Soecietatea Energetica Electrica S.A.

M&A Activity • Feb 12, 2021

To: Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

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

Report date: 12 February 2021

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 (BVB) and London Stock Exchange (LSE)

Significant events to be reported: Transactions with related parties according to Art. 92³para (12) of Law No. 24/2017 concluded by Distributie Energie Electrica Romania SA (DEER) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 11 February 2021, of a transaction between DEER and EFSA, Electrica's subsidiaries, that has a value that, cumulated with the rest of the transactions concluded/executed in the period 1 January-11 February 2021, exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, respectively exceeds the value of RON 199,406,795.

Details regarding the transaction concluded on 11 February 2021 which led to exceeding the aforementioned threshold, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.

Details regarding the rest of the transactions already concluded in the period 1 January-11 February 2021, which, individually or cumulatively, did not meet the requirement provided in art. 92³ para. (3) of Law no. 24/2017, but which cumulated with the transaction presented in Annex 1 lead to exceeding the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, are presented in Annex 2.

Chief Executive Officer Georgeta Corina Popescu

Annex 1: Details regarding the transactions concluded by DEER and EFSA on 11 February 2021 of the kind listed in Art. 92³ of Law No. 24/2017 Services provider: DEER-TN Beneficiary: EFSA

Agreement Type and No., execution date	Scope of transactions	Amount of transactions (RON th.)	Invoice Number / Date	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
103 / 10 Mar 2016	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	36,410.65	AFFTN9710008564 /11.02.2021	1 April 2016	N/A	N/A	In case of not fulfilling the payment obligations within 30 days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive). The total value of the penalty interest may not exceed the value of the amount due.	Issuance of the invoice with the payment amount for the concluded contractual month is made in the first 10 working days of the month following each contractual month. Payment is made within 10 working days from the date of issuing the invoice, in case of its communication by e-mail, or within 10 days from the date of sending the invoice, otherwise.
	Transactions total amount (RON th.):	36,410.65

Due and not due mutual debts of EFSA to DEER at 10.02.2020: RON 183,450.38 th. Due and not due mutual debts of DEER to EFSA at 10.02.2020: RON 4,226.8 th.

Annex 2:

Details regarding the transactions concluded by DEER and EFSA in the period 1 January – 11 February 2021 of the kind listed in Art. 92³ of Law No. 24/2017

Agreement Type and No., execution date	Scope of transactions	Amount between 1.01 - 11.02.2021 (RON th.)	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties	Payment due dates and payment methods
	Services provider: DEER-TN Beneficiary: EFSA
22/15 Feb 2018; Add. 5/31 Dec 2020 and Concession Contract 61/4 Apr 2018	Providing the representation service as Balancing Responsible Party	518.95	1 January 2018	31 December 2021 with the possibility of extension ipso jure and without fulfilling any formality, for periods of 12 months, if neither party requests the termination of the contract at least 30 calendar days before its expiration	N/A	If the purchaser does not fulfill, partially or totally, any payment obligation, he has the obligation to pay, as penalties, an amount equivalent to a percentage of the unpaid payment. The percentage for each day of delay, until the actual fulfillment of payment obligations is that of interest due for not paying the obligations to the state budget in due time, applied starting with the first day after the due date until the day of payment (exclusive).	Payment is made within 3 working days from the date of receipt of the invoice
30275/30 Sept 2015			1 October 2015			In case of not fulfilling the payment obligations within 30	Issuance of the invoice with the payment amount for the
33802/1 Jul 2015	Providing electricity distribution service by		1 July 2015			days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest	concluded contractual month is made in the first 10
43670/17 Nov 2015	the distribution operator for users, end customers of the supplier, whose 147.95 installations are connected to the electricity network of the distribution operator	1 December 2015			corresponding as a percentage of interest due for not paying the	working days of the month following each contractual
426/SM/30 Dec 2015		1 January 2016	N/A	N/A	obligations to the state budget in due time, calculated for each day of delay starting with the first day	month. Payment is made within 10 working days from the date of issuing the
10019 BN/1 Oct 2015		1 October 2015			invoice, in case after the due date until the day of payment (exclusive). The total value of the penalty interest may of sending the not exceed the value of the otherwise. amount due.	of its communication by e-mail, or within 10 days from the date
71107/11 Aug 2015		1 September 2015				invoice,

