Societatea Energetica Electrica SA logo

ELSA - Societatea Energetica Electrica SA News Story

$9 0.0  0.0%

Last Trade - 30/11/21

Sector
Utilities
Size
Mid Cap
Market Cap £572.4m
Enterprise Value £683.1m
Revenue £1.14bn
Position in Universe 566th / 1804

Soc EnergElectricaSA - Transactions related parties EFSA - Hidroelectrica

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211119:nRSS9628Sa&default-theme=true

RNS Number : 9628S  Societatea Energetica Electrica SA  19 November 2021

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, ASF Regulation no. 5/2018, and the
Bucharest Stock Exchange Code

Report date: 19 November 2021

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 (BVB) and London Stock Exchange (LSE)

 

Significant events to be reported: Transactions with related parties according
to Art. 108 of Law No. 24/2017 concluded by Electrica Furnizare SA (EFSA),
subsidiary of Societatea Energetica Electrica SA (Electrica), with S.P.E.E.H.
Hidroelectrica (Hidroelectrica)

Electrica informs its shareholders and investors about the conclusion, on 17
November 2021, of several transactions between EFSA, Electrica's subsidiary,
and Hidroelectrica, having a value that, cumulated with the rest of the
transactions concluded/executed in the period 1 January - 17 November 2021,
exceeds the threshold of 5% of Electrica's net assets, according to
Electrica's individual financial statements for 2020, respectively exceeds the
value of RON 202,466,778.

Details regarding the transactions concluded on 17 November 2021, together
with the rest of the transactions already concluded in the period 1 January -
17 November 2021, containing information about the date of execution, type of
transaction, description of its scope, total value of the transaction, expiry
date, mutual debts and receivables, guarantees, penalties, payment due dates
and methods are presented in Annex 1.

 

CEO
 

Georgeta Corina Popescu
 

 
 

 

 

 

 
 

Annex 1: Details regarding the transactions concluded by EFSA with
Hidroelectrica in the period 1 January - 17 November 2021 of the kind listed
in Art. 108 of Law No. 24/2017

 

 Agreement Type and No., execution date                                         Scope of the agreement                                                         Amount of transactions  Date of entry into force  Expiry date                                                                     Guarantees                                                                     Penalties (RON th.)                                                             Payment due dates and payment methods

                                                                                                                                                                                                                                                                                                  (RON th., unless otherwise specified)
 Buyer: EFSA

 Seller: Hidroelectrica
 Transaction ID 37232/ 6 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               451.92                  6 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37334/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               470.06                  8 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37343/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               468.72                  8 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.

 Transaction ID 37344/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               468.72                  8 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37345/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               468.72                  8 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37347/ 8 Jan 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               468.72                  8 January 2021            17 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37596/ 19 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               425.04                  19 January 2021           31 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.

                                                                              ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working

                                                                                                                                                              day or the 5(th) working day from the receipt of the invoice.
                                                                                                                                                                                                                                                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid
                                                                                                                                                                                                                                                                                                 until 25 January 2023
 Transaction ID 37645/ 22 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               223.44                  22 January 2021           31 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.

                                                                              ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working

                                                                                                                                                              day or the 5(th) working day from the receipt of the invoice.
                                                                                                                                                                                                                                                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid
                                                                                                                                                                                                                                                                                                 until 25 January 2023
 Transaction ID 37646 / 21 Jan 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               223.44                  21 January 2021           31 January 2021                                                                 Guarantee of RON 2 mill. on the EFET contract no. 872 / 29.12.2015, valid      For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2021                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.

                                                                              ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working

                                                                                                                                                              day or the 5(th) working day from the receipt of the invoice.
                                                                                                                                                                                                                                                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid
                                                                                                                                                                                                                                                                                                 until 25 January 2023
 Transaction ID 37743 / 27 Jan 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               218.40                  27 January 2021           7 February 2021                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37745 / 27 Jan 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               218.40                  27 January 2021           7 February 2021                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37758/ 28 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               883.68                  28 January 2021           28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37791/ 28 Jan 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               210.21                  28 January 2021           7 February 2021                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37832/ 1 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               210.00                  1 February 2021           7 February 2021                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37871/ 1 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               208.32                  1 February 2021           7 February 2021                                                                 Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 37993/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               214.20                  8 February 2021           21 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38010/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               203.28                  8 February 2021           14 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38013/ 8 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               203.28                  8 February 2021           14 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38229/ 18 Feb 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               201.60                  18 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38248/19 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               201.60                  19 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38305/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               200.76                  22 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38309/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               199.92                  22 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.

 Transaction ID 38311/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               199.08                  22 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38312/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               199.08                  22 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 38315/22 Feb 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               198.25                  22 February 2021          28 February 2021                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Convention 209/ 9 Mar 2021, concluded on PCCB-NC                               Sale and purchase of electricity                                               788.40                  9 March 2021              30 April 2021                                                                   788.40                                                                         Late payment penalties are calculated for each day of delay, starting with the  The invoice is issued no later than the first working day of the month
                                                                                                                                                                                                                                                                                                                                                                                day immediately following the due date and until the date of payment of the     immediately following the month of delivery.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive.

