Legal Proceedings Report • Dec 11, 2023
Legal Proceedings Report
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Current report in accordance with the provisions of Law No 24/2017, BSE Code and Regulation no. 5/2018 of FSA Date of the current report: December 11, 2023 Name of issuer Company: National Power Grid Transelectrica, managed under two tier system Headquarters: Bucharest 3rd district, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 RON 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
Following the information given in the curent report sent to the capital market institutions on January 27, 2023, the National Power Transmission Company "Transelectrica" informs the investing public on the fact that following the resolution of the arbitration request ARB-5724 Goicea Adrian (RO) vs. Transelectrica (RO), Vienna Arbitration Center by arbitral award has admitted the claims of Mr. Adrian Goicea (plaintiff) against the Company (defendant), as follows:
payment of the amount of 186,384 RON representing non – compete compensation according to mandate contract to which accessories are added;
payment of the amount of 605,748 RON representing termination compensation related to the fixed monthly gross allowances remaining until the end of the mandate contract, to which accessories are added;
payment of the amount of 46,596 RON representing the variable component according to mandate contract, to which accessories are added.
The Company was also forced to pay some arbitration costs and expenses.
Ștefăniță MUNTEANU Florin Cristian TĂTARU
Executive Director General Chief Executive Officer
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.


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