Decizia CA cu privire la consolidarea valorii nominale a actiunilor Companiei

ONE UNITED PROPERTIES S.A.

Bucuresti Sectorul 1, Strada Maxim Gorki, Nr. 20

J40/21705/2007, CUI 22767862, EUID: ROONRC.J40/21705/2007,

capital social subscris si integral varsat: 1.105.831.012,8 RON

(„Societatea”)

ONE UNITED PROPERTIES S.A.

Bucharest, Sector 1, 20 Maxim Gorki Street

J40/21705/2007, Sole Registration Code 22767862, EUID: ROONRC.J40/21705/2007,

subscribed and fully paid-in share capital:

RON 1,105,831,012.8 (the “Company”)

DECIZIA CONSILIULUI DE ADMINISTRATIE AL

RESOLUTION OF THE BOARD OF DIRECTORS OF

ONE UNITED PROPERTIES S.A.

ONE UNITED PROPERTIES S.A.

Nr. 63 din data de 7 noiembrie 2024

No. 63 dated 7 November 2024

Consiliul de Administratie:

The Board of Directors:

CLAUDIO CISULLO [date cu caracter personal],

CLAUDIO CISULLO [personal identification data];

VICTOR CAPITANU, [date cu caracter personal],

VICTOR CAPITANU [personal identification data],

ANDREI-LIVIU DIACONESCU, [date cu caracter personal],

ANDREI-LIVIU DIACONESCU, [personal identification data];

DRAGOS-HORIA MANDA, [date cu caracter personal],

DRAGOS-HORIA MANDA, [personal identification data],

MARIUS-MIHAIL DIACONU, [date cu caracter personal],

MARIUS-MIHAIL DIACONU, [personal identification data],

AUGUSTA-VALERIA DRAGIC, [date cu caracter personal], si

AUGUSTA-VALERIA DRAGIC, [personal identification data], and

DIRK PAHLKE, [date cu caracter personal].

DIRK PAHLKE[personal identification data].

INTRUCAT:

WHEREAS:

(A)  In data de 10 octombrie 2024, Adunarea Generala Extraordinara a Actionarilor Societatii („AGEA”) a aprobat, printre altele, urmatoarele:

(A)  On 10 October 2024, the Extraordinary General Meeting of Shareholders of the Company (the “EGMS”) has approved, inter alia, the following:

(i)            consolidarea valorii nominale a unei actiuni emise de Societate de la valoarea nominala de 0,2 RON/actiune la valoarea nominala de 10 RON/actiune, prin cresterea valorii nominale a actiunilor concomitent cu reducerea numarului total de actiuni (50 de actiuni cu valoare nominala de 0,2 RON/actiune vor reprezenta o actiune cu valoare nominala de 10 RON/actiune) („Consolidarea Valorii Nominale”);

(i)            the consolidation of the nominal value of a share issued by the Company from the nominal value of RON 0.2/share to the nominal value of RON 10/share, by increasing the nominal value of the shares concomitantly with the decrease of the total number of shares (50 shares with a nominal value of RON 0.2/share will represent one share with a nominal value of 10 RON/share) (“Nominal Value Consolidation”);

(ii)           propunerea Consiliului de Administratie de stabilire a unui pret in valoare de 46,225 RON/actiune consolidata, pentru compensarea fractiilor de actiuni rezultate ca urmare a Consolidarii Valorii Nominale. Pretul astfel propus a fost calculat prin inmultirea sumei de 0,9245 RON (reprezentand valoarea medie de tranzactionare a actiunii cu valoare nominala de 0,2 RON, aferenta ultimelor 12 luni anterioare convocarii AGEA, ajustata corespunzator modificarilor generate de eventuale evenimente corporative din aceasta perioada, daca este cazul) cu 50 (reprezentand valoarea raportului dintre valoarea nominala consolidata (10 RON/actiune) si valoarea nominala anterioara Consolidarii Valorii Nominale (0,2 RON/actiune));

