Societatea Energetica Electrica S A : Current report – Transactions between related parties according to art. 92 ind. 3 Law 24/2017 – Electrica Furnizare and OPCOM – 1 October 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: 1 October 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 Electrica Furnizare SA (EFSA), subsidiary of Societatea Energetica Electrica SA (Electrica), with OPCOM

Electrica informs its shareholders and investors about the conclusion, on 30 September 2020, of two transactions between EFSA, Electrica's subsidiary, and OPCOM, Electrica's related party, 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 30 September 2020 by EFSA, as buyer/seller, with OPCOM, as seller/buyer, 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 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.

Chief Executive Officer

Georgeta Corina Popescu

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Annex 1: Details regarding the transactions concluded by EFSA with OPCOM on 30 September 2020 of the kind listed in Art. 923 of Law No. 24/2017

Parties of	Agreement Type and No.,	Scope of the		Amount	Date of entry		Guarantees	Penalties	Payment due dates
the		Expiry date	and payment
execution date	transactions		(RON th.)	into force	(RON th.)	(RON th.)
transaction			methods
				Buyer: EFSA
				Seller: OPCOM
	Convention No. 11426 / 25 Aug								Invoices are issued on
	2011 - without fix price, the								the last day of the
OPCOM and	transactions amounts are	Sell - purchase	of	6,522.32	25 August 2011	N/A	28,500		delivery month.
EFSA	determined based on the	electricity				Payment is made until
	monthly invoices issued by								the 10th calendar day of
	OPCOM								the following month
				Buyer: OPCOM
				Seller: EFSA
	Convention No. 11426 / 25 Aug								Invoices are issued on
	2011 - without fix price, the								the last day of the
EFSA and	transactions amounts are	Amount of sale of	7,784.81	25 August 2011	N/A			delivery month.
OPCOM	determined based on the	electricity				Payment is made until
	monthly invoices issued by								the 10th calendar day of
	EFSA								the following month
Total transactions amount (RON th.):			14.307,13

Due and not due mutual receivables of EFSA to OPCOM at 29.09.2020 (RON th.): (3,589.54)*

Due and not due mutual debts of EFSA to OPCOM at 29.09.2020 (RON th.): (2,015.25)*

*The negative balance as per 29.09.2020 is due to the receipts / payments made in advance by the parties, in relation to the transactions carried out on the DAM, according to OPCOM's procedure regarding settlement of transactions carried out on DAM

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

Parties of	Agreement Type and No.,	Scope of the	Amount	Date of entry		Guarantees	Penalties	Payment due dates
the	Expiry date	and payment
execution date	transactions	(RON th.)	into force	(RON th.)	(RON th.)
transaction		methods
			Buyer: EFSA
			Seller: OPCOM
	Convention No. 11426 / 25 Aug		Amount in					Invoices are issued on
	2011 - without fix price, the						the last day of the
		the last 12
OPCOM and	transactions amounts are	Sell - purchase of		N/A			delivery month.
months, at	25 August 2011	28,500
EFSA	determined based on the	electricity			Payment is made until
30.09.2020:
	monthly invoices issued by						the 10th calendar day of
		191,531.62
	OPCOM						the following month
	Convention No. 11426 / 25 Aug							Payment is made by
		Amount in					bank transfer, with
	2011 - without fix price, the
	Trading and	the last 12					payment order, within
OPCOM and	transactions amounts are		N/A
administration	months, at	25 August 2011			a maximum of 5
EFSA	determined based on the
tariffs	30.09.2020:					working days from the
	monthly invoices issued by
		233.7					date of receipt of the
	OPCOM
							invoice.
	Convention PCCB-NC
	3876/2015
	Convention PCCB-LE
	3878/2015
	Convention PCCB LE FLEX			19 January 2015
	26829/2020			19 January 2015
	Convention PC OTC		Amount in	26 May 2020				Invoices are issued on
	19546/2014		2 April 2014				the last day of the
		the last 12
OPCOM and	Convention PC SU 14098/2018		20 April 2018	N/A			delivery month.
Trading tariffs	months, at	28,500
EFSA	Convention PI/2017;	19 January 2017			Payment is made until
	30.09.2020
	Convention PVC 90958/2017		11 October				the 10th calendar day of
		1,668.46
	Convention PC ESRE CV		2017				the following month
	6235/2019			30 September
	Conventions without fix price,			2019
	the transactions amounts are
	determined based on the
	monthly invoices issued by
	OPCOM
			Buyer: OPCOM
			Seller: EFSA
EFSA and	Convention No. 11426 / 25 Aug	Amount of sale of	Amount in	25 August 2011	N/A			Invoices are issued on
OPCOM	2011 - without fix price, the	electricity	the last 12			the last day of the

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	transactions amounts are		months, at					delivery month.
	determined based on the		30.09.2020:					Payment is made until
	monthly invoices issued by		53,829.65					the 10th calendar day of
	EFSA							the following month
Total amount executed in the last 12 months (RON th.):	247,263.43

Due and not due mutual receivables of EFSA to OPCOM at 29.09.2020 (RON th.): (3,589.54)*

Due and not due mutual debts of EFSA to OPCOM at 29.09.2020 (RON th.): (2,015.25)*

*The negative balance as per 29.09.2020 is due to the receipts / payments made in advance by the parties, in relation to the transactions carried out on the DAM, according to OPCOM's procedure regarding settlement of transactions carried out on DAM

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