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, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 9 December 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)

Significant events to be reported: Entering the shareholding structure of CCP.RO, following the subscription of 8% of the share capital

Electrica informs shareholders and investors that, following the approval of the Board of Directors, it has submitted the Binding Offer regarding the subscription of 700,000 shares in CCP.RO BUCHAREST S.A. (Central Counterparty or CCP.RO), with a nominal value of RON 10/share, and on 8 December 2022, the actual subscription was made, in the amount of  RON 7 million, so that, following the subscription, Electrica will own 8.06% of the share capital of CCP.RO.

CCP.RO will fulfill the role of central counterparty for the transactions concluded on the markets served, respectively on financial instruments markets, including derivative financial instruments, administered by the Bucharest Stock Exchange (BVB) and on the markets organized for the trading of electricity administered by the Romanian Electricity and Gas Market Operator OPCOM (OPCOM) (significant shareholder of CCP.RO - with 19.06% stake).

The Central Counterparty is a central financial infrastructure that intervenes between the parties of a transaction, becoming the buyer for each seller, respectively the seller for each buyer, guaranteeing the completion of the settlement of the transaction by applying specific mechanisms for risk management. The main objective is to increase liquidity on the local capital market, by launching a derivatives market on shares and indices that will also enhance the spot market. In the first stage, CCP.RO aims to launch asset-backed futures contracts on shares and stock indices - with cash settlement, futures contracts with asset-backed electricity - with cash settlement and physical delivery option, as well as forward contracts for electricity. The launch of derivatives on the energy market will allow a better management of market risks for all participants.

Electrica expresses its strategic interest in the development of the derivatives market on the energy market to manage the risk of the increase in the price of electricity for the supply segment, with the possibility of subsequent interest also for the distribution segment, in order to limit the increase in the price of electricity to cover the NL (Network Loses).

By entering the shareholding structure of CPP.RO with a participation of 8.06%, Electrica aims to be an active member in defining the company's strategy and direction, respectively in setting the corporate governance, methodologies, and corresponding risk management policies, thus contributing to market development, the stability of the financial system and the reduction of credit and counterparty risks in the energy market.

CEO

Alexandru - Aurelian Chirita