Soecietatea Energetica Electrica S.A.

Related Party Transaction • Dec 4, 2024

To: Romanian Financial Supervisory Authority (FSA)

Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, ASF Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 4 December 2024

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 3,395,530,040

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according to Art. 108 of Law No. 24/2017 concluded by Distributie Energie Electrica Romania SA (DEER) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion/execution, in the period 10 October – 4 December 2024 of some transactions between DEER and EFSA, Electrica's subsidiaries, whose cumulated value exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements at 30 June 2024, respectively exceeds the value of RON 200,247,479.

Details regarding these transactions, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in the Annex below.

CFO Stefan Frangulea

No	Transaction/ Agreement Type and Date	Scope of the transactions	Total amount (RON th)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
	Seller/Service provider: DEER Buyer/Beneficiary: EFSA
1	C19840/9Jun2021	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	175,230.38	1-Jul-2021	Indefinite	0.00	In case of non-fulfillment of payment obligations within 30 days from the due date of the invoice, the supplier will pay, in addition to the amount due, a penalty interest to this amount corresponding as a percentage of interest due for non-payment of obligations to the state budget), calculated for each day of delay starting with the first day after the due date until the day of payment (exclusively). The total value of the penalty interest may not exceed the value of the amount due.	The invoice is issued in the first 10 working days of the month for the previous month and is sent at the latest on the working day following the issuance of the invoice, by e-mail. Payment is made within 10 working days from the date of issuance / transmission of the invoice
2		Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator - other services as DO	1,448.09				In case the supplier does not pay the invoices related to the RED intervention services within 30 days from the due date, the DO will claim late penalties of 0.02% for each day of delay, calculated on the unpaid amount, starting with the first day after the due date, until the day of payment (exclusively). The value of the penalties cannot exceed the amount owed	Payment is made within 30 calendar days from the date of issuing the invoice
5	Conv. E12.2.59/ 8Mar2011- Oradea – utilities breakdown Oradea building -headquarters	Re-invoicing utilities expenses	45.02	1-Feb-2011	31 Dec 2023	0.00	Non-payment of the invoice within 30 days from the due date authorizes the lessor to request late-payment penalties equal to the late-payment penalties due for not paying the tax obligations to the state budget in due time, applied to the amount due for each day of delay, starting with day following the due date and until the date of settlement of the amount due, exclusively. The value of the penalties may not exceed the value of the outstanding debt.	Payment is made within 10 calendar days from the date of registration of the invoice to the tenant
3	C3215/11Jul2023	IT & C user support services, cyber security services, telecomm. services, IT & C infrastructure management services	0.00	11-Jul-2023	11 Jul 2024	N/A	see Note 4	Payment is made within 30 calendar days from the date of registration of the invoice to the
		Re-invoicing IT and Communication Services	0.00			N/A		lessee

Annex: Details regarding the transactions concluded by DEER with EFSA in the period 10 October - 04 December 2024 of the kind listed in Art. 108 of Law No. 24/2017

No	Transaction/ Agreement Type and Date	Scope of the transactions	Total amount (RON th)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
4	C 22/15Feb2018 C 61/04Apr2018 C 1466/27Mar2018 AD1 for C 22/15Feb2018 AD2 for C 22/15Feb2018 AD3 for C 22/15Feb2018 AD4 for C 22/15Feb2018 AD5 for C 22/15Feb2018 AD6 for C 22/15Feb2018 AD7 for C 22/15Feb2018 AA8 la C22/15Feb2018	Providing the representation service as the Party Responsible for Balancing	7,990.59	15-Feb-2018	Indefinite	N/A	see Note 5	The invoice will be paid by the provider/purchaser within 3 (three) financial days from the date of its receipt.
5	Convention HR_379702/11Dec2023	Reinvoicing utilities/services	0.46	11-Dec-2023	This agreement is valid for the duration of the utility and service provision contract concluded by DEER or until the beneficiary concludes a contract with utility providers and service providers.	N/A	Delay penalties of 0.02% (penalty interest corresponding to the interest due as a percentage of the interest due for non-payment of obligations to the state budget on time), calculated for each day of delay starting with the first day after the due date until the day of payment (exclusively) (Ordinance 13/2011)	The payment is made within 15 days from the date of registration of the invoices in the SPV, in the bank account entered in the xml file received.
6	Convention SB_131369/13May2024	Reinvoicing utilities/services	0.08	13-May-2024		N/A
5	Contract 352/2024 AD1/20.05.2024	Rent spaces	17.83	1-Jan-2024	Art.9 For the spaces represented in Annex 2, the rental period is 4 years, and for the spaces represented in Annex 3, the rental period is 6 months.	N/A	See Note 6	Art.14 The lessee undertakes to pay the counter value of the invoice, by bank transfer, within 10 working days from the date of registration of the invoice to the lessee. Art. 15 In addition to paying the rent, the lessee undertakes to pay, by the legal due date stipulated in art. 12, the bills representing the own consumption of utilities
		Reinvoicing utilities/services related to the rented premises	24.42	1-Jan-2024		N/A
		Rent spaces	0.07
6	PV acceptance no. 165220/31May2024	Reinvoicing utilities/services related to premises owned by DEER SA and occupied by EFSA without housing title	85.92	Indefinite	See Note 9	N/A	0.02% of the amount not paid on time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusively)	Payment term: 30 calendar days
9	Request no. 6050240603275	Issuing a connection notice	3.14	1-Oct-2024	Art 5.1. The contract enters into force on the date of signing and takes effect until the date of putting the last stage of the user installation under voltage, but not more than 3 months.	N/A	0.02% of the amount not paid on time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusively)	12 December 2024

No	Transaction/ Agreement Type and Date	Scope of the transactions	Total amount (RON th)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
10	Convention 335608/08.11.2024	Reinvoicing utilities/services	14.28	1-Jan-2024	This agreement is valid for the duration of the contract for the provision of utilities and services concluded by DEER SA or until the beneficiary concludes a contract with the utility suppliers and service providers.	N/A	0.02% (penalty interest corresponding as a percentage to the interest due for non-payment of obligations to the state budget on time), calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive) (Ordinance 13/2011)	Payment will be made within 15 days from the date of registration of invoices in SPV, to the bank account mentioned in the invoice.
11	PV 312879/22.10.2024	Countervalue for lack of use of space occupied by EFSA without tenancy title	40.68	10-Jan-2024	This PV will be valid and will apply after 30.10.2024 for the DEER spaces occupied by EFSA without a tenancy title, when calculating the value of the lack of use of the spaces, until the date of their effective release, recorded in a handover-receipt PV signed by both parties.	N/A	0.02% (penalty interest corresponding as a percentage to the interest due for non-payment of obligations to the state budget on time), calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive) (Ordinance 13/2011)	Payment is made within 30 calendar days from the date of invoice issuance.
	Seller/Service provider: EFSA Buyer/Beneficiary: DEER
10	Ctr. 22/15Feb2018 AD 4/16Dec2019 AD 5/31Dec2020 AD 6/1Feb2021 AD 7/3Jun2021	Providing the representation service as Balancing Responsible Party	7,699.59	1-Jan-18	Unlimited	N/A	See Note 2	Payment is made within 3 working days from the date of receipt of the invoice
11	Conv. 72/34/26Jan2017 - Cluj Conv. 13/02Feb2017 - Gherla Conv. 21/18Feb2010 - Oradea AD1/13Jul2018 AD2/01Mar2019 AD4/13Feb2019 for Rental contract 885/31Dec2015 AD3/31Aug2022	Reinvoicing common expenses	0.09	1-Jan-17	Unlimited	N/A	For delays in the payment of the invoice greater than 30 days from the due date, the lessor has the right to charge, and the lessee has the obligation to pay, late penalties in the amount of 0.03% applied to the amount due, for each day delay calendar, starting with the first day after the due date. The amount of the penalties cannot exceed the amount of the outstanding debt.	Payment is made within 10 days from the date of registration of the invoice to the Tenant
12	Contract 461/18.09.2024	Reinvoicing common expenses	3.25	1-Jan-24	1-Jan-25	N/A	N/A	Payment is made within 10 days from the date of registration of the invoice to the Tenant
13	Contract Natural Gas supply no. 15292085-GN/28 February 2022 AAD6/12Jun2024	Extension of the natural gas supply contract on the competitive active energy market	2.68	1-Mar-22	1-Apr-25	See Note 7	The party that does not perform its obligations under the contract by the due date is automatically in default without the need for notification. They also owe penalties equal to the interest due for non-payment of budget obligations on time for each day of delay, starting from the 16th day from the due date and until the invoice is paid in full. The value of the penalties cannot exceed the value of the invoice.	The payment of the issued invoices will be made, through legal instruments, within 30 days from their registration to the beneficiary.

