Revision of the composition of the BoD' committees

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, and the Bucharest Stock Exchange Code

Report date: 14 May 2020

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:

Revision of the composition of the Board of Directors' committees

On 13 May 2020 the Board of Directors decided the following changes in the composition of Board of Directors' consultative committees, starting with 13 May 2020 and until 31 December 2020:

In the Nomination and Remuneration Committee, Mr. Gicu Iorga is elected to replace Ms. Ramona Ungur, the composition of the committee being:

·    Mr. Bogdan Iliescu - Chair

·    Mr. Valentin Radu - Member

·    Mr. Gicu Iorga - Member

In the Audit and Risk Committee, Mr. Cristian Bosoanca is elected to replace Mr. Gicu Iorga, the composition of the committee being:  

·    Ms. Ramona Ungur - Chair

·    Mr. Bogdan Iliescu - Member

·    Mr. Cristian Bosoanca - Member

The composition of the Strategy and Corporate Governance Committee remains unchanged, as follows:

·    Mr. Dragos Andrei - Chair

·    Mr. Radu Florescu - Member

·    Mr. Valentin Radu - Member

CEO                                                                                 

Georgeta Corina Popescu