New organizational chart&Initiation of the recruitment procedure for Dpty. Dir.

CONPET SA

No.1-3 anul 1848 Street, Ploiesti, Prahova, Romania

TIN RO 1350020

NACE Code 4950

CRN J29/6/22.01.1991

Subscribed and paid-up share capital 28 569 842.40 RON

No. 49517/ 18.12.2018

To: The Bucharest Stock Exchange

Phone no. +40 21.307.95.00/ Fax no. +40  021.307.95.19

The Financial Supervisory Authority 

Phone no. +40 021.659.60.57/ Fax no. +40 021.659.64.36; 021.659.60.51

Current Report no. 40/2018

as per Law no. 24/2017 and ASF Regulation no. 5/2018

   The regulated market where

    the issued securities are being traded:             B.S.E., PREMIUM Category

Reporting significant events:

I.   The approval of a new organizational structure of the company CONPET S.A. 

II. The launching of the selection and recruitment procedure of the Deputy Director General considering the provisions of EGO no.109/2011 on corporate governance of public enterprises, ulterior amendments and completions.

--------------------------------------------------------------------------------------------------------------------------

I.  The approval of a new organizational structure of the company CONPET S.A.

The company CONPET S.A. informs the shareholders and investors that, by Resolution no.33 dated 18.12.2018 of the Board of Administration, has been approved the new organizational structure that is to enter intro force starting 01.01.2019.

--------------------------------------------------------------------------------------------------------------------------

II. The launching of the selection and recruitment procedure of the Deputy Director General considering the provisions of EGO no.109/2011 on corporate governance of public enterprises, ulterior amendments and completions.

            During the meeting dated 18.12.2018, the Board of Administration of the company:

a)  approved the launching of the selection and recruitment procedure of the Deputy Director General, considering the provisions of EGO no.109/2019 on corporate governance of public enterprises; the procedure is then to be performed without independent expert, namely by the Nomination and Remmuneration Committee.

b)  mandated the Nomination and Remuneration Committee within the Board of Administration to carry out the recruitment and selection procedure of the Deputy Director General, following that, during the following BoA meeting to be settle dwon the stages of the selection procedure, the maximal terms and the related calendar and to be submitted to BoA approval the recruitment and selection criteria thereof, as well as the form and contents of the recruitment and selection notice.