Current Report

UZTEL S.A.

OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS

243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; Fax: [phone]; E-mail:[e-mail]

FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

C U R R E N T R E P O R T

according to Law no. 24/2017 on issuers of financial instruments and market operations and the FSA Regulation no. 5/2018 regarding the issuers of financial instruments and market operations

R e p o r t d a t e : 2 9 . 1 0 . 2 0 2 1

I s s u e r ' s n a m e: U Z T E L S . A .

Headquarters: P l o i e s t i , M i h a i B r a v u n r . 2 4 3 , P r a h o v a C o u n t y

Phone/fax number : 0 3 7 2 - 4 4 1 . 1 1 1 / 0 2 4 4 - 5 2 1 . 1 8 1

Unique registration code: 1352846

T r a d e r e g i s t r a t i o n N u m b e r : J 2 9 / 4 8 / 1 9 9 1

Subscribed and paid-up share capital: 13.413.647,50 l e i

Regulated market on which the issued securities are traded: BVB - Standard category

Important event to report:

CONVENER Of Ordinary General Meeting and Extraordinary Meeting of Shareholders of UZTEL S.A. Ploiesti for the date of 06/07.12.2021

The Board of Directors of S.C. UZTEL S.A., located in Ploiesti, 243, Mihai Bravu Street, Prahova County, fiscal code RO 1352846, number in the Trade Register J29 / 48/1991 (hereinafter "Company"), "), convened in the meeting of 29.10.2021, in accordance with the provisions of Law no. 31/1990 regarding the companies, republished, with the subsequent modifications and completions, of Law no. 24/2017 regarding the issuers of financial instruments and market operations, of the FSA Regulation no. 5/2018 regarding the issuers of financial instruments and market operations, as well as in accordance with the Articles of Association of the Company,

CALLS:

Ordinary General Meeting of Shareholders (hereinafter called "OGMS") and the Extraordinary General Meeting of Shareholders (hereinafter called " EGMS") to the date of 06.12.2021, at 10.00 a.m., and respectively 11.00 a.m. at the Company's premises in Ploiesti, str. Mihai Bravu, no. 243, Prahova County, for all shareholders registered in the Register of Shareholders, held by Central Depository Bucharest at the end of 25.11.2021, established as the Reference Date for both meetings, with the mention that only the persons who are shareholders on this date have the right to participate and vote in the OGMS and EGMS.

If on the date mentioned above the necessary quorum provided by Law no. 31/1990 regarding the companies and the Articles of Association of the Company, the second Ordinary General Meeting of Shareholders ("OGMS") and the Extraordinary Gene ral Meeting of Shareholders ("EGMS") are convened and fixed on 07.12.2021, at 10.00 a.m., respectively 11.00 a.m., at the same address, with the same agenda and reference date.

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UZTEL S.A.

OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS

243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; Fax: [phone]; E-mail:[e-mail]

FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

Agenda of the Ordinary General Meeting of Shareholders is as follows:

1. Revocation of the mandate of financial auditor ECOTEH EXPERT SRL Bucharest beginning with 06.12.2021.
2. Appointment as financial auditor of UZTEL S.A. of LEXEXPERT AUDIT S.R.L. , having the registered office at Galati, street Arcasilor, number 13, registered with the Trade Register at number J17/11/2011, unique number of registration RO 27883213, having the authorization no. 1047/2011 issued by the Body of Financial Auditors of Romania , as well setting the duration of the financial contract to 3 years, namely for the year statement of 2021, 2022 and 2023.
3. Approval of the date of: (i) 23.12.2021 as the Registration Date, according to art. 86 par. (1) of the Law no. 24/2017; (ii) 22.12.2021 as Data, "ex date", according to art.2 para. (2) (l) of Regulation no. 5/2018.
4. Mandate of the Chairman of the Board of Directors, Hagiu Neculai to sign the resolutions of this OGMS and to carry out all the legal formalities necessary for the registration and enforcement of the adopted decisions, as well as to grant Mr. Hagiu Neculai the right to delegate another person to perform the aforementioned formalities.

Agenda of EGMS will be as follows:

1. Approval for the completion of the object of activity of the Company, with the following activity corresponding to the NACE code Rev.2: 3511 Electricity production, and consequently the modification of chapter II, art. 5 of the Articles of Association of the Company.