(ii)           the proposal of the Board of Directors to set a price amounting RON 46.225/consolidated share, for the compensation of the fractions of shares resulting from the Nominal Value Consolidation. The price thus proposed was calculated by multiplying the amount of RON 0.9245 (representing the average trading value of the share with a nominal value of RON 0.2, referring to the last 12 months prior to the convening of the EGMS, adjusted for changes generated by any corporate events during this period, if applicable) by 50 (representing the ratio between the consolidated nominal value (RON 10/share) and the nominal value prior to the Nominal Value Consolidation (RON 0.2/share));

(iii)          termenii si conditiile de plata, precum si instructiunile de calcul pentru sumele ce urmeaza sa fie platite in conformitate cu hotararea adoptata ca urmare a aprobarii punctului 3 de pe ordinea de zi AGEA, in conformitate cu documentul de informare si procedura privind operatiunile de consolidare care sunt puse la dispozitia actionarilor drept material suport aferent acestui punct de pe ordinea de zi AGEA;

(iii)          the terms and conditions of payment and the calculation instructions for the amounts to be paid in accordance with the resolution adopted following the approval of item 3 on the EGMS agenda, in accordance with the information document and the procedure on consolidation operations which are made available to shareholders as supporting material to this item on the EGMS agenda;

(iv)          imputernicirea Consiliului de Administratie al Societatii sa emita orice hotarare si sa indeplineasca toate actele si faptele juridice necesare, utile si/sau oportune pentru aducerea la indeplinire a hotararii ce urmeaza sa fie adoptata de catre AGEA cu privire la Consolidarea Valorii Nominale, inclusiv cu privire la urmatoarele aspecte:

·         negocierea, aprobarea si semnarea oricaror acte ce au legatura cu Consolidarea Valorii Nominale, indeplinirea oricaror acte si fapte juridice necesare, utile sau oportune in legatura cu cele de mai sus;

·         sa aprobe orice contracte privind Consolidarea Valorii Nominale sau orice alte aranjamente, angajamente, documente de informare, certificate, declaratii, registre, notificari, acte aditionale si orice alte acte si documente necesare, sa indeplineasca orice formalitati si sa autorizeze si/sau sa execute orice alte actiuni necesare pentru a da efecte depline Consolidarii Valorii Nominale (inclusiv modificarea, actualizarea si semnarea Actului Constitutiv ca efect al Consolidarii Valorii Nominale, precum si efectuarea tuturor operatiunilor necesare, utile si oportune pentru inregistrarea si modificarea Actului Constitutiv in Registrul Comertului, Autoritatea de Supraveghere Financiara, Bursa de Valori Bucuresti, Depozitarul Central S.A. si orice alte autoritati competente);

·         sa imputerniceasca reprezentanti ai Societatii pentru a semna orice astfel de documente, a indeplini orice astfel de formalitati si a indeplini orice astfel de actiuni; si

·         sa reprezinte Societatea in fata oricaror autoritati si institutii competente (cum ar fi Oficiul Registrului Comertului, Autoritatea de Supraveghere Financiara, Bursa de Valori Bucuresti, Depozitarul Central S.A.) in legatura cu Consolidarea Valorii Nominale.

(iv)          the empowerment of the Board of Directors of the Company to issue any resolution and to perform all legal acts and deeds necessary, useful and/or opportune for the fulfilment of the resolution to be adopted by the EGMS on the Nominal Value Consolidation, including with regard to the following matters:

·         negotiating, approving and signing any documents in connection with the Nominal Value Consolidation, performing any legal acts and deeds necessary, useful and/or opportune in connection with the above;

·         to approve any agreements relating to the Nominal Value Consolidation or any other arrangements, commitments, disclosure documents, certificates, statements, declarations, registers, notices, addenda and any other necessary acts and documents, to perform any formalities and to authorize and/or execute any other actions necessary to give full effect to the Nominal Value Consolidation (including the amendment, update and execution of the Articles of Association as effect of the Nominal Value Consolidation, as well as performing all necessary, useful and advisable operations for the registration and amendment of the Articles of Association with the Trade Registry, the Financial Supervisory Authority, Bucharest Stock Exchange, Depozitarul Central S.A. and any other competent authorities);

·         to empower representatives of the Company to sign any such documents, carry out any such formalities and perform any such actions; and

·         to represent the Company before any competent authorities and institutions (such as the Trade Registry Office, the Financial Supervisory Authority, the Bucharest Stock Exchange, Depozitarul Central S.A.) in connection with the Nominal Value Consolidation.

