ROMGAZ Shareholders approve the Takeover of Azomures Assets

The Ordinary General Meeting of Shareholders of SNGN ROMGAZ SA has approved by Resolution of July 06, 2026, adopted with over 90% of the validly cast votes, the Transfer of Business Agreement (TBA) concluded with Azomureș SA, having as scope the takeover of the operational assets of the Târgu Mureș industrial platform, as the capital market was informed.

The transaction is in line with ROMGAZ strategy on gas value chain integration by utilization of natural gas in value-added industrial processes. When operating at optimal parameters, the Azomureș platform could cover a significant share of the domestic fertilizer demand.

Next stages:

• Securing the Decision of the Competition Council and the Approval of the Commission for the Examination of Foreign Direct Investments;

• Fulfilment of the formalities stipulated under the Agreement and completion of the transfer of assets, contracts and personnel;

• Technical and operation preparation of the platform, by a prudent, phased and rigorously monitored approach, and by restart of production in correlation with the availability of gas quantities, including with a view of Neptun Deep entering into production.

ROMGAZ is going to inform the market and the public on the progress of the transaction, pursuant to legal reporting obligations.