ELGS corporate events notification

ELECTROARGES SA ('the Company') informs interested persons about the publication of the Simplified Prospectus of the offer for the share capital increase operation of the Company, approved by the Financial Supervisory Authority by Decision no. 76 dated 29.01.2024. In Phase I of the operation of increasing the share capital of the Company, only the shareholders registered in the Shareholders' Register kept by the Central Depository on the Registration Date - 01.09.2023, decided by the same EGM, may subscribe. In Phase I, the number of newly issued shares that may be subscribed by a entitled shareholder, based on the exercise of the held preference rights, shall be calculated by multiplying the number of held preference rights by the subscription rate of 0.71884543, rounded down to the nearest whole natural number, rounded down to the nearest whole natural number, the subscription price being 0.10 lei/share. Phase II is not subject to and will not be carried out on the basis of this Prospectus Subscriptions under the Offer are irrevocable for the entire period of the Offer, unless an amendment to the Prospectus is approved. Subscriptions are entered from the trading platform, menu 'Subscriptions/Add Subscription'. The fee charged by the Central Depository for processing subscriptions is 27 lei for each instruction entered. For details please visit the Publication of the Prospectus for the capital increase by cash contribution https://www.bvb.ro/infocont/infocont24/ELGS_20240131095511_Prospect-Simplificat-Majorare-Capital-Social.pdf