Final settlement of case against ANRE

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, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 16 November 2022

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: final settlement of case against ANRE

Electrica informs shareholders and investors that, on 15 November 2022, the High Court of Cassation and Justice definitively settled the case no. 340/2/2016, against ANRE, rejecting Electrica's recourse as unfounded (the case was also dismissed on merits).

The object of the file is Electrica's request for (i) partial annulment (regarding the specific tariffs) of ANRE Order no. 171/2015 regarding the approval of specific tariffs for the electricity distribution service and the price for reactive electricity for the Societatea Filiala de Distribuție a Energiei Electrice Transilvania Sud S.A (SFDEETS), currently Distributie Energie Electrica Romania S.A., (ii) issuance by ANRE of a new order establishing the specific tariffs for the electricity distribution service for SFDEETS, for the year 2016, in compliance with the applicable legal provisions and (iii) cancellation of ANRE address no. 5319/26 January 2016, by which the previous complaint was resolved.

Filing the action has been communicated through the current report dated 19 January 2016, published on the Bucharest Stock Exchange and London Stock Exchange (with RNS Code 3094M).

Chief Executive Officer

Alexandru Aurelian CHIRITA