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

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: 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

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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.

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