32476/9 Dec 2015			1 January 2016			In case of not fulfilling the payment obligations within 30	Issuance of the invoice with
33799/1 Jul 2015	Providing electricity distribution service by		1 July 2015			days from invoice's due date, the supplier will pay, in addition to	the payment amount for the concluded contractual month is made in the first 10
43264/20 Oct 2015	the distribution operator for users, end customers of the		1 November 2015			the amount due, a penalty interest corresponding as a percentage of interest due for not paying the	working days of the month following each contractual
425/SM/23 Dec 2015	supplier, whose installations are	696.17	1 January 2016	N/A	N/A	obligations to the state budget in due time, calculated for each day the date of issuing the of delay starting with the first day invoice, in case after the due date until the day of communication by e payment (exclusive). The total	month. Payment is made within 10 working days from
10018 BN/1 Jul 2015	connected to the electricity network of the distribution operator		1 July 2015				of its -mail, or
70866 /1 Jul 2015			1 July 2015			value of the penalty interest may not exceed the value of the amount due.	within 10 days from the date of sending the invoice, otherwise.
103 / 10 Mar 2016	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	40,813.16	1 April 2016	N/A	N/A	In case of not fulfilling the payment obligations within 30 days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive). The total value of the penalty interest may not exceed the value of the amount due.	Issuance of the invoice with the payment amount for the concluded contractual month is made in the first 10 working days of the month following each contractual month. Payment is made within 10 working days from the date of issuing the invoice, in case of its communication by e -mail, or within 10 days from the date of sending the invoice, otherwise.
	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator - other services as DO	10.50				If the supplier does not pay the invoices related to the EDN intervention services within 30 days from the due date, the distribution operator will claim delay penalties of 0.01% for each day of delay, calculated at the unpaid amount, starting with the first day after the due date, until the day of payment (exclusively). The value of the penalties may not exceed the amount due.	Payment is made within 30 calendar days from the date of issuing the invoice

Convention 50277/22 Feb 2016; AD 53229 A/20 Oct 2020 – Bistrita		10.36	1 January 2016
Convention 30728/22 Feb 2016, AD. 4/56021/7 Oct 2020 – Oradea		4.19	1 January 2016			For delays in the payment of the invoice of more than 30 days from the due date, the lessor has
Convention 60380/22 Feb 2016, AD SM 63761A/ 16 Dec 2020 - Satu Mare		14.14	1 January 2016			the right to charge, and the lessee has the obligation to pay late payment penalties of 0.03% applied to the amount due for
Convention 1193/9 Jan 2017, AD3/21 Sept 2019 - Baia Mare		6.53	1 January 2017			each calendar day of delay, starting with the first day after due date. The value of the penalties will not exceed the
Convention 17/ 28		11.95	1 March 2019			value of the outstanding debt	Payment is made within 10
Feb 2019 - Cluj Convention 70022/5 Jan 2017, AD 71117A/1267/18 Jul 2018 - Zalau	Re-invoicing utilities expenses	1.53	1 January 2017	31 decembrie 2023	N/A		calendar days from the date of registration of the invoice to the tenant
Convention E12.2.59/8 Mar 2011 – Oradea – utilities breakdown FEE Oradea building - headquarters		5.65	1 February 2011			Non-payment of the invoice within 30 days from the due date authorizes the lessor to request late-payment penalties equal to the late-payment penalties due for not paying the tax obligations to the state budget in due time, applied to the amount due for each day of delay, starting with day following the due date and until the date of settlement of the amount due, exclusively. The value of the penalties may not exceed the value of the

