REG - Soc EnergElectricaSA - Revised Group Strategy

Societatea Energetica Electrica SAAnnouncement

19/04/2022 07:00

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RNS Number : 4969I  Societatea Energetica Electrica SA  18 April 2022

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: 15 April 2022

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 3,464,435,970

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

 

Important events to report: Electrica Group's strategy for the period 2019 -
2023 in revised version

 

Electrica informs shareholders and investors that, during the meeting held on
15 April 2022, the Company's Board of Directors approved the revised version
of the Electric Group's Strategy for the period 2019 - 2023.

 

Updating Electrica Group's Strategy enhances the benefits obtained through the
transformation processes carried out within the distribution and supply
companies and addresses the opportunities in order to prepare the Group for a
sustainable growth. The revised version of the Strategy focuses on agile and
digital transformation of the business, as well as on business development in
complementary areas.

 

A better use and allocation of resources throughout the Group, the improvement
of the operational performance and the integration of the customer orientation
mentality, the expansion on the value chain to minimize risks and obtain
additional revenues, as well as the optimization of the business model are the
key elements to ensure a balance between the proposed value for the clients
and the maximization of the profit for the shareholders.

 

More information is available on the company's website, Investors - Strategy
Overview section, by accessing the following
link: https://www.electrica.ro/en/investors/strategy-overview/
(https://www.electrica.ro/en/investors/strategy-overview/) .

 

 

Chief Executive
Officer

Georgeta Corina Popescu

 

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