C.N.T.E.E. Transelectrica

AGM Information • Nov 9, 2015

Current report according to the provisions of Law 297/2004, the BSE Code and Regulation 1/2006 of CNVM Date of the report: 09 November 2015 Name of Issuer Company: National Power Grid Co. Transelectrica SA, managed in two tier system Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: Bucharest 3, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 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

DECISION No. 5 of the Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA of 09 November 2015

The Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA, managed under two-tier system, established and operating in accordance with the Romanian legislation, registered under number J40/8060/2000 with the National Office of the Commercial Register from Bucharest Tribunal, fiscal number 13328043, seated in Bucharest 1, Blvd. General Gheorghe Magheru no. 33, share capital subscribed and paid 733,031,420 Lei, which is divided into 73,303,142 nominative ordinary dematerialised shares of 10 Lei nominal value each, having assembled on 09/10 November 2015, at 10:00 h,

Attended by shareholders representing 63.74990% of the share capital and 63.74990% of the total voting rights,

Based on the provisions of the Company law 31/1990, republished, with later amendments and additions, of Law 297/2004 on the capital market, with later amendments and additions, of Regulations 1/2006 on issuers and operations with securities and 6/2009 on exercising certain shareholder rights in the general assemblies of trading companies of the National Securities Commission, issues the following

D E C I S I O N:

On the items in the agenda under nos. 1, 4, 5 and 6 as follows:

1. As regards item 1 in the agenda, certain amendments / additions to the model addendum for the mandate contracts of Supervisory Board members approved under Decision 3 of 29 April 2015 of the Shareholders' General Ordinary Assembly are not approved with the 'against' vote of shareholders representing 59.73721% of the total number of validly cast votes and the State representative is not mandated to sign the addendums to be concluded with the Supervisory Board members, according to the model proposed by the Supervisory Board under Notice 34457/21.09.2015.

2. As regards item 4 in the agenda, the State representative in the Shareholders' General Assembly, Mrs Claudia Baicu is mandated with the 'for' vote of shareholders representing 58.69205% of the total number of validly cast votes to sign on behalf of CNTEE Transelectrica SA the mandate contracts to be concluded with the two Supervisory Board members appointed under Decision no. 6/2015 of the Shareholders' General Ordinary Assembly.

3. As regards item 5 in the agenda, 26.11.2015 is approved with the 'for' vote of shareholders representing 63.72170% of the total number of validly cast votes as set date for registration of

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.

shareholders that will be touched by the effects of the Decision taken by the Shareholders' General Ordinary Assembly.

4. As regards item 6 in the agenda, the assembly chairman Mr Ion-Toni Teau is mandated with the 'for' vote of shareholders representing 63.72170% of the total number of validly cast votes to sign the Decision of the Shareholders' General Ordinary Assembly and the documents necessary to register such Decision of the Shareholders' General Ordinary Assembly with the Office of the Commercial Register from Bucharest Tribunal, as well as to publish it under legal terms. Mr Ion-Toni Teau can mandate other persons to carry out the publicity and registration formalities for the Decision of the Shareholders' General Ordinary Assembly.

Ion-Toni TEAU Executive Director General Directorate Chairman

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.

Current report according to the provisions of Law 297/2004, the BSE Code and Regulation 1/2006 of CNVM Date of the report: 09 November 2015 Name of Issuer Company: National Power Grid Co. Transelectrica SA, managed in two tier system Headquarters: Bucharest 1, Blvd. Magheru no. 33 Working location: Bucharest 3, Str. Olteni no. 2-4 Phone / fax numbers: 4021 3035 611 / 4021 3035 610 Single registration code: 13328043 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

DECISION No. 6 of the Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA of 09 November 2015

The Shareholders' General Ordinary Assembly of the National Power Grid Company Transelectrica SA, managed under two-tier system, established and operating in accordance with the Romanian legislation, registered under number J40/8060/2000 with the National Office of the Commercial Register from Bucharest Tribunal, fiscal number 13328043, seated in Bucharest 1, Blvd. General Gheorghe Magheru no. 33, share capital subscribed and paid 733,031,420 Lei, which is divided into 73,303,142 nominative ordinary dematerialised shares of 10 Lei nominal value each, having assembled on 09/10 November 2015, at 10:00 h,

Attended by shareholders representing 63.74990% of the share capital and 63.74990% of the total voting rights,

Based on the provisions of the Company law 31/1990, republished, with later amendments and additions, of Law 297/2004 on the capital market, with later amendments and additions, of Regulations 1/2006 on issuers and operations with securities and 6/2009 on exercising certain shareholder rights in the general assemblies of trading companies of the National Securities Commission, issues the following

D E C I S I O N:

On the items in the agenda under nos. 3, 5 and 6 as follows:

1.1. As regards item 3 in the agenda, Mr Costin Mihalache, Romanian citizen residing in Romania, Bucharest, district 6, born on August 23, 1968, is appointed member in the Supervisory Board with the 'for' vote of shareholders representing 59.71111% of the total number of the validly cast votes for a mandate identical as expiry date with the mandate of members elected under Decision 4/30.05.2013 of the AGOA, namely until 30.05.2017.

1.2. As regards item 3 in the agenda, Mr Dragos Corneliu Zachia - Zlatea is appointed member in the Supervisory Board with the 'for' vote of shareholders representing 58.68832% of the total number of the validly cast votes for a mandate identical as expiry date with the mandate of members elected under Decision 4/30.05.2013 of the AGOA, namely until 30.05.2017.

1. As regards item 5 in the agenda, 26.11.2015 is approved with the 'for' vote of shareholders representing 63.71997% of the total number of the validly cast votes as set date for registration of shareholders that will be touched by the effects of the Decision taken by the Shareholders' General Ordinary Assembly.

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. As regards item 6 in the agenda, the assembly chairman Mr Ion-Toni Teau is mandated with the 'for' vote of shareholders representing 63.71997% of the total number of the validly cast votes to sign the Decision of the Shareholders' General Ordinary Assembly and the documents necessary to register such Decision of the Shareholders' General Ordinary Assembly with the Office of the Commercial Register from Bucharest Tribunal, as well as to publish it under legal terms. Mr Ion-Toni Teau can mandate other persons to carry out the publicity and registration formalities for the Decision of the Shareholders' General Ordinary Assembly.

Ion-Toni TEAU Executive Director General Directorate Chairman

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.