Approval of 2021 CAPEX Plan

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 March 2021

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: Approval of the consolidated investment plan (CAPEX) of Electrica Group for 2021

During the meeting held on 26 February 2021 the Board of Directors approved the consolidated value of the Investment Plan (CAPEX) of Electrica Group for 2021, in total amount of RON 712.4 mn. Out of this value,

-     RON 638.9 mn represents the 2021 annual investment plan of the distribution subsidiary Distributie Energie Electrica Romania S.A. regarding the investments (the financial part of the investments' individual plan);

-     RON 51.2 mn represents the 2021 annual investment plan of Electrica Furnizare S.A. regarding the investments (the financial part of the investments' individual plan);

-     RON 11.6 mn represents the 2021 annual investment plan of Electrica Serv S.A. regarding the investments (the financial part of the investments' individual plan).

Chief Executive Officer                                                                     

Georgeta Corina Popescu