CURRENT REPORT 29/2026

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.

Important events to be reported: Information document regarding the free assignment of shares to employees

The management of Simtel Team S.A. (the "Company”) informs investors about the free assignment of 41,489 shares to employees within the Company and the publication of the Information Document drawn up in accordance with art. 1 paragraph (4) lit. i) from Regulation no. 1129/2017 regarding the prospectus that must be published in the case of a public offer of securities or the admission of securities to trading on a regulated market, and repealing Directive 2003/71/EC.

The information document is attached to this current report.

Iulian NEDEA

Chairman of the Board of Directors

INFORMATION DOCUMENT

regarding the free assignment of shares to Simtel Team S.A. employees.

I.  INFORMATION ON THE NUMBER AND NATURE OF SECURITIES

SIMTEL TEAM S.A., a company registered with the Trade Register attached to the Bucharest Tribunal under no. J2010000564406, unique registration code 26414626, with registered office in Splaiul Independentei no. 319L, Brussels Office Building (Building B), Entrance A, Ground Floor, Sector 6, Bucharest, Romania (the "Company"), assigns free of charge a number of 41,489 registered shares, ordinary, dematerialized and free of encumbrances issued by the Company, with a nominal value of RON 0.2 each, to the Company's employees who have exercised their options to actions in the implementation of the multi-annual plan to incentivize key employees within the Company.

II.  REASONS FOR AWARDING SHARES

On 29.02.2024, the Extraordinary General Meeting of Shareholders of the Company ("EGMS") approved a multi-year plan to incentivize key employees within the Company, for the period 2024-2025, by offering options to receive free of charge a number of shares issued by the Company, representing no more than 2% of the total number of shares of the Company applicable at the beginning of each year of the plan – the Stock Option Plan – the "Plan" or "SOP Program"), subject to the fulfillment of individual performance conditions and a general condition for the concrete increase of the annual turnover, in the form presented in the EGMS of 29.02.2024. The founding shareholders of the Company were not included in the SOP Program.

The decision to determine the eligible employees, the rules for determining the persons benefiting from this Plan, the term in which the option can be exercised, the procedure of the SOP Program, the eligibility conditions and the number of shares granted belonged to the Board of Directors of the Company, in compliance with the principles included in the SOP Program approved by the Company's shareholders.

Given the proven performance of the Company's team and the Company's acquisition of a leading position in solutions for photovoltaic power plants built especially for consumption, both retaining key employees and decreasing the Company's pressure on the salary cost necessary to boost their performance were considered important. Thus, the objective of retaining employees and rewarding performance was considered to be best achieved through a new stock option plan. In view of the successful implementation of a similar program to incentivize key employees for the period 2022-2023, as approved by the Extraordinary General Meeting of Shareholders of the Company on December 28, 2021 and completed by the Extraordinary General Meeting of Shareholders of the Company on 25.04.2023, the Company considered carrying out a similar program for the period 2024-2025. Last but not least, the Company decided to implement the SOP Program also due to the tax benefits that such a program presents.

Thus, through the SOP Program, the Company wanted to ensure the reward of the performance of key employees and their loyalty by capitalizing on the expertise developed within the Company and implicitly eliminating the possible cost of replacing these people.

III.  DESCRIPTION OF THE PROCEDURE FOR AWARDING SHARES

On 29.02.2024, the Extraordinary General Meeting of Shareholders of the Company approved the SOP Program by offering options to receive free of charge a number of shares issued by the Company, representing no more than 2% of the total number of shares of the Company applicable at the beginning of each year of the plan during the 2 years of the SOP Program,  2024-2025, which will be offered in order to remunerate and retain employees and members of the Company's management bodies. According to the SOP Program, "Persons who are considered to have a potentially significant impact on the Company's operating and financial results are eligible to benefit from the Plan, with the exception of significant individual shareholders of the Company on the Effective Date, namely Nedea Iulian, Bazarciuc Sergiu Eugen and Vilau Radu-Laurentiu, who will not benefit from Shares under the Plan."

The general condition for granting the Option Rights was that the Consolidated Annual Turnover should increase by at least 10% compared to the previous financial year. Specifically, for the assessment of the fulfillment of the condition for 2026, the consolidated annual turnover recorded in 2025 was used for reporting, registering an increase of at least 10% compared to the previous financial year and, thus, considering that the condition was met.

As individual conditions, the eligible persons have been established following a performance evaluation carried out by the General Manager of the Company, in order to determine the individual contribution to the increase in turnover, if they have fully fulfilled in the relevant fiscal year the role for which they were considered as eligible persons for the entire duration of the relevant Plan year.

By the Decision of the Board of Directors of the Company no. 11.9 dated 25.05.2026, the Eligible Persons were established and the values of the Share Option Rights for each Eligible Person were confirmed. All 34 Eligible Persons under the SOP Program have manifested their option to receive shares, by signing and sending to the Company's human resources department the Agreements for the exercise of option rights.

By the Decision of the Board of Directors of the Company no. 14.1 of 16.07.2026 were approved (i) the calculation mechanism for converting option rights into number of shares - The Company used the calculation mechanism for converting option rights into number of shares provided by the provisions of art. 174 of Regulation no. 5/2018 on issuers of financial instruments and market operations, a mechanism confirmed by the Financial Supervisory Authority as a fair, transparent one, which was also used in the implementation of the SOP program for 2025, and (ii) the number of shares due to each employee of the Company, eligible person and beneficiary of the SOP Program.

The transfer of ownership of the shares from the Company to the eligible persons will be made after all the necessary conditions for the transfer have been met, after the transmission of this document and the documents related to the transfer to the Central Depository, according to the legislation in force.

This document has been drafted in accordance with art. 1 para. (4) letter i) of Regulation no. 1129/2017 on the prospectus to be published in the event of a public offering of securities or the admission of securities to trading on a regulated market, and repealing Directive 2003/71/EC and is to be submitted to the Financial Supervisory Authority, the Bucharest Stock Exchange and the Central Depository.