Soecietatea Energetica Electrica S.A.

Earnings Release • Mar 31, 2023

National Storage Mechanism | Additional information

RNS Number : 9818U

Societatea Energetica Electrica SA

31 March 2023

To:                              Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 31 March 2023

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 (BSE) and London Stock Exchange (LSE)

Significant events to be reported:

Information regarding the amending of the specific tariffs for the electricity distribution service applicable for Distributie Energie Electrica Romania S.A. (DEER), subsidiary of Societatea Energetica Electrica S.A. (Electrica)

Electrica informs the shareholders and investors about the fact that it has been published in the Official Gazette part I, no. 266 / 30.03.2023 the ANRE Order no. 27 / 29.03.2023, amending the specific tariffs for the electricity distribution service for Distributie Energie Electrica Romania S.A.

The new tariffs, applicable starting with 1 April 2023 are presented in the table below, compared to those applicable from 1 April 2022:

Concessionaire distribution operator	Voltage level	Specific tariff applicable starting 1 April 2022 (lei/MWh)	Specific tariff applicable starting 1 April 2023 composed from (5) + (6) (lei/MWh)	Principal component (lei/MWh)	Component related to additional costs with NL (lei/MWh)	Δ (4)-(3) (%)
(1)	(2)	(3)	(4)	(5)	(6)	(7)
DEER - Muntenia Nord area	High Voltage	23.35	31.23	29.20	2.03	33.7%
Medium Voltage	56.7	69.44	58.33	11.11	22.5%
Low Voltage	175.26	229.96	198.81	31.15	31.2%
DEER - Transilvania Nord area	High Voltage	23.77	29.09	26.94	2.15	22.4%
Medium Voltage	57.49	71.38	60.90	10.48	24.2%
Low Voltage	144.73	182.24	157.27	24.97	25.9%
DEER - Transilvania Sud area	High Voltage	24.63	28.48	26.85	1.63	15.6%
Medium Voltage	54.52	62.32	55.74	6.58	14.3%
Low Voltage	158.84	171.97	150.17	21.80	8.3%

The electricity distribution tariffs charged for invoicing are calculated by adding the specific tariffs for the electricity distribution service depending on the voltage in the point for delimitation of electric installations belonging to the concessionaire distribution operator from those belonging to the end consumer, as established under the electricity distribution agreement.

The income achieved from distributing electricity by the distribution operator within Electrica Group in 2023 will rely on the electricity distribution tariffs.

The ANRE Order related to the approval of the specific tariffs for electricity distribution service and of the price for reactive electricity for 2023 for Societatea Distributie Energie Electrica Romania S.A. is available, in electronic format, on the Company's website at https://www.electrica.ro/en/investors/results-and-reports/current-reports/.

Chief Executive Officer                                                                                 

Alexandru - Aurelian Chirita                                                           

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