SIMTEL TEAM - SMTL

Contract for the development of a Battery Energy Storage System

Published: 9/11/2026 8:30:17 AM

IRIS Code: 4D9D6


Body

To:

Bursa de Valori Bucuresti S.A.

 

Autoritatea de Supraveghere Financiara

 

CURRENT REPORT 41/2026

Pursuant to Law no. 24/2017 on issuers of financial instruments and market operations and to the Romanian Financial Supervisory Authority Regulation no. 5/2018 on issuers and operations with securities, as subsequently amended and supplemented and the provisions of Article 99 of the Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments.

Date of report

11.09.2026

Name of the Company

Simtel Team S.A.

Registered Office

Splaiul Independentei No. 319H, London Office Building, 2nd Floor, Space 1, District 6, Bucharest, Romania

Email

investors@simtel.ro

Phone

+40 754 908 742

Website

www.simtel.ro/investitori

Registration nr. with Trade Registry

J2010000564406

Fiscal Code

RO 26414626

Subscribed and paid share capital

1,628,346.20 lei

Total number of shares

8,141,731

Symbol

SMTL

Market where securities are traded

Bucharest Stock Exchange, Main Segment, Standard Category

Important events to be reported: Signing of a contract for the development of a Battery Energy Storage System

The management of Simtel Team S.A. (hereinafter referred to as the “Company” or the “Group”) informs the market about the signing of an engineering, procurement and construction (“EPC”) contract on a turnkey basis, in line with the Group’s announced strategy, which focuses on implementing large-scale projects for relevant market clients.

Contractor: Simtel Team S.A.;

Beneficiary: OMV Petrom S.A.

Total value of the contract: EUR 6.6 million, excluding VAT;

Subject matter of the contract: Development of a Battery Energy Storage System (“BESS”) located on the Doljchim platform in Isalnita, Dolj County. The facility will have a nominal installed capacity of approximately 20 MW and a storage capacity of approximately 40 MWh.

Under the contract, the Company will perform activities specific to an EPC project, including the design, supply of equipment, construction, installation, commissioning and testing of the facility. The operation and maintenance services (“O&M”), to be provided over a period of two years, are not included in the above-mentioned value and will be covered by a separate purchase order.

Contract duration: Approximately seven months from the date of signing, in accordance with the execution schedule agreed by the parties.

 

Iulian NEDEA

Chairman of the Board of Directors