Market News

PURCARI WINERIES PUBLIC COMPANY LIMITED - WINE

Establishment of the Board of Directors as a governing body following GSM

Release Date: 5/26/2023 5:47:17 PM

IRIS Code: 69305

To: Bucharest Stock Exchange (BVB)

cc: Cyprus Securities & Exchange Commission (CySEC), Romanian Financial Supervisory Authority (FSA)

Announcement & Current Report

Report Date: 26 May 2023

Company Name: Purcari Wineries Public Company Limited

Headquarters: 1 Lampousas street, 1095, Nicosia, Cyprus

Phone/fax no.: +373 22 856 035/ +373 22 856 022

Cyprus Trade Register Registration Number: HE201949

Subscribed and paid in share capital: EUR 401,175

Regulated market where the issued securities are traded: Bucharest Stock Exchange, International shares category

Symbol: WINE

Establishment of the Board of Directors of Purcari Wineries Public Company Limited as a governing body following the Annual General Meeting

The Directors of Purcari Wineries Public Company Limited (hereinafter referred to as the “Issuer”, “Company”, “Group”), at a meeting held today, which constitutes the first meeting of the Directors following the Annual General Meeting of shareholders of the Company dated on May 26^th, 2023, constituted the Board of Directors of the Company as a governing body.

The changes occurred in the Board’s structure are as follows:

1. The Board of Directors re-elected Mr. Vasile Tofan as the Chairman of the Board of Directors.

The Board of Directors further decided the composition of the Board Committees: (a) the Audit Committee, (b) the Nominations, Remuneration and Corporate Governance Committee, (c) the ESG Committee, as follows:

(a) Audit Committee: Chairperson Monica Cadogan (Independent, Non-executive Director). Members: Neil McGregor (Independent, Non-executive Director), Paula Catalina Banu (Independent, Non-executive Director) and Vasile Tofan (Non-executive Director).

(b) Nominations, Remuneration and Corporate Governance Committee: Chairperson Neil McGregor (Independent, Non-executive Director). Members: Eugen Comendant (Non-executive Director), Monica Cadogan (Independent, Non-executive Director) and Vasile Tofan (Non-executive Director).

(c) ESG Committee: Chairperson Raluca Ioana Man (Independent, Non-executive Director). Members: Eugen Comendant (Non-executive Director) and Paula Catalina Banu (Independent, Non-executive Director).

____________________

Victor Arapan,

CFO

WINE_20230526174014_Purcari-Wineries-PLC-Constituirea-Consiliului-de-Administrat.pdf
WINE_20230526174018_Purcari-Wineries-PLC-Establishment-of-Board-of-Directors.pdf

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.