REG - Soc EnergElectricaSA - Reviewed General Group Strategy

Societatea Energetica Electrica SAAnnouncement

18/12/2024 15:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241218:nRSR6369Qa&default-theme=true

RNS Number : 6369Q  Societatea Energetica Electrica SA  18 December 2024

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: 18 December 2024

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 3,395,530,040

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

 

Important events to report: Approval of the reviewed Group's General Strategy
- Electrica 2030: Strategy for a Sustainable and Innovative Future

Electrica informs its shareholders and investors that, during the Board of
Directors meeting held on 17 December 2024, the reviewed General Strategy of
Electrica Group for 2024-2030, as well as the Sustainability Strategy of
Electrica Group 2025-2030 were approved.

Electrica's strategy focuses on sustainably increasing profitability by
developing energy production and storage capacity, diversifying customer
services and modernizing distribution infrastructure. The streamlining of
operations will be achieved through operational optimization and
digitalization, and sustainable development will be supported by increasing
skills and employee retention, as well as by implementing ESG practices.

Our consistent efforts in these directions underscore our commitment to
delivering outstanding and sustainable results.

The execution of this strategy is of crucial importance. We are committed to
maintaining a rigorous focus on effective implementation to ensure that our
goals are met and that we generate long-term sustainable value.

Electrica Group's strategy focuses on these strategic objectives:

- Sustainable growth of profitability, through the development of energy production and storage capacity, development and modernization of the distribution infrastructure and diversification of services offered to customers.

- Operational efficiency, achieved through operational optimization and digitalization.

- Sustainable development, supported by skills development and employee retention, as well as the development and implementation of ESG (Environmental, Social, Governance) practices.

More details will be available latest on 31(st) December 2024 on the company's
website, in the section Investors - Strategy Overview.

Contact: ir@electrica.ro (mailto:ir@electrica.ro)  ; +40.731.796.111

 

CEO

Alexandru Aurelian Chirita

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDUWUVRSWUUAAA