Societatea Nationala Nuclearelectrica : Current report regarding the publication of the SNN GMS resolutions of 22.08.2018

Current report according to: article 234 paragraph (1) letters a) and b) of the ASF Regulation no. 5/2018 regarding issuers and securities operations and the provisions of art. 99 of Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments

Report date: 22.08.2018

Name of issuing entity:NUCLEARELECTRICA S.A.National CompanySocial headquarters:65 Polona St., district 1, Bucharest

Telephone/Fax Number:021-203.82.00 / 021 - 316.94.00

Sole Registration Code with the Trade Registry Office:10874881Running number:J40/7403/1998

Subscribed and paid-up share capital:RON 3,015,138,510

Regulated market on which the issued securities are traded:Bucharest Stock Exchange

To:Bucharest Stock Exchange Financial Supervisory AuthorityImportant event to be reported:

The resolutions of SNN Ordinary and Extraordinary General Meeting of Shareholders of 22.08.2018

Societatea Nationala SN Nuclearelectrica S.A. ("SNN") informs the shareholders and investors that on 22.08.2018, the Ordinary and Extraordinary General Meeting of SNN Shareholders took place at Hotel Capital Plaza, Ion Mincu room, starting with 10:00.

With regards to item 2 on the EGMS agenda, respectively:

"The postponement of the approval of the revised form of the Strategy for the Continuation of the Project, with the recognition of the milestones performed to date, including those performed pursuant to the provisions of the Government Memorandum no. 20/12683/MB of July 13, 2017 and the subsequent mandate granted to the SNN Board of Directors through the GMS Resolutionno. 6/24.08.2017, within the meaning of:a) Reorganizing the existing negotiation/approval stages and terminating the work of the designated committees (the Negotiation Committee and Inter-Ministry Committee), the negotiations being subsequently conducted by a negotiation committee appointed by theexecutive management of SNN;b) Amending art. 8.14 in the sense that the draft Investor Agreement and the Articles of Incorporation of JVCo will be subject to the approval of the General Meeting of Shareholders of SNN, within the limits of its competences and duties."

We remind the fact that this item was introduced on the EGMS agenda at the request of the majority shareholder, the Ministry of energy, on the basis of art. 1171, paragraph (1) of the companies' Law no. 31/1990, corroborated with the provisions of art. 92 paragraph (3) letter a) of the Law no. 24/2017 regarding issuers of securities and market operations and those of art. 14 of SNN Articles of Incorporation, the request of the Ministry of Energy being motivated by the need to clarify certain aspects and modifications.

Societatea Nationala NUCLEARELECTRICA S.A.

65 Polona Street, District 1, 010494, Bucharest, Romania; Tel [phone], Fax [phone];

Trade Registry number: J40/7403/1998, Sole registration code: 10874881,

The GMS of 22.08.2018 was convened following the reception on 25.06.2018, from the majority shareholder, the Ministry of Energy, by communication no. 261387, of a notice regarding the approval by the Romanian Government on 21.06.2018, in the confidential section, of the Memorandum having the subject"Approval of necessary measures to ensure the continuity of the Project, Units 3 and 4 of the Cernavoda NPP and the completion of the negotiations with the selected investor" and of the request of the majority shareholder, the Ministry of Energy to take the necessary measures in order to implement the provisions of the Government Memorandum.

Also, with regards to item 3 on the EGMS agenda, respectively:

"The mandating of SNN BoD to establish the terms and conditions to continue the negotiations in order to allow the set up of a mixed company project ("JVCo") with CGN as well as to implement the revised Strategy in compliance with the above mentioned item"

We mention that the number of votes necessary to take a decision was not reached.

In order to streamline the decision making process and continue the negotiations with the selected investor based in the revised strategy, SNN undertook all necessary measures to revise the strategy initially proposed for the approval of the shareholders on 22.08.2018, a new EGMs being convened for the 14.09.2018, having on the agenda:

1. The approval of the revised form of the Strategy for the Continuation of the Project, with the recognition of the milestones performed to date, including those performed pursuant to the provisions of the Government Memorandum no. 20/12683/MB of July 13, 2017 and the subsequent mandate granted to the SNN Board of Directors through the GMS Resolution no. 6/24.08.2017, within the meaning of: a) Reorganizing the existing negotiation/approval stages and terminating the work of the designated committees (the Negotiation Committee and Inter-Ministry Committee), the negotiations being subsequently conducted by a negotiation committee appointed by the executive management of SNN; b) Amending art. 8.14 in the sense that the draft Investor Agreement and the Articles of Incorporation of JVCo will be subject to the approval of the General Meeting of Shareholders of SNN, within the limits of its competences and duties.

2. The mandating of SNN BoD to establish the terms and conditions to continue the negotiations in order to allow the set up of a mixed company project ("JVCo") with CGN as well as to implement the revised Strategy in compliance with the above mentioned item.

The resolutions of the Ordinary and Extraordinary General Meeting of SNN Shareholders of 22.08.2018 are attached to the current report.

Cosmin Ghita

CEO

2

Resolution number 8 /20.08.2018 of the Ordinary General Meeting of Shareholders of

Societatea Nationala Nuclearelectrica S.A.

Headquarters: 65 Polona street, District 1, 010494 Bucharest, registered with the Bucharest Trade

Register Office under the number J40/7403/1998, sole registration code: RO 10874881

Today, 22 august 2018, 10:00 o'clock, the shareholders of Societatea Nationala Nuclearelectrica S.A. (hereinafter called "The company" or "SNN") met within the Ordinary General Meeting of Shareholders (OGMS) of SNN, held at Hotel Capital Plaza, Ion Mincu Room, Bd. 54 Iancu de Hunedoara, District 1, Bucharest the OGMS was opened by the President of the meeting, Mr. Cristian Gentea, in his capacity of representative of the President of the Board of Directors.

