Appointment - BoD Chair and BoD's Commitees

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: 13 December 2018

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 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE)

Significant events to be reported:

Appointment of the BoD Chairman and of the members of the BoD's committees

On 12 December 2018 the Board of Directors decided to appoint Mr. Valentin Radu as Chair of the Board of Directors for a mandate of one year, starting with 12 December 2018.

Also, the Board of Directors decided the composition of the BoD's committees and elected their chairs, starting with 12 December 2018 and until the GMS makes a decision on the appointment of new directors for filling in the vacant director positions, as follows:

The Strategy and Corporate Governance committee

· Mr. Willem Jan Antoon Henri Schoeber - Chair

· Mr. Dragos Andrei - Member

· Mr. Gicu Iorga - Member

The Audit and Risk committee

· Mr. Bogdan George Iliescu - Chair

· Mrs. Ramona Ungur - Member

· Mr. Gicu Iorga - Member

The Nomination and Remuneration committee

· Mr. Bogdan George Iliescu - Chair

· Mr. Valentin Radu- Member

· Mrs. Ramona Ungur - Member

Chief Corporate Governance and M&A Officer

Alexandra Borislavschi