BITTNET SYSTEMS SA (hereinafter referred to as “the Company”) informs the shareholders about receiving a proposal to complete the Agenda of the Extraordinary General Meeting of Shareholders from 29.01.2020 by including a new item on the agenda regarding the takeover by The Board of Directors of all ongoing mandates, granted by the General Meeting of Shareholders, Ordinary or Extraordinary, to the sole administrator of the Company in the period 2015 – 2019, in order to ensure the continuity of the Company’s functioning and relations with partners (investors, creditors, authorities, vendors, customers) in the same parameters with which they have become accustomed. The request was made by Mr. Cristian Logofatu, shareholder of the Company with 14.0190% in the share capital and voting rights acording to art. 117^1 paragraph (1) of the Companies Law no. 31/1990, art. 92 paragraph (3) and (5) and art. 106 of Law no. 24/2017 and art. 189 and art. 225 paragraph (1) of the FSA Regulation no. 5/2018.