Digi Communications N.V. announces Bucharest Court of Appeal issued a first instance decision acquitting Digi Romania S.A., its current and former directors, as well as the other parties involved in the criminal case which was the subject matter of the investigation conducted by the Romanian National Anticorruption Directorate

Digi Communications N.V. announces Bucharest Court of Appeal issued a first instance decision acquitting Digi Romania S.A., its current and former directors, as well as the other parties involved in the criminal case which was the subject matter of the investigation conducted by the Romanian National Anticorruption Directorate

(IN BRIEF) The Company reports that on 25 November 2025, the Bucharest Court of Appeal acquitted Digi Romania S.A., its current and former directors, and all other defendants in a long-running criminal case investigated by Romania’s National Anticorruption Directorate (DNA). The court ruled that the alleged offences did not exist and lifted the asset seizure previously imposed on Digi Romania. The Company states that this outcome aligns with its longstanding view that the accusations were unfounded. The ruling is not final, as it is a first-instance decision issued upon retrial.


(PRESS RELEASE) BUCHAREST, Romania, 25-Nov-2025 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, informs the market that on 25 November 2025, the Bucharest Court of Appeal issued a decision acquitting Digi Romania S.A. (the Company’s subsidiary in Romania – “Digi Romania”), its current and former directors, as well as the other parties involved in the criminal case which was the subject matter of the investigation conducted by the Romanian National Anticorruption Directorate (“DNA”), about which we informed the market in the initial public offering prospectus dated 26 April 2017, as well as in the subsequent public reports. The court found that all defendants must be acquitted, as the criminal acts they had been accused of do not exist. At the same time, the court ordered the termination of the seizure measure initially imposed by the DNA on Digi Romania’s assets.

The Company has consistently stated that the accusations brought against it were unfounded and the court’s decision confirms the Company’s constant position regarding this litigation.

The decision of the Bucharest Court of Appeal is not final, as it was issued at first instance upon retrial.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 6505
investor.relations@digi-communications.ro

Website:

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Frequently Asked Questions (FAQs)

  1. What recent decision did the Bucharest Court of Appeal make regarding Digi Romania?
    The Bucharest Court of Appeal issued a decision on 25 November 2025 acquitting Digi Romania S.A., its current and former directors, and all other defendants in the criminal case investigated by the National Anticorruption Directorate (DNA).
  2. Why were Digi Romania and its directors on trial?
    They were involved in a criminal investigation conducted by the Romanian DNA, a case originally disclosed in the Company’s 2017 IPO prospectus and in subsequent public reports.
  3. What was the court’s reasoning for the acquittal?
    The court found that all alleged criminal acts did not exist, leading to the acquittal of all defendants.
  4. What happened to the asset seizure imposed on Digi Romania?
    The court ordered the termination of the seizure measure previously imposed by the DNA on Digi Romania’s assets.
  5. Has the Company commented on the decision?
    Yes. The Company emphasized that it has consistently maintained the accusations were unfounded, and the court’s decision supports its long-held position.
  6. Is the court’s decision final?
    No. This ruling is a first-instance decision issued upon retrial and is not yet final.
  7. Where was this case previously disclosed?
    The case was described in the Company’s IPO prospectus dated 26 April 2017 and referenced in later public reports.

SOURCE: Digi Communications N.V.

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