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C.N.T.E.E. Transelectrica

Legal Proceedings Report Feb 12, 2025

2299_iss_2025-02-12_40b65b5c-a608-44d0-9d63-210969a72b49.pdf

Legal Proceedings Report

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To: Bucharest Stock Exchange – Regulated Markets, Operations, Issuers Department Financial Supervision Authority – General Supervision Division – Issuers Division

Current report in accordance with the provisions of Law 24/2017, BSE Code and Regulation 5/2018 of FSA Date of the current report: February 11, 2025 Issuer Company Name:National Power Transmission Co.Transelectrica, managed under two tier system Headquarters: Bucharest 3rd district, Olteni street 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

Event to report – Litigation

In addition to the report from November 14, 2023, sent through capital market institutions, National Power Transmission Company Transelectrica informs the investing public that following the solution of the arbitration request ARB-5770 Burlacu Oleg (RO) vs. Transelectrica (RO), Vienna Arbitration Centre, through arbitral award has admitted claims of Mr. Burlacu Oleg (plaintiff) against the Company (defendant) as follows:

  • o payment of the gross amount of 46,596 RON representing the variable component of the remuneration for year 2020, to which accessories are added;
  • o payment of the gross amount of 89,050 representing the variable component of the remuneration for year 2021, to which accessories are added;

and has rejected the request regarding the payment of all taxes and fees related to the amounts given as variable component of the remuneration for years 2020 and 2021, on the moment of payment, by reporting to the claimed amounts. It has also rejected as groundless the request regarding the payment of the amount of 131,929 RON representing the difference of compensation related to fixed gross monthly indemnization for September 2022-September 2024, as a result of establishing the revocation without just cause by the arbitral award from 30.12.2022 in File ARB-56801 . The Company was also forced to pay its part in some arbitral costs and expenses.

Ștefăniță MUNTEANU Victor MORARU Cătălin-Constantin NADOLU
Executive Director General
Chief Executive Officer
Directorate Member Directorate Member
Vasile-Cosmin NICULA
Directorate Member
Florin-Cristian TĂTARU
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.

1 Information regarding arbitral award from 30.12.2022 related to arbitral request ARB 5680 was sent in the report sent through capital market institutions on January 6, 2023.

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