487/29 Aug 2007; AD 45/29 Dec 2020	Communications 33.11 services					In case of not fulfilling the payment obligations, the beneficiary will pay in addition to the amount due a penalty to this amount, corresponding as	Payment is made within 30 working days from the date of registration of the invoice by
	Re-invoicing communications services	19.89	1 August 2007	30 June 2021	N/A	percentage to the interest due for not paying the obligations to the state budget in due time, for each day of delay until the payment date (exclusive). The total value of the penalties may not exceed the value of the amount due.	the beneficiary. Payment of invoices can also be made by compensation in compliance with the legislation in force.
489/29 Aug 2007; AD 48/29 Dec 2020 (contract extension for the period 1 January 1 – 30 June 2021)	IT Services Contract with fix price	Amount to be executed starting 1 Jan 2021: 374.51	1 August 2007	30 June 2021	N/A	In case of not fulfilling the payment obligations, the beneficiary will pay in addition to the amount due a penalty to this amount, corresponding as percentage to the interest due for not paying the obligations to the state budget in due time, for each day of delay until the payment date (exclusive). The total value of the penalties may not exceed the value of the amount due.	Issuance of the invoice with the amount to be paid for the concluded contractual month is made in the first 10 days of the month following each contractual month. Payment is made within 30 calendar days from the date of registration of the invoice by the beneficiary, at the bank and in the Provider's account.
817/30 Dec 2015; AD 11/6 Jan 2021 (increase of the rent. The initial value was published in the current report dated 11 September 2020)	Building rental services Contract with fix price	Amount to be executed starting 1 Jan 2021: EUR 379.18 th.	1 January 2016	31 December 2023	N/A	Non-payment of rent at due date authorizes the lessor to receive late-payment penalties equal to the late-payment penalties due for not paying the tax obligations to the state budget in due time, applied to the amount due for each day of delay, starting after the due date and until the date of settlement of the amount due, exclusively. The value of the penalties may not exceed the value of the outstanding debt.	Payment is made within 10 days from the date of registration of the invoice to the tenant.

Services provider: DEER-TS
				Beneficiary: EFSA
C-3831/D/700/15 Mar 2016 and AD 8/18 Jun 2020	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	70,370.15	1 April 2016	N/A	N/A	In case of not fulfilling the payment obligations within 30 days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive). The total value of the penalty interest may not exceed the value of the amount due.	Issuance of the invoice with the payment amount for the concluded contractual month is made in the first 10 working days of the month following each contractual month. Payment is made within 10 working days from the date of issuing the invoice, in case of its communication by e-mail, or within 10 days from the date of sending the invoice, otherwise.
C-3831/D/700/ 15 Mar 2016 and AD 2/1 Aug 2016	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator - other services as distribution operator	6.96				If the supplier does not pay the invoices related to the EDN intervention services within 30 days from the due date, the distribution operator will claim delay penalties of 0.01% for each day of delay, calculated at the unpaid amount, starting with the first day after the due date, until the day of payment (exclusively). The value of the penalties may not exceed the amount due.	Payment is made within 30 calendar days from the date of issuing the invoice.

C-12310/D/700/29 Jul 2015			1 August 2015			In case of not fulfilling the payment obligations within 30	Issuance of the invoice with the payment amount for the
C-12445/D/700/30 Jul 2015	Providing electricity distribution service by the distribution		1 August 2015			days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest	concluded contractual month is made in the first 10 working days of the month
C-16355/D/700/30 Sept 2015	operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	104.96	1 October 2015	N/A	N/A	corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day	following each contractual month. Payment is made
C-22054/D/700/21 Dec 2015			1 January 2016				within 10 working days from the date of issuing the invoice, in case of its
C-22271/D/700/23 Dec 2015			1 January 2016			after the due date until the day of payment (exclusive). The total	communication by e-mail, or within 10 days from the date
C-22578/D/700/29 Dec 2015			1 January 2016			value of the penalty interest may not exceed the value of the amount due.	of sending the invoice, otherwise.
C-14893/D/700/9 Sept 2015			10 September 2015			In case of not fulfilling the payment obligations within 30 days from invoice's due date, the	Issuance of the invoice with the payment amount for the
C-16091/D/700/28 Sept 2015	Providing electricity distribution service by the distribution operator for users, end customers of the		28 September 2015	N/A	N/A	supplier will pay, in addition to the amount due, a penalty interest working days of the month corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day invoice, in case after the due date until the day of payment (exclusive). The total	concluded contractual month is made in the first 10
C-22046/D/700/21 Dec 2015			1 January 2016				following each contractual month. Payment is made
C-22050/D/700/21 Dec 2015	supplier, whose installations are connected to the	802.67	1 January 2016 1 January 2016				within 10 working days from the date of issuing the
C-22255/D/700/22 Dec 2015	electricity network of the distribution						of its communication by e-mail, or within 10 days from the date
C-22562/D/700/29 Dec 2015	operator		1 January 2016			value of the penalty interest may not exceed the value of the amount due.	of sending the invoice, otherwise.
C - 1782/S/7000/31 Jan 2018, C - 6153/N/7000/23 Mar 2018, AD 6 - C32219/S/7000/22 Dec 2020	Providing the representation service as Balancing Responsible Party	363.12	1 February 2018	31 December 2020 - the invoiced amounts refer to the services provided until 31 December 2020; starting with 1 January 2021, the contract terminated	N/A	If the purchaser does not fulfill, partially or totally, any payment obligation, he has the obligation to pay, as penalties, an amount equivalent to a percentage of the unpaid payment. The percentage for each day of delay, until the actual fulfillment of payment obligations, is that of interest due for not paying the obligations to the state budget in due time, applied starting with the first day	Payment is made within 3 working days from the date of receipt of the invoice

