Franklin Templeton International Services S.À R.L., in its capacity as alternative investment fund manager and sole director of Fondul Proprietatea S.A. informed investors that, on 12 April 2024, Mr. Martin Bernstein has notified Fondul Proprietatea of his resignation from his positions held within the Fund's Board of Nominees and the Consultative Committees. The termination of the mandate agreement will become effective no later than 12 July 2024. The appointment of a new member of the Board will be on the agenda of the next ordinary general shareholders' meeting of the Fund to be summoned by the Fund Manager.