Soecietatea Energetica Electrica S.A.

Related Party Transaction • Oct 27, 2021

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: 27 October 2021

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. 108 of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica), with Societatea Nationala Nuclearelectrica S.A. (SNN)

Electrica informs its shareholders and investors about the conclusion, on 26 October 2021, of several transactions between EFSA, Electrica's subsidiary, and SNN, that has a value that, cumulated with the rest of the transactions concluded/executed in the period 6 August – 26 October 2021, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2020, respectively exceeds the value of RON 202,466,778.

Details regarding the transactions concluded on 26 October 2021, together with the rest of the transactions already concluded in the period 6 August – 26 October 2021, 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.

CEO Georgeta Corina Popescu

Annex 1: Details regarding the transactions concluded by EFSA with SNN in the period 6 August – 26 October 2021 of the kind listed in Art. 108 of Law No. 24/2017

Agreement Type and No., execution date	Scope of the transactions	Amount of transactions	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
Buyer: EFSA Seller: SNN
Transaction ID 40404 / 6 Sept 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	20,367.00	6 September 2021	31 December 2021	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not (10th) later than the tenth calendar day of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40405 / 6 Sept 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	20,367.00	6 September 2021	31 December 2021	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40430 / 13 Sept 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 /	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	21,724.80	13 September 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of

04 Nov 2019, concluded on PC OTC					basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40437 / 13 Sept 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	22,776.00	13 September 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40445 / 13 Sept 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	13,928.40	13 September 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40552 / 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 /	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	10,249.20	12 October 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of

04 Nov 2019, concluded on PC OTC					basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40560 / 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.07.2022 – 31.12.2022	12,478.03	12 October 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40573 / 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.03.2022	10,687.05	12 October 2021	31 March 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40589/ 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 /	Sell and purchase of electricity in the period 01.07.2022 – 31.12.2022	15,238.65	12 October 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of

04 Nov 2019, concluded on PC OTC					basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40591 / 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.07.2022 – 31.12.2022	15,238.65	12 October 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40592 / 12 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 / 04 Nov 2019, concluded on PC OTC	Sell and purchase of electricity in the period 01.01.2022 – 31.03.2022	14,195.43	12 October 2021	31 March 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the basis of the EFET contract no. 1561 between 04.02.2020 until 15.02.2022)	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of delay, starting with the first day after the due date, until the due date, inclusively. The invoice issued for the penalties due will become due within 5 calendar days from the issuance.	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of electricity delivered, according to the Schedule of delivery from the previous calendar month. Payment is made latest on the payment deadline written on the invoice, respectively not later than 20 calendar days from the date of receipt of the invoice, by fax or email, from the Seller.
Transaction ID 40645 / 26 Oct 2021, annex to EFET contract No. 1561/19 Dec 2018 and AD 1 /	Sell and purchase of electricity in the period 01.01.2022 – 31.12.2022	29,039.40	26 October 2021	31 December 2022	40,000 (the guarantee is constituted in order to cover the transactions to be concluded on the	In case of non-payment of the invoice on the due date, the Buyer will be obliged to pay delay penalties, in the amount of 0.03% of the amount due, for each day of	Starting with the last calendar day of the contractual delivery month, but not later than the tenth calendar day (10th) of the month following deliveries, the Seller will send to the Buyer an invoice detailing the total quantities of

04 Nov 2019,					basis of the EFET	delay, starting with the first	electricity delivered, according to the
concluded on PC					contract no. 1561	day after the due date, until	Schedule of delivery from the previous
OTC					between	the due date, inclusively.	calendar month. Payment is made
					04.02.2020 until	The invoice issued for the	latest on the payment deadline written
					15.02.2022)	penalties due will become	on the invoice, respectively not later
						due within 5 calendar days	than 20 calendar days from the date of
						from the issuance.	receipt of the invoice, by fax or email,
							from the Seller.
					40,000	In case of non-payment of the invoice on the due date,	Starting with the last calendar day of the contractual delivery month, but not
Transaction ID					(the guarantee is	the Buyer will be obliged to	later than the tenth calendar day (10th)
40669 / 26 Oct					constituted in order	pay delay penalties, in the amount of 0.03% of the	of the month following deliveries, the Seller will send to the Buyer an invoice
2021, annex to	Sell and purchase				to cover the	amount due, for each day of	detailing the total quantities of
EFET contract	of electricity in the		26 October	31 March	transactions to be	delay, starting with the first	electricity delivered, according to the
No. 1561/19 Dec	period 01.01.2022	11,334.75	2021	2022	concluded on the	day after the due date, until	Schedule of delivery from the previous
2018 and AD 1 /	– 31.03.2022				basis of the EFET	the due date, inclusively.	calendar month. Payment is made
04 Nov 2019,					contract no. 1561	The invoice issued for the	latest on the payment deadline written
concluded on PC					between	penalties due will become	on the invoice, respectively not later
OTC					04.02.2020 until 15.02.2022)	due within 5 calendar days	than 20 calendar days from the date of
						from the issuance.	receipt of the invoice, by fax or email,
							from the Seller.
Beneficiary: SNN
					Provider: EFSA
						If the payer does not pay the
	Re-invoicing –			During the		value of the invoice within	The Provider issues the invoice to the
	pensioners energy			period GD		30 days from the due date,	Beneficiary until the 16th of the month
Contract 294 / 23	quota Equivalent value of			1041/2003 is		he owes the provider penalties equal to the level	following each month in which the
Aug 2004	electricity granted		23 August	in force, as it		of interest charged for late	electricity was invoiced to the
Contract R507 /	to individuals	21.93	2004	was	N/A	payment of debts to the	pensioners, called the reference month.
01 Aug 2011	benefiting from the			completed		state budget, for each day of	The payment of the invoice value will
AA 9 / 22.07.2021	provisions of			and modified		delay, starting with the first	be made by legal means, within the
	GD.1041/2003 and			by GD		day after maturity and until	maturity of 30 calendar days from the
	GD.1461/2003			1461/2003		full payment, including the	date of issue.
						day of payment.

Total executed amount during 6 August – 26 October 2021: RON 217,646.29 th Due and not due mutual receivables of EFSA to SNN at 25.10.2021: RON 6.60 th. Due and not due mutual debts of EFSA to SNN at 25.10.2021: 0 th