Public Offer for Sale of JT GRUP OIL SA Shares

The Financial Supervision Authority (ASF) approved by decision no. 489 of May 23, 2024, the EU Prospectus for the increase related to the initial public offering for the sale of shares issued by the company JT Grup Oil SA Năvodari with a view to admitting the issuer's shares to trading within the Multilateral Trading System administered by the Bucharest Stock Exchange SA , AeRO market.

• Object of the offer:  10,000,000 newly issued shares as part of the capital increase operation.
• Nominal value: 1 leu/share
• The Offer Period will be 10 working days: 28.05.2024 – 10.06.2024.
• Offer Price: 6.50 lei/share
• Discount price: For applications validly submitted during the first five (5) working days of the Offer Period, investors will benefit from a discount of 16 % from the Offer Price, respectively at the price of 5.46 lei/share.
• Price without discount: The offered shares that are subscribed starting from the sixth (6th) working day of the Offer will be sold to investors at the Offer Price, respectively at the price of 6.50 lei/share. The first day of the offer without discount is 04.06.2024.
• Offer success condition: The offer will be considered successfully completed regardless of the amount subscribed.
• Early closing of the Offer: The Offer can be closed early, starting from the 2nd (second) Working Day of the Offer Period, if at the end of a subscription day the subscription threshold of 75% is reached, respectively if at least 7,500 have been validly subscribed up to that moment .000 of the Offered Shares.
• Minimum subscription: The minimum amount of a subscription is 300 Offered Shares.

The intermediary of the initial public offer is SSIF INTERDEALER CAPITAL INVEST SA
The shares will be registered under ISIN ROLD2ESK82G1 and traded under the symbol "JTG"