Give in payment contract with SEM

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: 2 June 2020

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: Legal act of the kind listed in Art. 82 of Law No. 24/2017 concluded by Societatea Energetica Electrica SA (Electrica) in Semester I 2020 - Contract of sale and give in payment concluded with SEM

Electrica informs its shareholders and investors about the conclusion, on 28 May 2020, of a legal act with a value greater than EUR 50,000 with Servicii Energetice Muntenia SA (SEM), affiliate, where Electrica is the main shareholder.

Details regarding the Contract of Sale and Give in Payment concluded by Electrica, as Buyer and Creditor, with SEM, as Seller and Debtor, containing information regarding the date of execution, type of legal act, description of its scope, total value, expiry date, mutual debts and receivables, guarantees, penalties, deadlines and payment due dates and payment methods are presented in Annex 1. The contract of sale and give in payment concerns the give in payment and sale of the property right over the building located in Bucharest, 146 Calea Serban Voda, 4^th district, in order to pay off in full the obligation to repay the loan in amount of RON 5,500,000, granted by the Loan Agreement no. 167/29 May 2018,

The independent limited assurance report performed by a financial auditor regarding the transactions reported by Electrica according to Art. 82 of Law no. 24/2017 will be made public in maximum 30 days from the end of the reporting period according to the provisions of Art. 144 letter B para (4) of FSA Regulation no. 5/2018. 

Chief Executive Officer

Georgeta Corina Popescu