Legal Proceedings Report • May 20, 2025
Legal Proceedings Report
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To: Bucharest Stock Exchange (BSE)
London Stock Exchange (LSE)
Romanian Financial Supervisory Authority (FSA)
Current report in compliance with the Law 24/2017, republished, on issuers of financial instruments and market operations, Regulation FSA no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code
Report date: 20 May 2025
Company name: Societatea Energetica Electrica S.A.
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: J2000007425408
Subscribed and paid in share capital: RON 3,395,530,040
Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE), London Stock Exchange (LSE)
Significant events to be reported: DEER Litigation – Case no. 37417/3/2024
Electrica informs the shareholders that its subsidiary, Distributie Energie Electrica Romania S.A. (DEER), has been introduced as a party in case no. 37417/3/2024 pending before the Bucharest Tribunal. This case was initiated by Romcab S.A., a company in insolvency, in the judicial reorganization stage, as plaintiff, and has SPEEH Hidroelectrica S.A. as the initial defendant.
We mention that the request of summons is not subject to the payment of the judicial stamp fee, as the applicant benefits from this exemption in the context of the insolvency proceedings.
The litigation is based on the tort civil liability for the alleged non-compliance with the performance indicators of the electricity distribution service, in accordance with the provisions of the Performance Standard approved by ANRE Order no. 46/2021.
Following the preliminary analysis of the application and in relation to the documents held by DEER (the request and grid connection permit, the grid connection certificate and the operating agreement), the following are found:
• the user has assumed as the duration of establishing the energy supply the period necessary to remedy the faults in the system;
The company will come back with additional relevant information, to the extent that the evolution of the judicial procedure will require it.
Contact: [email protected] ; +40 731 796 111
CEO Alexandru Chirita
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