SNGR SNGN Romgaz SA

TIDMSNGR

RNS Number : 7646U

S.N.G.N. Romgaz S.A.

30 March 2023

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: March 30, 2023

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:

   --    Decisions of S.N.G.N. ROMGAZ S.A. Board of Directors 

During March 29, 2023 meeting, S.N.G.N. ROMGAZ S.A. Board of Directors:

a) approved the conclusion of Procurement Contract having as scope the "Completion of works and commissioning of CTE Iernut by building a new combined cycle gas turbine power plant", with Duro Felguera S.A.

The Procurement Contract will be signed by the parties in accordance with the applicable corporate procedures, and Law No. 99/2016 on sector specific procurements;

b) endorsed the conclusion of a Settlement Agreement between S.N.G.N. ROMGAZ S.A. and Duro Felguera S.A. that will be subject to the approval of ROMGAZ General Meeting of Shareholders.

The Settlement Agreement will be concluded with the purpose of settling differences between the parties and completing the remaining works at CTE Iernut.

The Settlement Agreement will become effective within 5 days from the date of fulfilment of all conditions precedent thereof, one of them being the approval of ROMGAZ General Meeting of Shareholders.

Chief Executive Officer,

R zvan POPESCU

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