Related Party Transactions acc. to art. 108 Law 24

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

27 October 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: October 27, 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 events to be reported:

·      S.N.G.N. Romgaz S.A. concluded two new transactions with the affiliated party E.ON ENERGIE ROMANIA SA

According to the provisions of art.108 from Law no. 24/2017 (R) and art.234 letter i) from F.S.A. Regulation no 5 from 2018, S.N.G.N. Romgaz S.A reports the concluding of two new transactions with the affiliated party E.ON ENERGIE ROMANIA SA. The cumulated value of the new transactions with the transactions previously concluded with this affiliated party, for a period of 12 months, exceeds both 5% of S.N.G.N. Romgaz S.A. net assets value according to the latest financial reporting and also 10% of the 2022 net turnover.

No	Name of the Affiliate	Date and nature of the transaction	Transaction scope	Value of transaction/ addendum (VAT exclusive) -RON-	Total cumulated value of the Contract (VAT exclusive) -RON-	Mutual receivables	Issued guarantees	Terms/ Payment Methods	Other information -penalties-
1	E.ON ENERGIE ROMANIA SA	Addendum no 2/October 27, 2023 to Contract no F16/2023	Gas sale purchase (period April 1, 2023 - November 1, 2023)	2,312,039.74	1,313,612,717.78	-	Letter of bank guarantee	30 days from invoicing	Delay penalties of 0.10% per day
Addendum no 2/October 27, 2023 to Contract no F16/2023 increases the contract value from RON  1,311,300,678.04 to RON 1,313,612,717.78, resulting a difference of RON 2,312,039.74.
2	E.ON ENERGIE ROMANIA SA	Addendum no 1/October 27, 2023 to Contract no F35/2023	Gas sale purchase (period November 1, 2023 - March 31, 2024)	-30,902.10	987,737,395.18	-	Letter of bank guarantee	30 days from invoicing	Delay penalties of 0.10% per day
Addendum no 1/October 27, 2023 to Contract no F35/2023 decreases the contract value from RON  987,768,297.28 to RON 987,737,395.18, resulting a difference of RON 30,902.10.

Chief Executive Officer,                                                                          Chief Financial Officer,

Razvan POPESCU                                                                                      Gabriela TRANBITAS

 

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