						after the due date until the day of
						payment (exclusive)
		Amount to				In case of not fulfilling the
	Building rental	be executed				payment obligations on the due
	services	starting 1				date, the tenant has the obligation	Payment is made within 10
C-1345/I/7000/23 Jan		Jan 2021:				to pay, as penalties, an amount	working days from the date of registration of the invoice by
2019; AD2/18 Dec	Contract with fix price	EUR	1 January 2019	31 December 2023	N/A	equivalent to 0.02% of the unpaid
2020 (rent decrease)		1,374.59 th				amount on time, for each day of	the tenant.
	Re-invoicing buildings					delay, starting with the next day
	rental services	44.62				after the due date until actual
						payments.
						If the beneficiary does not pay the
						invoices until the due date, he has
						the obligation to pay, as penalties,
	Telecommunications					an amount equivalent to the
	services	14.11	14 September	30 June 2021		percentage of interest due for not	Payment is made within 10 working days from the date of
C-320/14 Sept 2007;						paying the obligations to the state
			2007		N/A	budget in due time, to the amount
AD54/30 Dec 2020						not paid on time for each day of	registration of the invoice by
		Re-invoicing				delay starting with the next day of	the Beneficiary
						the due date until the date of the
						actual payment, inclusive. The
	telecommunications	2.46				amount of the penalties may not
	services					exceed the amount on which it is
						calculated.
						If the beneficiary does not pay the
						invoices until the due date, he has
						the obligation to pay, as penalties,
						an amount equivalent to the
						percentage of interest due for not	Payment is made within 10
C-319/14 Sept 2007;						paying the obligations to the state	working days from the date
AD52/23 Dec 2020	IT services	99.84	1 August 2007	30 June 2021	N/A	budget in due time, from the	of registration of the invoice
						unpaid amount for each day of	by the Beneficiary
						delay starting with the next day of
						the due date until the date of the
						actual payment. The amount of
					the penalties may not exceed the
							amount on which it is calculated.

	Services provider: DEER-MN Beneficiary: EFSA
21/15 Feb 2018; AD 6/24 Dec 2020	Providing the representation service as Balancing Responsible Party	1,197.50	1 February 2018	31 December 2020 - the invoiced amounts refer to the services provided until 31 December 2020; starting with 1 January 2021, the contract terminated	N/A	If the purchaser does not fulfill, partially or totally, any payment obligation, he has the obligation to pay, as penalties, an amount equivalent to a percentage of the unpaid payment. The percentage for each day of delay, until the actual fulfillment of payment obligations, is that of interest due for not paying the obligations to the state budget in due time, applied starting with the first day after the due date until the day of payment (exclusive)	Payment is made within 3 working days from the date of receipt by email / fax
R102263/30 Mar 2016	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator	41,682.53	1 April 2016	N/A	N/A	In case of not fulfilling the payment obligations within 30 days from invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest corresponding as a percentage of interest due for not paying the obligations to the state budget in due time, calculated for each day of delay starting with the first day after the due date until the day of payment (exclusive). The total value of the penalty interest may not exceed the value of the amount due.	Issuance of the invoice with the payment amount for the concluded contractual month is made in the first 10 working days of the month following each contractual month. Payment is made within 10 working days from the date of issuing the invoice, in case of its communication by e-mail, or within 10 days from the date of sending the invoice, otherwise.
	Providing electricity distribution service by the distribution operator for users, end customers of the supplier, whose installations are connected to the electricity network of the distribution operator - interventions in the	4.06				If the supplier does not pay the invoices issued by the distribution operator within 30 days from the due date, the distribution operator will claim delay penalties of 0.01% for each day of delay, calculated at the unpaid amount, starting with the first day after the due date, until the day of payment (exclusively). The value of the penalties may not exceed the amount due.	Payment is made within 30 days from the date of issuing the invoice.

