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

Report date: 27 September 2021

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1^st 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 (BVB) and London Stock Exchange (LSE)

Significant events to be reported: Executive Management change

During the meeting held on 27^th of September 2021, upon the recommendation of Nomination and Remuneration Committee, the Board of Directors of Electrica SA decided to nominate Mr. Ştefan-Ionuţ Pascu, Romanian citizen, as interim Chief Corporate Development Officer (C.C.D.O), starting with 1^st of October 2021 for a period of three months, having into consideration the following:

-      The need to accelerate the implementation of the objectives set in the Electrica Group Strategy, approved during the GMS meeting as of 14^th November 2019;

-      Consolidation of the effort made in implementing major projects within the Group, such as transformation projects and business segments consolidation;

-    Accelerating the process of inorganic growth of the company by identifying new projects and proper substantiation of the investment effort of the company;

-      Undertaking measures to facilitate the company to adapt to the dynamics of the energy sector;

-    Continuing the recorded progress in the implementation of corporate governance and consolidating the sustainability profile;

-      The need to strengthen the executive management team.

Thus, Mr. Ştefan-Ionuţ Pascu will coordinate the activities of: Market and business analysis, PMO at Group level, Mergers and Acquisitions and Investor Relations, in accordance with the duties established by the mandate contract.

CEO                                                                                       

Georgeta-Corina Popescu