BANCA TRANSILVANIA S.A. Romanian joint-stock company ...

estructuring, liquidation, dissolution or other similartransaction, whether in one transaction or a series oftransactions"Lead Investor" or "IFC""Lei" or “RON”Maturity Date"Offer"“Qualified investors”Qualified investor: International Finance Corporation;Lei (RON), the national currency of Romania;The 7-year anniversary after the Issue Date, when theoutstanding Bonds which have not been converted intoShares will be redeemed in their principal amount.The offering for the subscription of the Bonds pursuant tothe Prospectus, referring collectively to the Pre-emptiveOffer and the Primary Offer.any person or entity which, according to CNVM’sregulations: (i) is included in the category of professionalclients; or (ii) is, on request, treated as professional clientor is recognized as eligible counterparty, unless it hasrequested to be treated as non-professional client. For theavoidance of any doubt, a professional client is a clientwho possesses the experience, knowledge and expertise tomake its own investment decisions and properly the risksthat it incurs. In order to be considered a professionalclient, the client must comply with the following criteria:(a)Entities which are required to be authorized orregulated to operate in the financial markets. Thefollowing list includes all authorized entities carryingout the characteristic activities of the entitiesmentioned: entities which are authorized in Romaniaor in another Member State according to an Europeandirective, entities authorized or regulated in Romaniaor in another Member State which does not fall underany European directive and entities authorized orregulated by a non-Member State:1. credit institutions;2. investment firms;3. other authorized or regulated financialinstitutions;4. insurance companies;5. collective investment bodies and managementcompanies of such schemes;6. pension funds and management companies of26