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 – SDTS, SDMN and Electrica Furnizare – 15 October 2020

10/15/2020 | 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: 15 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, in the period 14 - 15 October 2020, of several transactions between Societatea de Distributie a Energiei Electrice Transilvania Sud SA (SDTS) and EFSA, respectively between Societatea de Distributie a Energiei Electrice Muntenia Nord SA (SDMN) 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 in the period 14 - 15 October 2020 by SDTS and SDMN, 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 SDTS with EFSA on 14 October 2020 of the kind listed in Art. 923 of Law No. 24/2017

Services provider: SDTS

Beneficiary: EFSA

Parties of

Agreement Type and No.,

Amount of

Invoice

Date of entry

Expiry

Guarantees

Payment due dates

the

Scope of transactions

transaction

number/

Penalties

and payment

execution date

into force

date

(RON th.)

transaction

(RON th.)

date

methods

C-12310/D/700/29 Jul 2015

29 July 2015

N/A

0.02%

(penalty

interest corresponding

C-12445/D/700/30 Jul 2015

30 July 2015

N/A

Providing electricity

to

the

percentage of

30 September

interest

due

for

non-

C-16355/D/700/30 Sept 2015

distribution service by

N/A

payment

of

the distribution operator

2015

Payment is made

obligations to the state

for users, end customers

21 December

SDTS and

7190009522

budget),

calculated

within 10 working

C-22054/D/700/21 Dec 2015

of the supplier, whose

43.27

N/A

0

EFSA TN

/14.10.2020

2015

for each day of delay

days from the date of

installations are

starting with the

first

receipt of the invoice.

connected to the

22 December

C-22271/D/700/22 Dec 2015

N/A

day after the due date

electricity network of the

2015

until

the

day

of

distribution operator

C-22578/D/700/29 Dec 2015

29 December

N/A

payment (exclusive).

There are 30 days of

2015

grace period

C-14893/D/700/09 Sept 2015

9 September

N/A

0.02%

(penalty

2015

interest corresponding

C-16091/D/700/28 Sept 2015

Providing electricity

28 September

N/A

to

the

percentage of

2015

interest

due

for

non-

distribution service by

payment

of

the distribution operator

21 December

Payment is made

C-22046/D/700/21 Dec 2015

N/A

obligations to the state

for users, end customers

2015

SDTS and

7190009521

budget),

calculated

within 10 working

of the supplier, whose

398.76

0

EFSA MN

/14.10.2020

21 December

for each day of delay

days from the date of

C-22050/D/700/21 Dec 2015

installations are

N/A

2015

starting with the first

receipt of the invoice.

connected to the

day after the due date

electricity network of the

22 December

C-22255/D/700/22 Dec 2015

N/A

until

the

day

of

distribution operator

2015

payment (exclusive).

C-22562/D/700/29 Dec 2015

29 December

N/A

There are 30 days of

grace period

2015

Transactions total amount (RON th.):

442.04

Due and not due mutual debts of EFSA to SDTS at 13.10.2020: RON 69,769.65 th.

Due and not due mutual debts of SDTS to EFSA at 13.10.2020: RON 821.34 th.

2

Details regarding the transactions concluded by SDMN with EFSA in the period 14 - 15 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Service provider: SDMN

Beneficiary: EFSA

Parties of the

Agreement Type and

Scope of

Amount of

Invoice

Date of

Expiry

Guarantees

Payment due dates

transaction

number/

entry into

Penalties

and payment

transaction

No., execution date

transactions

date

(RON th.)

(RON th.)

date

force

methods

Providing electricity

0.02%

(penalty

interest

corresponding

to

the

distribution service

percentage of interest due

by the distribution

7190001430/

for

non-payment

of

operator for users,

Payment

is

made

obligations

to

the

state

14.10.2020;

end customers of the

SDMN and

1 April

budget),

calculated

for

within

10

working

7190001433/

R102263 / 30 Mar 2016

supplier, whose

38,181.17

N/A

0

EFSA MN

2016

each day of delay starting

days from the date of

14.10.2020

installations are

with the first day after the

receipt of the invoice.

connected to the

due date until the day of

electricity network of

payment

(exclusive).

the distribution

There are 30 days of grace

operator

period

R106538/7 Jul 2015

10.26

2190010151/

0.02%

(penalty

interest

Providing electricity

14.10.2020

corresponding

to

the

4190008975/

R106673/11 Jul 2015

distribution service

10.78

percentage of interest due

14.10.2020

by the distribution

for

non-payment

of

R107111/27 Jul 2015

operator for users,

-0.50

3190011900/

obligations

to

the

state

Payment

is

made

end customers of the

14.10.2020

SDMN and

1 August

budget),

calculated

for

within

10

working

R107203/28 Jul 2015

supplier, whose

63.37

1190018908/

N/A

0

EFSA TS

2015

each day of delay starting

days from the date of

installations are

14.10.2020

R107421/31 Jul 2015

connected to the

15.96

5190009508/

with the first day after the

receipt of the invoice.

electricity network of

14.10.2020

due date until the day of

the distribution

6190011136/

payment

(exclusive).

R107426/31 Jul 2015

operator

25.80

14.10.2020

There are 30 days of grace

period

3

R110808/5 Nov 2015

8.00

2190010150/

1

0.02%

(penalty

interest

Providing electricity

14.10.2020

corresponding

to

the

December

6190011135/

R111559/25 Nov 2015

distribution service

percentage of interest due

2.10

2015

14.10.2020

by the distribution

for

non-payment

of

3190011899/

R112463/15 Dec 2015

operator for users,

7.36

obligations

to

the

state

Payment

is

made

end customers of the

14.10.2020

SDMN and

budget),

calculated

for

within 10

working

R112651/16 Dec 2015

supplier, whose

31.19

1190018907/

N/A

0

EFSA TN

each day of delay starting

days from the date of

installations are

14.10.2020

1 January

R112798/18 Dec 2015

connected to the

5.44

5190009507/

with the first day after the

receipt of the invoice.

2016

electricity network of

14.10.2020

due date until the day of

the distribution

4190008976/

payment

(exclusive).

R112920/21 Dec 2015

operator

4.70

14.10.2020

There are 30 days of grace

period

0.01% penalty interest as a

percentage

of

the

interest

due for non-payment on

Payment

is

made

SDMN and

21/15 Feb 2018

Balancing Market

0.28

7190001434/

1 February

31

0

time

of

the

contractual

within

3

working

EFSA

15.10.2020

2018

January

obligations, calculated for

days from the date of

2021

each day of delay starting

with the 30th day after the

receipt by email / fax

due date until the day of

payment

Transactions total amount (RON th.):

38,365.91

Due and not due mutual debts of EFSA to SDMN at 13.10.2020: RON 49,455.07 th.

Due and not due mutual debts of SDMN to EFSA at 13.10.2020: RON 741.90 th.

4

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Societatea Energetica Electrica SA published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 14:54:01 UTC

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