Soecietatea Energetica Electrica S.A.

M&A Activity • Jul 15, 2022

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: 15 July 2022

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. 108 of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica) with Complexul Energetic Oltenia (CEO)

Electrica informs its shareholders and investors about the conclusion, on 14 iulie 2022, of several transactions between EFSA, Electrica's subsidiary, and CEO, which have a value that, cumulated with the rest of the transactions concluded/executed in the period 11 May 2022 – 14 July 2022 exceed the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2021, respectively exceeds the value of RON 206,175,420.

Details regarding the transactions concluded on 14 July 2022, together with the rest of the transactions already concluded in the period 11 May 2022 – 14 July 2022, 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 the Annex.

Chief Executive Officer Alexandru-Aurelian Chirita

Agreement Type and No., execution date Scope of transactions Total Value (RON th.) Date of entry into force Expiry date Guarantees (RON th.) Penalties Payment due dates and payment methods Contract no. 925/CEO awarded through PCCB-LE-Flex auction 4,387.03 1-Jun-22 30-Jun-22 4,387.03 Payment is made after delivery, until the due date, respectively the 10th calendar day from the date of issuing the invoice, which is the last last day of the delivery month Contract no. 1219/CEO awarded through PCCB-LE-Flex auction 173,535.60 1-Jan-23 31-Dec-23 28,526.40 Contract no. 1220/CEO awarded through PCCB-LE-Flex auction 165,375.66 1-Jan-23 10-Dec-23 27,185.04 Contract no. 1221/CEO awarded through PCCB-LE-Flex auction 153,992.04 1-Jan-23 31-Dec-23 25,313.76 C 1317 / 23 Nov 2011 - Isalnita AA nr 7 / 02 Dec 2020 - Isalnita C R40 / 24 Jan 2011 - Chiscani AA nr 8 / 29 Mar 2019 - Chiscani Re-invoicing - pensioners energy quota Equivalent value of electricity granted to individuals benefiting from the provisions of GD.1041/2003 and GD.1461/2003 16,842.90 23-Nov-11 During the period GD 1041/ and GD 1461/2003 N/A 0.1% of the amount of the settlement invoice for each day of hardening, including the day of payment. The amount of penalties cannot exceed the value of the settlement invoice The invoice is issued until the 15th of each month, with the date of issue the last calendar day of the previous month, by email. Payment is made within 30 days from the date of issuing the invoice. Payment is made after delivery, until the due date, respectively the 15th calendar day from the date of issuing the invoice, which is the last last day of the delivery month Seller: CEO - Buyer: EFSA Seller: CEO - Buyer: EFSA Sale and purchase of electricity Interest for late payment is calculated for each day of delay, starting with the day immediately following the due date and until the date of payment of the amount due, excluding the day of payment. The interest rate for late payment is 0.05%, for each day of delay, calculated at the outstanding amount.

Annex: Details regarding the transactions concluded by EFSA with CEO in the period 11 May 2022 – 14 July 2022 of the kind listed in Art. 108 of Law No. 24/2017

Total value of the reported transactions during 11 May 2022 – 14 July 2022: 514.133,24 th. RON Due and not due mutual receivables of EFSA to CEO at 13 July 2022: 0 th. RON Due and not due mutual debts of EFSA to CEO at 13 July 2022: 20.882,304 th. RON