The legal framework underlying the remuneration policy is Law 24/2017 on issuers of financial instruments and market operations, with subsequent additions and amendments, respectively Articles 106 and 94. At the same time, compliance with the FSA rules on issuers of financial instruments and the corporate governance code of the BVB were also taken into account in the development of the remuneration policy.
The company S.C. "ARMĂTURA "S.A., with its registered office in Cluj-Napoca, Str. Gării nr. 19, telephone: +40 0371 784 884, fax: +40 371 784 881, order number at the Trade Register of Cluj county: J12/13/1991, Sole Registration Code: RO 199001 is a Romanian legal entity, having the form of a joint stock company and operates in accordance with the provisions of Law No 31/1990 on companies, republished, as subsequently amended and supplemented and with the Romanian legislation in force.
The principles of remuneration of directors and managers are defined in the Remuneration Policy of Directors and Managers (hereinafter referred to as the Remuneration Policy). We remind you that the Remuneration Policy includes remuneration for Directors and Managers.
The company is managed by a board of directors which will be able to carry out all
the operations to achieve the company's objectives.
Remuneration of the Board of DirectorsThe remuneration of the Board of Directors is formed of a variable component. The variable component is equal to 2,000 EUR and shall be paid in the event the company obtains a profit higher than 100,000 EUR out of the renting activity.
The Directors, during the year 2024, did not receive the variable remuneration, nor other forms of benefits.
Period | Role | Surname First Name | Monthly remuneration | Other benefits - expenses related to the execution of the mandate (transport, daily allowance, accommodation expenses etc.) |
01.01.2025- 09.10.2025 | President of the Board of Directors | Bogdan Stefan | 0 lei | 0 lei |
01.01.2025- 09.10.2025 | Member of the Board of Directors | Damir Rutar | 0 lei | 0 lei |
01.01.2025- 09.10.2025 | Member of the Board of Directors | Walter Simmel | 0 lei | 0 lei |
01.01.2025- 09.10.2025 | Member of the Board of Directors | Zoran Bankovic | 0 lei | 0 lei |
The management of the company ARMATURA SA is ensured by a Manager. According to the Remuneration Policy, the remuneration of the Manager for the year 2025 consisted in a fix remuneration, established via the mandate agreement.
Period | Role | Surname First Name | Monthly remuneration | Other benefits - expenses related to the execution of the mandate (transport, daily allowance, accommodation expenses etc.) |
01.01.2025- 09.10.2025 | Manager | Cornel-Claudiu Bardea | According to the Mandate Agreement | Business car, tablet, telephone, laptop |
During the year 2025, the Directors and the Manager did not benefit from shares of the
issuer.
Observance of the Remuneration PolicyThere were no deviations from the Remuneration Policy regarding the remuneration of the members of the Board of Directors and the Manager of the company in 2025. The remuneration complied with the structure and principles outlined in the Remuneration Policy for all components of remuneration.
Remuneration of the Board of DirectorsSince 10.10.2025 the main shareholder is Microfruits SA which acquired from HERZ ARMATUREN Ges.m.b.H Austria 86.2245% of the total number of shares. | ||||
Period | Role | Surname First Name | Monthly remuneration | Other benefits - expenses related to the execution of the mandate (transport, daily allowance, accommodation expenses etc.) |
10.10.2025- 31.12.2025 | President of the Board of Directors | Racovita Adrian | 0 lei | 0 lei |
10.10.2025- 31.12.2025 | Member of the Board of Directors | Racovita Florin | 0 lei | 0 lei |
10.10.2025- 31.12.2025 | Member of the Board of Directors | Ghibaldan Cristina | 0 lei | 0 lei |
10.10.2025- 31.12.2025 | Member of the Board of Directors | Panici Alexandru | 0 lei | 0 lei |
10.10.2025- 31.12.2025 | Member of the Board of Directors | Bohalteanu Ionut | 0 lei | 0 lei |
During the year 2025, the Directors and the Manager did not benefit from shares of the
issuer.
Observance of the Remuneration PolicyThere were no deviations from the Remuneration Policy regarding the remuneration of the members of the Board of Directors and the Manager of the company in 2025. The remuneration complied with the structure and principles outlined in the Remuneration Policy for all components of remuneration.