	distribution network (EDN)
R107203/28 Jul 2015	Providing electricity	63.73				In case of not fulfilling the payment obligations within 30 days from	Issuance of the invoice with the payment amount for the
R106538/7 Jul 2015	distribution service by the distribution	10.01		N/A		invoice's due date, the supplier will pay, in addition to the amount due,	concluded contractual month is made in the first 10
R107111/27 Jul 2015	operator for users, end customers of the	6.23	1 August			a penalty interest corresponding as a percentage of interest due for not paying the obligations to the state	working days of the month following each contractual month. Payment is made
R106673/11 Jul 2015	supplier, whose installations are connected to the	11.48	2015		N/A	budget in due time, calculated for each day of delay starting with the	within 10 working days from the date of issuing the
R107426/31 Jul 2015	electricity network of the distribution	27.27				first day after the due date until the day of payment (exclusive). The	invoice, in case of its communication by e-mail,
R107421/31 Jul 2015	operator	16.58				total value of the penalty interest may not exceed the value of the amount due.	or within 10 days from the date of sending the invoice, otherwise.
R112651/16 Dec 2015		25.53	1 January 2016			In case of not fulfilling the payment obligations within 30 days from	Issuance of the invoice with the payment amount for the
R110808/5 Nov 2015	Providing electricity distribution service by the distribution	4.52	1 December 2015			invoice's due date, the supplier will pay, in addition to the amount due, a penalty interest corresponding as	concluded contractual month is made in the first 10 working days of the month
R112463/15 Dec 2015	operator for users, end customers of the	5.78	1 January 2016			a percentage of interest due for not paying the obligations to the state	following each contractual month. Payment is made
R112920/21 Dec 2015	supplier, whose installations are connected to the	4.80	1 January 2016	N/A	N/A	budget in due time, calculated for each day of delay starting with the	within 10 working days from the date of issuing the
R111559/25 Nov 2015	electricity network of the distribution operator	2.08	1 December 2015			first day after the due date until the day of payment (exclusive). The total value of the penalty interest	invoice, in case of its communication by e-mail, or within 10 days from the
R112798/18 Dec 2015		5.21	1 January 2016			may not exceed the value of the amount due.	date of sending the invoice, otherwise.
28/25 Jan 2008; AD 20/28 Dec 2020 (prolongation of the contract for the	Building rental services	Amount to be executed starting 1 Jan 2021:	1 ianuarie 2018	31 decembrie 2021	N/A	Failure to pay the rent in due time incurs a penalty of 0.06% on the amount due, for each day of delay, starting with the first day following	Payment is made within 30 days from the date of registration of the invoice by
period 1 January -31 December 2021)	Contract with fix price	RON 5.15 th.				the day on which the amount became due.	the lessor.
R4990/31 Oct 2012, AD 18/30 Dec 2020	Providing IT services	0.59	1 November 2012	30 June 2021	N/A	If the beneficiary does not pay the invoices issued by the provider within 30 days from the due date, the Provider is entitled to claim penalties of 0.04% per day of delay, calculated at the unpaid amount. The value of	Payment is made within 60 days from the date of registration of the invoice by the beneficiary

