Soecietatea Energetica Electrica S.A.

M&A Activity • Dec 7, 2021

Societatea Energetica Electrica S.A. 9, Grigore Alexandrescu str. 010621 District 1, Bucharest, Romania Phone: 021-208 59 99; Fax: 021-208 59 98 Fiscal Registration Certificate RO 13267221 J40/7425/2000 Share capital: 3.464.435.970 LEI 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, and the Bucharest Stock Exchange Code

Report date: 7 December 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 (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Signing of sales and purchase agreement for the acquisition of shares in one project company regarding the production of energy from renewable sources

Electrica informs the shareholders and investors that, on 7 December 2021, signed, as buyer, with Mr. Emanuel Muntmark and with Mr. Catalin Mrejeru, as sellers, a shares sales and purchase agreement ("SPAs") in one project company having as main object of activity the production of energy from renewable sources.

The SPA concerns the acquisition of 100% of the shares of Foton Power Energy S.R.L, wholly owned by the sellers, for an estimated total price of EUR 4,262,500. The final price will be determined by adjusting the total estimated price depending on the production capacity, respectively the authorized storage, based on a contractually established calculation formula. Foton Power Energy S.R.L. develops the photovoltaic project "Bihor 1", with a designed installed capacity of 77.5 MW, located near Oradea city.

The SPAs stipulate the acquisition by Electrica of company's shares and the payment of the corresponding price in four stages, structured according to the development stage of the project and the fulfillment of certain conditions precedent.

The transaction in question is part of the Electrica Group's strategy established for the period 2019-2023, which also envisages the expansion of the value chain of electricity, especially in the power production from renewable energy sources.

CEO Georgeta Corina Popescu