Shareholders Rights and Obligations
Excerpt of ARTICLES OF INCORPORATION of Societatea Nationala de Gaze Naturale “Romgaz” - SA, updated on December 18, 2023
Article 10 – Shareholders Rights and Obligations
(1) When a person acquires the property right of a share, it also acquires the rightful position as shareholder of ROMGAZ S.A together with all rights and obligation arising out of this position, according to the law and this Articles of Incorporation.
(2) In compliance with all exceptions provided by law, each share whose value was subscribed and fully paid up, grants the shareholder the right:
to participate in the general meetings of shareholders;
to obtain information necessary for exercising the voting right and the information related to the voting result in the General Meeting of Shareholders;
to cast a vote in the General Meeting of Shareholders;
to receive the dividends due;
preference right for subscribing for newly issued shares;
to equal treatment for all shareholders of the same class;
any other rights provided by law and this Articles of Incorporation.
(3) Shareholders have to exercise their rights in good faith by complying with the lawful rights and interests of the Company and of the other shareholders.
(4) If, related to a certain operation, a shareholder, either personally or as representative of another person, has an interest contrary to that of the Company; it shall abstain from the deliberations on such operation.
(5) Shareholders shall transmit to the Company ex officio or at the request of the Company, all identification and contact data necessary for complying with all conditions related to the exercise of rights and to the fulfilment of Company obligations, provided by law or by this Articles of Incorporation.
(6) If the data transmitted change, the new data shall be sent by the shareholders ex officio, according to paragraph 5.