S.C. Fondul Proprietatea SA · BVB:FP
S.C. Fondul Proprietatea SA — Fondul Proprietatea — Shareholder Meeting (January 2021)
14 slides from S.C. Fondul Proprietatea SA's shareholder meeting presentation, Jan 11, 2021
Slide 1: Fondul Proprietatea – General Shareholders Meeting
Fondul Proprietatea – 11 January 2021 General Shareholders Meeting
Slide 2: Fund Information
FRANKLIN > TEMPLETON Fund Information <x lu = <x = W o oa jo} oa o 4 =) 2 Z O aa
Slide 3: The Fund – Key Facts
The Fund – Key Facts Fund Details1 RON USD NAV 9.98 bn 2.44 bn2 NAV/Share 1.6060 0.39292 Price/Share 1.3050 0.31932 Price/GDR 64.582 15.80 Market Capitalization as at 8 January 20213 9.22 bn 2.32 bn3 Discount/Share as at 8 January 2021 5.04% Discount/GDR as at 8 January 2021 11.80% Number of Paid Sh
Slide 4: FP Market performance
FP Market performance FP Adjusted Share Price (RON) and Discount (%) 1.4500 61% 1.2000 50% 0.9500 39% 0.7000 29% 0.4500 18% 0.2000 7% 1/11 8/11 3/12 9/12 4/13 10/13 5/14 12/14 6/15 1/16 8/16 2/17 9/17 4/18 10/18 5/19 12/19 6/20 1/21 Discount Adjusted share price Source: BVB, Bloomberg, for the perio
Slide 5: Portfolio
FRANKLIN > TEMPLETON <x lu = <x = W o oa jo} oa o Portfolio 4 =) 2 Z O aa
Slide 6: Portfolio Structure
Portfolio Structure Listed vs Unlisted By Sector By Controlling Ownership as at 27 November 2020 (% NAV)1 as at 27 November 2020 (% NAV)1 as at 30 September 20202 Power Utilities: Generation……....50% Oil & Gas.……….14% State Unlisted….…71% Power & Gas Utilities: Controlled Distribution & Entities………6
Slide 7: Largest Holdings by NAV
Largest Holdings by NAV NAV as at % in NAV Majority 27 November 2020 as at Portfolio Company Status Shareholder % Stake1 (USD mn) 27 November 2020 Hidroelectrica Unlisted Romanian State 19.9% 1,151.7 47.2% OMV Petrom Listed OMV 7.0% 344.7 14.1% Bucharest Airports Unlisted Romanian State 20.0% 180.0
Slide 8: Corporate Actions
FRANKLIN EMPLETON ; : ; : ; ' ; : ’ ‘ ~ Corporate Actions <x WW a <x a Ww oc a jo) ao a 4 =) 2 Z O aa
Slide 9: Distributions to shareholders
Distributions to shareholders Annual Distributions to Shareholders (RON mn) 1,124.3 552.7 507.7 1,499.0 1,778.5 923.6 1,190.8 1,743.7 1,870.6 1,081.3 1,483.0 25.4% 2000 18.3% 21.9% 17.5% 18.3% 1500 15.5% 583.1 1,121.5 14.8% 832.5 10.5% 812.6 1000 600.0 236.6 181.5 484.4 7.5% 362.6 344.7 257.5 8.1% 1
Slide 10: Buy-back programs
Buy – back programs No. of shares (to be) repurchased/ Average % of the Fund’s share price Cancellation Program Period Status issued share capital (RON/share) Broker of shares1 The cancellation of shares will 1 Jan – Auerbach Grayson, Eleventh Finalized 797.96 mn/10.48% 1.33472 be subject to shareho
Slide 11: Fondul Proprietatea Tender Offers
Fondul Proprietatea Tender Offers FP pre-announcement Premium to pre- Announcement Tender price Discount of offer Take-up rate Tender Offer share price announcement date (RON/share) price to NAV (%)1 (%) (RON/share) share price (%) First 10 Oct 2013 1.0000 0.7770 28.70% 15.12% 78.42% Second 20 Oct 2
Slide 12: GSM agenda
es TEMPLETON GSM agenda <x lu = <x = W o oa jo} oa o 4 =) 2 Z O aa
Slide 13: 14 January 2021 EGSM agenda
14 January 2021 EGSM agenda • The approval of several amendments to the Constitutive Act 12
Slide 14: Fondul Proprietatea contact details
Fondul Proprietatea Premium Point Buzesti Street 78-80, 1st District Bucharest 011017 www.fondulproprietatea.ro
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