Appointment of the Chairman of the Board

To: Bucharest Stock Exchange

Romanian Supervisory Authority

London Stock Exchange

Current report in compliance with the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code of Corporate Governance

Report date: January 13th 2016

Company name: Societatea de Distribuţie şi Furnizare a Energiei Electrice - "ELECTRICA" S.A.

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), London Stock Exchange (LSE)

Significant events to be reported:

On January 13th 2016, at the HQ of Electrica SA, the Board of Directors appointed by the General Meeting of Shareholders from December 14th, 2015 held its first meeting and appointed Mr. Cristian Busu as Chairman of the Board, for a one-year term. Also, the Board of Directors established the following committees:

The Audit and Risk committee

· Mr. Pedro Mielgo Alvarez - chair

· Ms. Arielle Malard de Rothschild - member

· Mr. Bogdan George Iliescu - member

The Nomination and Remuneration committee

· Mr. Bogdan George Iliescu - chair

· Ms. Arielle Malard de Rothschild - member

· Ms. Corina Georgeta Popescu - member

Strategy, Restructuring and Corporate Governance committee

· Mr. Michiel Boersma - chair

· Ms. Ioana Alina Dragan - member

· Mr. Cristian Busu- member

General Manager

Ioan Roşca