Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 – Societatea de Distributie a Energiei Electrice Transilvania Nord and Electrica Furnizare – 11 September 2020

Societatea Energetica Electrica S.A. 9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania Phone: [phone]; Fax: [phone] Fiscal Registration Code RO 13267221 J40/7425/2000

Share capital: 3.464.435.970 RON www.electrica.ro

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: 11 September 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 with related parties according to Art. 923 para

1. of Law No. 24/2017 concluded by Societatea de Distributie a Energiei Electrice Transilvania Nord (SDTN) and Electrica Furnizare SA (EFSA), subsidiaries of Societatea Energetica Electrica SA (Electrica)

Electrica informs its shareholders and investors about the conclusion, on 10 and 11 September 2020, of several transactions between SDTN and EFSA, Electrica's subsidiaries, based on services agreements and conventions without fix price, 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 10 and 11 September 2020 by SDTN, as services provider, with EFSA, as beneficiary, containing information about the date of execution, type of transactions, description of their scope, total value of the transactions, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in Annex 1.

Details regarding the transactions concluded in the last 12 months between the parties, which lead to exceeding, at a cumulative level, the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements for 2019, are presented in Annex 2.

Chirf Executive Officer

Georgeta Corina Popescu

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Annex 1: Details regarding the transactions concluded by SDTN with EFSA on 11 September 2020 of the kind listed in Art. 923 of Law No. 24/2017

Service provider: SDTN

Beneficiary: EFSA

Parties of the

Agreement Type and No.,

Scope of the

Amount

Date of

Expiry

Guarantees

Payment due dates and

entry into

Penalties

transaction

execution date

agreement

(RON th.)

date

(RON th.)

payment methods

force

The failure of the tenant to pay the

rent at due date authorizes the lessor

to charge late payment interest equal

to the penalties incurred by lessor in

the obligations to the state budget

Payment is made within 10

817/30 Dec 2015

Buildings

31

due to

non-payment of

the

tax

SDTN and

1 January

amounts

at

due date, these being

days

from

the

date

of

AA 8/1259A08 / 16 Dec

rental

6.64

December

0

EFSA

2016

applied to the amount due for each

registration

of the

invoice

2019

services

2023

day of delay from the day

to the tenant.

immediately 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 outstanding debt

Convention 50277/22 Feb

2016, AD 52630A/10 Oct

2019 - Bistrita

Convention 30728/22 Feb

22

For delays in the payment of the

2016, AD 1159/16 Jul 2020 -

February

Oradea

2016

invoice longer than 30 days from the

due date, the lessor has the right to

Convention 60380/22 Feb

charge,

and

the lessee

has

the

Payment is made within 10

2016, AD 60376A/15 Feb

SDTN and

Re-invoicing

31

obligation

to

pay, late

payment

days

from

the

date

of

2019 - Satu Mare

12.62

0

EFSA

utilities

December

penalties in amount of 0.03% applied

registration

of the

invoice

Convention 1193/9 Jan 2017,

expenses

2023

to the amount due for each calendar

9 January

day of delay, starting with the first

to the tenant.

AD 406/4 Mar 2019 - Baia

2017

day after due-date. The value of the

Mare

penalties will not exceed the value of

Convention 43/27 Mar 2017,

27 March

the outstanding debt

AD 1255/25 Jul 2018 - Cluj

2017

Convention 70022/5 Jan

5 January

2017, AD 71117A/18 Jul

2017

2018 - Zalau

2

Providing

electricity

distribution

service by

the

Penalty interest corresponding to the

Issuing of the invoice with

distribution

percentage of interest due for non-

the

amount

for

the

operator for

payment of obligations to the state

contractual month ended is

users, end

budget, calculated for each day of

made in the first 10 working

customers of

SDTN and

the supplier,

1 April

delay starting with the first day after

days

of

the

month

103 / 10 Mar 2016

1,319.15

N/A

0

the due date until the day of payment

EFSA MN

whose

2016

(exclusively). The total amount of

following each contractual

installations

penalty interest may not exceed the

month. Payment

is

made

are

amount due. There are 30 days of

within

10

working

days

connected to

grace period. (Percentage valid at the

from the date of receipt of

the

date of reporting: 0.02%)

the invoice.

electricity

network of

the

distribution

operator

Transactions total amount (RON th.):

1,338.41

Due and not due mutual receivables of SDTN from EFSA at 10.09.2020: RON 76,327.72 th.

Due and not due mutual debts of SDTN to EFSA at 10.09.2020: RON 596.73 th.

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Annex 2: Details regarding the transactions concluded in the last 12 months between SDTN and EFSA of the kind listed in Art. 923 of Law No. 24/2017

Parties of	Agreement Type and	Scope of the	Amount (RON	Date of entry into		Guarantees		Payment due
the	Expiry date	Penalties	dates and
No., execution date	agreement	th.)	force	(RON th.)
transaction			payment methods

Service provider: SDTN

Beneficiary: EFSA

Providing electricity

Penalty

interest

The

issuing

of

the

distribution service

by the distribution

Amount

corresponding

to

the

invoice

with

the

operator for users,

percentage of interest due for

amount

for

the

end customers of the

between

non-payment of obligations to

contractual

month

supplier, whose

1.09.2019 and

the state budget), calculated

ended is made in the

installations are

9.09.2020:

for each day of delay starting

first 10 working days

connected to the

422,983.02

with the first day after the due

SDTN and

103 / 10 Mar 2016

electricity network

1 April 2016

N/A

0

date until the day of payment

of

the

month

EFSA TN

Contract without fix price

of the distribution

(exclusively).

The

total

following

each

operator

amount

of

penalty

interest

contractual

month.

may not exceed the amount

Payment

is

made

Other services

Amount

due. There

are

30

days of

within

10

working

provided as a

between

grace

period.

(Percentage

days from the date of

1.09.2019 and

distribution operator

valid at the date of reporting:

receipt

of

the

- interventions in the

9.09.2020:

0.02%)

invoice.

distribution network

2,068.44

30275 / 30 Sept 2015

1 October 2015

Penalty interest

The issuing of the

corresponding to the

invoice with the

33802 / 1 Jul 2015

1 July 2015

percentage of interest due for

Providing electricity

amount for the

non-payment of obligations

43670 / 17 Nov 2015

1 December 2015

distribution service

contractual month

to the state budget),

by the distribution

ended is made in the

426/SM/ 30 Dec 2015

1 January 2016

Amount

calculated for each day of

operator for users,

delay starting with the first

first 10 working

10019 BN/1 Oct 2015

end customers of the

between

1 October 2015

SDTN and

day after the due date until

days of the month

supplier, whose

1.09.2019 and

N/A

0

EFSA TS

71107 / 11 Aug 2015

the day of payment

following each

installations are

9.09.2020:

(exclusively). The total

Contracts without fix

connected to the

962.04

contractual month.

amount of penalty interest

price

electricity network

Payment is made

1 September 2015

may not exceed the amount

of the distribution

within 10 working

due. There are 30 days of

operator

days from the date

grace period. (Percentage

of receipt of the

valid at the date of reporting:

0.02%)

invoice.

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