Societatea Energetica Electrica : Current report – OGMS resolution 26 Oct 2017 – BoD election – 26 October 2017

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, CNVM Regulation no. 1/2006, and the Bucharest Stock Exchange Code

Report date: 26 October 2017

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

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 (BVB) and London Stock Exchange (LSE)

Electrica hereby informs that on 26 October 2017, the Ordinary General Meeting of Shareholders took place at Electrica's headquarters in Bucharest, District 1, 9, Grigore Alexandrescu Street, postal code 010621, "Radu Zane" Conference Room, starting at 10.00 o'clock, being duly held in accordance with the legal and statutory provisions upon the first calling.

The Ordinary General Meeting of Shareholders meeting was attended by the shareholders registered in the shareholder's register kept by the Central Depository on 27 September 2017, set as reference date, in person, by representative or through vote by correspondence, the quorum met being 74.92% of the total voting rights and 73.428% of the share capital of the Company.

The meeting was chaired by Mr. Cristian Buşu, as Chairman of the Board of Directors of Electrica. On item 4 of the agenda of the Ordinary General Meeting of Shareholders, namely:

1. Election of the members of the Board of Directors of Societatea Energetică Electrica SA by applying the cumulative voting method.

   the shareholders of Electrica have decided the nomination of the following members of the Board of Directors by applying the cumulative voting method:

   • Arielle Malard De Rothschild

   • Cristian Bușu

   • Doina Elena Dascălu

   • Gicu Iorga

   • Pedro Mielgo Alvarez

   • Willem Jan Antoon Henri Schoeber

   • Bogdan George Iliescu

     Within the Ordinary General Meeting of Shareholders, Electrica's shareholders approved the following items with a majority of votes (at least 50% + 1) of the present and the represented shareholders, or voted by correspondence:

2. Establishing the mandate's duration for the directors elected by applying the cumulative voting method as per item 4 above in accordance with the provisions of Article 18 para. (8) of the Articles of Association of Societatea Energeticã Electrica SA, for a period of 4 (four) years.

3. Setting the date of 14 November 2017, as registration date, for the purpose of identifying the shareholders with respect to whom the effects of the resolution of the OGMS apply as per Article 86 para. (1) of Law No. 24/2017 on the issuers of financial instruments and market operations.

4. Empowerment of the President of the Board of Directors, the secretary of the meeting and the technical secretary, to jointly sign the OGMS resolution, and to perform individually and not jointly any act or formality required by law for the registration of the resolution in the Commercial Registry Office of the Bucharest Tribunal, as well as for the publication of the OGMS resolution according to the law.