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Last checked at 
24 Mar 2025 16:00
To: Romanian Financial Supervisory Authority (FSA)
Bucharest Stock Exchange (BSE)
London Stock Exchange (LSE)
Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code
Report date: 24 March 2025
Company name: Societatea Energetica Electrica S.A. (Electrica)
Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania
Phone/fax no.: 004-021-2085999/ 004-021-2085998
Fiscal Code: RO 13267221
Trade Register registration number: J2000007425408
Subscribed and paid in share capital: RON 3,395,530,040
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)
Significant events to be reported: Insolvency request filed against the subsidiary DEER
Electrica informs shareholders and investors that, on 21 March 2025, a request for opening the insolvency procedure of the subsidiary Distributie Energie Electrica Romania S.A. (DEER) was filed with the Specialized Court of Cluj, case no. 167/1285/2025, for an amount of RON 2,609,916.06, which represents the value of 4 invoices of a sectoral execution contract (design and execution). Of these, only two invoices totaling RON 2,104,573.77 were due and were paid on 21 March 2025; the remaining amounts will become due on 28 March 2025, and 18 April 2025, respectively.
We mention that the insolvency procedure request was filed although the condition provided by art. 5 point 20 of Law no. 85/2014 on procedures concerning prevention of insolvency and insolvency was not fulfilled, specifically that the amounts must be overdue for more than 60 days. Consequently, DEER considers the request inadmissible.
CEO
Alexandru Chirita
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