Sngn Romgaz : Current Report - Convening Notice of OGMS on June 15 (16), 2017

1. shall be available, in Romanian and English language, as from May 12, 2017 at ROMGAZ Correspondence Entry and on the Company web page (www.romgaz.ro);

2. shall include the shareholder identification method, the number of owned shares, as well as

   the voting options "for" or "against" or "abstain" for every issue to be voted upon;

3. shall be updated by the Company if new items are added to the agenda of the EGMS;

4. shall be filled in by the shareholder in three counterparts: one for the shareholder, one for the representative, and one for the Company.

The general power of attorney will be awarded by the shareholder, acting as client, only to an agent as it is defined under Art 2, Par. 1, point 14 of the Law No. 297/2004 on the capital market, or to an attorney-at-law.

The original copy of the special and general powers of attorney, in Romanian or English language, shall be transmitted to ROMGAZ Correspondence Entry by any form of courier service with proof of delivery no later than June 14, 2017, at 12:00 AM (Romania Time), in sealed envelope, clearly marked with capital letters "FOR THE ORDINARY GENERAL MEETING OF SHAREHOLDERS OF JUNE 15, 2017", along with the copy of the shareholder's identity document (in case of shareholders being natural persons - copy of the identity document, and in case of shareholders being legal persons - copy of the legal representative identity document) as the case may be, along with the original or the certified true copy of the excerpt issued by the Trade Register or the original or the certified true copy of any other document issued by a competent authority of the

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country where the shareholder is duly incorporated, proving the capacity as legal representative, issued no more than 3 months prior to the publishing date of the OGMS convening notice.

If the representative is a credit institution providing custodian services and it submits a special power of attorney, such power of attorney shall be prepared in accordance with Regulation 6/2009 of CNVM and CNVM Executive Order No. 26/20 December 2012, signed by such shareholder and, mandatorily accompanied by a sworn statement issued by the credit institution which has received the special power of attorney for representation and stating that:

1. the credit institution provides custodian services for that respective shareholder;

2. the instructions of the special power of attorney are identical to those comprised in the SWIFT message received by the credit institution with a view to voting on behalf of the respective shareholder;

3. the special power of attorney is signed by the shareholder.

The special and general powers of attorney may be also sent by e-mail at the address: investor.relations@romgaz.ro , having attached an extended electronic signature in accordance with Law No. 455/2001on electronic signature, no later than June 14, 2017, at 12:00 AM (Romania Time).

Access of shareholders authorized to attend the OGMS is allowed based on simple proof of identity, as follows:

1. in case of shareholders being natural persons - based on the identity document;

2. in case of legal persons - based on the copy of the excerpt or equivalent and the legal representative' s identity document, or the documents proving the capacity as legal representative of the legal person (in case the OGMS is not attended by the legal representative of the institutional investor), as the case may be;

3. in case of a conventional representative, the documents provided at letter a) or b) above along with the special or general power of attorney.

The capacity as legal representative shall be proved by providing an excerpt issued by the Trade Register (or by another institution of similar authority of the resident country of the shareholder being a foreign legal person), as original or certified true copy, issued no more than 3 months prior to the publishing date of the OGMS convening notice. Documents proving the capacity as legal representative, prepared in a foreign language other than English, shall be accompanied by their certified translation into Romanian or English.

The shareholders of the Company may vote by correspondence, prior to OGMS, by using the voting ballot form for the vote by correspondence (the "Voting Ballot'').

The Voting Ballot:

1. shall be available, in the Romanian and English language, as from May 12, 2017, at ROMGAZ Correspondence Entry and on the Company web page (www.romgaz.ro);

2. shall provide the shareholder identification method, the number of owned shares and the voting options "for" or "against" or "abstain" for every issue to be voted upon;

3. shall be updated by the Company if new items are added on the agenda of the OGMS.

The Voting Ballots shall be transmitted as original copies, in Romanian or English language, to ROMGAZ Correspondence Entry, by any form of courier service with proof of delivery, or by e-mail at the address: investor.relations@romgaz.ro, having attached an extended electronic signature in

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accordance with Law No. 455/2001 on electronic signature, no later than June 14, 2017, at 12:00 AM (Romania Time), clearly marked with capital letters "FOR THE ORDINARY GENERAL MEETING OF SHAREHOLDERS OF JUNE 15, 2017".

