C.N.T.E.E. Transelectrica

Board/Management Information • Dec 13, 2019

To the: Bucharest Stock Exchange – Department of Operations Issuers Regulated Markets Financial Supervision Authority - General Directorate Supervision - Issuers Division

Date of the report: December 13, 2019 Name of Issuer Company: CNTEE TRANSELECTRICA SA, company managed under 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 LEI Code: 254900OLXCOUQC90M036 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 report: appointment of provisional Directorate members

Taking into account the mandate of currrent Directorate members lawfully ends on December 20, 2019, the National Power Grid Company Transelectrica SA informs the shareholders and investors that at the December 13, 2019 reunion the Supervisory Board designated the following persons as provisional Directorate members beginning with December 21, 2019:

• Cătălin NIȚU
• Ionuț-Bogdan GRECIA
• Adrian MOISE
• Ioan FOLESCU
• Andreea-Mihaela MIU

The mandate is granted for 4 months, beginning with December 21, 2019, with possible extension on solid grounds for two more months. The mandate term will not exceed the ending date of the selection procedure for Directorate members of the National Power Grid Company Transelectrica SA according to the provisions of OUG 109/2011, if the procedure is completed within this interval.

In accordance with the provisions of article 23 para (1) from the Articles of association of the National Power Grid Company Transelectrica SA, the Supervisory Board elects Mr Cătălin NIȚU as Directorate Chairman, alternatively called Executive Director General or Chief Executive Officer – CEO – of the Company for the National Power Grid Company Transelectrica SA.

The appointment of Directorate members mentioned above will become effective on the signing date before the notary public of the mandate acceptance statement as member in the Directorate of the National Power Grid Company Transelectrica SA, but not earlier than December 21, 2019.

Claudia - Gina ANASTASE Adrian SAVU Executive Director General Directorate Chairperson

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.