Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 – Societatea de Distributie a Energiei Electrice Muntenia Nord, Societatea de Distributie a Energiei Electrice Transilvania Nord, Societatea de Distributie a Energiei Electrice Transilvania Sud and Electrica Furnizare – 24 September 2020

Societatea Energetica Electrica S.A. 9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania Phone: [phone]; Fax: [phone] Fiscal Registration Code RO 13267221 J40/7425/2000

Share capital: 3.464.435.970 RON www.electrica.ro

To:	Romanian Financial Supervisory Authority (ASF)
	Bucharest Stock Exchange (BVB)
	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, and the Bucharest Stock Exchange Code

Report date: 24 September 2020

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 (BVB) and

London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according to Art. 923 para

1. of Law No. 24/2017 concluded between electricity distribution companies and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 23 September 2020, of 5 transactions between electricity distribution companies and EFSA, Electrica's subsidiaries, based on agreements without fix price, that have a value that, cumulated with the rest of the transactions concluded/executed in the last 12 months, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, respectively exceeds the value of RON 199,406,795.

Details regarding the transactions concluded on 23 September 2020 by electricity distribution companies, as services providers/beneficiaries, with EFSA, as beneficiary/service provider, containing information about the date of execution, type of transactions, description of their scope, total value of the transactions, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.

Chief Executive Officer

Georgeta Corina Popescu

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Annex 1

Details regarding the transactions concluded by SDMN with EFSA on 23 September 2020 of the kind listed in Art. 923 of Law No. 24/2017 Services provider: SDMN

Beneficiary: EFSA

Parties of the	Agreement Type and		Amount	Date of	Expiry	Guarantees				Payment due
Scope of the transactions	entry into	Penalties		dates and
transaction	No., execution date	(RON th.)	date	(RON th.)
	force				payment methods
							0.01% penalty interest as
							a percentage	of	the
							interest due for non-	Payment	is made
	21/15 Feb 2018						payment on time of the
SDMN and	Balancing Market	453.55	1 February	31 January	0	contractual obligations,	within 3	working
EFSA	Contract without fix price	2018	2021	calculated for each day of	days from the date of
							delay starting	with	the	receipt by email / fax
							30th day after the due
							date until the day of
							payment
Transactions total amount (RON th.):		453.55
Due and not due mutual debts of EFSA to SDMN at 22.09.2020 (RON	94,844.11
th.):
Due and not due mutual debts of SDMN to EFSA at 22.09.2020 (RON	1,037.43
th.):

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Annex 1

Details regarding the transactions concluded by SDTN with EFSA on 23 September 2020 of the kind listed in Art. 923 of Law No. 24/2017 Services provider: SDTN

Beneficiary: EFSA

Parties of the

Agreement Type and

Scope of the

Amount

Date of entry

Guarantees

Payment due

Expiry date

Penalties

dates and

transaction

No., execution date

transactions

(RON th.)

into force

(RON th.)

payment methods

Interest due for not paying the

31 December 2020,

obligations to the state budget

in due

time, applied

starting

with the possibility of

with the first day after the due

extension without

date; (Percentage

valid at the

22/15 Feb 2018 and

Providing

completing any

date of reporting: 0.02%)

Payment

is made

representation

formality, for periods

Concession contract

SDTN and

service as the

27 February

of 12 months, if

within 3

working

61/4 Apr 2018

83.29

0

EFSA

Party

2018

neither party requests

If the provider fails to fulfill its

days from the date of

Contract without fix

Responsible

the cancellation of the

obligations under the contract,

receipt of the invoice

price

for Balancing

contract at least 30

the purchaser has the right to

days before the

deduct

from

the

tariff

expiration of its

established by the contract, as

duration

penalties, an amount equivalent

to a percentage of 1.5% of the

monthly tariff

Transactions total amount (RON th.):

83.29

Due and not due mutual debts of EFSA to SDMN at

77,775.46

22.09.2020 (RON th.):

Due and not due mutual debts of SDMN to EFSA at

1,094.20

22.09.2020 (RON th.):

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Details regarding the transactions concluded by EFSA with Societatea de Distributie a Energiei Electrice Muntenia Nord (SDMN), Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and Societatea de Distributie a Energiei Electrice Transilvania Sud (SDTS) on 23 September 2020 of the kind listed in Art. 923 of Law No. 24/2017

Services provider: EFSA

Beneficiary: SDMN, SDTN, SDTS

Parties of the	Agreement Type and		Amount	Date of	Expiry	Guarantees		Payment due
Scope of the transactions	entry into	Penalties	dates and
transaction	No., execution date	(RON th.)	date	(RON th.)
	force		payment methods
								Payment is made
EFSA and	21/15 Feb 2018	Representation service as the		1 February	31 January			within 3 working
Party Responsible for	116.38	0	0	days from the date
SDMN	Contract without fix price	2018	2021
Balancing				of receipt by email /
								fax
								Payment is made
EFSA and	22/15 Feb 2018	Representation service as the		1 January	31			within 3 working
Party Responsible for	338.55	December	0	0	days from the date
SDTN	Contract without fix price	2018
Balancing		2020			of receipt of the
								invoice
								Payment is made
EFSA and	23/15 Feb 2018	Providing representation		1 February	31 January			within 3 working
Contracts without fix	service as Balancing	47.44	0	0	days from the date
SDTS	2018	2021
price	Responsible Party				of receipt of the
								invoice
Transactions total amount (RON th.):		502.37
Due and not due mutual debts of EFSA to SDTS at 22.09.2020 (RON	35,640.58
th.):
Due and not due mutual debts of SDTS to EFSA at 22.09.2020 (RON	692.22
th.):

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