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Final Settlement in Case no. 341

Today 14:17

RNS Number : 4471H
Societatea Energetica Electrica SA
08 June 2026
 

To: Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Luxembourg Stock Exchange (LuxSE)

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: 8 June 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. 341/2/2025 with the National Regulatory Authority for Energy (ANRE)

Electrica informs its investors and shareholders that, on 5 June 2026, the High Court of Cassation and Justice dismissed the appeal filed by Electrica in case no. 341/2/2025, having as object:

(i) partial annulment of the Order of the President of ANRE no. 97/2024 regarding the approval of the specific tariffs for the electricity distribution service and the price for reactive electricity, valid from 1 January 2025, for Distributie Energie Electrica Romania S.A. (DEER), as well as the values of the investment plans for the fifth regulatory period (RP5), regarding the inclusion of the period 1 January - 28 March 2019 and 30 April - 12 May 2020 in the period of application of the a regulated rate of return (RRR) of 6.23%, according to art. 4 of the above-mentioned Order;

(ii) issuance of an order on the establishment of the RRR, with a value equal to that established by ANRE Order no. 75/2020 on establishing the regulated rate of return on invested capital applied to the establishment of tariffs for electricity and natural gas distribution, transmission and system services until the end of the fourth regulatory period (RP4) and amending certain normative acts issued by ANRE, respectively 6.39% and with the inclusion in the newly issued order of the mention that the RRR value applies to the establishment of tariffs for the electricity distribution service provided by the concessionaire distribution operators;

(iii) recognition in the regulated income of the DEER, of the difference between the value of the RRR used to establish the revenue correction resulting from the non-realization/exceeding of the investment plans in the RP4 (2019-2023) of 6.23%, indicated in art. 4 of the contested order and the one indicated in ANRE Order 75/2020 and including these amounts in the calculation of the tariffs, within no more than 30 days from the date on which the decision becomes final.

The decision is final.

 

 

 

 

Information regarding this litigation was previously disclosed to the investors by means of the current report dated 22 January 2025, available here: BSE:IRIS code 2457E and LSE: RNS code 3400U.

IR Contact: ir@electrica.ro, +40731796111

 

Head of the Legal Department

Stefania Andruhovici

 

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