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BRD GROUP RESULTS FOR Q1 2020: BRD solid business performance allows full support of the Romanian economy

The main commercial trends and financial indicators of BRD Groupe Société Générale at March 31, 2020 at consolidated level, according to the International Financial Reporting Standards (IFRS):

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BRD GRANTS A RON 24 M LOAN TO FINANCE SAVINI DUE INVESTMENTS

BRD Groupe Societe Generale and the Sebeș based Savini Due signed a credit agreement worth RON 24 million. The sum will finance the implementation of the company’s project aimed at growing production capacities, in order to boost both exports and internal sales, and at completely automating the preparatory and final phases of production activities. The main objective of the project is to build and equip two new and modern production halls.

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Modification of nomenclature in account statements

In attention of companies (“clients”) with current accounts at BRD.

We hereby inform you that, as of November 12, 2019, BRD has integrated into the bank's systems the standardized terminology at European Union level (Directive 92/2014 as transposed in Romania by Law 258/2017).

The process of implementing these regulatory requirements has led to the modification of the nomenclature that the Bank uses in the statements of account (which reflects the operations performed through a payment account).

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