C.N.T.E.E. Transelectrica

AGM Information • Mar 29, 2018

To the: Bucharest Stock Exchange – Department of Operations Issuers Regulated Markets Financial Supervision Authority - General Directorate Supervision - Issuers Division

Current report according to the provisions of Law no 24/2017, Regulation 1/2006 and BSE Code Date of the report: March 29, 2018 Name of the Issuer Company: National Power Grid Co. Transelectrica SA, managed under two tier system Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: no. 2-4, Olteni Street, Bucharest 3 Phone/fax number: 4021 3035 611/4021 3035610 Single Registration Code: 13328043 LEI Code: 254900OLXCOUQC90M036 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. 4 Of the Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA of 29 march 2018

The Shareholders' general ordinary assembly of the National Power Grid Company Transelectrica SA, managed under two-tier system, established and acting in accordance with the Romanian legislation, registered with the National Office of the Trade Register from Bucharest Tribunal under no. J40/8060/2000, fiscal code 13328043, having its headquarters in Bucharest City 1, Blvd. General Gheorghe Magheru 33, share capital subscribed and paid of 733,031,420 Lei, divided into 73,303,142 nominative ordinary dematerialised shares of 10 Lei nominal value each, having assembled on 29 march 2018, 10:00 h, Attended by shareholders representing 69,54992% of the share capital and 69,54992% of the total voting rights, in accordance with the provisions of the Company law 31/1990, republished, with later amendments and additions, of Law 24/2017 on the issuers of financial instruments and market operations, of Law 297/2004 on the capital market, with later amendments and additions, of the National Securities Commission's Regulations 1/2006 on issuers and security operations and 6/2009 on exercising certain shareholders' rights in the general assemblies of trading companies, issue the following

D E C I S I O N:

With respect to the agenda items under nos. 1, 2, 8 and 9 as follows:

1. Regarding item 1 on the agenda with the vote 'against' of the shareholders representing 95,09624% of the total valid casted vote, Mr. Mircea Leonard COMSA is not appointed member of The Supervisory Board of The National Power Grid Company Transelectrica SA.

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. 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.

2.1. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 90,58226% of the total valid casted vote, Mr. Cristian Eugen RADU is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.2. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 87,14423% of the total valid casted vote, Mr. Liviu ILAŞI is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.3. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 87,82508% of the total valid casted vote, Mr. Constantin DUMITRU is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.4. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 90,57808% of the total valid casted vote, Mr. Fănel MIHALCEA is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.5. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 87,14257% of the total valid casted vote, Mr. Ion CIUCULETE is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.6. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 87,14423% of the total valid casted vote, Mr. Gheorghe OLTEANU is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31st 2018.

2.7. Regarding item 2 on the agenda with the vote 'for' of the shareholders representing 90,58226% of the total valid casted vote, Mr. Alin–Sorin MITRICĂ is appointed as temporary member of The Supervisory Board of The National Power Grid Company Transelectrica SA beginning on March 31 st 2018.

1. Regarding item 8 in the agenda, 17 april 2018 is approved as set registration date of the shareholders that will be touched by the effects of the decision taken by the Shareholders' general ordinary assembly with the "for" vote of shareholders representing 100% from the total number of validly cast votes.

2. Regarding item 9 in the agenda, with the "for" vote of shareholders representing 100% from the total number of validly cast votes the assembly chairperson Georgeta Corina POPESCU is mandated to sign the Decision of the Shareholders' general ordinary assembly and the documents necessary to register and publish such Decision of the Shareholders' general ordinary assembly according to legal provisions. Georgeta Corina POPESCU can also mandate other persons to carry out the publicity and registration formalities for the Decision of the Shareholders' general ordinary assembly.

Georgeta - Corina POPESCU Florin – Cristian TĂTARU

Executive Director General Directorate Chairwoman

Directorate Member

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. 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.