(B)  In conformitate cu deciziile mentionate la punctul (A) din preambul, Consiliul de Administratie intentioneaza prin prezenta sa aprobe, printre altele, (i) structura capitalului social ca urmare a implementarii Consolidarii Valorii Nominale, (ii) Actul Constitutiv actualizat al Societatii, si (iii) imputernicirea membrilor executivi a Consiliului de Administratie cu privire la Consolidarea Valorii Nominale;

(B)  In accordance with the decisions mentioned under item (A) of the preamble, the Board of Directors intends to hereby approve, among others, (i) the structure of the share capital pursuant to the implementation of the Nominal Value Consolidation, (ii) the updated Articles of Incorporation of the Company, and (iii) the empowerment of the executive members of the Board of Director in relation to the Share Capital Increase;

(C)  In aceasta decizie, toate cuvintele scrise cu majuscula vor avea intelesul conferit acestora in preambul;

(C)  In this resolution, all capitalized words shall have the meaning ascribed to them in the preamble;

Constatand indeplinirea tuturor conditiilor prevazute de legislatia din Romania si de Actul Constitutiv al Societatii pentru validitatea acestei sedinte a Consiliului de Administratie si pentru luarea de hotarari,

Ascertaining the fulfillment of all requirements under the Romanian legislation and the Company’s Articles of Incorporation for the validity of this meeting of the Board of Directors and for passing resolutions,

HOTARASTE IN UNANIMITATE DUPA CUM URMEAZA:

UNANIMOUSLY RESOLVES AS FOLLOWS:

1.    Aprobarea structurii capitalului social ca urmare a Consolidarii Valorii Nominale

1.    Approval of the structure of the share capital pursuant to the Nominal Value Consolidation

Consiliul de Administratie aproba  structura capitalului social al Societatii ca urmare a Consolidarii Valorii Nominale, dupa cum urmeaza:

The Board of Directors approves the share capital structure of the Company following the Nominal Value Consolidation, as follows:

a.     In aplicarea art. 91 alin. (9) din Legea nr. 24/2017 privind emitentii de instrumente financiare si operatiuni de piata, republicata, cu modificarile si completarile ulterioare, potrivit caruia, in situatia in care numarul de actiuni proprii care ar urma sa fie dobandite de emitent ar urma sa fie un numar fractionar, rotunjirea se face la intregul imediat superior, iar majorarea capitalului social al societatii corespunzatoare efectuarii acestei rotunjiri se face in favoarea emitentului, prin inglobarea de rezerve in suma egala cu valoarea nominala a rotunjirii, calculata pe baza valorii nominale consolidate a unei actiuni, avand in vedere ca numarul de actiuni care rezulta din impartirea numarului actual de actiuni emise de Societate (i.e., 5.529.155.064 actiuni) la 50 este un numar fractionar (110.583.101,28 actiuni) capitalul social al Societatii va fi majorat cu suma de 7,2 RON prin incorporarea de rezerve egale cu aceasta suma;

a.     In application of Art. 91 para. (9) of Law no. 24/2017 on issuers of financial instruments and market operations, republished, with subsequent amendments and additions, according to which, in the event that the number of own shares to be acquired by the issuer would be a fractional number, the rounding shall be made to the next higher whole number, and the increase in the Company's share capital corresponding to the effecting of such rounding shall be made in favor of the issuer, by the incorporation of reserves in an amount equal to the nominal value of the rounding, calculated on the basis of the consolidated nominal value of a share, taking into account that the number of shares resulting from dividing the current number of shares issued by the Company (i. e., 5,529,155,064 shares) by 50 is a fractional number (110,583,101.28 shares) the share capital of the Company will be increased by the amount of RON 7.2 by incorporation of reserves equal to this amount;

