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, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018, and the Bucharest Stock Exchange Code

Report date: 1 April 2022

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 (BSE) and London Stock Exchange (LSE)

Important events to report: Repositioning Electrica Energie Verde 1 SRL (EEV1) within the Electrica Group

Electrica informs the shareholders and investors that, on 31 March 2022, at the recommendation of the Strategy and Corporate Governance Committee, the Board of Directors (CA) of Electrica:

-   decided to reposition EEV1 within the Group by concluding a transaction between Societatea Electrica Furnizare SA (EFSA), as seller and sole shareholder of EEV1, and Electrica Productie Energie S.A. (EPE), as buyer and

-   approved the granting of a loan, in the equivalent in RON of an amount of up to EUR 9,541,000 for a maximum term of one year, by ELSA to EPE in order to finance the acquisition of the shares of EEV1 as well as the takeover of the related shareholder loans.

The transaction will have as object the acquisition by EPE of all the shares of EEV1 for a price of EUR 9,541,000 and will be completed following the signing of all relevant contracts and documents.

CEO                                                                           

Georgeta Corina Popescu