Fiscal registration in RO for non-residents

Societatea Energetica Electrica S.A.

9, Grigore Alexandrescu str.

010621 District 1, Bucharest, Romania

Phone: 021-208 59 99; Fax: 021-208 59 98

Fiscal Registration Certificate RO 13267221

J40/7425/2000

Share capital: 3.459.399.290 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, the Romanian Capital Market Law no. 297/2004, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 01 February 2018

Company name: Societatea Energetica 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:

Fiscal registration requirement in Romania for any individual or legal entity having a tax relationship in Romania - exclusively to the attention of non-resident shareholders who have collected dividend income in 2017 from Societatea Energetica Electrica S.A.

Art. 82 of the Romanian Fiscal Procedure Code states that any individual or legal entity that is subject to a tax relationship in Romania has the obligation to be registered for tax purposes and to receive a fiscal identification number ("NIF") in Romania. The fiscal registration became mandatory starting with 2017, as NAFA (National Agency for Fiscal Administration) 207 Statement declaring the tax withheld for non-residents contains details on the NIF obtained in Romania (the obligation to fill-in the details on the NIF obtained in Romania was initially postponed until the submission of the 207 Statement, by 28 February 2018 the latest, respectively, the due date to submit the 207 Statement for fiscal year 2017).

The forms that need to be submitted by non-resident persons for fiscal registration in Romania were approved by NAFA Order no. 3698/2015 and consist of the following: in case of non-resident individuals that do not hold a personal identification number, the Form 030 - Taxpayer registration/amendments form; in case of non-resident legal persons with no permanent establishment in Romania, the Form 015 - Taxpayer registration/amendments/deregistration form.

Paragraph 3 of Art. 82 of the Fiscal Procedure Code states that for non-resident inidividuals and legal entities who obtain incomes subject to withholding rules and the tax withheld is final, the attribution of the fiscal identification number can be done by the Romanian tax authority, at the request of the income payer (in this case, Societatea Energetica Electrica SA).

In view of the above, we kindly ask the non-resident shareholders individuals or legal entities to provide the following information at [email protected], by 15 February 2018 the latest:

- the fiscal identification number according to the above-mentioned provisions, in case it was previously obtained by the shareholder;

- the written agreement (email, fax or letter) in order for Societatea Energetica Electrica S.A. to undertake all the actions necessary to obtain the fiscal identification number in the name of the non-resident shareholder, based on the provisions of art. 82 para (3) of the Fiscal Procedure Code.

Please note that the NIF is obtained only once and it is valid for all the operations carried out in Romania by the non-resident person concerned.

CEO

Dan Catalin STANCU