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Last checked at 
13 Feb 2026 14:22
To: Bucharest Stock Exchange (BSE)
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Romanian Financial Supervisory Authority (FSA)
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: 13 February 2026
Company name: Societatea Energetica Electrica S.A. (Electrica)
Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania
Phone no.: 004-021-2085035
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) and Luxembourg Stock Exchange (LuxSE)
Significant events to be reported: Final Settlement in Case no. 7591/2/2018* with the National Regulatory Authority for Energy (ANRE)
Electrica informs its investors and shareholders that, on 12 February 2026, the High Court of Cassation and Justice, dismissed the appeal filed by Electrica in case no. 7591/2/2018*, having as object: (i) the annulment of ANRE President's Order no. 168/2018; (ii) requiring ANRE to issue an order establishing a value of regulated rate of return (RRR) equal to the set by ANRE Order no. 75/2020; (iii) requiring ANRE to recognise, within the regulated revenues of the initial claimants SDEE TS, SDEE TN, SDEE MN (currently Distributie Energie Electrica Romania S.A. - DEER), the difference between the RRR value approved by the challenged order and the value approved by ANRE under Order no. 75/2020, and to include such amounts in the tariff calculation for the year following the final settlement of the dispute.
We mention that, on merits, the court partially admitted the statement of claim filed by Electrica and its subsidiary, DEER, annulled ANRE President's Order no. 168/2018 and dismissed the remaining claims. Against this solution, Electrica filed the appeal referred to in this current report, seeking the partial quashing of the challenged decision and, upon re-hearing of the case, the admission in full of the statement of claim as filed and subsequently specified.
Information regarding this litigation was previously disclosed to the shareholders by means of the current report dated 23 October 2018, available at: https://www.electrica.ro/wp-content/uploads/2018/10/ELSA_EN_Current-Report_Annulment-of-ANRE-Orders-no.-168-and-169-from-2018_23Oct2018.pdf.
Head of Legal Department,
Stefania Andruhovici
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