Related Party Transactions acc. to art. 108 Law 24

S.N.G.N. Romgaz S.A.

16 September 2024

 

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and  Market Operations  and A.S.F. Regulation no. 5/2018

Report date: September 16, 2024

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 3,854,224,000 RON

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant event to be reported:

·      S.N.G.N. Romgaz S.A. concluded two new transactions with the affiliated parties E.ON ENERGIE ROMANIA S.A. and ENGIE ROMANIA S.A.

According to the provisions of art.108 of Law no. 24/2017, republished, and art. 234 paragraph 1,letter i) from F.S.A. Regulation no. 5/2018, S.N.G.N. Romgaz S.A. reports the concluding of two new transactions with the affiliated parties E.ON ENERGIE ROMANIA S.A. and ENGIE ROMANIA S.A. The cumulated value of the new transactions with the transactions previously concluded with these affiliated parties, for a period of 12 months, exceeds both 5% of 2023 net assets value according to the latest financial reporting and also 10% of the 2023 net turnover.

No	Name of the Affiliate	Date and nature of the transaction	Transaction scope	Value of transaction/ addendum (VAT exclusive) -RON-	Total cumulated value of the Contract (VAT exclusive) -RON-	Mutual receivables	Issued guarantees	Terms/ Payment Methods	Other information -penalties-
1.	E.ON ENERGIE ROMANIA S.A.	Addendum no. 2/September 12, 2024 to gas sale Contract no. F15/2024	Gas sale (period April 01, 2024 - April 01, 2025)	511,011.39	1,500,806,757.15	-	Letter of bank guarantee	30 days from the date of issuance of the regularization invoice	Delay penalties of 0.10% per day
	Note: Addendum no.2 to gas sale Contract no. F15/2024 reduces the value of the contract by the amount of RON 511,011.39, from RON 1,501,317,768.54 to RON 1,500,806,757.15.
2.	ENGIE ROMANIA S.A.	Addendum no. 2/September 16, 2024 to gas sale Contract no. F39/2024	Gas sale (period May 01, 2024 - April 01, 2025)	2,296,889.95	3,281,271.36	-	Advance	30 days from the date of issuance of the regularization invoice	Delay penalties of 0.10% per day
	Note: Addendum no.2 to gas sale Contract no. F39/2024 increases the value of the contract by the amount of RON 2,296,889.95, from RON 984,381.41 to RON 3,281,271.36. It also extends the delivery period until April 1, 2025.

Chief Executive Officer,                                                 Chief Financial Officer,                                              

Razvan POPESCU                                                            Gabriela TRANBITAS

 

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