General Meeting of Shareholders

This section intends to provide information on the organization and convening of the General Shareholder Meeting, in accordance with the Articles of Incorporation.

General Shareholder Meetings are ordinary or extraordinary.

The Ordinary General Shareholder Meeting is held at least once every year, within 5 months upon the closing of the financial year.

The Ordinary Shareholder General Meeting is competent to decide on any matter related to the activities of the company, except for those which are by law in the competence of the Extraordinary General Shareholder Meeting.

The General Shareholder Meeting shall be convened by the Board of Administration whenever necessary.

The Board of Administration shall convoke the General Shareholder Meeting upon the request of shareholders holding individually or together at least 5% of the share capital. In this case the General Shareholder Meeting shall be convoked within 30 days and shall be held within 60 days from receipt of the request.

The General Shareholder Meeting shall take place at the registered office of the company or elsewhere as indicated in the Convening Notice.

The shareholder structure of SNGN Romgaz S.A.
 

Shareholder

No of shares

Votting rights

Interest share (%)

Romanian State, through the Ministry of Energy

269,823,080

269,823,080

70.0071

Others (natural and legal persons)

115,599,320

115,599,320

29.9929

Total

385,422,400

385,422,400

100.0000