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SIF MOLDOVA S.A. - SIF2

Report according art. 225 Law 297/2004

Release Date: 2/16/2017 1:45:38 PM

IRIS Code: 991AC

Report date: February 16, 2017

Information according to: Law 297/2004, CNVM Regulation 1/2006

Issuer name: Societatea de Investitii Financiare MOLDOVA S.A.

Headquarters: 94C Pictor Aman street, Bacau

Phone/fax/e-mail: 0234576740 / 0234570062 / sifm@sifm.ro

Sole registration number at the Trade Register Office: 2816642

Trade Register Number: J04/2400/92

Share capital: 103,817,917.6 RON

Number of issued shares: 1,038,179,176

Nominal Value: 0.1 RON/share

Ownership structure: 100% private

Free float: 100%

CNVM/ASF authorization: 1902/30.08.1999

CNVM/ASF Register: PJR099SIIR/040001/14.12.2005

Regulated market on which the issued securities are traded: Bucharest Stock Exchange, Premium category

International identifiers:

Bucharest Stock Exchange: SIF2

ISIN: ROSIFBACNOR0

Bloomberg: BBGID BG000BMN5F5

Reuters: SIF2.BX

To: BUCHAREST STOCK EXCHANGE

FINANCIAL SUPERVISORY AUTHORITY

Financial Instruments and Investments Sector

Important Event – extension of contracts concluded with Asset Invest SA – a subsidiary of “SIF Moldova Group” (ASF Certificate no. 1/Feb 07, 2017)

(completing the current reports of Sept. 15, 2016 and Nov. 11, 2016 - in accordance with art. 225 of Law 297/2004 and art. 113, letter G, paragraph (5) of CNVM Regulation 1/2006)

Concluding date of the legal act, nature and object of the act

1. February 13, 2017 - Extension of services contract for monitoring the information and events of SIF Moldova portfolio companies (addendum no. 1 to the contract no. 3134 / May 20, 2015)

(a) contracting parties: SIF Moldova - beneficiary; Asset Invest SA - service provider

(b) duration of contract: April 1, 2017 - December 31, 2017

(c) contract value: 31,321 RON/month+VAT (previous value: 27,800 RON/month)

(d) payment terms: monthly

2. February 13, 2017Extension of the mandate contract for the sale of some shares from SIF Moldova portfolio (addendum to the contract 7542/December 17, 2015)

Specifications: Asset Invest SA was set up by SIF Moldova in order to capitalize the underperforming shares from the portfolio of the company (report of August 2, 2013 and October 8, 2013). In compliance with the purpose of establishing the company Asset Invest SA it was concluded the Mandate Contract for the acceleration of the negotiation / sale of the non-performing portfolio of SIF Moldova, within the limits and conditions set by SIF Moldova and with the following characteristics:

(a) contracting parties: SIF Moldova SA – principal; Asset Invest SA – mandatory

(b) duration of the contract: February 8, 2017 – December 31, 2017

(c) contract value: remuneration for each transaction completed successfully (collection of the sales price) after a calculation algorithm specified in the contract (maintain).

Note: during the ongoing period of the contract (January 1, 2016 - present) it has been paid the amount of 177,484 RON (of which 150,094 RON was also reported through the press release of September 15, 2016)

(d) payment terms: at the receiving of the amount for the sold shares

3. January 10, 2017: Extension of the rental contract for SIF Moldova car (addendum no. 1 to the contract no. 1978 / January 4, 2016)

(a) contracting parties: SIF Moldova SA – lessor; Asset Invest SA – lodger

(b) duration of the contract: January 1, 2017 – December 31, 2017, with the possibility of new extensions of periods of time

(c) contract value: 2.000 RON/month (maintaining the value)

(d) payment terms: monthly.

The cumulative value of contracts concluded with Asset Invest SA exceeds 50,000 EUR / year

In accordance with art. 225 of Law 297/2004 and art. 113, letter G, paragraph (5) of CNVM Regulation 1/2006 the contracts are made available to the financial auditor for expressing an opinion regarding the compliance with the law (through the current report of November 11, 2016 it has been presented the Report of the financial auditor Deloitte regarding the contracts concluded by SIF Moldova in 2016 with its subsidiaries, namely with Asset Invest SA and Casa SA).

Costel Ceocea

President and CEO

Internal Control

Michaela Puscas



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