Zentiva S A : Memo OGMS 01.11.2021

MEMO

Concerning the items on the agenda of the Ordinary General Meeting of Zentiva S.A. (the "Company")

which will take place on 1 November (2 November) 2021, at 09:00 AM

ZENTIVA S.A. is a joint stock company registered with the Bucharest Trade Registry under no. J40/363/1991, sole registration code 336206, having its headquarters located at 50 Theodor Pallady Blvd., district 3, Bucharest (hereinafter referred to as the "Company").

The Board of Directors of the Company has put forward for the shareholders' approval in the Ordinary General Meeting of Shareholders (the "OGMS"), inter alia, the following items:

Item 1:Approval of the establishment of a working unit of the Company at the following address: Bucharest, 3rd District, 44B Theodor Pallady Blvd., 1st floor, room E1.02A, in accordance with art. 11.3. letter g) of the Articles of Association.

It is proposed for the shareholders' approval the establishment of a working unit of the Company at the indicated address, taking into account the following aspects:

1. following the acquisition by Zentiva group of the Central and Eastern European operations of the company Alvogen, the company Labormed-Pharma S.A., which has its registered office in Bucharest, 3rd District, 44B Theodor Pallady Blvd., became an affiliate of the Company;
2. the Company intends to make the employees' work space more efficient by establishing a secondary office at the address mentioned above, where one or more departments of the Company will operate;
3. pursuant to the applicable statutory provisions, for the establishment of a working unit of the Company the prior approval of the Ordinary General Meeting of Shareholders is required.

Zentiva SA - Bdul Theodor Pallady nr. 50 - 032266, sector 3 , Bucuresti - Romania tel. [phone] - fax [phone],

Registrul Comertului : J40/363/1991 - Cod Unic : RO 336206 - IBAN RO65FTSB6448700041001RON in RON, BNP Paribas - sucursala Bucuresti