No	Transaction/ Agreement Type and Date	Scope of the transactions	Total amount (RON th)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
14	AD 12 / 18Dec2023 at Electricity suply contract 189 / 27Mar2017	Extension of the electricity supply contract on the competitive active energy market, with a fixed value	9,347.18	1-Jun-17	31-Dec-24	See Note 1	See Note 3	The payment of the issued invoices will be made through legal instruments. The due date is 10 banking days from the date of the invoice. Grace period 30 calendar days from the due date
15	Contract 237 / 28May2024	Reinvoicing - energy quota for pensioners; Consideration for electricity granted to natural persons beneficiaries of the provisions of HG.1041/2003 and HG.1461/2003	7.94	1-Jan-24	1-Jan-25	N/A	If the beneficiary does not pay the counter value of the invoices within 30 calendar days from the established due date, the beneficiary owes the supplier penalties in the amount of 0.04% for each day of delay, starting with the 31st day from the due date and until full payment of the invoice. The value of the penalties cannot exceed the value of the amount paid.	The payment of the issued invoices will be made through legal instruments. The due date is 30 banking days from the date of issuing the invoice.
		Total executed during reporting period 10 October - 04 December 2024: RON 201,961.68 th
		Due and not due mutual debts of EFSA to DEER at 04 December 2024: RON 807,692.79 th
		Due and not due mutual debts of DEER to EFSA at 04 December 2024: RON 4,589.73 th
	Note 1						The supplier can condition the resumption of the electricity supply on the establishment of guarantees, if the customer does not pay the invoice and the due penalties in full within 15 days from the date of interruption of the
		electricity supply.
	Note 2	If, due to its exclusive fault, the Provider does not fulfill its obligations assumed by the contract, the Purchaser has the right to deduct from the tariff established by the contract, as penalties, an amount equivalent to a percentage of 1% of the monthly tariff of the established service (paragraph amended by AA 6/01 Feb 2021). AA 4/16 Dec 2019 If, upon express request, the negative invoices are not paid within 2 days, for each day of delay, penalties equal to the interest due for non-payment of budgetary obligations on time are due, starting from the 16 - the day. from the due date until full payment of the invoice. Otherwise (in the absence of a request), the payment/collection of the next invoice will be reduced. The amount of the penalties cannot exceed the amount of the invoice.
	Note 3	Art 8.2.(3) Non-payment of the invoice by the customer within a maximum of 5 days from the due date, incurs penalties for each day of delay, for unpaid due debts, late payment penalties will be calculated in the amount of 0 , 10% of these, for each day of delay, starting with the due date exclusively and up to and including the payment date. The total value of the penalties cannot exceed the value of the invoice.
	Note 4	Art.15.2 - Failure by the beneficiary to pay the invoices issued by the service provider within the established term, of the obligations provided for in art.15.l., shall entail the obligation of the service provider to pay penalties in the amount and under the conditions established in art.19 of the contract. Art 19.1 - If the service provider, through its own fault, fails to fulfil its obligations under the contract, then the beneficiary is entitled to claim, as penalties, an amount equivalent to a percentage rate of 0.03% for each day of delay, applicable to the value of the services not provided. Art 19.2 - If the beneficiary does not honour the invoices issued by the supplier within the time limits provided for in clause 15.l, then the provider is entitled to claim penalties of 0.03% per day of delay, calculated on the value of the amount not paid.
	Art. 16.1 If, due to its exclusive fault, the Provider fails to fulfill its obligations undertaken through the contract, the Purchaser has the right to deduct from the tariff established by the contract, an amount equal to a percentage of 1.5% of the established tariff conf of Annex 2. Art 16.2 If the Purchaser does not fulfill any payment obligation arising from the Contract, he has the obligation to pay as penalties an amount equivalent to a percentage of the unpaid payment. The percentage rate for each Note 5 day of delay is the interest due for non-payment of obligations for the state budget. Art 16.3 The same penalties as those stipulated in art 16.2 will be charged for any sums owed by the Purchaser based on the contract.
	Note 6	Art.18 In case of non-fulfillment of payment obligations when due, the lessee has the obligation to pay, as penalties, an amount equivalent to 0.02% of the amount not paid on time, for each day of delay, starting with the next day of the due date, up to and including the actual payment date. Art.19 For late fulfillment or non-fulfillment of the obligations assumed by this contract, the responsible party owes the injured party damages, within the limit of the damage caused, for the total or partial non-fulfillment of the obligations assumed by the contract
	Note 7 A guarantee is established in the situation where the buyer registers 5 days late payment, for 3 consecutive months. Art. 6. For the period 01.01.2024-30.04.2024, the value of the lack of use of the spaces was established according to Annex 1. Note 9