agreed-upon procedures engagement
TRANSCRIPT
KPMG KPMG Audit SRLVictoria Business ParkDN1, Soseaua Bucuresti-Ploiesti, nr.69-71Sector 1
Tel: + 40(21)201 22 22+ 409372)377 800
Facsimile: +40(21) 201 22 11+40 (372)377 700
www.kpmg.ro
Agreed-upon Procedures Engagement
To,CONPET S.A. shareholders
Pursuant to out letter of engagement, we were instructed and we performed the proceduresdescribed below regarding the transactions concluded and reported to CNVM by CONPET S.A.("the Company") with the trade companies to which it holds shares in the share capital or they arepersons involved under Law 297/2004. The agreed procedures have been performed in compliancewith the International Standard on Related Services (ISRS) 4400, "Missions on agreed - uponprocedures regarding financial information". These procedures were performed in orderto analyzethe transactions reported by the Company in the current report nO.14/2015 dated 06.08.2015("Annex 1"), prepared as per CNVM Regulation number 112006 and Article 225 of Law 297/2004,and in order to check whether the price, corroborated with the rights and obligations undertakenby the parties is correct, by reference to the other offers existing on the market, and they arepresented below:
1. Obtaining information on the identification of the trade companies to which the Companyholds shares in the share capital or they are involved persons, by means of discussions withthe representatives of the Company's management and by reading the above - mentionedreport.
2. Discussions with the representatives of the Company's management regarding the natureof services and products traded during January 1, 2015 - June 30, 2015 with the NationalRail Freight Company "CFR MARFA" S.A. BUCURESTI.
3. Obtaining information and the corresponding support documents based on which the tradesmentioned at Annex 1 were performed (i.e. contracts, invoices).
4. For each domain of activity covered by the National Rail Freight Company "CFRMARFA" S.A. BUCURESTI we analyzed the partner selection decision and checkedwhether the transactions performed are in accordance with the threshold documents.
5. For the transactions performed during January 1,2015 - June 30, 2015 performed basedon a framework contract concluded in the previous period, we have analyzed whether thesetransactions observed the terms and conditions stipulated in the framework contract.
Following the performance of the procedures described hereabove we have not identifiedmaterial aspects that required their separate reporting.
The performed procedures do not represent an audit, as per the International Standards onAuditing or a review, as per the International Standards on Review Engagements 2410, and,consequently we don't provide for any certainty related to the specified elements.
In case we had performed other additional procedures, an audit, pursuant to the InternationalStandards on Auditing or a review, as per the International Standards on Review Engagements2410, we could have identified other aspects that we would have reported to you.
This report is exclusively destined to the scope described in the first paragraph and to theCompany's shareholders as a whole. This engagement has been prepared in order to be able toreport to the Company's shareholders those aspects that we must report in an agreed-uponprocedures engagement, and not to other scopes. Under the law, we do not accept and do notundertake the responsibility for this engagement unless in relation to the Company and itsshareholders in general. Moreover, this report refers exclusively to the accounts and elementsspecified hereabove and does not extend over any of the financial statements of CON PET S.A.taken as a whole.
S.s. Illegible
KPMG Audit SRL
August 10,2015
Bucuresti
CON PET S.A.Str. Anul 1848 nr. 1-3. Ploie~ti. 100559. Prahova. RomaniaTel: +40 - 244 - 401360; fax: + 40 - 244 - 516451e-mail: conoeteeconoet.ro: web: www.conpet.roCIF: R01350020 ; Cod CAEN 4950; lnreqlstrata laRegistrul Comertului Prahova sub nr. J29/6/22.01.1991Capital social subscrls ~i varsat 28 569 842.40 lei
CONPET
No. 28470/06.08.2015
To: BUCHAREST STOCK ECHANGE
Phone No. 0211307.95.00; Facsimile 0211307.95.19
THE FINANCIAL SUPERVISORY AUTHORITY
Phone No. 0211659.60.57; Facsimile:0211659.64.36
We hereby submit the Current Report no.14/2015, comprising important events tobe reported, prepared pursuant to Art.225 of Law nO.297/2004 on the capitalmarket.
Total: 1= 1 pages
Yours faithfully,
Director of the Economic DirectionEcon. Sanda Toader
S.s Illegible
Stamp
Head of the Investor Relations and Capital Market
Econ. Bogdan Pinzariu
S.s. Illegible
CON PET S.A.Str. Anul 1848 nr. 1-3, Ploie~ti, 100559, Prahova, RomaniaTel: +40 - 244 - 401360; fax: + 40 - 244 - 516451e-mail: [email protected]; web: www.conpet.roCIF: R01350020 ; Cod CAEN4950; Inrectstrata iaRegistrul Comertului Prahova sub nr. J29/6/22.01.1991Capital social subscrls ~ivarsat 28 569 842.40 lei
CONPET
Reg. No. 28470106.08.2015
Current Report no. 14/2015as per Law no. 297/2004 and CNVM Regulation no. 112006
06.08.2015CONPET S.A. PloiestiNo. 1-3, Anul1848 Street, Ploiesti0244/401360/5164511 [email protected]
Sole Registration Number 1350020No. at the Trade Registry J29/6/22.01.1991Subscribed and paid-up share capital 28,569,842.40 LeiTotal No. of Shares 8,657,528 nominative sharesThe regulated market where the issued securities are being traded: B.V.B., Premium Category
Date of the reportName of the Issuing EntityRegistered OfficePhone/Facsimile/E-mail
Significant events to be reported as per Art.225 of Law no,297/2004 regarding the capital market:
CONPET SA Ploiesti and the National RailContracting Parties/Scope Freight Company "CFR MARFA" S,A.
BucurestiServices related to the crude oil and rich gas rail
transport, from the loading sites to thedestinations set out by CONPET
The value of transactions (buy transactions) 40,506,551.81 Leiduring 0l.01 - 30,06,2015Non-settled amounts at 30,06.2015 7,589,528,24 Lei
Director of the Economic DirectionEcon. Sanda Toader
s.s. Illegible
Stamp