Current report according to the provisions of Law no 24/2017, Regulation 1/2006 and BSE Code Date of the report: March 29, 2018 Name of the Issuer Company: National Power Grid Co. Transelectrica SA, managed under two tier system Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: no. 2-4, Olteni Street, Bucharest 3 Phone/fax number: 4021 3035 611/4021 3035610 Single Registration Code: 13328043 LEI Code: 254900OLXCOUQC90M036 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. 5 Of the Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA of 29 march 2018

The Shareholders' general ordinary assembly of the National Power Grid Company Transelectrica SA, managed under two-tier system, established and acting in accordance with the Romanian legislation, registered with the National Office of the Trade Register from Bucharest Tribunal under no. J40/8060/2000, fiscal code 13328043, having its headquarters in Bucharest City 1, Blvd. General Gheorghe Magheru 33, share capital subscribed and paid of 733,031,420 Lei, divided into 73,303,142 nominative ordinary dematerialised shares of 10 Lei nominal value each, having assembled on 29 march 2018, 10:00 h, Attended by shareholders representing 69,54992% of the share capital and 69,54992% of the total voting rights, in accordance with the provisions of the Company law 31/1990, republished, with later amendments and additions, of Law 24/2017 on the issuers of financial instruments and market operations, of Law 297/2004 on the capital market, with later amendments and additions, of the National Securities Commission's Regulations 1/2006 on issuers and security operations and 6/2009 on exercising certain shareholders' rights in the general assemblies of trading companies, issue the following

D E C I S I O N:

With respect to the agenda items under nos. 3, 4,5, 6, 8 and 9 as follows:

1. Regarding item 3 on the agenda with the vote 'for' of the shareholders representing 94,86851% of the total valid casted vote, it is established the mandate validity of the temporary managers to be of two months beginning on 31.03.2018, namely until 30.05.2018 but not later than the end of the selection procedure under the conditions of G.E.O. no 109/2011, if this will be completed in this period of time.

2. Regarding item 4 on the agenda with the vote 'for' of the shareholders representing 94,86851% of the total valid casted vote, it is approved the structure of the addendum for a two months continuation of the temporary members mandate as the one approved by the decision of the General Shareholders Assembly no 9/26.09.2017 and the Ministry of Economy's representative in the General Assembly of Shareholders is authorized to sign the structure of the addendum of the Board of Supervisors' provisional member.

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. 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.

1. Regarding item 5 on the agenda with the vote 'for' of the shareholders representing 91,26773% of the total valid casted vote, it is approved the remuneration of the temporary members of the Supervisory Board as the one approved by the decision of the A.G.O.A no 3/05.03.2018.

2. Regarding item 6 on the agenda with the vote 'for' of the shareholders representing 91,26773% of the total valid casted vote, it is approved the structure of the mandate contract for the new temporary members of the Supervisory Board as the one approved by the decision no 6/30.05.2017 of A.G.O.A and the Ministry of Economy's representative in the General Assembly of Shareholders is authorized to sign the mandate agreement of the Board of Supervisors' provisional member.

3. Regarding item 8 in the agenda, 17 april 2018 is approved as set registration date of the shareholders that will be touched by the effects of the decision taken by the Shareholders' general ordinary assembly with the "for" vote of shareholders representing 100% from the total number of validly cast votes.

4. Regarding item 9 in the agenda, with the "for" vote of shareholders representing 100% from the total number of validly cast votes the assembly chairperson Georgeta –Corina POPESCU is mandated to sign the Decision of the Shareholders' general ordinary assembly and the documents necessary to register and publish such Decision of the Shareholders' general ordinary assembly according to legal provisions. Georgeta-Corina POPESCU can also mandate other persons to carry out the publicity and registration formalities for the Decision of the Shareholders' general ordinary assembly.

Georgeta - Corina POPESCU Florin – Cristian TĂTARU

Executive Director General Directorate Chairwoman

Directorate Member

LANGUAGE DISCLAIMER: This document represents the English version of the original official Romanian document filed with the Financial Supervisory Authority ASF. 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.