Soecietatea Energetica Electrica S.A.

Major Shareholding Notification • Apr 12, 2022

Societatea Energetica Electrica S.A. 9, Grigore Alexandrescu str. 010621 District 1, Bucharest, Romania Phone: 021-208 59 99 Fiscal Registration Certificate RO 13267221 J40/7425/2000 Share capital: 3,464,435,970 RON www.electrica.ro

To: Bucharest Stock Exchange (BSE) London Stock Exchange (LSE) Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations and the Bucharest Stock Exchange Code

Report date: 12 April 2022

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 (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Notification of major holdings

Electrica informs the shareholders and investors that on 11 April 2022 the Company has received from NN Goup N.V., a Voluntary Notification as a result of the change in the shareholder structure, attached to this report, drafted according to the provisions of art. 74 para. (6) of Law no. 24/2017 on issuers of financial instruments and market operations.

Chief Executive Officer Georgeta Corina Popescu

POPESCU GEORGETA-CORINA Digitally signed by POPESCU GEORGETA-CORINA +03'00'

Date: 2022.04.12 18:14:55

Standard form for notification of major holdings

Notification of major holdings (to be transmitted to the relevant issuer and to the competent authority)

1. Identity of the issuer or issuer of existing supporting shares, to which voting rights are attached ' SOCIETATEA ENERGETICA ELECTRICA S.A. (ISIN: ROELECACNOR5)

2. Reasons for the notification (please tick the appropriate box or boxes:

[_] A purchase or disposal of voting rights

[_] Acquisition or disposal of financial instruments

[_] An event changing the distribution of voting rights

[X] Other (please specify): Voluntary notification due to change in shareholding structure/organogram

1. Details of the subject of the notification obligation ":

Name / Name: NN Group N.V. -	City and country of head office (if applicable)
52387534. Schenkkade 65. 2595 AS	The Hague, the Netherlands,

1. Full name / full name of the shareholders (if different / different from point 3)"

2. Fondul de Pensii Facultative NN ACTIV (administratorul de fonduri de fonduri de pensii facultative NN Asigurări de Viață S.A.);

3. Fondul de Pensii Facultative NN OPTIM (administratorul de fonduri de fonduri de pensii facultative NN Asigurări de Viață S.A);

4. · Fondul de Pensii Administrat Privat NN (administrat de către NN Pensii S.A.F.P.A.P. S.A.);

5. Date of lowering, reaching or exceeding the threshold (percentage of vote)": 11/04/2022

6. Total positions of persons subject to the notification obligation::

	% of the voting rights attached to the shares (the total in 7.A)	% of voting rights through financial instruments (total of 7.B.1 + 7.B.2)	The total of the two expressed percentage % (7.A + 7.B)	The total number of voting rights of the issuer vi v
The resulting situation, on the day it fell below, exceeded or reached the threshold	7,18%		7,18%	346.443.597
Position at previous notification date (if applicable)	6,09%		6,09%

7 . Information to be notified of the resulting situation, on the date when it was exceeded, fell below or reached the thresholdvii

A: Voting rights attached to the shares

	Number of voting rights"11		% of voting rights
Class / Type of shares ISIN code, as appropriate	Direct Art. 69 alin. (1)-(3) din Legea nr. 24/2017	Indirect Art. 70 din Legea nr. 24/2017	Direct Art. 69 alin. (1)-(3) din Legea nr. 24/2017	Indirect Art. 70 din Legea nr. 24/2017
ROELECACNOR5		24.890.080		7,18%
SUBTOTAL A	24.890.080		7,18%

instrument	date )	Type of financial Expiry date > ( due Conversion / Exercise can be acquired if Period *	The number of voting rights that the instrument is exercised / converted	% of voting rights
		SUBTOTAL B.1

B 2: Financial instruments with a similar economic effect according to art. 73 par. (1) lit. b) Law no. 24/2017

instrument	(due date)	Type of financial Expiry dateix Conversion / Exercise Physical or cash The number of Period *		settlement " voting rights of voting rights	%
			SUBTOTAL B.2

1. Information about the subject of the notification (please tick / tick the appropriate box)

[ _ ] The subject of the notification obligation is not controlled by any natural person or legal entity and does not control any entity (entities) that directly or indirectly has exposure to the underlying shares. *i

[ X ] The full chain of controlled people by virtue of which they actually hold voting rights and / or financial instruments, starting with the individual or the ultimate legal entity that controls them *"!

Name xiv	is equal to or higher than the threshold to be notified	% % of the voting rights if it of voting rights through financial instruments if it is equal to or higher than the threshold to be notified	The total of the two, if it is equal to or higher than the threshold to be notified
1.NN Group N.V.
2.NN Insurance Eurasia N.V.
3.NN Continental Europe Holdings B.V.
4.NN Asigurari de Viata S.A.
5a.Fondul de Pensii Facultative NN ACTIV (administrat de către administratorul de fonduri de pensii facultative NN Asigurări de Viață SA)
5b.Fondul de Pensii Facultative NN OPTIM (administrat de către administratorul de fonduri de pensii facultative NN Asigurări de Viață SA
1.NN Group N.V.
2.NN Insurance Eurasia N.V.

3.NN Continental Europe Holdings B.V.
4.NN Pensii S.A.F.P.A.P. S.A.
5.Fondul de Pensii Administrat Privat NN (administrat de către NN Pensii S.A.F.P.A.P. S.A.)	6,58%	6,58%

1. In the case of voting by a representative: [name / trustee's name] will cease to hold [% and number] voting rights from [date]

2. Suplimentary information **:

In Annex 1 an additional Organisational Chart has been provided to suppport section 8.

Drafted at The Hague on 11/04/2022

Jemy Gopal Compliance Officer

ﻪ

Pieter Thissen Manager Compliance