Appeal Settlement - claims for warranty

To: Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 14 December 2021

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 (BSE) and London Stock Exchange (LSE)

Significant events to be reported:

Settlement by Bucharest Court of Appeal regarding the appeal filed by Electrica Furnizare S.A. (EFSA) against the decision pronounced by the Bucharest Tribunal on 01.10.2020 in the file 35647/3/2019.

Electrica informs the shareholders about the fact that, on 13 December 2021, Bucharest Court of Appeal rejected the appeal filed by EFSA against the decision pronounced by the Bucharest Tribunal, maintaining as legal and valid the sentence pronounced by the Bucharest Tribunal.

The Decision is not final, it can be appealed within 30 days from the communication.

In this file Societatea Energetica Electrica S.A. (Electrica) has the legal quality of being called in warranty.

We mention that Bucharest Tribunal admitted the exceptions of limitation periods regarding the claim filed by EFSA and consequently rejected as devoid of purpose the warranty claims filed by Mircea Patrascoiu, Anca Dobrica and Victoria Lupu in file no. 35647/3/2019 having as object the underscoring of the liability of the members of the Board of Directors and the Chief Executive Officer of EFSA, claim submitted by the company concerned, following the damages ascertained by the Court of Accounts of Romania in the Decision no. 11/23 December 2016 and in the Control Report no. 5799/29 November 2016. The warranty claims were initially announced through the Current Reports published on BSE and LSE on 6 February 2020 (for Mr. Mircea Patrascoiu and Mrs. Anca Dobrica) and respectively 25 February 2020 (for Mrs. Victoria Lupu), and the sentence passed by the Bucharest Tribunal was announced through the Current report published on BVB and LSE on 2 October 2020.

Chief Executive Officer

Georgeta Corina Popescu