C.N.T.E.E. Transelectrica

Board/Management Information • May 22, 2018

To: Bucharest Stock Exchange – Operations with Issuers, Regulated Markets Department Financial Supervisory Authority – General Supervisory Directorate - Issuers Division

Date of communiqué: 21May 2017 Name of Issuer Company: CNTEE TRANSELECTRICA SA, Company managed in two-tier system Headquarters: Bucharest 1, Blvd Gheorghe Magheru no. 33 Working location: Bucharest 3, Str. Olteni no. 2-4 Phone / fax numbers: 004021 3035 611 / 021 3035 610 Single (fiscal) registration code: 13328043 Number in the Commercial Register: J40/8060/2000 Share capital subscribed and paid: 733,031,420 Lei Regulated market where the issued securities are transacted: Bucharest Stock Exchange

Important event to be reported: Directorate member mandate waiver

The National Power Grid Company "Transelectrica" S.A. informs shareholders and investors that, in compliance with the Mandate Contract no. C69/16.03.2018 and with those inscribed in the communication registered in the Company under no. 21522/18.05.2018, Mrs Georgeta – Corina POPESCU resignes from her position as Directorate Member within The National Power Grid Company "Transelectrica" S.A., starting from June 01st, 2018.

Adrian – Constantin RUSU

Executive Director General Directorate Chairman

Dan – Valeriu ARDELEAN 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.