General information about Sopharma Group

Main activities

Sopharma Group (the Group) is a leading Bulgarian producer, exporter and local distributor of pharmaceutical products with a strong presence in Eastern and South-eastern Europe, offering a wide range of prescription medicines and OTC products, food supplements, cosmetics and medical devices.

The Group operates in the following areas:

• production of pharmaceutical products including medicines, primarily generics, herbal-based substances and food supplements, which is mainly done by "Sopharma" AD (the Company);
• production of medicinal products and medicinal cosmetics, as plasters, bandages and sanitary-hygiene products focused at the production site in Sandanski city;
• distribution of pharmaceuticals, medical supplies, sanitary materials, vitamins, food supplements and cosmetics, which is mainly performed by "Sopharma Trading" in Bulgaria.

Registration and activity of the Company

"Sopharma" AD is a company registered in Bulgaria under the Provisions of the Commercial Act, with its registered office in Sofia, 16 Iliensko shose Str.

"Sopharma" AD was established in 1933. The court registration of the Group is from 15.11.1991, decision №1/1991 of Sofia City Court. "Sopharma" AD is a public company under the Law on Public Offering of Securities.

The Company conducts the production and marketing of medicinal substances and dosage forms; research, engineering and implementation activities in the field of phytochemistry, chemistry and pharmacy, production of medical products and cosmetics, incl. — plasters, bandages, sanitary-hygiene products, herbal cosmetics, concentrates for hemodialysis. "Sopharma" AD provides services related to production, as well as to ancillary and supporting activities.

Controlled companies

Sopharma Group consists of "Sopharma" AD and seventy-eight subsidiaries, directly or indirectly controlled by the Company. Additionally, the Group has investments in two associated companies and one joint venture.

Board of directors

"Sopharma" AD has a one tier management system with a Board of Directors of five members as follows: Ognian Donev, PhD — Chairman, Vessela Stoeva — Deputy Chairman and members — Alexander Tchaoushev, Bissera Lazarova and Ivan Badinski. The company has two procurators — Simeon Donev and Ivan Badinski. The company is represented and managed by the Executive Director Ognian Donev, PhD.

Members of the key management personnel of the Group include the disclosed in Note №1 Executive Director and members of the Board of Directors of the Company. Additionally, it includes the executive directors, the board of directors and the managers of subsidiaries of the Group.

Shareholder structure as at 31 December 2021