Soecietatea Energetica Electrica S.A.

Related Party Transaction • Dec 18, 2020

National Storage Mechanism | Additional information

RNS Number : 2278J

Societatea Energetica Electrica SA

18 December 2020

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: 18 December 2020

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 reported according to Art. 923 para (12) of Law No. 24/2017 concluded by Electrica Furnizare S.A. (EFSA), subsidiary of Societatea Energetica Electrica S.A. (Electrica), with OPCOM

Electrica informs its shareholders and investors about the conclusion, on 17 December 2020, of several transactions between EFSA, Electrica's subsidiary, and OPCOM, that have a value that, cumulated with the rest of the transactions concluded/executed in the last 12 months, 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 transactions concluded on 17 December 2020, 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.

Chief Executive Officer                                             

Georgeta Corina Popescu                                                                             

Annex 1: Details regarding the transactions concluded by EFSA with OPCOM on 17 December 2020 of the kind listed in Art. 923 of Law No. 24/2017

Buyer: EFSA

Seller: OPCOM

Parties of the transaction	Agreement Type and No., execution date	Scope of the transactions	Amount (RON th.)	Invoice number/date	Date of entry into force	Expiry date	Guarantees (RON th.)	Penalties (RON th.)	Payment due dates and payment methods
OPCOM and EFSA	Convention No. 11426 / 25 Aug 2011	Trading tariff - DAM	13.20	0020755/ 17.12.2020	25 August 2011	N/A	25,000		Invoices are issued on the last day of the delivery month. Payment is made until the 10th calendar day of the following month
OPCOM and EFSA	Convention PCCB-NC 3876/2015 Convention PCCB-LE 3878/2015 Convention PCCB LE FLEX 26829/2020 Convention PC OTC 19546/2014 Convention PC SU 14098/2018 Convention PI/2017; Convention PVC 90958/2017 Convention PC ESRE CV 6235/2019	Trading tariff - IM Trading tariff - NGM	79.20	0020582/ 17.12.2020; 0021334/ 17.12.2020; 0020954/ 17.12.2020; 0021067/ 17.12.2020; 0021200/ 17.12.2020; 0020489/ 17.12.2020	19 January 2015 19 January 2015 26 May 2020 2 April 2014 20 April 2018 19 January 2017 11 October 2017 30 September 2019	N/A	3,500		Invoices are issued on the last day of the delivery month. Payment is made until the 10th calendar day of the following month
OPCOM and EFSA	Convention NGM - short term 42678/2019 Convention NGM - long term 42679/2019	Trading tariff - IM Trading tariff - NGM	5.00	0020436 - PGN/ 17.12.2020	26 August 2019	N/A	25,000		Invoices are issued on the last day of the delivery month. Payment is made until the 10th calendar day of the following month
Total transactions amount (RON th.):			92.40

Due and not due mutual receivables of EFSA to OPCOM at 16.12.2020: RON 3,604.33 th.

Due and not due mutual debts of EFSA to OPCOM at 16.12.2020: RON 12,503.34 th.

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