Change of the Chairman of the Board of Directors

To: Bucharest Stock Exchange (BSE)

London Stock Exchange (LSE)

Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law no. 24/2017 on issuers of financial instruments and market operations, the Romanian Capital Market Law no. 297/2004, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations and the Bucharest Stock Exchange Code

Report date: 17 July 2020

Company name: Societatea Energetică Electrica S.A.

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999 / 004-021-2085998

Sole registration code at the trade register: 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:

Change of the Chairman of Electrica's Board of Directors

On 17 July 2020, Electrica's Board of Directors took note about the decision of Mr. Valentin Radu to resign from his position as Chairman of the Board of Directors, starting with 18 July 2020, 17 July 2020 being the last day he holds this quality.

During the meeting held on the same day, the Board of Directors elected Mr. Iulian Cristian Bosoanca as Chairman of the Board of Directors starting with 18 July 2020 and until 31 December 2020.

Chief Executive Officer

Georgeta Corina Popescu