Appointment of the BOD Chair and BOD Committees

To: Romanian Financial Supervisory Authority (ASF)

Bucharest Stock Exchange (BVB)

London Stock Exchange (LSE)

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: 14 May 2018

Company name: Societatea Energetica Electrica S.A. (Electrica)

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)

Significant events to be reported:

Appointment of the BoD Chair and of the members of the BoD's committees

On 14 May 2018 the Board of Directors decided to appoint Mrs. Elena Doina Dascalu as Chair of the Board of Directors for a mandate of one year. Also, the Board of Directors decided the composition of the BoD's committees and elected their chairs for one year mandate, as it follows:

The Strategy and Corporate Governance committee:

- Mr. Willem Jan Antoon Henri Schoeber - Chair

- Mrs. Arielle Malard de Rothschild - Member

- Mr. Gicu Iorga - Member

The Audit and Risk committee:

- Mr. Bogdan George Iliescu - Chair

- Mrs. Arielle Malard de Rothschild - Member

- Mrs. Ramona Ungur - Member

The Nomination and Remuneration committee:

- Mr. Valentin Radu - Chair

- Mr. Bogdan George Iliescu - Member

- Mr. Elena Doina Dascalu - Member

CEO

Dan Catalin Stancu