Related parties transactions - DEER-Eximbank

To: Romanian Financial Supervisory Authority (FSA)

Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 23 December 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: Transactions with related parties according to Art. 108 of Law No. 24/2017 concluded by Distributie Energie Electrica Romania SA (DEER), subsidiary of Societatea Energetica Electrica SA (Electrica), and Eximbank

Electrica informs its shareholders and investors about the conclusion/execution, in the period 24 December 2021 - 23 December 2022, of some transactions between DEER, Electrica's subsidiary, and Eximbank, whose cumulated value exceeds the threshold of 5% of Electrica's net assets, according to Electrica's individual financial statements at 30 June 2022, respectively exceeds the value of RON 199,059,726.

Details regarding these transactions, containing information about the date of execution, type of transaction, description of its scope, total value of the transaction, expiry date, mutual debts and receivables, guarantees, penalties, payment due dates and methods are presented in the Annex below.

CEO

Alexandru - Aurelian Chirita

Annex: Details regarding the transactions concluded by DEER and Eximbank between 24 December 2021 - 23 December 2022 of the kind listed in Art. 108 of Law No. 24/2017

Total executed amount during 24 December 2021 - 23 December 2022: RON 250,000 th

Due and not due mutual receivables of DEER from Eximbank at 23 December 2022: RON 0 th.

Due and not due mutual debts of DEER to Eximbank at 23 December 2022: RON 0 th.

Note 1:

1. Guarantee issued by the Export-Import Bank of Romania EximBank in the name and account of the Romanian State representing 80% of the amount of the Loan - 200,000 (thousand RON)

2. Mortgage on the collateral deposit representing 20% of the value of the Loan established by the Borrower at the Bank - 50,000 (thousand RON)

3. Mortgage on current accounts in lei and foreign currency, present and future, opened by the Borrower at the Bank

4. Fidejussion concluded with Societatea Energetica Electrica S.A., within the limit of 130% of the amount of the Loan-325,000 (thousand RON).

Note 2:

For each day of delay in repayment of the Loan and until the time of full repayment of the overdue liabilities, the Borrower will pay the Bank a penalty interest whose level is established by adding to the Interest Rate the percentage resulting from multiplying the Interest Rate by 50%. Penalty interest is calculated for the amounts used from the Credit, not repaid when due. For commissions not paid on time, the Bank will charge penalties calculated by applying a percentage of 0.05%, per day of delay, on the amount owed, payable in the Credit currency.