						the calculated penalties may not exceed the amount due.
				Services provider/seller:	EFSA
				Beneficiary/buyer: DEER-TN
22/15 Feb 2018; AD 4/16 Dec 2019; AD 5/31 Dec 2020	Providing the representation service as Balancing Responsible Party	2,503.95	1 January 2018	31 December 2021 with automatic extension for periods of 12 months according to AD 4/16 Dec 2019	N/A	If, through his sole fault, the Provider fails to fulfill its obligations under the contract, the Buyer has the right to deduct from the tariff established by the contract, as penalties, an amount equivalent to a percentage of 1.5% of the monthly tariff established.	Payment is made within 3 working days from the date of receipt of the invoice
189/27 Mar 2017; AD 4/8 Dec 2020	Extension of the contract for electricity supply on the competitive market between 1 January 2021 and 31 December 2021 Contract with fix value*	Amount to be executed starting 1 Jan 2021: 5,274.87	1 April 2017	31 December 2021	N/A	Failure of the client to pay the invoice within 30 days from the due date, entails penalties for each day of delay, as follows: a) the penalties are equal to the level of interest due for failing to pay on time the budgetary obligations, established according to the regulations in force b) the total value of the penalties may not exceed the value of the invoice	Due date 30 days from the date of issuing the invoice.
Convention 72/26 Jan 2017, AD 2/1 Mar 2019, referring to rental services contract 885/31 Dec 2015	Re-invoicing common expenses	1.05	1 January 2017	31 December 2023	N/A	For delays in the payment of the invoice for more than 30 days from the due date, the lessor has the right to charge, and the lessee has the obligation to pay, delay penalties of 0.03% applied on the amount due, for each calendar day of delay, starting with the first day after the due date. The value of the penalties may not exceed the value of the outstanding debt.	Payment is made within 10 days from the date of registration of the invoice with the tenant
Convention 13/2 Feb 2017 referring to rental services contract 885/31 Dec 2015	Re-invoicing common expenses	0.06	1 January 2017	31 December 2023	N/A	N/A	Payment is made within 10 days from the date of registration of the invoice with the tenant

Convention 21/18 Feb 2010	Re-invoicing common expenses - water/sewage	0.01	19 January 2010	N/A	N/A	Failure to pay the invoice within 10 days from the due date, authorizes FEE Electrica Furnizare Transilvania Nord Oradea to receive late-payment penalties equal to the level of late payment penalties charged by Compania de Apa Oradea, applied to the amount due for each day of delay, starting with the day after the due date and until the date of settlement of the amount due, exclusively.	The due date of the invoice is 10 days from the date of registration of the invoice at SDEE Oradea.
				Services provider/seller:	EFSA
				Beneficiary/buyer: DEER-TS
23/15 Feb 2018; AD 6/22 Dec 2020	Providing the representation service as Balancing Responsible Party	1,035.69	1 February 2018	31 December 2020 - the invoiced amounts refer to the services provided until 31 December 2020; starting with 1 January 2021, the contract terminated	N/A	If, through his sole fault, the Provider fails to fulfill its obligations under the contract, the Buyer has the right to deduct from the tariff established by the contract, as penalties, an amount equivalent to a percentage of 1.5% of the tariff established monthly delivery.	Payment is made within 3 working days from the date of receipt of the invoice
20214739-1/23 Oct 2018; AD 2/8 Dec 2020	Extension of the contract for electricity supply on the competitive market between 1 January 2021 and 31 December 2021 Contract with fix value*	Amount to be executed starting 1 Jan 2021: 6,096.16	1 January 2019	31 December 2021	N/A	Failure of the client to pay the invoice within 30 days from the due date, entails penalties for each day of delay, as follows: a) for due amounts late payment penalties will be calculated as 0.02% applied to them, for each day of delay, starting with the due date exclusively and until the payment date inclusive; b) the total value of the penalties may not exceed the value of the invoice	Due date 30 days from the date of issuing the invoice.
876/31 Dec 2015, AD 3/18 Jan 2019	Re-invoicing utilities expenses	4.93	1 January 2016	31 December 2023	N/A	In case of failure to pay the obligations on the due date, the tenant has the obligation to pay, as penalties, an amount equivalent to 0.02% of the amount not paid on	Payment of the invoice will be made by transfer within 10 working days from the date of registration of the invoice by the tenant

