REPUBLIC OF MOLDOVA

NATIONAL FINANCIAL MARKET COMMISSION

DECISION

25 February 2025 No. 10/5

On the approval of the prospectus for the primary public offer of bonds issued by the Commercial Bank "MOLDOVA-AGROINDBANK" S.A.

Following the examination of the application of the Commercial Bank "MOLDOVA-AGROINDBANK" S.A. (dated 31.01.2025 and dated 18.02.2025), as well as the documents presented in full volume on 25.02.2025, on the basis of Art. 14 and Art. 15 of Law No. 171/2012 on the capital market, Art. 8 lit. k), Art. 20 para. (1) and Art. 22 para. (3) of Law No. 192/1998 on the National Financial Market Commission, the Instruction on the stages, deadlines, method and procedures for the registration of securities No. 13/10/2018, pts. 16, 19 and 21 of the Regulation on the organization and functioning of the National Financial Market Commission No. 57/11/2022,

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The National Financial Market Commission DECIDES:

1. The prospectus for the primary public offer of bonds issued by the Commercial Bank "MOLDOVA-AGROINDBANK" S.A. (IDNO 1002600003778, MD-2012, Chisinau city, 31 August 1989 str., 127) is approved, with the following characteristics:

1. bearerless, dematerialized, non-convertible bonds of class II, III, IV, V, VI, VII, VIII, IX and X, with a circulation term of 3 years, guaranteed by the bank's own revenues, proposed for continuous placement within the framework of the offer program (total 10 issues of 7,500 bonds each, within a period of no more than 12 months from the date of publication of the prospectus), in a total volume of 1,500,000,000 lei, in the number of 75,000 units, with a nominal value of 20,000 lei per bond, with the allocation of a distinct ISIN code for each issuance cycle, indicated in the offer announcement;

2. the interest rate of the bonds is floating, being connected to the weighted average interest rate on new deposits attracted, in total for the banking sector (in national currency), with a term from 6 to 12 months, published on the official website of the National Bank of Moldova (www.bnm.md), on the first day of the period of implementation of the public offer (subscription period), and which is modified annually on the same date (month and day), when the period of implementation of the offer began + the fixed margin, established by class (class II: -1.0%; class III: -0.5%; class IV: 0.00%; class V: 0.5%; class VI: 1.0%; class VII: 1.5%, class VIII: 2.0%, class IX: 2.5%, class X: 3.0%), paid monthly;

3. the decision regarding the issuance of a specific class of bonds, which is to be issued within the framework of the Public Offer Program, is approved by the Management Committee of the Commercial Bank "MOLDOVA-AGROINDBANK" S.A., after the completion and closure of the previous issuance stages within the framework of the Public Offer Program.

2. The period of implementation of the primary public offer of bonds for each issue will be 20 calendar days, after no more than 5 calendar days from the date of publication of the offer announcement, with the possibility of early closure of this, at the decision of the Commercial Bank "MOLDOVA-AGROINDBANK" S.A., in the event that all offered bonds are fully subscribed.

3. The allocation of subscribed bonds and the method of repayment of the mandatory loan and payment of interest are those provided for within the framework of the prospectus for the primary public offer of bonds.

4. Responsibility for the data and information included in the prospectus for the primary public offer of bonds, as well as for the implementation of the offer, lies entirely with the bond issuer – the Commercial Bank "MOLDOVA-AGROINDBANK" S.A.

5. The Commercial Bank "MOLDOVA-AGROINDBANK" S.A., within a period of no more than 5 days from the date of closure of each issue within the framework of the Public Offer Program, will notify the NFMC regarding the results thereof.

6. This Decision may be contested by filing a preliminary application to the NFMC (MD-2012, Chisinau city, Stefan cel Mare si Sfant blvd., no. 77), within a period of 30 days from the date of communication.

7. This Decision enters into force on the date of adoption, is communicated to the recipient in accordance with the legislation, is published in the Official Monitor of the Republic of Moldova and on the official website of the NFMC (www.cnpf.md).

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Dumitru BUDIANSCHI, PRESIDENT

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Stefan cel Mare si Sfant blvd., no. 77, Chisinau city, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md