Bittnet : OGSM & EGSM resolutions 20.04.2022

Current Report nr. 19 / 2022

Current report according toDate of reportLaw 24/2017, FSA Reg 5/2018 21.04.2022

Name of the issuing entity

BITTNET SYSTEMS S.A

Legal Adress

Strada Șoimus Nr. 23, Bloc 2, Apartament 24, Sector 4,

Bucuresti

Adress

Strada Tudor Arghezi, nr. 8-10, București 020945

Telefon/Fax

021.527.16.00 / 021.527.16.98

Fiscal Code

21181848

Number with the Trade Registration

J40/3752/2007

The market where the securities issued are traded:Segment: BSE Main Market; Category: StandardTicker

BNET - shares

BNET23, BNET23A, BNET23C - bonds

Subscribed and paid share capital

48.043.690,40 RON

Total number of shares

480.436.904 shares face value RON 0.10 per share

Results report

O&E General Meeting of Shareholders from 20.04.2022

OGMS

Today, April 20, 2022, at 09:30 (Romanian time), the shareholders of BITTNET SYSTEMS SA, ("the Company") met in the Ordinary General Meeting of Shareholders ("OGMS") of the Company, at the first convocation, at the headquarters located in Bucharest, Str. Sergent Nutu Ion nr. 44, sector 5, Cladirea One Controceni Park, etaj 4, as well as in electronic format. The OGMS meeting was opened by Mr. Mihai-Alexandru-Constantin Logofatu, as legal representative of the Chairman of the Board of Directors.

In accordance with:

• 1. The convening notice for the OGMS published on the Company's website -(https://investors.bittnet.ro/ ) and on the BSE website(https://www.bvb.ro/ ) on 17.03.2022, in Romanian Official Gazette, Part a IV-a, no. 1146 from 18.03.2022 Jurnalul newspaper from 18.03.2022;

• 2. The provisions of the Companies Law no. 31/1990, republished, with subsequent amendments and completions (Law no. 31/1990);

• 3. The provisions of Law no. 297/2004 regarding the capital market, with the subsequent modifications and completions (Law no. 297/2004);

• 4. The provisions of Law no. 24/2017 on the issuers of financial instruments and market operations, with subsequent amendments and completions (Law no. 24/2017);

• 5. The provisions of the FSA Regulation no. 5 of 2018 regarding issuers and operations with securities, with subsequent amendments and completions (Regulation no. 5/2018);

• 6. The provisions of the CNVM Regulation no. 6/2009 on the exercise of certain rights of shareholders in the general meetings of companies, with subsequent amendments and completions (Regulation no. 6/2009)

Following the debates, the shareholders of the Company adopted the following decisions regarding the items on the agenda with the following results:

Item 1

OGMS01	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	327,491,849	323,765,554	323,762,754	2,800	2,329,731	3,726,295
Percentage of votes cast	NA	NA	99.9991%	0.0009%	NA	NA
Percentage of total shares with votingrights	71.1243%	70.3151%	70.3145%	0.0006%	0.51%	NA
Percentage of total shares	68.1654%	67.3898%	67.3892%	0.0006%	0.4849%	NA

Approves, according to the procedure of organizing and holding the general meetings of the Company's shareholders, the election of the Chairman of the meeting, Mr. Mihai-Alexandru-Constantin LOGOFATU and of the meeting secretary of the lawyer Ioana PRECUP, who has the quality of shareholder of the company.

Item 2

OGMS02	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	327,755,458	215,126,287	215,123,487	2,800	111,342,467	112,629,171
Percentage of votes cast	NA	NA	99.9987%	0.0013%	NA	NA
Percentage of total shares with votingrights	71.1816%	46.7209%	46.7203%	0.0006%	24.1812%	NA
Percentage of total shares	68.2203%	44.7772%	44.7766%	0.0006%	23.1753%	NA

Approves the individual and consolidated annual financial statements for the financial year 2021, based on the Report of the Board of Directors (in the form of a Universal Registration Document) and the Report of the Independent Auditor.

Item 3

OGMS03	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	327,755,458	325,922,575	322,015,501	3,907,074	469,288	1,832,883
Percentage of votes cast	NA	NA	98.8012%	1.1988%	NA	NA
Percentage of total shares with votingrights	71.1816%	70.7835%	69.9350%	0.8485%	0.1019%	NA
Percentage of total shares	68.2203%	67.8388%	67.0256%	0.8132%	0.0977%	NA

Approves of profit distribution proposal.

Item 4

OGMS04	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	327,755,458	210,892,134	210,889,534	2,600	115,570,140	116,863,324
Percentage of votes cast	NA	NA	99.9988%	0.0012%	NA	NA
Percentage of total shares with votingrights	71.1816%	45.8013%	45.8008%	0.0006%	25.0994%	NA
Percentage of total shares	68.2203%	43.8959%	43.8954%	0.0005%	24.0552%	NA

Approves the discharge of the Board of Directors of the Company for the financial year 2021

Item 5

OGMS05	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	327,889,813	325,517,719	323,622,547	1,895,172	1,051,868	2,372,094
Percentage of votes cast	NA	NA	99.4178%	0.5822%	NA	NA
Percentage of total shares with votingrights	71.2108%	70.6956%	70.2840%	0.4116%	0.2284%	NA
Percentage of total shares	68.2483%	67.7545%	67.3601%	0.3945%	0.2189%	NA

Approval of the Revenue and Expenditure Budget for the financial year 2022.

Item 6

OGMS06	Cvorum	Votes cast	'For"	'Against'	'Abstention'	Unexpressed
Voting rights	328,495,427	212,895,049	208,428,953	4,466,096	113,769,264	115,600,378
Percentage of votes cast	NA	NA	97.9022%	2.0978%	NA	NA
Percentage of total shares with votingrights	71.3423%	46.2363%	45.2664%	0.9699%	24.7083%	NA
Percentage of total shares	68.3743%	44.3128%	43.3832%	0.9296%	23.6804%	NA

Approves of the Remuneration Report for 2021.