b.    Capitalul social al Societatii este astfel majorat de la valoarea nominala de 1.105.831.012,8 RON pana la valoarea nominala de 1.105.831.020 RON, fiind impartit in 110.583.102 actiuni nominative, dematerializate, cu o valoare nominala de 10 RON si o valoare nominala totala de 1.105.831.020 RON.

b.    The share capital of the Company is thus increased from the nominal value of RON 1,105,831,012.8 to the nominal value of RON 1,105,831,020, being divided into 110,583,102 registered, dematerialized shares with a nominal value of RON 10 and a total nominal value of RON 1,105,831,020.

2.    Aprobarea Actului Constitutiv actualizat

2.    Approval of the updated Articles of Association

Consiliul de Administratie aproba prin prezenta modificarea Actului Constitutiv pentru a reflecta Majorarea Capitalului Social, dupa cum urmeaza:

The Board of Directors hereby approves the amendment of the Articles of Incorporation in order to reflect the Share Capital Increase, as follows:

Articolul 4.1 din Actul Constitutiv se va modifica si va avea urmatorul continut:

Article 4.1. of the Articles of Association shall be amended and shall be read as follows:

„Capitalul social subscris si varsat al Societatii este de RON 1.105.831.020 (din care 1.096.505.118,5 RON si 1.922.633,5 EUR), integral subscris si varsat de actionari, impartit intr-un numar de 110.583.102 actiuni ordinare, nominative si dematerializate, cu o valoare nominala de 10 RON/actiune.”

“The subscribed and paid-up share capital of the Company is of RON 1,105,831,020 (from which RON 1,096,505,118.5 and EUR 1,922,633.5), fully subscribed and paid-up by the shareholders, divided into a number of 110,583,102 ordinary, nominative shares, and dematerialized shares, with a nominal value of RON 10/ share.”

Consiliul de Administratie aproba in unanimitate inlocuirea versiunii actuale a Actului Constitutiv cu o versiune actualizata care reflecta modificarile aprobate conform acestui punct de pe ordinea de zi.

The Board of Directors unanimously approves the replacement of the current version of the Articles of Association with an updated version reflecting the amendments approved under this item of the agenda.

3.    Acordarea de imputerniciri

3.    Granting powers of attorney

4.1.    Consiliul de Administratie aproba prin prezenta desemnarea si imputernicirea fiecaruia dintre domnul Victor Capitanu si domnul Andrei - Liviu Diaconescu („Reprezentantii”), actionand individual si nu impreuna, semnatura oricaruia dintre Reprezentanti angajand in mod valabil si fiind obligatorie pentru Societate:

3.1.    The Board of Directors hereby approves the appointment and empowerment of each of Mr. Victor Capitanu and Mr. Andrei Liviu Diaconescu (the “Representatives”), acting individually and not jointly, the signature of each of the Representatives being validly binding for the Company:

a)    cu putere si autoritate depline, sa semneze orice document si sa realizeze orice alta formalitate necesara, utila sau oportuna pentru inregistrarea si opozabilitatea hotararilor adoptate, inclusiv semnarea prezentei decizii si a Actului Constitutiv actualizat, dupa cum va fi cazul, precum si sa semneze, sa stampileze si sa transmita orice alte documente care sunt necesare, adecvate, dezirabile, cerute, utile sau recomandabile in legatura cu exercitarea de catre Societate a tuturor drepturilor si indeplinirea tuturor obligatiilor sale rezultand din sau in legatura cu deciziile aprobate prin prezenta, inclusiv cu privire la Consolidarea Valorii Nominale; si

