Romgaz S Regulatory News (SNGR)

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and Market Operations and A.S.F. Regulation no. 5/2018

Report date: December 27, 2019

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant event to be reported:

·; Request from the Ministry of Economy, Energy and Business Environment, on behalf of the Romanian State, as the major shareholder of S.N.G.N. Romgaz S.A., for supplementing the agenda of the Extraordinary General Meeting of Shareholders on January 15 (16), 2020

According with the provisions of A.S.F. Regulation no. 5/2018 art. 234, paragraph 1 letter b), S.N.G.N. ROMGAZ S.A. informs the market about the request received on December 24, 2019 from the Romanian State as shareholder of S.N.G.N. ROMGAZ S.A. (owning 70.0071% of the share capital), represented by the Ministry of Economy, Energy and Business Environment, to supplement the agenda of the Extraordinary General Meeting of Shareholders convened on January 15 (16), 2020.

Following the above mentioned request, S.N.G.N. Romgaz S.A. Board of Directors will adjourne in the immediate period, in order to analyze and decide upon the request.

Annexed: The request of the Ministry of Economy, Energy and Business Environment, on behalf of the Romanian State, registered on no. 44497/December 24, 2019.

Chief Executive Officer,

Constantin Adrian VOLINTIRU

______________________________________________________________________________

Ministry of Economy, Energy and Business Environment

Minister Cabinet

Registration no. 6048 of December 24, 2019

To: SOCIETATEA NATIONALA DE GAZE NATURALE SNGN ROMGAZ S.A.

Mrs. Stan-Olteanu Manuela Petronela, Chairperson of the Board

Taking into account the call for the Extraordinary General Meeting of Shareholders of SNGN "ROMGAZ" SA on January 15, 2020 at 1:00 pm; the Ministry of Economy, Energy and Business Environment, on behalf of the Romanian State as shareholder, holding a number of 269,823,080 shares representing 70.0071% of Societatea Nationala de Gaze Naturale "Romgaz" S.A. (SNGN ROMGAZ SA) share capital, subject to Article 1171 of Company Law 31/1990, as subsequently amended and supplemented, requests the Board of Directors to include new items on the agenda of the meeting, to debate and approve the following topics:

1. Approval to increase SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL share capital, by the inflow of capital in kind to the existing share capital with the fixed assets owned by SNGN Romgaz SA, which are used to the storage activity, in compliance with the law.

2. Approval to authorise SNGN Romgaz SA Board of Directors to coordinate the process of issuing new shares in SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL in exchange of the inflow of capital in kind by SNGN Romgaz SA.

3. Approval to authorise SNGN Romgaz SA Board of Directors to take all steps and to fulfil all necessary and legal procedures for successfully increasing the share capital of SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL.

Concurrently, we propose the following resolution drafts:

1. Approves the increase of SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL share capital, by the inflow of capital in kind to the existing share capital with the fixed assets owned by SNGN Romgaz SA, which are used to the storage activity, in compliance with the law.

2. Authorises SNGN Romgaz SA Board of Directors to coordinate the process of issuing new shares in SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL in exchange of the inflow of capital in kind by SNGN Romgaz SA.

3. Authorises SNGN Romgaz SA Board of Directors to take all steps and to fulfil all necessary and legal procedures for successfully increasing the share capital of SNGN Romgaz SA - Filiala de Inmagazinare Gaze Naturale DEPOGAZ Ploiesti SRL.

Yours respectfully,

MINISTER OF ECONOMY, ENERGY AND BUSINESS ENVIRONMENT

Virgil-Daniel POPESCU