S C Santierul Naval Orsova S A : Concluded contracts

ŞANTIERUL NAVAL ORŞOVA S.A.

Nr. RC J25/150/1991 CIF: RO 1614734

Capital social: - subscris	28.557.297,5 lei
- varsat	28.557.297,5 lei

Str. Tufări, nr. 4, Orşova, 225200, Mehedinţi

Tel.: [phone]; Fax: [phone]

E-mail:[e-mail]; [e-mail]

Codul LEI (Legal Entity Identifier): 254900UXAJ8TPIKLXG79

Cod IBAN: RO96RNCB0181022634120001- B.C.R. Orşova

Cod IBAN: RO59BRDE260SV03176142600- B.R.D. Orşova

TO :

THE STOCK EXCHANGE BUCHAREST - Department of Operations Issuers of Regulated Markets FINANCIAL MONITORING AUTHORITY - Department of Financial Instruments and Investments

CURRENT REPORT

ACCORDING TO THE LAW NO. 24/2017 AND TO THE ASF REGULATION NO. 5/2018

Concerning the issuers of financial instruments and market operations

Report date: 20 JANUARY 2022

• Name of the trading company: ŞANTIERUL NAVAL ORŞOVA S.A.;
• Registered office: 4, TUFĂRI Street, ORŞOVA, MEHEDINŢI County;
• Telephone/fax:[phone]/360648;
• Single registration code issued by the Trade Register: RO 1614734;
• Registered number with the Trade Register's Office: J25/150/03.04.1991;
• Code Lei: 254900UXAJ8TPIKLXG79
• Subscribed and paid in share capital: 28,557,297.5 Lei
• Number of shares: 11.422.919 common shares, of 2,5 lei each;

- Regulated market where the issued securities are traded: Bucharest Stock Exchange-category Standard

(symbol: SNO)

IMPORTANT EVENT TO REPORT: CONCLUSION OF COMMERCIAL CONTRACTS FOR CONSTRUCTION AND DELIVERY OF THE RIVER SHIPS

ORSOVA SHIPYARD S.A., in accordance with the provisions of art.234 par. (1) letter (i) of the FSA Regulation no. 5/2018, informs the shareholders and all those interested on the fact that the company has concluded a number of

2 external contracts for two river vessels construction, in connection with which the following clarifications are made:

• Nature acts concluded: commercial contracts with intra-Community delivery;
• Closing date: 19.01.2022;
• Buyer: Rensen-Driessen Shipbuilding B.V. (Netherlands);
• Object contracts: commercial contracts for the construction and delivery of river vessels;
• The total value of the contracts: 4.065.000 EURO;
• Delivery terms: 31.12.2022, respectively 28.02.2023, CIP Rotterdam;
• Terms and conditions of payment: an advance payment, based on a letter of guarantee refund of the advance
  payment and the remaining payment: based on documentary letter of credit, payable after arrival at the place of delivery.

There are no other events to report.

General Manager,

Eng. Mircea Ion Sperdea