C.N.T.E.E. Transelectrica

AGM Information • Mar 28, 2016

Current report according to the provisions of Law 297/2004, the BSE Code and Regulation 1/2006 of CNVM Date of the report: 28 March 2016 Name of Issuer Company: National Power Grid Co. Transelectrica SA, managed in two tier system Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: Bucharest 3, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 Number in the Commercial Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 RON Regulated market where the issued securities are transacted: Bucharest Stock Exchange

DECISION No. 1 of the Shareholders's General Ordinary Assembly of the National Power Grid Company Transelectrica SA of 28 March 2016

The Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA, governed under two-tier system, established and operating in accordance with the Romanian legislation, registered under no. J40/8060/2000 with the National Office of the Commercial Register from Bucharest Tribunal, CUI 13328043, having its headquarters in Bucharest City 1, Blvd. General Gheorghe Magheru 33, share capital subscribed and paid 733,031,420 Lei, divided into 73,303,142 nominative ordinary dematerialised shares of 10 Lei nominal value each, having assembled on 28 March 2016, 11:00 h,

attended by shareholders representing 71.07636% of the share capital and 71.07636% of the total voting rights,

based on the provisions of the Company law 31/1990, republished, with later amendments and additions, of Law 297/2004 on the capital market, with later amendments and additions, of Regulations 1/2006 on issuers and security operations and 6/2009 on the exercise of certain shareholder rights in the general assemblies of trading companies, of the National Securities Commission, issue the following

D E C I S I O N:

About the issues in the agenda from items nos. 1, 2, 3, 4 and 5 as follows:

• 1. As regards item 1 in the agenda, approving with the 'for' vote of shareholders representing 69.68574% of the total number of validly cast votes the Investment plan for 2016 financial year and the 2017 & 2018 estimates.
• 2. As regards item 2 in the agenda, approving with the 'for' vote of shareholders representing 69.61691% of the total number of validly cast votes the 2016 Revenue and expense budget of CNTEE Transelectrica SA, as well as the 2017 and 2018 estimates.
• 3. As regards item 3 in the agenda, approving with the 'for' vote of shareholders representing 71.04908% of the total number of validly cast votes the dividend distribution policy of CNTEE Transelectrica SA.
• 4. As regards item 4 in the agenda, approving 14 April 2016, with the 'for' vote of shareholders representing 71.07636% of the total number of validly cast votes, as set registration date for the shareholders that will be touched by the effects of the Decision taken by the Shareholders' General Ordinary Assembly.
• 5. As regards item 5 in the agenda, mandating with the 'for' vote of shareholders representing 71.07636% of the total number of validly cast votes the assembly chairman Mr Ion-Toni TEAU to sign the Decision of the Shareholders' General Ordinary Assembly and the documents necessary for the registration and publication of such Decision of the Shareholders' General Ordinary Assembly with the Office of the Commercial Register from Bucharest Tribunal, and for its publication as per legal provisions. Mr Ion-Toni TEAU can also mandate other persons to carry out the publicity and registration formalities for the Decision of the Shareholders' General Ordinary Assembly.

Ion-Toni TEAU Executive Director General Directorate Chairman

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Romanian National Securities Commission CNVM. The English version has been created for English readers' convenience. Reasonable efforts have been made to provide an accurate translation, however, discrepancies may occur. The Romanian version of this document is the original official document. Any discrepancies or differences created in the translation are not binding. If any questions arise related to the accuracy of the information contained in the English version, please refer to the Romanian version of the document which is the official version.