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Initial Public Offering ABN Systems International S.A. Bucharest

Dear client,

It is good to know that through BT Capital Partners you can participate in the Initial Primary Public Offering for Sale ABN Systems International S.A. Bucharest (ABN), which will take place between December 15 and December 29, with the following characteristics:

Object of the offer: maximum 7,734,000 shares;

Subscription: minimum 200 shares

Offer Price Range: is between 5.18 and 5.69 RON / Offered Share

Subscription Price: in the Offer Price Range, including the ends of the Offer Price Range. The price step for subscribing the Offered shares is RON 0.17, and can be subscribed to the following price levels: 5.18; 5.35; 5.52; 5.69 RON / Offered Share

The Offer Price will be established within the Offer Price range as follows:

(a) is the highest price level at which the number of validly subscribed shares summed up with the number of shares validly subscribed at higher price levels exceeds or is equal to the Number of Shares Offered (7,734,000 shares); and

(b) The Offer Price multiplied by the number of validly subscribed shares meets the Success Condition (RON 30 million).

If the total number of validly subscribed shares in the Offer is less than the Number of Offered Shares (7,734,000 shares) and the minimum price at which at least one valid subscription was made multiplied by the total number of validly subscribed shares meets the Success Condition (RON 30 million), then the Offer Price will be the minimum price at which at least one valid subscription has been made.

If the minimum price at which at least one valid subscription has been made multiplied by the total number of valid subscribed shares does not meet the Success Condition (30 million RON), then the Offer is not successfully concluded, and the price paid by Investors will be returned to the Investors who subscribed to the Offer under the conditions described in point 5.1.5. A description of the possibilities for reducing the subscription and how to reimburse the excess amounts paid by the subscribers.

The offer can be closed in advance, starting with the 2nd (second) Business Day of the Offer Period, if at the end of a subscription day the subscription threshold of 75% is reached, respectively if at that time they have been subscribed valid at least 5,800,500 of the Shares Offered.

The method of allocating the shares subscribed within the Offer, in case of fulfillment of the Successful Condition of the Offer:

(i) Offer Price <RON 5.69 / share (maximum threshold level of the Offer Price range)

If the total number of subscribed shares valid at the level of the maximum threshold of the Offer Price range (5.69 RON / share) is lower than the Number of Offered Shares (7,734,000 shares), the first allocation criterion is the one price. Thus, all valid subscriptions made at a price higher than the Offer Price will receive full allocation.

For subscriptions made at the Offer Price level, the allocation will be according to the principle “First Income – First Served”.

For subscriptions made at a price below the Offer Price, no allocation will be received.

(ii) Offer Price = 5.69 RON / share (maximum threshold level of the Offer Price range)

If the total number of shares subscribed valid at the level of the maximum threshold of the Offer Price range (5.69 RON / share) exceeds or reaches the Number of Offered Shares (7,734,000 shares), the allocation will be “pro-rata” for subscriptions made valid at the maximum price of the Offer Price Range.

For subscriptions made at a price below the Offer Price (below the maximum threshold in this case) no allocation will be received.

Here you can find the ASF decision regarding the approval of the prospectus, and you have complete details in the prospectus on the BVB website (https://bvb.ro/info/Raportari/ABN/ABN-Prospect%20oferta.pdf).

 

You can subscribe through any channel, including online in the BT Trade application, during the Offer Period, from December 15, 2021 to December 29, 2021, every working day in the work schedule of the Intermediary or Eligible Participants, after case, and between 10:00 AM and 12:00 PM (EET) on the last day of the Offer Period.

 

You can make multiple subscriptions at the same or different price levels, but each subscription taken separately must exceed the minimum subscription.

Subscriptions are irrevocable.

Increase in profitable transactions,