C.N.T.E.E. Transelectrica

Report Publication Announcement • Aug 5, 2021

To the: Bucharest Stock Exchange – Department of Operations Issuers Regulated Markets Financial Supervision Authority - General Directorate Supervision - Issuers Division Date of current report: 05 August 2021 Name of Issuer Company: CNTEE TRANSELECTRICA SA, managed by two-tier system Headquarters: Bucharest 1, Blvd. Gheorghe Magheru 33 Working location: Bucharest 3, Str. Olteni 2-4 Phone / fax numbers: 021 30 35 611 / 021 30 35 610 Single registration code: 13328043 LEI code: 254900OLXCOUQC90M036 Number in the Trade Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 LEI Regulated market where the issued securities are transacted: Bucharest Stock Exchange

Event to report: Strategic projects to develop the Electricity Transmission Grid

The National Power Grid Company Transelectrica SA informs the interested public about the elaboration of an open list of strategic projects, which will enable turning flexible the Electricity Transmission Grid. The Company's proposal includes minimum 20 projects, some already underway and requiring expedited implementation:

• 1. The 400 kV Overhead Line (OHL) Portile de Fier Resita;
• 1. The 400 kV double circuit OHL Resita Timisoara Sacalaz Arad;
• 1. The 400 kV double circuit OHL Cernavoda Stalpu, with input / output circuit in Substation Gura Ialomitei;
• 1. The 400 kV double circuit OHL Smardan Gutinas;
• 1. The 400 kV OHL Gadalin Suceava;
• 1. The 400 kV OHL Suceava Balti (Republic Moldova);
• 1. The 400 kV OHL Medgidia Sud Constanta Nord;
• 1. The 400 kV OHL Isaccea Tulcea Vest;
• 1. Underground Electric Line (LES) Bucharest Sud Grozavesti;
• 1. The 400 kV LES Domnesti Grozavesti;
• 1. The 400/110 kV Substation Grozavesti;
• 1. Closing the 400 kV ring Bucharest Ilfov, in the eastern zone;
• 1. Remaking the conductors of the 400 kV OHL Bucharest Sud Gura Ialomitei;
• 1. Remaking the conductors of the 400 kV axis Bucharest Sud Pelicanu Cernavoda;
• 1. Remaking the conductors of the 220 kV axis Gutinas Dumbrava Stejaru Gheorgheni – Fantanele – Ungheni;
• 1. Remaking the conductors of the 220 kV axis Urechesti Targu Jiu Nord Paroseni – Baru Mare – Hasdat;
• 1. Remaking the conductors of the 220 kV OHL Portile de Fier Resita, circuits 1 & 2;
• 1. Converting the 220 kV axis Brazi Vest Teleajen Stalpu to 400 kV and remaking its conductors;
• 1. The 400 kV OHL Stalpu Brasov;

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. New lines of alternating & direct current discharging the on-shore and off-shore wind output of Dobrogea region, namely the output generated by Unit 3 and Unit 4 of the Nuclear Power Plant Cernavoda, along the Tuzla – Podisor and Podisor – Corbu – Hurezani – Hateg – Recas – Horia – Nadlac routes;

The current development of the Electricity Transmission Grid (RET) requires expediting the stages of power infrastructure projects with a view to provide gradual transition to neutral economy in terms of carbon emissions. To reconfigure the power system and the electricity transmission network in accordance with the new lines established in the European legislative packages Green Deal and Fit for 55, the achievement targets of investment plans implemented by CNTEE Transelectrica SA should exceed those already planned. The energy transition requires fast adaptation of the electricity transmission grid and its enhanced extension as provided in the 2020 – 2029 RET Development Plan.

In this context Romania's Government has recently approved, upon proposal from the Secretariat General of Government, the coordinating public authority of CNTEE Transelectrica SA, a Memorandum including a Company Action Plan providing essential investment projects for the consolidation of the electricity transmission network.

In addition several meetings have been organised lately with the representatives of the Secretariat General of Government, the Ministry of Energy and CNTEE Transelectrica SA. Discussions led to the common conclusion with respect to the need to simplify the implementation of projects of national importance in the electricity domain.

In this respect both public central authorities and CNTEE Transelectrica SA will proceed in the near future to take steps and expedite the accomplishment of the fore-mentioned projects so that Romania can reach its European objectives in the 2030 – 2050 time horizons.

Bogdan TONCESCU Adrian MORARU

Executive Director General Directorate Chairman

Directorate Member