Decisions adopted by the Board of the Financial Supervisory Authority

Bucharest, 9 November 2022 – During today's meeting, the Council of the Financial Supervisory Authority (ASF) adopted measures on the functioning of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:

A)  Regulation

Draft Rule for the application of the provisions of the EBA Guidelines on remuneration policies under Directive (EU) 2019/2034 (the draft will be published on www.asfromania.ro for public consultation for 10 days);

Draft Rule for the application of the provisions of the EBA Guidelines on the framework for business governance under Directive (EU) 2019/2034 (the draft will be published on www.asfromania.ro for public consultation for 10 days).

B) Authorisation

Authorisation of Mr. Grigore-Valentin Vancea as member of the Board of Directors of the Investment Management Company Patria Asset Management S.A.;

Approval of the EU prospectus for the increase of the share capital of Sinterom S.A. Cluj Napoca;

Approval of the amendment to the Articles of Incorporation of Garanta Asigurări S.A. following the share capital increase.

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