Annual GSM dated 22.05.2024

To: All shareholders of Purcari Wineries Public Company Limited
Date: April 30, 2024
Subject: Notice of Annual General Meeting of the Shareholders

Dear Purcari Shareholders,

In a world that continues to be marked by ongoing macro challenges and volatility, we remain upbeat, executing on our vision to build the undisputed wine champion in CEE and consolidating a very fragmented market. We are proud of the results achieved by Purcari, again outperforming against the announced annual guidance, as we increased our revenues by 22% in 2023 and achieved EBITDA and Net Income margins of 27% and 16%, respectively. Even more importantly, we kept focusing on developing a robust foundation for scaling our business, taking a long-term perspective as we do so.

We will continue our tradition of including a plain English cover letter to accompany the Notice of Annual General Meeting, offering context and clarification on key proposals to compensate for the typically dry legal language found in AGM notices.

Annual GSM dated 26.05.2023

To: All shareholders of Purcari Wineries Public Company Limited
Date: April 27, 2023
Subject: Notice of Annual General Meeting of the Shareholders

Dear Purcari Shareholders,

We live in a challenging, volatile world, yet we maintain our upbeat outlook and continue focusing on things we can control For the past year, we have demostrated our resilience and adaptability to rapidly changing conditions.

Importantly, we continued doing all we can to help those who need it most, especially the hundreds of thousands of Ukrainian refugees fleeing to safety, of whom some thirteen thousand stopped at our Chateau, turned into a refugee camp overnight, and the help points we have set up on route from Odesa. We converted the rage stemming from this unjust aggression, but also the inspiration from the heroism we have witnessed, into extra energy in our markets and the numbers show it eloquently. We have grown our revenues by 22% in 2022 and achieved EBITDA and Net Income margins of 36.6% and 22.9%, respectively, significantly beating the start of year guidance.

Each AGM is an opportunity to continue building a strong foundation and corporate governance framework for future growth. This year is no exception. We will continue our tradition to accompany the Notice of Annual general Meeting of the Shareholders with a cover letter in plain English, to provide additional context and explanation to some of the key proposals we put for the vote to our shareholders, compensating for the dry legalese in which AGM notices are typically written in.

Annual GSM dated 28.04.2022

To: All shareholders of Purcari Wineries Public Company Limited
Date: April 5, 2022
Subject: Notice of Annual General Meeting of the Shareholders

Dear Purcari Shareholders,

As I am writing this, the world is yet again dominated by uncertainty. Two years ago, it was the unknown inflicted by a novel virus. This time round, the source is the centuries old virus of imperialism, resurfacing as Russia’s brutal invasion of Ukraine. While we remain upbeat about Purcari’s prospects, we are also aiming to act prudently, and first and foremost, preserve the capital you entrusted us with by buying our shares. We believe that in times of uncertainty, it is important to closely guarding one’s capital and resources, while staying nimble to take advantage of market opportunities. Some of the proposals we will make subject to your attention at this AGM, have exactly that balance in mind.

We will continue our tradition to accompany the Notice of Annual general Meeting of the Shareholders with a cover letter in plain English, to provide additional context and explanation to some of the key proposals we put for the vote to our shareholders, compensating for the dry legalese in which AGM notices are typically written in.

As a general approach, what we seek to achieve with the items 5, 8 and 9 on the proposed agenda, is to maximize our optionality as a Company, as options are particularly valuable in times of uncertainty and to streamline decision making in such a way, as to empower the Board of the Company to act faster should we consider it beneficial for the Company and shareholders.

Annual GSM dated 28.04.2021

To: All shareholders of Purcari Wineries Public Company Limited
Data: 5 Aprilie 2021
Subject: Notice of Annual General Meeting of the Shareholders

Dear Purcari Shareholders,

It has been more than a year since we first faced unprecedent uncertainty. Now we feel more optimistic but continue to act prudently to deliver on our promise to the shareholders, who believed in our story. We will continue our tradition to accompany the Notice of Annual General meeting of the Shareholders with a cover letter in plain English, to provide additional context and explanation to some of the key proposals we put for the vote to our shareholders, compensating for the dry legalese in which AGM notices are typically written in.

Extraordinary GSM dated 29.03.2021

To: All shareholders of Purcari Wineries Public Company Limited
Date: March 4, 2021
Subject: Notice of Extraordinary Annual General Meeting of the Shareholders

Notice is hereby given that the extraordinary general meeting of the shareholders of the Company will be held at the registered office of the Company at 1 Lampousas Street, 1095, Nicosia, Cyprus on 29th March 2021 at 10:00 (UTC +02:00) Bucharest time.

The announcement is published in the Romanian newspaper Bursa and in the Cypriot daily newspaper Alithia.

Annual GSM dated 29.04.2020

To: All shareholders of Purcari Wineries Public Company Limited
Date: April 6, 2020
Subject: Notice of Annual General Meeting of the Shareholders

Dear Purcari Shareholders,

First of all, we hope you and your dear ones are well, as much as it can be the case in this period of hardship, anxiety and unprecedented uncertainty. As we prepare for Purcari’s AGM on April 29th, we thought this accompanying letter, written in plain English, will provide additional context and explanation to some of the key proposals we put for the vote to our shareholders, compensating for the dry legalese in which AGM notices are typically written in.

Annual GSM dated 25.04.2019

To: All shareholders of Purcari Wineries Public Company Limited
Date: March 4, 2019
Subject: Notice of Annual General Meeting of the Shareholders

Notice is hereby given that the annual general meeting of the shareholders of the Company will be held at Athenee Palace Hilton Bucharest, 1-3 Episcopiei street, District 1, Bucharest 010292, Romania, Meeting Room Enescu, on 25th of April, 2019 at 10:00 local time.

The announcement is published in the Romanian newspaper Bursa and in the Cypriot daily newspaper Alithia.

Annual GSM dated 14.06.2018

To: All shareholders of Purcari Wineries Public Company Limited
Date: May 22, 2018
Subject: Notice of Annual General Meeting of the Shareholders

Notice is hereby given that the annual general meeting of the shareholders of the Company will be held at the Athenee Palace Hilton Bucharest, Str. Episcopiei 1-3 | District 1, Bucharest 010292, Romania, Meeting Room Enescu II, on 14th June, 2018 at 10:00 a.m. local time.