C.N.T.E.E. Transelectrica

Board/Management Information • May 7, 2018

Current report according to the provisions of Law no. 24/2017, CNVM Regulation no. 1/2006 and BVB Code Report date: May 4th, 2018 Name of the issuing entity: National Power Grid Company TRANSELECTRICA SA, Two-Tier Company Registered office: Bucharest, No. 33 Gen. Gheorghe Magheru Blvd., 1st district Operational office: Bucharest, No. 2 - 4, Olteni Street, 3rd district Telephone / fax: 021 30 35 611/021 30 35 610 Unique registration code: 13328043 LEI code: 254900OLXCOUQC90M036 Serial number in the Commercial Register: J40/8060/2000 Subscribed and Paid-up Share Capital: 733,031,420 Lei Trading regulated market for the issued securities: Bucharest Stock Exchange

Important event to be reported: -change of the Directorate Chairman

The National Power Grid Company "Transelectrica" hereby informs its shareholders and investors that, via Decision no. 38 from May 4th, 2018, the Board of Supervisors assigns the position of Directorate Chairman, alternatively called Executive General Manager or Chief Executive Officer – "CEO" at The National Power Grid Company "Transelectrica", starting with May 7th, 2018, to Mr. RUSU Adrian-Constantin.

Starting with May 7th, 2018, the position of Mrs. POPESCU Georgeta-Corina as Directorate Chairman, alternatively called Executive General Manager or Chief Executive Officer – "CEO" of The National Power Grid Company "Transelectrica" SA ceases.

Georgeta - Corina POPESCU Chief Executive Officer Directorate Chairman

Andreea – Georgiana FLOREA Directorate Member