Pursuant to art. 117, para. (7) of the Companies Law no. 31/1990 we present the full text of the proposed amendment:

CHAPTER II

Art. 5 - The object of activity of the company..

1039 Processing and preserving of fruits and vegetables n.c.a.

1085 Manufacture of prepared meals

1089 Manufacture of other food products nec

1610 Cutting and planning wood

1622 Manufacture of parquet assembled in panels

1623 Manufacture of other builders' carpentry and joinery

1624 Manufacture of wooden containers

1629 Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

2223 Manufacture of builders' ware of plastic

2229 Manufacture of other plastic products

2433 Production of cold-formed profiles

2451 Casting

2452 Casting steel

2453 Casting of light non-ferrous metals

2454 Casting of other non-ferrous metals

2511 Manufacture of metal structures and parts of structures

2550 Manufacture of metal products obtained by plastic deformation; powder metallurgy

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UZTEL S.A.

OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS

243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; Fax: [phone]; E-mail:[e-mail]

FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

2561 Treatment and coating of metals

2562 General mechanical operations

2571 Manufacture of cutting products

2573 Manufacture of tools

2593 Manufacture of articles of metal wire; manufacture of chains and springs

2594 Manufacture of screws, drums and other threaded articles; manufacture of rivets and washers 2599 Manufacture of other fabricated metal products nec

2630 Manufacture of communications equipment

2651 Manufacture of instruments and appliances for measuring, verification, checking, navigating 2660 Manufacture of equipment for radiology, electrodiagnosis and electrotherapy

2670 Manufacture of optical instruments and photographic equipment 2732 Manufacture of other electric and electronic wires and cables 2733 Manufacture of electrical and electronic wires and cables 2751 Manufacture of household appliances

2790 Manufacture of other electrical equipment

2811 Manufacture of engines and turbines (except for aircraft, motor vehicles and motorcycles) 2812 Manufacture of hydraulic motors

2813 Manufacture of pumps and compressors

2814 Manufacture of taps and fittings

2815 Manufacture of bearings, gears, gearboxes and mechanical transmission elements 2822 Manufacture of lifting and handling equipment

2829 Manufacture of other general purpose machinery nec

2841 Manufacture of metalworking machinery and machine tools

2849 Manufacture of other machine tools n.c.a.

2891 Manufacture of equipment for metallurgy

2892 Manufacture of mining and quarrying machinery

2894 Manufacture of machinery for textiles, clothing and leather

2896 Manufacture of plastics and rubber processing machinery

2899 Manufacture of other specific machinery and equipment n.c.a.

2932 Manufacture of other parts and accessories for motor vehicles and their engines 3101 Manufacture of office and shop furniture

3250 Manufacture of medical and dental appliances, apparatus and instruments 3299 Manufacture of other manufacturing products nec

3311 Repair of articles of metal

3312 Repair of machines

3313 Repair of electronic and optical equipment

3314 Repair of electrical equipment

3319 Repair of other equipment

3320 Installation of industrial machinery and equipment

3511 Production of electricity

3600 Water capture, treatment and distribution

3700 Wastewater collection and treatment

3811 Collection of non-hazardous waste

3812 Hazardous waste collection

3821 Treatment and reduction of non - hazardous waste

3822 Treatment and disposal of hazardous waste

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UZTEL S.A.

OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS

243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; Fax: [phone]; E-mail:[e-mail]

FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

3831 Disassembly (disassembly) of end-of-life machinery and equipment for material recovery 3832 Recovery of sorted recyclable materials

4321 Electrical installation work

4322 Plumbing, heating and air - conditioning installation work

4329 Other construction installation work

4332 Joinery and carpentry

4391 Roofing, framing and terrace construction work

4511 Sale of cars and light motor vehicles (less than 3.5 tones)

4519 Sale of other motor vehicles

4520 Maintenance and repair of motor vehicles Wholesale of motor vehicle parts and accessories 4531 Wholesale of motor vehicle parts and accessories

4532 Retail sale of parts and accessories for motor vehicles

4612 Intermediation in trade in fuels, ores, metals and chemicals for industry 4613 Agents involved in the sale of timber and building materials

4615 Agents involved in the sale of furniture, household goods and hardware

4616 Agents involved in the sale of textiles, fur clothing, footwear and leather goods 4617 Agents involved in the sale of food, beverages and tobacco

