Company leadership

The members of the Board of Directors submitted self-declared statements of independence, in accordance with the provisions of the Company’s Corporate Governance Code.

• • By General Meeting of Shareholders (GMS) Resolution No. 10 of 27.08.2020, Mrs. Ioana Timofte was appointed as a member of the Board of Directors of CNCIR SA for a 4-year term, starting from 28.08.2020. Due to the inability to perform her duties, responsibilities, and powers in accordance with the applicable legal framework, she was revoked from her position as a Board member by GMS Resolution No. 3 of 22.06.2023.

  • By GMS Resolution No. 6 of 14.07.2023, Mr. Nicolae Niculăiță was appointed as interim administrator of CNCIR SA. He was subsequently revoked from this position by GMS Resolution No. 7 of 31.07.2023.

  • By the Ordinary General Meeting of Shareholders (OGMS) Resolution No. 9 of 27.08.2024, the mandates of the following Board members were acknowledged as expired due to the end of their terms, and they were revoked as of 28.08.2024: Mr. Cristinel Sorin EFTA, Mr. Ionel Georgescu, and Mr. Iulian Gropoșilă.

  • By OGMS Resolution No. 12 of 28.08.2024, five interim members of the Board of Directors of CNCIR S.A. were appointed for a five-month term, starting on 29.08.2024.

  • By OGMS Resolution No. 14 of 10.12.2024, Mrs. Ioana Bădescu was revoked from her position as a Board member of CNCIR SA effective from 11.12.2024, following her resignation. Starting from 12.12.2024, Mr. Anton Cristian Ioan was appointed as interim Board member of CNCIR SA until 29.01.2025.

  • By OGMS Resolution No. 1 of 28.01.2025, Mr. Cristian PARASCHIV was revoked from his position as interim Board member of CNCIR S.A., due to the expiry of his mandate on 29.01.2025. The same resolution approved the extension of the mandates of the interim members of the Board of Directors of CNCIR SA, whose terms were due to expire on 29.01.2025 — namely, Mrs. Petronela Manuela STAN-OLTEANU, Mrs. Maria Roberta DOLOIU, Mrs. Angelica PAGU, and Mr. Anton Cristian Ioan — for a period of two (2) months.

  • By OGMS Resolution No. 3 of 28.03.2025, the mandates of the interim members of the Board of Directors of CNCIR S.A., due to expire on 30.03.2025, were extended for a period of five (5) months, or until the completion of the selection procedure, whichever occurs earlier. The members were: Mrs. Petronela Manuela STAN-OLTEANU, Mrs. Maria Roberta DOLOIU, Mrs. Angelica PAGU, and Mr. Anton Cristian Ioan.

  • By OGMS Resolution No. 9 of 15.10.2025, the mandates of the Board of Directors members were acknowledged as terminated on 30.08.2025, and they were revoked accordingly: Mrs. Petronela Manuela Stan-Olteanu, Mrs. Maria Roberta Doloiu, Mrs. Angelica Pagu, and Mr. Anton Cristian Ioan.

  • Under the same OGMS Resolution No. 9 of 15.10.2025, five new members of the Board of Directors of CNCIR SA were appointed, in accordance with the provisions of Government Emergency Ordinance (GEO) No. 109/2011 on corporate governance of public enterprises, as subsequently amended and supplemented, following the completion of the selection procedure, starting with 15.10.2025. The new members are: Mrs. Petronela Manuela Stan Olteanu, Mr. Bogdan Constantin Andronic, Mr. Mircea Titus Dobre, Mr. Cristian Ioan Anton, and Mrs. Cornelia Năstase.

Mandate Contract – Administrator

Remuneration of Board Members:

• 2023
• 2024