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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 Transilvania Nord si Electrica Furnizare – 1 October 2020

10/01/2020 | 12:15pm

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

010621 District 1, Bucharest, Romania Phone: 021-208 59 99; Fax: 021-208 59 98 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: 1 October 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 by Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 30 September 2020, of several transactions between SDTN and EFSA, Electrica's subsidiaries, based on services agreements and conventions 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 30 September 2020 by SDTN, as services provider, with EFSA, as beneficiary, 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

1

Annex 1: Details regarding the transactions concluded by SDTN with EFSA on 30 September 2020 of the kind listed in Art. 923 of Law No. 24/2017

Service provider: SDTN

Beneficiary: EFSA

Parties of

Agreement Type and

Scope of the

Amount (RON

Date of entry

Guarantees

Payment due dates and

the

Expiry date

Penalties

transaction

No., execution date

agreement

th.)

into force

(RON th.)

payment methods

Convention 50277/22 Feb

2016, AD 52630A/10 Oct

6.77

2019 - Bistrita

Convention 30728/22 Feb

2016, AD 1159/16 Jul

7.05

2020 - Oradea

For delays in the payment of

22 February

the invoice longer than 30 days

Convention

2016

from the due date, the lessor

E12.2.59/08.03.2011 -

1.50

has the right to charge, and the

utilities breakdown

lessee has the obligation to pay,

Payment is made within

headquarters Oradea

31

late

payment

penalties in

SDTN and

Re-invoicing

10 days from the date of

December

0

amount of 0.03% applied to the

EFSA

utilities expenses

registration of the invoice

Convention 60380/22 Feb

2023

amount due for each calendar

day of delay, starting with the

to the tenant.

2016, AD 60376A/15 Feb

2.73

first

day after

due-date. The

2019 - Satu Mare

value of the penalties will not

exceed the value of the

Convention 1193/9 Jan

outstanding debt

2017,

1.99

9 January

AD 406/4 Mar 2019 -

2017

Baia Mare

Convention 70022/5 Jan

5 January

2017, AD 71117A/18 Jul

0.38

2017

2018 - Zalau

2

The beneficiary will

pay,

Payment is made within

beside the amount due, a

30 working days from the

penalty

to

this

amount,

487/29 Aug 2007;

31

corresponding as a percentage

date of receipt of the

SDTN and

Telecommunications

1 August

of the interest

due

for

non-

invoice. Payment of

AA 42/17 Dc 2019

33.11

December

0

EFSA

services

2007

payment

on

time

of

the

invoices can also be made

Contract without fix price

2020

obligations to the state budget,

by compensation in

for each day of delay compared

compliance with the

to the due date, until the day of

legislation in force.

payment (exclusively).

Total transactions amount (RON th.):

53.52

Due and not due mutual receivables of SDTN from EFSA at 29.09.2020: RON 39,481.05 th.

Due and not due mutual debts of SDTN to EFSA at 10.09.2020: RON 544.67 th.

3

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Societatea Energetica Electrica SA published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2020 16:14:01 UTC

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