Societatea Nationala Nuclearelectrica : Current report regarding the payment of dividends as per the provisions of art. II and art. III of the Government Emergency Ordinance no. 29/2017

Report date: 02.10.2017

Name of the issuing entity: Societatea Nationala NUCLEARELECTRICA S.A.

Registered office: Strada Polona nr. 65, Sector 1, Bucuresti

Phone/fax number: 021-203.82.00 / 021 - 316.94.00

Sole Registration Code with the Trade Register Office: 10874881

Order number: J40/7403/1998

Subscribed and paid share capital: RON 3.015.138.510

Regulated market on which the issued securities are traded: Bucharest Stock Exchange

Societatea Nationala Nuclearelectrica S.A. ("SNN") informs its shareholders that following the resolution no. 8 of the Ordinary General Meeting of the Shareholders of 28.09.2017, SNN will make the payment of the dividends distributed as per the provisions of art. II and art. III of the Government Emergency Ordinance no. 29/2017 through Depozitarul Central S.A. and BRD - Groupe Société Générale ("BRD"), the selected payment agent.

The dividend payment shall be made starting with 03.11.2017 to its shareholders registered in the Shareholders' Registry kept by Depozitarul Central S.A. on the registration date of 17.10.2017.

The value of gross dividend is RON 0,364825694 per share, and the applicable dividend tax will be deducted prior to payment, within the legal rates. Net dividend payment shall be made in LEI.

Details concerning the payment methods of the dividends are presented in the document

"Important notice regarding the payment of dividends distributed as per the provisions of art. II and art. III of Government Emergency Ordinance no. 29/2017 by SN Nuclearelectrica S.A.", attached hereto as well as on the company's website www.nuclearelectrica.ro, Investor Relations/Additional dividends 2017 section.

65 Polona Street, District 1, 010494, Bucharest, Romania; Tel +4021 203 82 00, Fax +4021 316 94 00; Trade Registry number: J40/7403/1998, Sole registration code: 10874881,

Paid and subscribed capital: 3.015.138.510 lei office@nuclearelectrica.ro, www.nuclearelectrica.ro

Following the resolution number 8 of the Ordinary General Meeting of Shareholders dated 28.09.2017 Societatea Nationala Nuclearelectrica S.A. ("SNN") announces the payment of dividends as per the provisions of art. II and art. III of Government Emergency Ordinance no. 29/2017 through the Depozitarul Central S.A. and BRD - Group Société Générale (BRD), the selected payment agent.

The gross value of dividend per share is RON 0,364825694 and the applicable dividend tax will be deducted prior to payment, within the legal rates.

The payment of the net due dividends distributed as per the provisions of art. II and art. III of Government Emergency Ordinance no. 29/2017 is subject to the general prescription provisions, being prescriptible within three (3) years since the payment date, namely 03.11.2020.

1. Direct payment in the bank account of the Participants (Brokers/Custodian Banks) - for individual/legal shareholders having an account opened with a PARTICIPANT in the clearing- settlements and registry system of the Depozitarul Central.

   For individual, legal and other entities shareholders who, on the registration date 17.10.2017, hold shares in Section II of the SNN Shareholders' Registry, in an account opened with a Participant, the amounts due will be automatically paid by bank transfer through the Depozitarul Central on behalf of SNN, on the payment date 03.11.2017, in the Participant's account, without presenting additional documents.

   NOTE 1: All the shareholders who have accounts opened with the PARTICIPANTS, cannot cash in their dividends in cash/bank transfer at BRD cash desks.

   NOTE 2: SNN will not opt for delayed payment date.

2. Payment by bank transfer, on 03.11.2017, in the accounts of the individual and legal shareholders, who are not represented by the Participant, and who submit their payment option and supporting documents to SN Nuclearelectrica S.A. by 23.10.2017, inclusive, (date of receipt of documents by SNN).

   The supporting documents mentioned in Appendix 1, item 2, for the bank transfer directly in the shareholder's account will be submitted to SN Nuclearelectrica S.A. not later than 23.10.2017, inclusive, either by mail at the address: 65 Polona Street, District 1, Bucharest, for the attention of the Communication and Investors Relations Department, either deposited at the company's registration desk.

   As per the capital market applicable legislation, starting with 2015, Depozitarul Central provides all shareholders who are not represented by Participants with the possibility to receive any due amount through direct bank transfer into a bank account, irrespective of the issuer distributing the amounts of money. This option implies the registration of the IBAN code with the Depozitarul Central, which can be used to cash in more or all the holdings and which remains valid for future distributions, unless the

   shareholders notify otherwise. The registration of the IBAN code by Depozitarul Central will be taxed by Depozitarul Central in compliance with the fee list for the owners of securities and will be borne by each shareholder. For more details regarding this payment option, SNN shareholders are invited to contact the Depozitarul Central at the phone numbers +40 21.408.58.74, or e-mail dividende@depozitarulcentral.ro .

3. Payment through payment agent - BRD Groupe Société Générale

1. In cash at the BRD cash desks in Romania for individual shareholders who don't have a bank account opened with a Participant and who don't have the IBAN code registered with the Depozitarul Central

   For the shareholders who do not fall under items 1 and 2 above, dividend payment shall be made in cash at the cash desk of any BRD unit in Romania.