						time, for each day of delay,
						starting with the day after the due
						date, until on the date of actual
						payment.
				Services provider/seller:	EFSA
				Beneficiary/buyer: DEER-MN
				31 December 2020 -		If, through his sole fault, the
				the invoiced amounts		Provider fails to fulfill its
	Providing the			refer to the services		obligations under the contract, the	Payment is made within 3
21/15 Feb 2018; AD	representation service	10,854.10	1 February 2018	provided until 31	N/A	Buyer has the right to deduct from	working days from the date of
6/24 Dec 2020	as Balancing			December 2020;		the tariff established by the	receipt of the invoice by
	Responsible Party			starting with 1		contract, as penalties, an amount	email/fax
				January 2021, the		equivalent to 1.5% of the fixed
				contract terminated		tariff of the respective month.
						Failure of the client to pay the
	Extension of the					invoice within 30 days from the
	contract for electricity					due date, entails penalties for each
	supply on the					day of delay, as follows:
	competitive market	Amount to				a) for due amounts late payment
1219/12 Dec 2018;	between 1 January	be executed				penalties will be calculated as	Due date 30 days from the
AD3/8 Dec 2020	2021 and 31 December	starting 1	1 January 2019	31 December 2021	N/A	0.01% applied to them, for each	date of issuing the invoice.
	2021	Jan 2021:				day of delay, starting with the due
		7,062.77				date exclusively and until the
	Contract with fix					payment date inclusive;
	value*					b) the total value of the penalties
						may not exceed the value of the
						invoice

Services provider/seller: EFSA
268/29 Aug 2007; AD 16/18 Feb 2020 – TN				Beneficiary/buyer: DEER		If the beneficiary does not pay the value of the invoices within 30 calendar days from the due date, the beneficiary owes the supplier penalties of 0.04% for each day of delay, starting with the 31st day from the due date and until full	The payment of the issued invoices is made, by legal instruments, within 30 days from their registration to the
						payment of the invoice. The value of the penalties may not exceed the value of the amount paid.	beneficiary. The payment of the equivalent value of the
C49/7 Sept 2007; AD 138/3 Aug 2020 - TS	Re-invoicing – pensioners energy quota Equivalent value of electricity granted to individuals benefiting from the provisions of GD.1041/2003 and GD.1461/2003	130.30	1 August 2017	During the period GD 1041/2003 is in force, as it was completed and modified by GD 1461/2003	N/A	If the beneficiary does not pay the value of the invoices within the stipulated terms, he owes the supplier penalties in the amount equal to the one provided for failing to pay the obligations to the State Budget for each day of delay, starting with the due date and until full receipt of the invoice. The amount of the penalties may not exceed the value of the amount on which they were calculated.	invoice will be made through the legal modalities, within the deadline of 30 calendar days from the receipt at the payer's headquarters. In case of payment of the invoice by bank instruments, the date of payment will be considered the date of registration of the amount at the bank where the payment was made. In case of payment by clearing, the payment date will be considered the date of completion of the clearing documents.
R84/31 Aug 2007; AD 8/15 Jan 2020 - MN						If the payer does not pay the invoice within 30 days from the due date, he owes the provider penalties of 0.1% for each day of delay, starting with the first day after the due date and until full payment, including the day of payment. The amount of the penalties will not exceed the value of the invoice.	Payment of the invoice will be made by legal means within the deadline of 30 calendar days from the date of registration of the invoice at the payer's premises.

* The sale price is valid until 30 June 2021 with possibility of extension until 31 December 2021. The contract price does not include the price for reactive energy, VAT, excises, the contribution for high efficiency cogeneration and the value of green certificates. Their invoicing is ordered by the specific regulations in force.

Total executed amount during 1 January – 11 February 2021, based on contract without fix value: RON 176,761.42 th Amount to be executed starting 1 January 2021 based on contract with fix value: RON 15,122.42 th Amount to be executed starting 1 January 2021 based on contract with fix value: EUR 384.33 th

Due and not due mutual debts of EFSA to DEER at 10.02.2020: RON 183,450.38 th. Due and not due mutual debts of DEER to EFSA at 10.02.2020: RON 4,226.8 th.