Disclosure of holdings over 5% of voting rights

To: Bucharest Stock Exchange

Financial Supervisory Authority

London Stock Exchange

Current report according to Art. 74 paragraph (6) of Law no. 24/2017 on issuers of financial instruments and market operations, Art. 131 and Annex no. 18 of FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, as well as the provisions of Art. 106 of the Rulebook of the Bucharest Stock Exchange, Title II - Issuers and Financial Instruments

Important events to be reported:

Disclosure of holding over 5% of the total voting rights held by Fondul de Pensii Administrat Privat Metropolitan Life in Fondul Proprietatea S.A.

Franklin Templeton International Services S.À R.L, alternative investment fund manager and sole director of Fondul Proprietatea SA ("Fondul Proprietatea / the Fund"), hereby, announces that Fondul de Pensii Administrat Privat Metropolitan Life has sent a disclosure of holding over 5% of the total voting rights held in Fondul Proprietatea, as reflected in the Annex.

According to the disclosure of 12 April 2023 ("Report date"), Fondul de Pensii Administrat Privat Metropolitan Life held at 31 August 2022 ("Date of exceeding the threshold (vote percentage)") a number of 287,443,608 voting rights, representing 5.0069% of the total number of voting rights in Fondul Proprietatea at 31 August 2022 (i.e. 5,740,983,458).

Franklin Templeton International Services S.À R.L. in its capacity of alternative investment fund manager and sole director of FONDUL PROPRIETATEA S.A.

Johan MEYER

Permanent Representative

http://www.rns-pdf.londonstockexchange.com/rns/0178W_1-2023-4-12.pdf

Report date:

12 April 2023

Name of the issuing entity:

Fondul Proprietatea S.A.

Registered office:

76-80 Buzesti Street

7th floor, district 1,

Bucharest, 011017

Phone/fax number:

Tel.: + 40 21 200 96 00

Fax: +40 31 630 00 48

Email:

office@fondulproprietatea.ro

Internet:

www.fondulproprietatea.ro

Sole Registration Code with the Trade Register Office:

18253260

Order number in the Trade Register:

J40/21901/2005

Subscribed and paid-up share capital:

RON 3,233,269,110.76

Number of shares in issue and paid-up:

6,217,825,213

Regulated market on which the issued securities are traded:

Shares on Bucharest Stock Exchange

GDRs on London Stock Exchange