OFFICIAL POSITION JT GRUP OIL SA
Regarding the articles published in the press, subsequently taken over and broadcast on 02/24/2025 and 02/25/2025. In order to prevent any misinterpretations or confusion, JT Grup Oil SA categorically disclaims and rejects any association with such acts of corruption and expresses its confidence that legal proceedings will lead to the rapid clarification of this situation.
In the context of the appearance of press articles regarding the investigation conducted in the Port of Constanta, JT Grup Oil SA makes the following clarifications, in order to ensure transparency and provide correct and accurate information to all interested parties.
First of all, the companies JT Grup Oil SA and JT Terminal Constanța SRL are not involved and are not subject to the investigations referred to in the aforementioned press articles. The activities of these two entities continue to be carried out in full compliance and their operation is not affected by any kind of ongoing investigation.
All articles published in the press refer to a natural person who holds the status of majority shareholder of the company. Thus, we would like to emphasize that this status does not in any way influence the current activity of the company, does not impact the development of investment projects, the company's development plans or operational activity. It is also important to mention that, based on the fundamental principle of the presumption of innocence, any person is considered innocent until a final and irrevocable conviction is pronounced by the competent court.
In this context, we wish to assure our investors and partners that the company's activity continues normally, without any significant disruption, including with regard to the implementation of projects.
ongoing investment and the implementation of the share buyback program. We also emphasize that there is no reason for investors to worry, as the company remains on a stable course, and the financial results reinforce confidence in the long-term development strategy of JT Grup Oil. Therefore, investments in JT Grup Oil SA shares prove to be a well-founded choice
and inspired, without any uncertainty about the future of society.
JT Grup Oil SA continues to dedicate itself to achieving performance objectives and applying best practices in all areas of activity, in order to provide constant value to shareholders, investors and
the entire community.
JT Grup Oil reaffirms its firm commitment to compliance with the legislation and full cooperation with the competent authorities to clarify the aforementioned situation. The information speculated in the press is completely unfounded and misleading both investors and the public.
JT Grup Oil is a company listed on the BVB, on the AeRo market, being subject to a strict regulatory regime, periodic financial audit and control by the competent authorities. Through this structure
corporate governance, the company constantly demonstrates transparency and responsibility towards investors and all stakeholders. The entire activity of JT Grup Oil is carried out in accordance with
ethical principles and in compliance with the legislation in force.
The company has been continuously audited financially since 2013, and independent analyses conducted over time have confirmed the correctness of financial management and the transparency of our operations. In addition, JT Grup Oil SA has been subject to several controls carried out by the National Agency for Fiscal Administration (ANAF), which were concluded without the application of sanctions, thus confirming compliance with tax legislation and the norms in force.
JT Grup Oil categorically rejects any accusation of involvement in illegal activities and reserves the right to use all necessary legal means to protect its image, integrity and public trust.