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Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 –  SDTS and Electrica Furnizare – 9 October 2020

10/09/2020 | 08:30am

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: 9 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 Sud SA (SDTS) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 8 October 2020, of a transaction between SDTS and EFSA, Electrica's subsidiaries, transaction that has 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 transaction concluded on 8 October 2020 by SDTS, as services provider, with EFSA, as beneficiary, 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 1.

Chief Executive Officer

Georgeta Corina Popescu

1

Annex 1: Details regarding the transaction concluded by SDTS with EFSA on 8 October 2020 of the kind listed in Art. 923 of Law No. 24/2017

Services provider: SDTS

Beneficiary: EFSA

Agreement Type

Amount of

Payment due

Parties of the

Date of entry

Expiry

Guarantees

dates and

and No., execution

Scope of transactions

transaction

Penalties

transaction

into force

date

(RON th.)

payment

date

(RON th.)

methods

Providing electricity

distribution service by the

distribution operator for

0.02%

(penalty

interest

users, end customers of

Payment

is

C-3831/D/700/ 15

corresponding to the percentage

SDTS and

the supplier, whose

of interest due for non-payment

made

within

Mar 2016 and AA2/1

EFSA TS

installations are connected

of obligations to the state budget),

30

days from

Aug 2016

to the electricity network

2.30

15 March 2016

N/A

0

calculated for each day of delay

the

date

of

Contract without fix

of the distribution operator

starting with the first day after the

receipt

of

the

price

- other services as

due date until the day of payment

invoice

distribution operator

(exclusive).

Invoice no. 2090108061/

08.10.2020

Transactions total amount (RON th.):

2.30

Due and not due mutual debts of EFSA to SDTS at 07.10.2020: RON 69,795.12 th.

Due and not due mutual debts of SDTS to EFSA at 07.10.2020: RON 563.35 th.

2

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Societatea Energetica Electrica SA published this content on 09 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 October 2020 12:29:02 UTC

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