S C Electroarges S A : Litigii - 04.02.2022 - versiune limba Engleza

TO: BUCHAREST STOCK EXCHANGE

THE FINANCIAL REGULATOR

Current report in accordance with Law 24/2017 on the issuers of financial instruments and market operations and ASF Regulation no. 5/2018 on the issuers of financial instruments and market operations.

Report date: 04.02.2022

Issuer: Electroarges SA

Trade Register Registration Code: RO156027

Trade Register Registration Number: J03/758/1991

Share capital: 6,976,465.00 lei

Important events to report:

Disputes - 04.02.2022.

Electroarges S.A. in accordance with the provisions of Art. 234, letter l) of the ASF Regulation no. 5/2018 on the issuers of financial instruments and market operations informs the shareholders about the list of disputes in which the company is a party, updatedon 04.02.2022:

ISS				OBJECT		CASE
UE	CASE NO.	COURT	ADVERSE PARTY	LAST TERM
PROCEDURE	STATUS
NO.
			Scop Line SA,
			Mattera Com SA,
			Alfaline SA,
			Geochis SA,
			Prosanio SA,
			Debrocons SA,
		Romanian	Lineas Trade SA,
		High Court	Fimansat SA,			Second
		of
1	1058/1285/2018	Amicosottis SA,	Claims	07.04.2022
Cassation	appeal
		Redont SRL,
		and Justice
		Altur SA,
			Marchis Corina
			Andreea,
			Gheorghe (former
			Papadopol)
			Ramona,
			Chirila Gheorghe,

MENTIONS

Settlement on the merits:

It admits the exception of the defendant's R SA lack of using

procedural capacity and, consequently, rejects the request for summons formulated by the claimant Electroarges SA, as well as the counterclaim formulated by the defendant A SA against this defendant. Pursuant to art. 75 paragraph 1 the final thesis of Law no. 85/2014 terminates the civil action filed by the claimant Electroarges SA, as well as the counterclaim filed by the defendant A SA against the defendants Scope Line SRL, a company in insolvency procedure, judicial liquidator being S 2000 SPRL, Mattera Com SA, a

Bunu Antonel

Cristi,

Petcu Vasile,

Andronache Gelu

Defendants

company in insolvency procedure, judicial administrator being CII LCA, A SA, a company in insolvency procedure, judicial administrator being CII LCA, a company in insolvency procedure, judicial administrator being CII MVB and Prosaino SA, a company in insolvency procedure, judicial administrator being CII LCA. Takes note of the transaction concluded between the claimant Electroarges SA and the defendant A SA, which is an integral part of this decision, as follows: "...". Takes note of the transaction concluded between the claimant Electroarges SA and the defendant Gheorghe Ramona (former Papadopol), which is an integral part of this decision, as follows: "...". Takes note of the transaction concluded between the claimant Electroarges SA and the defendant Marchis Corina Andreea, which is an integral part of this decision, as follows: "...". Partially admits the lawsuit filed by the claimant Electroarges SA against the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu. Obliges the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu to each pay to the claimant Electroarges SA 263,865.93 lei as compensation, the amount at which the legal penalizing interest calculated according to art. 3 paragraph 3 of GO no. 13/2011 from the date of formulating the request for summons, respectively 29.11.2018, and until the full payment of the main debt by each of the defendants. Rejects the claimant request having as object the payment of the remunerative interest and the payment of the penalizing interest calculated according to art. 3 paragraph 1 of GO no. 13/2011. Obliges the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu to each pay each to the claimant 6,243.65 lei as court costs. Rejects as inadmissible the counterclaim filed by the

2	12169/3/2021	Bucharest	Bran Oil - in	Finding
bankruptcy	document null
Court
		Claimant	and void

				Requests based
				on GEO
		Arges		116/2009 request
3	115/1259/2021	Amattis	for intervention
Specialized
Intervener	in the Argeş
		Court
			Trade Register
				case no. 23050 /
				27.04.2021

				Requests based
				on GEO
		Arges		116/2009 request
4	116/1259/2021	Balac Gheorghe	for intervention
Specialized
Intervener	in the Argeş
		Court
			Trade Register
				case no. 23050 /
				27.04.2021

28.03.2022 Merits

10.06.2021 Merits

11.01.2022 Appeal

defendant A SA against the defendants Debrocons SA, Lineas Trade SRL, Filmansat SA, A SA, Bunu Antonel Cristi, Petcu Vasile and Andronache Gelu. With the right to appeal within 30 days of the communication that will be submitted to the Cluj Specialized Court. Pronounced in open court on 02.06.2020

Settlement in appeal:

Admits the exception of the lateness of the appeal submitted by B.A.C. and consequently: Rejects as late the appeal made by B.A.C. against the Civil Sentence no. 537 / 2.06.2020 of the Cluj Specialized Court. Rejects the appeals declared by D.SA, F.SA, A.SA and A.SA against the civil sentence no. 537 of 02.06.2020, pronounced in the file no. 1058/1285/2018 of the Cluj Specialized Court, and keeps it as it is. With the right to appeal within 30 days from the communication. The appeal request will be submitted, under the sanction of nullity, to the Cluj Court of Appeal. Pronounced in open court on 13.04.2021.

