Electrica Regs Regulatory News (ELSA)

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, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 7 November 2022

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: J40/7425/2000

Subscribed and paid in share capital: RON 3,464,435,970

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according to Art. 108 of Law No. 24/2017 concluded by Distributie Energie Electrica Romania SA (DEER), subsidiary of Societatea Energetica Electrica SA (Electrica), and Nuclearelectrica SA (SNN)

Electrica informs its shareholders and investors about the conclusion, on 31 October 2022, of some transactions between DEER and SNN, that have a value that, cumulated with the rest of the transactions concluded/executed in the period 1 November 2021 - 31 October 2022 exceed the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 30 June 2022, respectively exceeds the value of RON 199,059,726.

Details regarding the transactions concluded on 31 October 2022, together with the rest of the transactions already concluded in the period 1 November 2021 - 31 October 2022, which led to exceeding the threshold, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex.

CEO

Alexandru - Aurelian Chirita

Annex: Details regarding the transactions concluded by DEER and SNN between 1 November 2021 - 31 October 2022 of the kind listed in Art. 108 of Law No. 24/2017

Total executed amount during 1 November 2021 - 31 October 2022: RON 218,759.40 th

Due and not due mutual receivables of DEER to SNN at 31 Oct 2022: RON 0 th.

Due and not due mutual debts of DEER to SNN at 31 Oct 2022: RON 52,306.45 th.

Note 1: Non-payment of the invoice by the Buyer according to the payment deadlines entails the payment of late penalties which are calculated for each day of delay, starting with the day immediately following the due date and up to the date of settlement of the amount owed, including; the level of late penalties corresponds as a percentage to the interest due for non-payment of obligations to the state budget on time, for each day of delay.

Note 2: In case of non-payment of the invoice when due, the Buyer will be obliged to pay late penalties whose interest level corresponds as a percentage to the interest due for non-payment of obligations to the state budget, for each day of delay starting with the first day after the due date, until the date of settlement of the amount owed, inclusive

Note 3: In the case of non-payment of the invoice when due, the Buyer will be obliged to pay late penalties, in the amount of 0.1% of the amount due, for each day of delay, starting with the first day after the due date, until the date of payment of the amount due, including. The invoice issued for the penalties due will become due in 5 (five) working days from its receipt by fax or e-mail.