SNGN Romgaz: Intention to contract the Exxon Project financing

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Societatea Naţională de Gaze Naturale Romgaz SA – Mediaş – România

REPORT IN PROGRESS

In accordance with law no. 24/2017 concerning issuers of financial instruments and market transactions and ASF regulation no. 5/2018

Report date: September 30, 2021

Company Name: Societatea Nationala de Gaze Naturale ROMGAZ SA

Address: Media, 4 Constantin I. Motas Square, Department of Sibiu – Romania, 551130

Telephone / fax number: 004-0374-401020 / 004-0269-846901

Tax code: RO14056826

LEI code: 2549009R7KJ38D9RW354

Registration number in the Commercial Register: 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 report:

  • Intention to contract financing for the acquisition of shares issued by ExxonMobil Exploration and Production Romania Limited

Having regard to the press articles published in the media concerning SNGN Romgaz SA having contracted a loan for the financing of the transaction with ExxonMobil Exploration and Production Romania Holdings Ltd. (https://www.zf.ro/companii/energie/romgaz-ia-un-credit-de-350- milioane-de-euro-pentru-a-finanta-20275176,https://www.mediafax.ro/economic/strategia- de-extragere-a-gazelor-din-marea-neagra-romgaz-ia-un-credit-de-350-mil-euro-pentru-a- cumpara-participatia-americanilor-de-la-exxon-20275820), we hereby declare the following:

As part of the exclusive negotiations with ExxonMobil Exploration and Production Romania Holdings Ltd. concerning the acquisition of all the shares issued by (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited which holds 50% of the rights and obligations under the Concession Agreement for exploration, development and production oil in the XIX Neptun Deep Block, an event made public in the past, SNGN Romgaz SA has initiated non-binding proceedings for SNGN Romgaz SA with a view to obtaining financing offers in the amount of 1.6 billion Lei or the equivalent in euros in order to cover part of the above-mentioned transaction price and the current working capital of SNGN Romgaz SA.

The contracting of financing for which SNGN Romgaz SA is in the process of obtaining and evaluating offers from banks is subject to the following conditions:

  1. the completion of negotiations with ExxonMobil Exploration and Production Romania Holdings Ltd. the transaction concerning the acquisition of all the shares issued by (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited;

Share capital: 385,422,400 lei

CAF: RO 14056826

Nr. Ord.reg.com/an: J32 / 392/2001

RO08 RNCB 0231 0195 2533 0001 – BCR Médiaş RO12 BRDE 330S V024 6190 3300 – BRD Médiaş

SNGN Romgaz SA 551130, Piața CI Motaş, nr. 4 Mediaş, jud. Sibiu – România Telefon 004-0374-401020 Fax 004-0269-846901E-mail [email protected]mgaz.ro www.romgaz.ro


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