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 and Electrica Furnizare – 22 October 2020

10/22/2020 | 08:50am

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: 22 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 21 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 21 October 2020 by SDTS, as supplier, with EFSA, as buyer, 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 21 October 2020 of the kind listed in Art. 923 of Law No. 24/2017

Supplier: SDTS

Buyer: EFSA

Amount of

Payment due

Parties of the

Agreement Type and No.,

Scope of

Invoice

Date of entry

Expiry

Guarantees

dates and

transaction

Penalties

transaction

execution date

transactions

number

into force

date

(RON th.)

payment

(RON th.)

methods

C - 1782/S/7000/31 Jan 2018,

Providing

0.02%

(penalty

interest

C - 6153/N/7000 / 23 Mar 2018,

representation service

corresponding

to

the

Payment

is

AA1 -C18197/S/7000/31 Aug

as Balancing

percentage of interest due

made

within

2018,

Responsible Party

AA2 -C895/S/7000/17 Jan 2019,

for

non-payment

of

3

working

(BRP)

SDTS and

AA3 -C14639/S/7000/23 Jul

(0.24)

7090002835/

1 February

31 January

0

obligations to the

state

days from the

EFSA

21.10.2020

2018

2021

budget), calculated

for

2019,

BRP monthly

each day of delay starting

date

of

AA4 -C25100/S/7000/29 Nov

with the first day after the

sending

the

settlement -

2019,

due date until the day of

invoice

correction for August

AA5 -C2027/S/7000/31 Jan

payment (exclusive).

2020

2020

Transactions total amount (RON th.):

(0.24)

Due and not due mutual debts of EFSA to SDTS at 20.10.2020: RON 70,587.39 th.

Due and not due mutual debts of SDTS to EFSA at 20.10.2020: RON 815.48 th.

2

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Societatea Energetica Electrica SA published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 12:49:01 UTC

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