Capital/Financing Update • Mar 21, 2023
Capital/Financing Update
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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: RON 3,464,435,970 www.electrica.ro

The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD).
The loan of RON 180 million, guaranteed by the parent company Electrica S.A., will support the financing of the operator's liquidity needs. DEER will continue its electricity distribution activity to Romanian consumers without interruptions and will also continue investments in the electricity network to ensure the integration of additional renewable energy production.
Alexandru Chiriță, CEO Electrica S.A.: "Given the strategy of diversifying the financing sources at the level of Electrica Group in the context of financing its current activity, pre-financing of the support scheme, but also the financing of the opportunities for business development and of the plans for further investment in the distribution network, the continuation of the partnership with EBRD allows us, through this new term loan with a maturity of 5 years, to refinance a part of the price difference of electricity for covering network losses, aligned with the recovery of this difference through tariffs as provided by GEO 153/2022. EBRD remains one of the strategic partners of Electrica Group, being with us since the listing".
Electrica Investor Relations E-mail: [email protected] Phone: +40 731 796 111
Chief Executive Officer Alexandru-Aurelian Chirita
Director Financiar Stefan Alexandru Frangulea
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