a)    with full power and authority, to execute any document, as well as to perform any other formality necessary, useful or desirable in connection with the registration and the effect towards third parties of the resolutions approved herein, including this resolution and the updated Articles of Incorporation, as the case may be, as well as to sign, seal, execute and deliver any other documents, necessary, appropriate, desirable, required, useful or advisable in relation to the performance by the Company of all its rights and obligations under or in connection with the decisions adopted herein, including with respect to the Nominal Value Consolidation; and

b)    sa reprezinte Societatea, personal sau prin reprezentanti, cu puteri si autoritate deplina in fata Registrului Comertului, Autoritatea de Supraveghere Financiara, Depozitarul Central S.A., notarilor publici si a oricarei alte autoritati sau terti relevanti si sa indeplineasca toate formalitatile necesare cu privire la inregistrarea sau implementarea hotararilor luate prin prezenta la orice registru sau autoritate si sa indeplineasca orice alta actiune, sa semneze si sa modifice orice document si sa indeplineasca orice formalitate necesara pentru ca aspectele decise prin prezenta sa produca efecte depline (inclusiv publicarea acestei decizii in Monitorul Oficial al Romaniei, Partea a IV-a).

b)    to represent the Company, in person or through proxies, with full powers and authority in front of the Trade Registry Office, Financial Supervisory Authority, Depozitarul Central S.A., notary public, and of any other authorities or relevant third parties and to carry out all the required formalities regarding the registration and implementation of the resolutions passed hereunder with any registrars or authorities and to take any other action, execute and amend any document and to perform any formalities necessary in order to give full effect to the matters decided herein (including the publication of this resolution in the Official Gazette of Romania, Part IV).

3.2.   Consiliul de Administratie confirma prin prezenta ca Reprezentantii numiti la punctul 4.1 de mai sus pot (i) actionand individual, sa sub delege oricare si toate puterile acordate lor, dupa cum considera de cuviinta, catre persoane diferite sau catre aceeasi persoana; sau (ii) actionand impreuna, sa imputerniceasca una sau mai multe persoane sa reprezinte Societatea in vederea implementarii chestiunilor decise prin prezenta (inclusiv pentru a indeplini, in numele si pe seama Societatii, puterile mentionate la punctul ‎3.1 de mai sus).

3.2.      The Board of Directors hereby confirms that the Representatives named under item 3.1 above may (i) acting individually, sub-delegate any and all of their powers, as they may seem fit, to different persons or both to the same person; or (ii) acting jointly, empower one or more persons to represent the Company for the purposes of implementing the decision adopted hereby (including carrying out, for and on behalf, of the Company, the powers under item 3.1 above).

4.    Aprobarea Situatiilor Financiare consolidate ale Societatii aferente trimestrului III al anului 2024, in forma prezentata Consiliului de Administratie.

4.    Presentation and approval of the consolidated Financial Statements of the Company for the 3rd Quarter of 2024, as submitted to the Board of Directors.

5.    Aprobarea raportului pregatit pentru a fi depus la Bursa de Valori Bucuresti si Autoritatea de Supraveghere Financiara (Sectorul Instrumentelor si Investitiilor Financiare) cu privire la Situatiile Financiare ale Societatii aferente trimestrului III al anului 2024, in forma prezentata Consiliului de Administratie.

5.    Approval of the report prepared to be submitted to the Bucharest Stock Exchange and the Romanian Financial Supervisory Authority (Financial Instruments and Investment Sector) regarding the Financial Statements for the 3rd Quarter of 2023, as submitted to the Board of Directors.

Prezenta decizie a fost semnata astazi, data mentionata mai sus, in 3 (trei) exemplare originale, in limbile romana si engleza. In caz de discrepanta intre cele doua versiuni, versiunea in limba romana va prevala.

This Resolution has been signed today, the date mentioned above in 3 (three) original counterparts, in Romanian and English languages. In case of discrepancies between the two versions, the Romanian language version shall prevail.