The filled in and signed Voting Ballots shall be accompanied by copies of the shareholders' identification documents (the identity document in case of natural persons, and the identity document of the legal representative in case of legal persons, respectively), as the case may be, along with the excerpt, as original or certified true copy, issued by the Trade Register or any other document, as original or certified true copy, issued by a competent authority of the state where the shareholder is duly incorporated, in proof of the capacity of the legal representative, issued no more than 3 months prior to the publishing date of the OGMS convening notice.

If new items are added on the Agenda, after publishing the Convening Notice, the updated special power of attorney form and the Voting Ballot will be available at ROMGAZ Correspondence Entry and on the Company web page (www.romgaz.ro), as from May 31, 2017.

The Voting Ballots/ special or general powers of attorney which are not received at ROMGAZ Correspondence Entry or by e-mail until June 14, 2017, at 12:00 AM (Romania Time) shall not be counted towards the quorum and majority in the OGMS.

Ifthe agenda is supplemented/ updated and the shareholders do not submit their updated powers of attorney and updated Voting Ballots, the special powers of attorney and the Voting Ballots submitted prior to agenda supplementation/update shall not be taken into account, except for the items included in the supplemented/updated agenda.

Should the statutory quorum for convening the OGMS not be met on the first date, namely June 15, 2017, the OGMS shall be convened on June 16, 2017, at 2:00 PM (Romania Time), at the same venue and with the same agenda. In the event of a new convening, the Reference Date for identifying the shareholders entitled to attend and vote in the OGMS is the same, namely June 2, 2017.

Additional information may be obtained from the Secretary Department of the General Shareholders Meeting and the Board of Directors, phone number 0040 269 201643, and on the Company web page (www.romgaz.ro).

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•

ROMGAZ

Soctetatea Natfonala de Gaze Naturale Romgaz S.A. - Media • Romania

ROMGAZ

BOARD OF DIRECTORS

R E S OL U TI O N N0 10/ 2017

of the Board of Directors of Societatea Nationala de Gaze Naturale "ROMGAZ" - S.A. Medias,

taken at the meeting of May 10, 2017

The Board of Directors of Societatea Nationala de Gaze Naturale "ROMGAZ" - S.A., joined in the conference call on May 10, 2017 at 12:30 AM (Romania time) organized at the hedquarters of Societatea Nationala de Gaze Naturale "ROMGAZ" - S.A., adopts the following:

R E S O L U T I O N:

Article 1

In accordance with provisions of Article 117 (1) of Company Law NO 31/1990, republished, as subsequently amended and supplemented and of Article 13 (1) of Articles of Incorporation of Societatea Nationala de Gaze Naturale "ROMGAZ"-S.A., updated, the Board of Directors decides upon the following:

1. Approve the convening the Ordinary General Meeting of Shareholders of Societatea Nationala de Gaze Naturale "ROMGAZ" S.A. (OGMS).

2. Establish June 15, 2017, 2:00pm (Romania time) for the Ordinary General Meeting of Shareholders of Societatea Nationala de Gaze Naturale "ROMGAZ" S.A., and respectively the date of June 16, 2017, 2:00pm, if upon the date of the first convening of the OGMS the validity conditions for holding the OGMS are not met The location of the meeting is the headquarters of Societatea Nationala de Gaze Naturale "ROMGAZ" SA, Medias, 4 Constantin Motas Square, Sibiu County, Romania, the conference room.

3. Establish June 2, 2017 as the "Reference Date", namely the identification date of the shareholders entitled to participate in the OGMS of April 25, 2017 and to cast their votes during such meeting.

4. Establishing July 5, 2017 as ,,The Record Date", namely the identification date of shareholders who are affected by the Resolutions of the Ordinary General Meeting of Shareholders to be adopted during the meeting from April 25, 2017.

5. Approve the following OGMS Agenda of June 15, 2017:

Capital social: 385.422.400 RON

CIF: RO 14056826

Nr. Ord.reg.com/an :J32 / 392/2001

ROOB RNCB 0231 0195 2533 0001 • BCR Medi BJ R012 BROE 3305 V024 6190 3300 ·BRD Medi

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

551130, Plata Constantin MotaJ, nr.4, MedtaJ , Jud. Slblu • Romania

Telefon 004·0269-201020

Fax 004-0269·846901

E-mail secretariat@romgaz.ro www.romgaz.ro

Item 1. Approval of the Quarterly Report of Societatea Nationala de Gaze Natura le "ROMGAZ" -