BoD member renunciation


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: 10 December 2019

Company name: Societatea Energetica Electrica S.A.

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 3,459,399,290

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE), London Stock Exchange (LSE)


Significant events to be reported:


The decision of Mr. Niculae Havrilet to renounce his position as member of the Board of Directors of Electrica


Societatea Energetica Electrica S.A hereby informs that, on 10 December 2019, Mr. Niculae Havrilet, member of the Board of Directors of the company, has renounced holding this position, following his appointment as State Secretary in Ministry of Economy, Energy and Business Environment.


Starting with 10 December 2019, Mr. Havrilet renounced to his rights as Director, to which he was entitled according to the Mandate Agreement, and will no longer exercise any act of administration of the Company.


CEO                                                                                                 Chief Strategy Officer

Georgeta Corina Popescu                                                               Anamaria Acristini-Georgescu