4619 Agents involved in the sale of a variety of goods 4637 Wholesale of coffee, tea, cocoa and spices

4671 Wholesale of solid, liquid and gaseous fuels and related products 4677 Wholesale of waste and scrap

4719 Retail sale in non-specialized stores with food, beverages or tobacco predominating 4721 Retail sale of fresh vegetables and fruit in specialized stores

4724 Retail sale of bread, pastry, cakes and sugar confectionery in specialized stores 4726 Retail sale of tobacco products in specialized stores

4729 Retail sale of other food in specialized stores

4730 Retail sale of automotive fuel in specialized stores

4743 Retail sale of audio and video equipment in specialized stores 4751 Retail sale of textiles in specialized stores

4753 Retail sale of carpets, rugs, wall and floor coverings in specialized stores

4754 Retail sale of electrical household appliances and goods in specialized stores

4759 Retail sale of furniture, lighting equipment and other household articles in specialized stores 4761 Retail sale of books in specialized stores

4762 Retail sale of newspapers and stationery in specialized stores

4763 Retail sale of magnetic disks and tapes with or without audio / video recording in specialized stores

4771 Retail sale of clothing in specialized stores

4772 Retail sale of footwear and leather goods in specialized stores 4775 Retail sale of cosmetics and perfumery in specialized stores 4779 Retail sale of second-hand goods in stores

4781 Retail sale of food, beverages and tobacco in booths, kiosks and markets

4782 Retail sale of textiles, clothing and footwear in stalls, kiosks and markets 4789 Retail sale via stalls and markets of other products

4791 Retail sale via mail order houses or via the Internet

4799 Retail sale outside of shops, stands, kiosks and markets 4939 Other land passenger transport n.c.a.

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UZTEL S.A.

OILFIELD EQUIPMENT MANUFACTURING AND REPAIRS

243 MIHAI BRAVU St., code 100410, PLOIESTI , PRAHOVA-ROMANIA Phone: + 40(0)372/441111; Fax: [phone]; E-mail:[e-mail]

FISCAL CODE RO1352846 , R.C. PLOIESTI NO. J29/48/1991; web site: www.uztel.ro

4941 Road transport of goods 4942 Moving services

4942 Moving services

5210 Storage

5221 Ancillary services for land transport

5629 Other food services n.c.a.

5821 Computer game editing activities

5829 Publishing of other software

5920 Audio recording activities and music editing activities

6201 Custom software development activities (customer-oriented software)

6202 Information technology consultancy activities

6203 Management activities (management and operation) of computer aids

6209 Other information technology service activities

6311 Data processing, web page administration and related activities

6399 Other information service activities n.c.a.

6820 Renting and subletting of own or leased real estate

6832 Real estate administration on a commission or contract basis 7112 Engineering activities and related technical consultancy 7120 Technical testing and analysis activities

7220 Research - development in natural sciences and engineering

7410 Specialized design activities

7430 Written and oral translation activities (interpreters)

7490 Other professional, scientific and technical activities n.c.a.

7739 Renting and leasing of other machinery, equipment and tangible goods n.c.a. 7740 Leasing of intangible assets (exclusively financial)

8020 Security systems service activities

8110 Other combined support services

8211 Combined secretarial activities

8219 Photocopying, document preparation and other specialized secretarial activities

8220 Call center activities

8230 Organization of exhibitions, fairs and congresses

8291 Activities of collection agencies and credit reporting bureaus

8299 Other business support service activities n.c.a.

8425 Firefighting and prevention activities

8430 Compulsory social protection activities The main object of activity of the company is:

2892 Manufacture of mining and quarrying machinery

1. Approval of the Articles of Association of the Company, in updated form, taking into account the completion of the object of activity of the Company with the NACE code Rev.2: 3511 Electricity production
2. Authorization of Mr. Anghel George Marinelo, as General Manager of the Company, to sign the Articles of Association of UZTEL S.A. Ploieşti, in updated form.
3. Approval of the principle sale of the land building with an area of 4.687 sqm consisting of 3 (three) Lots with cadastral numbers 125567, 125566 and 125565 and the constructions related to the land, respectively Post Trafo - 125567 C1, School Workshop - 125567 C2, Metal Warehouse - 125567 C3 (advanced degree of physical and moral degradation), Pig Warehouse - 125566 C1 (advanced degree of physical and moral degradation) and Pig Speakers - 125566 C2 (advanced

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