Taking into consideration:

• •The convening notice of the OGMS, published in the Official Gazette of Romania, Part IV, number 2721 of 18.07.2018, in the Romania Libera newspaper, number 8174 of 18.07.2018 and on the website of the Company;

• •The amended conving notice of the OGMS published in the Official Gazette of Romania, Part IV, number 3082 of 09.08.2018, in the Romania Libera newspaper, number 8190 of 09.08.2018 and on the website of the Company;

• •The provisions of the effectual Articles of Incorporation of the Company;

• •Legal applicable provisions;

The President of the meeting records at the beginning of the meeting, that the OGMS is legal and statutory, 21 shareholders are present or represented, owning a total number of 279.001.992 shares, represeting 92,53372% of the subscribed and paid up share capital, representing 92,53372% of the total voting rights. The requirement regarding quorum is met in accordance with the provisions of article 16 of the Articles of Incorporation and of article 112, paragraph 1 of the Company Law 31/1990 ("Law number 31/1990"). The President of the meeting acknowledges that the OGMS is statutory and legally convened and that it can adopt viable resolutions regarding the items on the agenda.

Following the debates, the shareholders of the Company hereby decide:

Societatea Nationala NUCLEARELECTRICA S.A.

65 Polona Street, District 1, 010494, Bucharest, Romania; Tel [phone], Fax [phone];

Trade Registry number: J40/7403/1998, Sole registration code: 10874881,

1.The election of the Secretary of the OGMS.

As per the provisions of art. 129 of the Law no.31/1990, the shareholders of SNN elect as secretary of the OGMS Mr. Romeo Susanu and the Company appoints Mrs. Cristina Bacaintan and Mrs. Gabriela Stancu as technical secretary of the OGMS.

In the presence of the shareholders representing 92,53372% of the share capital and 92,53372% of the voting rights, the current item is adopted with 278.262.792 votes, representing 99,73506% of the total votes held by the present or represented shareholders, in compliance with the provision of Art. 16 of the Constitutive Act corroborated with the Art. 112, paragraph 1 of the Law No. 31/1990.

The expressed vote are recorded as follows:

• - 278.262.792 votes "for"

• - 0 votes "against"

• - 739.200 votes "abstain"

• - 0 "unexpressed" votes

A number of 0 votes was canceled.

2.

Information noteon the transactions concluded with the administrators or directors, with the employees, shareholders who own the control of the company or a company controlled by them in compliance with art. 52 paragraph (3), letter a) of OUG 109/2011 with the subsequent amendtments and changes throughout 01.05.2018 - 01.07.2018.

This current item on the agenda is not subjected to the vote of the shareholders; the shareholders acknowledge the information presented by the Company with regards to this item.

3.Information noteon the transactions concluded with the administrators or directors, with the employees, shaholders who own the control over the company or a company controlled by them, in compliance with art. 52, paragraph (3) letter b) of of OUG 109/2011 with the subsequent amendtments and changes throughout 01.05.2018 - 01.07.2018.

This current item on the agenda is not subjected to the vote of the shareholders; the shareholders acknowledge the information presented by the Company with regards to this item.

4.

Information noteon the implementation of the Regulation 2016/679 (GDPR-The General Regulation on data protection) within SN Nuclearelectrica SA.

Societatea Nationala NUCLEARELECTRICA S.A.

65 Polona Street, District 1, 010494, Bucharest, Romania; Tel [phone], Fax [phone];

Trade Registry number: J40/7403/1998, Sole registration code: 10874881,

This current item on the agenda is not subjected to the vote of the shareholders; the shareholders acknowledge the information presented by the Company with regards to this item.

5.The approvalof the date12.09.2018 as registration datein compliance with art. 86, paragraph (1)

of Law 24/2017 regarding issuers of financial instruments and market operations, namely the date serving for the identification of the shareholders who will benefit from dividends or any other rights and who will be affected by the resolutions of the OGMS.

In the presence of the shareholders representing 92,53372% of the share capital and 92,53372% of the voting rights, the current item is adopted with 279.001.992 votes, representing 100% of the total votes held by the present or represented shareholders, in compliance with the provision of Art. 16 of the Constitutive Act corroborated with the Art. 112, paragraph 1 of the Law No. 31/1990.

The expressed vote are recorded as follows:

• - 279.001.992 votes "for"

• - 0 votes "against"

• - 0 votes "abstain"

• - 0 "unexpressed" votes

A number of 0 votes was canceled.

6.The approvalof the date11.09.2018as"ex date",namely the date prior to the registration date on which the financial instruments which make up the object of the company's resolutions are traded without the rights derived from the resolution, in compliance with the provisions of art. 2, paragraph (2), letter l) of Regulation no. 5/2018 regarding the issuers of financial instruments and market operations.

In the presence of the shareholders representing 92,53372% of the share capital and 92,53372% of the voting rights, the current item is adopted with 279.001.992 votes, representing 100 % of the total votes held by the present or represented shareholders, in compliance with the provision of Art. 16 of the Constitutive Act corroborated with the Art. 112, paragraph 1 of the Law No. 31/1990.

The expressed vote are recorded as follows:

• - 279.001.992 votes "for"

• - 0 votes "against"

• - 0 votes "abstain"

Societatea Nationala NUCLEARELECTRICA S.A.

65 Polona Street, District 1, 010494, Bucharest, Romania; Tel [phone], Fax [phone];

Trade Registry number: J40/7403/1998, Sole registration code: 10874881,