Document: Decision 201/2021 13.04.2021

Pending:

Settlement on the merits:

Rejects the application as unfounded. Admits the request for submission and mention of documents submitted by the petitioner ELECTROARGES SA registered at the Trade Register Office attached to the Argeş Court under no. 23050/27.04.2021 and orders the mention of the submission of Decision no.

110/26.04.2021 of the Extraordinary General Meeting of Shareholders and its publication in the Official Gazette of Romania, Part IV. With appeal within 30 days of communication

Settlement on the merits:

Admits the request for submission and mention of documents submitted by the petitioner ELECTROARGES SA registered at the Trade Register Office attached to the Argeş Court under no. 23050/27.04.2021 and orders the

Arges

5 120/1259/2021 Specialized

Court

Arges

6 130/1259/2021 Specialized

Court

Amattis

Intervener

Bran Oil SA - in

bankruptcy

Claimant

Requests based

on GEO

116/2009 request for intervention in the Argeş Trade Register case no. 23493/29.04.2021

Action for

annulment of

the GMS

Decision

Annulment of

the Electroarges

SA OGMS

Decision no.

110/26.04.2021 and the EGMS Decision no. 109/26.04.2021

22.06.2021 Merits

24.11.2021 Merits

mention of the submission of Decision no. 110/26.04.2021 of the Extraordinary General Meeting of Shareholders and its publication in the Official Gazette of Romania, Part IV. With appeal within 30 days of communication

Settlement in appeal: Settlement type: Unfounded Settlement in short: Dismisses the appeal as unfounded. Final. Pronounced in accordance with art. 402 Code of Civil Procedure.

Pending:

Admits the request for suspension of the trial. In accordance with the provisions of art. 413 paragraph

1. section 1 of the Code of Civil Procedure, suspends the trial until the final settlement of the case no. 131/1259/2021. With appeal during the period of suspension
   Settlement on the merits:
   Settlement type: Admits the request
   The settlement in brief: Dismisses the exception of the lawyer's signing the application lack of representative capacity of the claimant BRAN OIL S.A. Rejects the exception of lack of active procedural capacity. Admits the request made by the claimant BRAN OIL S.A. - in bankruptcy, with registered office in Galati , Str. Grigore Ventura nr. 2, camera 11, Jud. Galaţi, J17/1502/2011, Tax Code 29434636, through the judicial liquidator DOA INSOLV SPRL, against the defendant ELECTROARGES S.A., with the registered office in Curtea de Arges, Str. Albesti nr. 12, Jud. Arges, J3/758/1991, Tax Code 156027 and with the procedural
   address chosen at SCA Gherbovan-Silinescu of Bucharest, str. Sabiutei nr. 14 B, sector 6.
   Annuls Decision no.
   110/26.04.2021 of the ELECTROARGES S.A. Ordinary General Meeting of Shareholders.
   Annuls Decision no.
   109/26.04.2021 of the
   ELECTROARGESS.A. Extraordinary General Meeting of

7	247/1259/2020*	Arges
Specialized
		Court

Arges

8 131/1259/2021 Specialized

Court

Bran Oil SA -in

bankruptcy

Claimant

Investments Constantin

Defendant

Bran Oil SA

Claimant

Presidential
Ordinance
suspending the
enforcement of
the Electroarges
SA OGMS		Second
Decision no.	16.09.2021
appeal
107/04.08.2020
and the
Electroarges SA
EGMS Decision
no.
108/04.08.2020

Presidential

Ordinance

suspending the enforcement of the Electroarges

SA OGMS 02.06.2021 Appeal Decision no.

110/26.04.2021

and EGMS

Decision no.

109/26.04.2021

Shareholders. Obliges the defendant ELECTROARGES S.A. to pay the claimant BRAN OIL S.A. the amount of 100 lei as court costs representing the judicial stamp duty. With the right to appeal within 30 days from the communication. The appeal is submitted to the Arges Specialized Court. Pronounced, by making the settlement available to the parties by the court registry, today,

24.11.2021, at the Arges Specialized Court.

Settlement in the second appeal:

Admits the appeal submitted by

the defendant appellant Electroarges SA against the Council Chamber Decision of 23.02.2021, Pronounced by the Pitesti Court of Appeal, Civil Section II in the case no. 247/1259/2020*. Cancels Pitesti Court of Appeal Decision no. 101 / A-C of 24.02.2021 and sends the case for retrial to the court of appeal

Settlement on the merits:

Rejects the exception of lack of

active procedural capacity, exception invoked by the defendant ELECTROARGES SA and by the accessory intervener

INVESTMENTS CONSTANTIN SRL. Partially admits the request for a presidential ordinance submitted by the claimant BRAN OIL SA, IN BANKRUPTCY,

through judicial liquidator

DOGARU, OANA ŞI ASOCIAŢII SPRL, against the defendant ELECTROARGES S.A. Orders the suspension of the enforcement of

the OGMS Decision no. 110/26.04.2021 only regarding point 3 of the decision ("Discharge from administration of the Electroarges SA Board of Directors for the financial year 2020"), point 12 ("Revocation of the members of the Electroarges SA Board of Directors"), point 13 ("Revocation of Chairman of the Electroarges