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Soecietatea Energetica Electrica S.A.

M&A Activity Feb 6, 2023

2280_iss_2023-02-06_4da8fa24-5cbe-4537-a283-87d1c08e9059.pdf

M&A Activity

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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 Code RO 13267221 J40/7425/2000 Share capital: 3,464,435,970 RON 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: 6 February 2023

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone no.: 004-021-2085999

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: Closing of the acquisition of the project company Green Energy Consultancy & Investments S.R.L.

Electrica informs the shareholders and investors that, on 6 February 2023, has closed the acquisition, from Mr. Vlad-Mihai Ungureanu and Mr. Tudor-Nicolae Ungureanu, of the project company Green Energy Consultancy & Investments S.R.L, having as main object of activity the production of energy from photovoltaic sources.

Green Energy Consultancy & Investments S.R.L. develops the photovoltaic project "Vulturu", with a designed installed capacity of 12 MWp DC (peak power at the panels level) and 9.75 MW AC (authorised power for delivery into the grid), located near Vulturu locality, Vrancea county. The project is in the "ready-to-build" phase.

The transaction in question is in line with the 2019-2023 Electrica Group strategy, which envisages the expansion in the value chain of electricity, especially in the power production from renewable energy sources.

Electrica informed the capital market on 6 July 2022 regarding the signing of the sales and purchase agreement for the acquisition of 100% of the shares in the Green Energy Consultancy & Investments S.R.L. company through the following announcements:

BSE - IRIS code 39643: https://www.bvb.ro/FinancialInstruments/SelectedData/NewsItem/EL-Semnare-acordcumparare-proiect-fotovoltaic-Vulturu/39643

LSE - RNS Number 5386R: https://www.londonstockexchange.com/news-article/ELSA/signing-of-spa-energyproduction-project-from-res/15528713

For more information, please contact Electrica at [email protected].

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