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 and Electrica Furnizare – 20 October 2020

10/20/2020 | 11:05am

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: 20 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 16-19 October 2020, of several transactions between SDTN 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 16-19 October 2020 by SDTN, as services provider, with EFSA, as beneficiary, containing information about the date of execution, type of transactions, description of its 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 transaction concluded by SDTN with EFSA on 16-19 October 2020 of the kind listed in Art. 923 of Law No. 24/2017 Service provider: SDTN

Beneficiary: EFSA

Parties of

Agreement Type

Payment due

Scope of the

Amount

Details of the

Date of entry

Expiry

Guarantees

dates and

the

and No.,

Penalties

agreement

(RON th.)

transactions

into force

date

(RON th.)

payment

transaction

execution date

methods

Convention

For delays in the

payment of

the

30728/22 Feb

Invoice no.

invoice longer than 30 days from the

2016, AD

5.44

BHFTN9210159467/

due date,

the

lessor

has the

right

to

Payment is made

3/1159/16 Jul

19.10.2020

charge, and

the

lessee

has

the

within 10 days

2020 - Oradea

Re-invoicing

31

obligation

to

pay,

late

payment

SDTN and

1 January

from the date of

Convention

utilities

December

0

penalties in amount of 0.03% applied to

EFSA

2016

registration of the

expenses

2023

the amount due for each calendar day

60380/22 Feb

Invoice no.

of delay, starting with the first day after

invoice to the

2016, AD 6/

0.94

MMFTN9310162506

due-date. The

value

of

the

penalties

tenant.

60376A/404/15

/ 19.10.2020

will not

exceed the

value

of

the

feb 2019 - Satu

outstanding debt

Mare

The failure of the tenant to pay the rent

at due date authorizes the lessor to

Addendum no.

charge late payment interest equal to

the penalties incurred by lessor in the

Payment is made

9/16.10.2020

Buildings

Amount to

obligations to the state budget due to

within 10 days

RUC SDTN

Addendum for

rental

be

31

non-payment of the tax amounts at due

SDTN and

1108A09/

decreasing the rented

1 January

from the date of

services to

executed:

December

0

date, these being applied to the amount

EFSA

29.09.2020 to the

area and the value of

2016

registration of the

Electrica

EUR

2023

due for each day of delay from the day

Buildings rental

the agreement

Furnizare SA

404.14 th

immediately following

the

due-date

invoice to the

agreement no.

tenant.

and until the date of settlement of the

817/30 Dec 2015

amount due, exclusively. The value of

the penalties may not exceed the value

of the outstanding debt

Transactions total amount (RON th.):

6.38

Transactions total amount (EUR th.):

404.14

Due and not due mutual debts of EFSA to SDTN at 16.10.2020: RON 76,793.35 th.

Due and not due mutual debts of SDTN to EFSA at 16.10.2020: RON 1,052.46 th.

2

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Societatea Energetica Electrica SA published this content on 20 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2020 15:04:01 UTC

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