2. Through bank transfer for individual and legal/other entities who don't have a bank account opened with a Participant and who don't have the IBAN code registered with the Depozitarul Central

   Under this item fall all the shareholders, exception from items 1 and 2 above, who are not represented by a Participant and who have not submitted their payment option by bank transfer to SN Nuclearelectrica S.A. until 23.10.2017, inclusive.

   The individual and legal/other entities shareholders who are in the situation described at item 3, letter

   b) and who opt for payment by bank transfer may request the payment agent BRD to make the payment by bank transfer by presenting at the cash desk the application for payment by bank transfer accompanied by the supporting documents mentioned in Appendix 1 at item 2.

   Applications for payment by bank transfer forms will be processed based on the following forms:

   • For individual shareholders: "Application for payment by bank transfer of the net dividends distributed by SN Nuclearelectrica S.A. - Individual shareholders"

   • For legal/other entities shareholders: "Application for payment by bank transfer of the net dividends distributed by SN Nuclearelectrica S.A. - Legal/other entities shareholders"

which are available on the website www.nuclearelectrica.ro, Investors Relations/Additional dividends 2017 section or on the website of BRDwww.brd.ro or which can be requested at any BRD cash desk in Romania.

The payment application form for net dividends through bank transfer, in original, together with the supporting documents mentioned here within, shall be submitted as follows:

1. At BRD cash desks, starting with the payment date 03.11.2017;

2. Sent by mail, by certified letter, to "Directia Titluri - BRD METAV- Corp A2, 67-77 Biharia street, District 1, Bucharest, Romania". In this case, the supporting documents requested in Appendix 1, in simple photocopy shall be submitted in legalized copy, with the exception of the confirmation of the company's details issued by the Trade Registry Office (original or photocopy).

The list of BRD units is available on the website https://www.brd.ro/agentii-si-atm-uri/.

As per the provisions of the Fiscal Code in force, the applicable standard dividend tax is of 5% from the gross amount of dividends, with the exceptions regarding the dividend tax exemptions provided distinctively. At the same time, the non-resident shareholders may benefit of a more favorable dividend tax, as per the provisions of the Fiscal Code and the conventions for the avoidance of double taxation concluded between Romania and the residence state of the respective shareholder, on the basis of the valid tax residency certificate submitted by the non resident shareholder.

The non-resident shareholders, who have bank accounts opened with the Participants (Broker/Custodian Bank) as well, respectively, those who don't have bank accounts opened with the

In case the tax residency certificate together with "the application for back transfer of the net dividends distributed by SNN - Legal persons/other entities" are presented after 23.10.2017, but not later than 15.12.2017, SNN will retain, on the payment date (03.11.2017), the standard dividend tax provided by the Romanian Fiscal Code, following that any remaining tax due to the shareholders be paid after the submission and verification of the documentation, if after the reception and verification it results that the shareholder is entitled to a lower rate of tax than the standard one provided by the Romanian Fiscal Code.

SNN reserves its right to ask the shareholders/representatives for additional documents following the analysis of the application for dividend payment. The tax residency certificate together with the supporting documentation may also be submitted at the payment agent BRD offices starting on the payment date (03.11.2017) or sent by mail, through certified letter, to: "Directia Titluri - BRD METAV - Corp A2, 67-77 Biharia street, District 1, Bucharest".

The tax residency certificates submitted by the Participants after 23.10.2017 for the shareholders that they represent, may be submitted at SN Nuclearelectrica S.A., 65 Polona Street, District 1, Bucharest, ZIP 010494. The Participants shall mention on the letter of submission of the above mentioned fiscal documents, the fact that they refer to the shareholders of SN Nuclearelectrica S.A. and to the dividends distributed as per the provisions of art. II and art. III of the Government Emergency Ordinance no. 29/2017, indicating the list of shareholders for which the fiscal documents are submitted, list which must contain: the full name of the shareholder (in case the name in the Shareholders' Registry is different from the one mentioned in the fiscal documents, explanations will be given in the "Other observations" section), the identification code of the shareholder in compliance with the identification code submitted to Depozitarul Central (i.e. NIN), the number of shares owned at the registration date, other observations.

In case the supporting documents are issued in another language than Romanian and/or are issued by foreign authorities, they must be submitted with apostille/supra-authentication, if applicable, as well as in Romanian legalized translation.

BRD will make the net dividend payment within at most 2 bank days (or 10 bank days in the case of non- resident shareholders who submit the tax residency certificate) since the date of reception by BRD of the payment application, accompanied by complete and correct supporting documents.

The creditation of the shareholders' bank accounts depends on the inter-banking circuit and the chain of corresponding banks.

As per the Law no. 207/2015 regarding the Fiscal Procedure Code as well as the Law no. 3249/03.11.2016 regarding the modification and update of the Order of the President of the Fiscal Administration National Agency no. 3698/2015 for the approval of the contributors fiscal registration documentation and of the fiscal obligations types which form the legal vector, SNN non-resident natural and legal person shareholders have the obligation to fiscally register in Romania, by submitting the Fiscal Registration Declaration 015 (for non-resident legal persons shareholders) and 030