Soecietatea Energetica Electrica S.A.

Related Party Transaction • Oct 1, 2021

National Storage Mechanism | Additional information

RNS Number : 7811N

Societatea Energetica Electrica SA

01 October 2021

To:                              Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

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, and the Bucharest Stock Exchange Code

Report date: 1 October 2021

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 3,464,435,970

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) 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), subsidiary of Societatea Energetica Electrica SA (Electrica) and OPCOM

Electrica informs its shareholders and investors about the conclusion, on 30 September 2021, of one transaction between DEER and OPCOM, that have a value that, cumulated with the rest of the transactions concluded/executed in the period 1 January - 30 September 2021 exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2020, respectively exceeds the value of RON 202,466,778.

Details regarding the transaction concluded on 30 September 2021, together with the rest of the transactions already concluded in the period 1 January - 30 September 2021, which led to exceeding the threshold, 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 Annex 1.

Chief Executive Officer                                                         

Georgeta Corina Popescu     

Annex 1: Details regarding the transactions concluded by DEER and OPCOM between 1 January - 30 September 2021 of the kind listed in Art. 108 of Law No. 24/2017

Agreement Type and No., execution date	Scope of transactions	Amount (RON th.)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
Provider: OPCOM Beneficiary: DEER
DEER no.124/T/10/ 6 Jan 2021 OPCOM no. 07/ 4 Jan 2021	Purchase of electricity - DAM	203,079.52	6 January 2021	undetermined	20,000	N/A	OPCOM S.A. issues the invoices with the date of the last day of the delivery month and sends them, electronically signed, by email, to the DAM Participants in the first three working banking days of the month following the delivery month. The payment is made daily by direct debiting the DEER  account. The DAM participant has the obligation to ensure the necessary funds in the current account opened with the Settlement Bank, in order to debit the amounts related to the value of the net payment obligations
Trading and administration tariffs - DAM	97.45	N/A	N/A	The invoice is sent electronically (by e-mail) in the first 3 working days of the month following the month in which the electricity sale / purchase transactions were made. Payment by bank transfer, with payment order, in maximum 5 working days from the date of receipt of the invoice. The invoice is considered paid on the date of registration of the payment in the bank statement of OPCOM
OPCOM no. 3020/20 Jan 2021	Trading and administration tariffs - IM	12.10	1 February	undetermined	N/A	N/A	The invoice is sent electronically (by e-mail) in the first 3 working days of the month following the month in which the electricity sale / purchase transactions were made. Payment by bank transfer, with payment order, in maximum 5 working days from the date of receipt of the invoice. The invoice is considered paid on the date of registration of the payment in the bank statement of OPCOM
DEER no. 107/S/10/ 6 Jan 2021 OPCOM no.8/4 Jan 2021	Purchase of electricity - PCCB NC	10.19	6 January 2021	undetermined	N/A	N/A	Payment is made by bank transfer, with payment order, in max. 5 working days from the date of receipt of the invoice. The invoice is considered paid on the date of registration of the payment in the bank statement of OPCOM
DEER no.82071/8 Oct 2015 OPCOM no. 558/2 Oct 2015 Add. 3, registred under no. DEER 21401/28 Jun 2021 OPCOM 30471/6 Jul 2021	Representation on the REMIT energy market (Reporting ACER wholesale energy contract details)	16.38	7 October 2015 6 July 2021	undetermined	N/A	N/A	The invoice is sent electronically (by email) monthly, in the first 5 working days of the month following the month for which the services are provided and will include 1/12 of the annual value of each tariff (to which VAT is added where appropriate). The payment of the invoice is made by the participant in the respective market, in full, through bank transfer, with payment order, in maximum 5 (five) working days from the date of receipt bill

Total executed amount during 1 January - 30 September 2021: RON 203,215.64 th

Due and not due mutual receivables of DEER to OPCOM at 29.09.2021: RON 0 th.

Due and not due mutual debts of DEER to OPCOM at 29.09.2021: RON 0 th.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCUAVURAVURRAA