EGSM resolutions 22.01.2018

              The Company

  “MECANICA CEAHLAU” S.A.

        - PIATRA NEAMT –

Attention to:

AUTHORITY FOR FINANCIAL MONITORING BUCHAREST [ASF]

BUCHAREST STOCK EXCHANGE

CURRENT REPORT

in compliance with the provisions under Law 24/2017 and of the Regulation N^o 1/2006 of CNVM

Report date: 22/01/2018

Issuing entity: S.C. “Mecanica Ceahlau” SA

Registered Office: Municipality of Piatra Neamt, Str. Dumbravei, N^o 6

Phone/Fax: 0233/211104; 0233/216069

Unique Code of Registration with the Office of the Register of Commerce: 2045262

Social capital, subscribed and paid: Lei 23,990,846.00

Regulated Market on which movables issued are traded: [Bursa de Valori] Bucharest Stock Exchange

Important events to be reported:

1. The Extraordinary General Meeting of Shareholders and Resolutions approved

The Extraordinary General Meeting of the Shareholders of the company “MECANICA CEAHLAU” S.A.  was held on the first convening, i.e., 22/01/2018, and was attended – in person, by representatives or by post – by a number of 5 shareholders, representing 224,491,061 shares, i.e., 93,5736% of the company’s social capital.

Resolutions approved by the Extraordinary General Meeting of Shareholders held on 22/01/2018.

It is hereby approved that the secretariat of the Extraordinary General Meeting of Shareholders from among the shareholders, in compliance with the provisions of Law 31/1990, article 129, paragraph (2):

1. Ilie Mihailescu

2. Elvira Bulai

The resolution is hereby adopted with 224,491,061 votes in favor, i.e., 100.00 % of the total shares represented in the Extraordinary General Meeting of Shareholders.

            It is hereby approve the capitalization of the building, property of the company, located in Piatra Neamt, 34 Aurel Vlaicu Street, Neamt County in an area of 23,235 sqm, consisting of two plots with an area of 11,235 sqm with no. Cadastral 2276/1 together with the corresponding constructions registered in CF no. 53966, and the land of 12.000 sqm with no. Cadastral 2276/2 together with the corresponding constructions registered in CF no. 54 397

The resolution is hereby adopted with 224,491,061 votes in favor, i.e., 100.00 % of the total shares represented in the Ordinary General Meeting of Shareholders.

It is hereby approve that the selling price to be at least 200 Euro/sqm + VAT, which includes the related constructions. 

The resolution is hereby adopted with 224,491,061 votes in favor, i.e., 100.00 % of the total shares represented in the Extraordinary General Meeting of Shareholders.

Empowerment of the Board of Directors to establish the procedure for the sale of the asset, to negotiate the price and the documents related to the operation, to carry out the decisions of the EGMS and the authorization of the General Manager for the signing of the sale-purchase agreement, the sale purchase contract, as well as any other documents necessary for the finalization the sale of the asset, under the conditions established by the Board of Directors..

The resolution is hereby adopted with 224,491,061 votes in favor, i.e., 100.00 % of the total shares represented in the Extraordinary General Meeting of Shareholders.

It is hereby approved that the date of 09.02.2018 (ex-date 08.02.2018) shall be set as the date for the identification of the shareholders that are to benefit from rights and who are to be subject to the effects of the resolutions adopted by the Extraordinary General Meeting of Shareholders.

The resolution is hereby adopted with 224,491,061 votes in favor, i.e., 100.00 % of the total shares represented in the Extraordinary General Meeting of Shareholders.

Trifa Aurelian-Mircea-Radu

Chair of the Board of Directors