SOCIETATEA ENERGETIC

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Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 – SDTN, SDTS and Electrica Furnizare – 12 October 2020

10/12/2020 | 10:55am

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: 12 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 two distribution companies and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 9 October 2020 and on 12 October 2020, of several transactions between Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and EFSA, respectively between Societatea de Distributie a Energiei Electrice Transilvania Sud (SDTS) and EFSA, Electrica's subsidiaries, 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 9 October 2020 and on 12 October 2020 by SDTN and SDTS, as services providers, 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 9 October 2020 and on 12 October 2020 of the kind listed in Art. 923 of Law No. 24/2017

Service provider: SDTN

Beneficiary: EFSA

Parties of

Agreement Type

Scope of the

Amount

Invoice

Date of entry

Expiry

Guarantees

Payment due dates

the

and No., execution

Penalties

and payment

agreement

(RON th.)

Number

into force

date

(RON th.)

transaction

date

methods

Providing electricity

Invoices

distribution service

AFFTN9710

by the distribution

008178 and

operator for users,

AFFTN9710

end customers of the

008177 dated

supplier, whose

31,444. 48

9.10.2020

installations are

Invoice

Penalty

interest

connected to the

The

issuing of the

AFFTN9710

corresponding

to

the

electricity network

008202 /

percentage

of

interest

due

invoice

with

the

of the distribution

12.10.2020

for

non-payment

of

amount

for

the

operator

obligations

to

the

state

contractual

month

CJFTN91102

budget), calculated for each

ended is made in the

SDTN and

103 / 10 Mar 2016

67167;

day of delay starting with

first 10 working days

Contract without

BHFTN9210

1 April 2016

N/A

0

the first day after the due

of

the

month

EFSA TN

date

until

the

day

of

159163;

fix price

payment (exclusively). The

following

each

BHFTN9210

total

amount

of

penalty

contractual

month.

159165;

interest may not exceed the

Payment

is

made

Other services

MMFTN931

amount due. There are 30

within

10

working

provided as a

0162129;

distribution operator

9.77

days

of

grace

period.

days from the date of

SMFTN9410

- interventions in the

(Percentage valid at the date

receipt of the invoice.

101740;

distribution network

of reporting: 0.02%)

BNFTN9510

082166;

SJFTN96100

57268

dated

9.10.2020

2

Penalty interest

The issuing of the

30275 / 30 Sept

1 October

corresponding to the

2015

Providing electricity

percentage of interest due

invoice with the

2015

for non-payment of

amount for the

33802 / 1 Jul 2015

distribution service

1 July 2015

obligations to the state

contractual month

43670 / 17 Nov

by the distribution

1 December

budget), calculated for each

ended is made in the

operator for users,

2015

AFFTN9710

day of delay starting with

end customers of the

2015

first 10 working days

SDTN and

426/SM/ 30 Dec

008149

the first day after the due

supplier, whose

73.09

1 January

N/A

0

of the month

EFSA TS

2015

dated

date until the day of

installations are

2016

following each

10019 BN/1 Oct

9.10.2020

payment (exclusively). The

connected to the

1 October

contractual month.

2015

total amount of penalty

electricity network

2015

interest may not exceed the

Payment is made

71107 / 11 Aug

of the distribution

1 September

amount due. There are 30

within 10 working

2015

operator

2015

days of grace period.

days from the date of

(Percentage valid at the

receipt of the invoice.

date of reporting: 0.02%)

Penalty interest

The issuing of the

corresponding to the

32476 / 9 Dec 2015

Providing electricity

percentage of interest due

invoice with the

1 January

for non-payment of

amount for the

33799 / 1 Jul 2015

distribution service

2016

obligations to the state

contractual month

43264 / 20 Oct

by the distribution

1 July 2015

budget), calculated for each

ended is made in the

operator for users,

2015

AFFTN9710

day of delay starting with

end customers of the

11 November

first 10 working days

SDTN and

425/SM/ 23 Dec

008147

the first day after the due

supplier, whose

375.45

2015

N/A

0

of the month

EFSA MN

2015

dated

date until the day of

installations are

1 January

following each

10018 BN/1 Jul

9.10.2020

payment (exclusively). The

connected to the

contractual month.

2015

2016

total amount of penalty

electricity network

1 July 2015

interest may not exceed the

Payment is made

70866 / 1 Jul 2015

of the distribution

1 July 2015

amount due. There are 30

within 10 working

operator

days of grace period.

days from the date of

(Percentage valid at the

receipt of the invoice.

date of reporting: 0.02%)

3

Providing electricity

Penalty

interest

The

issuing

of

the

distribution service

corresponding

to

the

by the distribution

percentage

of

interest

due

invoice

with

the

operator for users,

for

non-payment

of

amount

for

the

end customers of the

obligations

to

the

state

contractual

month

supplier, whose

SMFTN9410

budget), calculated for each

ended is made in the

installations are

day of delay starting with

first 10 working days

SDTN and

425/SM/ 23 Dec

101743

1 January

connected to the

0.55

N/A

0

the first day after the due

of

the

month

EFSA MN

2015

electricity network

dated

2016

date

until

the

day

of

of the distribution

9.10.2020

payment (exclusively). The

following

each

operator - Other

total

amount

of

penalty

contractual

month.

services provided as

interest may not exceed the

Payment

is

made

a distribution

amount due. There are 30

within

10

working

operator -

days

of

grace

period.

days from the date of

interventions in the

(Percentage valid at the date

receipt of the invoice

distribution network

of reporting: 0.02%)

Transactions total amount (RON th.):

31,903.71

Due and not due mutual debts of EFSA to SDTN at 08.10.2020: RON 39,530.29 th.

Due and not due mutual debts of SDTN to EFSA at 08.10.2020: RON 624.74 th.

4

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Societatea Energetica Electrica SA published this content on 12 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2020 14:54:00 UTC

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