VNC corporate event notification

The management of VRANCART SA, informs the investors about the publication of the EU Prospectus for the share capital increase with cash contribution. The Prospectus was approved by the Financial Supervisory Authority ('ASF') on 13.05.2024, as mentioned in ASF Decision No. 455/13.05.2024. Below, investors can consult the detailed timetable for the capital increase operation approved by the ASF:

Event and Date Stage 1: subscriptions based on preferential subscription rights -15.05.2024 - 14.06.2024 Stage 2: subscriptions based on preferential subscription rights - 21.06.2024 - 04.07.2024

Stage I. Each holder of pre-emptive rights shall be entitled to subscribe, with pre-emptive right, in proportion to the number of pre-emptive rights held, a number of new shares calculated according to the formula: rights held x Subscription rate, rounded down to the nearest whole number. The subscription rate is 0.1887403. The shares will be subscribed without issue premium. The issue price for the new shares to be issued is 0.10 lei/share Phase II. The shares remaining unsubscribed, following the exercise of the pre-emptive right in Stage I, shall be offered for subscription to the shareholders of the Company who subscribed in Stage I, in proportion to the pre-emptive rights held, at a subscription rate calculated as the ratio between the number of shares remaining unsubscribed in Stage I and the total number of shares existing on the date of the decision. The issue price for the new shares to be issued and subscribed in Phase II is 0.11 lei/share. The shares that will remain unsubscribed at the end of Stage II of the capital increase operation will be canceled by decision of the Board of Directors. Investors holding shares of the Issuer in Section I of the Central Depository and, respectively, all investors subscribing in Stage II of the Offering, may subscribe to the Offering only through SSIF GOLDRING S.A., in Targu Mures, str. Tudor Vladimirescu, nr 56A, tel/fax. 0265269195/0365455254, to which they will send and submit the Subscription Form, (i) in original physical form, signed in holograph - by courier, registered mail or in person, respectively (ii) by email, to the address subscrieri@goldring.ro signed with an extended electronic signature incorporated pursuant to Law no. 455/2001 on electronic signature.

The fee charged by the Central Depository for the processing of subscriptions is 27 lei for each instruction entered. For details please visit the Publication of the Prospectus of the capital increase by cash contribution https://www.bvb.ro/FinancialInstruments/Details/FinancialInstrumentsDetails.aspx?s=VNC