Rating reconfirmation Fitch Ratings Agency

ANNOUNCEMENT - 3 March 2026

Fitch Ratings Reaffirms "BBB-" Rating with "Stable" Outlook for Electrica

Societatea Energetica Electrica S.A. informs investors and the capital market that the international rating agency Fitch Ratings has reaffirmed the company's Long-Term Rating at "BBB-" with a "Stable" outlook. More details can be found here: Societatea Energetica Electrica S.A. Credit Ratings: Fitch Ratings.

"This confirmation comes at a moment of maturity for the Group, validating the resilience of our business model following the success achieved in 2025 by shifting from a 'Negative' to a 'Stable' outlook. It reflects Electrica's ability to maintain financial stability and a solid credit profile, supported by outstanding operational performance and a predictable regulatory framework. We believe that the maintenance of this rating by Fitch Ratings confirms that the Group has entered a cycle of sustainable growth. By optimizing our financing structure and focusing on operational efficiency, we reaffirm our status as a key player in the energy market and a stable, attractive issuer for the investment community," declared Mr. Alexandru Chiri�, CEO.

Investors are reminded that Electrica's positive trajectory is underpinned by the remarkable preliminary financial results reported for 2025. The Group recorded a record net profit of RON 1.22 billion, representing a 159% increase over the previous year, while EBITDA rose to RON 2.38 billion, 64.5% above the 2024 level. These historic figures reflect increased operational efficiency and optimal capital management, which allowed the company to exceed its planned investment program, achieving a commissioning rate of 115% against the set target. The growth of the Regulated Asset Base to over RON 8.6 billion strengthens the predictability of future cash flows and provides a foundation for long-term financial stability.

Contact IR: [email protected] ; +40731796111

CEOAlexandru Chirita