                                                                               Payment shall be made before the last of the following dates: (a) the 7(th)
                                                                                                                                                                                                                                                                                                                                                                                The level of delay penalties corresponds as a percentage of the interest due    working day following the date of dispatch of the invoice; or (b) the 8(th)
                                                                                                                                                                                                                                                                                                                                                                                for non-payment on time of the obligations to the state budget, for each day    working day immediately following the month of delivery.
                                                                                                                                                                                                                                                                                                                                                                                of delay.
 Transaction ID 38768/30 Mar 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               932.40                  30 March 2021             30 April 2021                                                                   Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PCCB-NC                                                                                                                                                                                                                                                                            until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Convention 475/                                                                Sale and purchase of electricity                                               7,025.20                8 April 2021              31 December 2022                                                                972.72                                                                         Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 8 Apr 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                          amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 476/                                                                Sale and purchase of electricity                                               7,052.86                8 April 2021              31 December 2022                                                                976.55                                                                         Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 8 Apr 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                          amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 477/                                                                Sale and purchase of electricity                                               7,125.87                8 April 2021              31 December 2022                                                                986.66                                                                         Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 8 Apr 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                          amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Transaction ID 39191/13 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               250.32                  13 May 2021               23 May 2021                                                                     Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39385/21 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               478.80                  21 May 2021               30 May 2021                                                                     Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39526/28 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               1,206.00                28 May 2021               30 June 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39532/28 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               1,206.00                28 May 2021               30 June 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39549/28 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               1,170.00                28 May 2021               30 June 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39587/28 May 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               504.00                  28 May 2021               6 June 2021                                                                     Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39597 /28 May 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               1,159.20                28 May 2021               30 June 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39607 /3 Jun 2021, annex to EFET contract No. 872/29 Dec 2015,  Sale and purchase of electricity                                               1,372.68                3 June 2021               31 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39644 / 4 Jun 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               1,365.24                4 June 2021               31 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39694 / 10 Jun 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               1,376.40                10 June 2021              31 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39727 / 11 Jun 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               1,432.20                11 June 2021              31 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 39735 / 14 Jun 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               2,886.72                14 June 2021              31 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Convention 1124/                                                               Sale and purchase of electricity                                               15,799.97               23 June 2021              31 December 2022                                                                2,250.96                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 23 Jun 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                         amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 1125/                                                               Sale and purchase of electricity                                               15,688.28               23 June 2021              31 December 2022                                                                2,235.04                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 23 Jun 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                         amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 1126/                                                               Sale and purchase of electricity                                               15,745.22               23 June 2021              31 December 2022                                                                2,243.16                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the

                                                                                                                                                                                                                                                                                                                                                                              immediately following the due date and until the date of settlement of the      contractual delivery month.
 23 Jun 2021, concluded on PCCB-LE-Flex                                                                                                                                                                                                                                                                                                                                         amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Transaction ID 40152 / 23 Jul 2021, annex to EFET contract No. 872/29 Dec      Sale and purchase of electricity                                               255.60                  23 July 2021              25 July 2021                                                                    Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 2015, concluded on PC-OTC                                                                                                                                                                                                                                                                       until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 40190 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               17,782.80               2 August 2021             31 December 2022                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 40194 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               17,804.70               2 August 2021             31 December 2022                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Transaction ID 40196 / 2 Aug 2021, annex to EFET contract No. 872/29 Dec 2015, Sale and purchase of electricity                                               17,826.60               2 August 2021             31 December 2022                                                                Guarantee of RON 24.486 th. on the EFET contract no. 872 / 29.12.2015, valid   For due debts, an interest will be charged, from and inclusive, the due date    The seller will send the invoice during the calendar month following a supply
 concluded on PC-OTC                                                                                                                                                                                                                                                                             until 25 January 2023                                                          until, exclusively, the date of payment. The interest rate will be the 3-month  of electricity according to the delivery schedule for the previous month.
                                                                                                                                                                                                                                                                                                                                                                                ROBOR rate at 11 a.m. on the due date + 3% per year.                            Payment is made on or before the last of the following dates: the 20(th)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                calendar day or if it is not a working day, then immediately the next working
                                                                                                                                                                                                                                                                                                                                                                                                                                                                day or the 5(th) working day from the receipt of the invoice.
 Convention 2142/28 Sept 2021, concluded on PCCB-LE-Flex                        Sale and purchase of electricity                                               14,358.45               28 September 2021         31 December 2022                                                                1,988.09                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 2647/16 Nov 2021, concluded on PCCB-LE-Flex                         Sale and purchase of electricity                                               31,412.99               16 November 2021          31 December 2022                                                                4,349.49                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 2648/16 Nov 2021, concluded on PCCB-LE-Flex                         Sale and purchase of electricity                                               30,831.42               16 November 2021          31 December 2022                                                                4,268.97                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 2651/16 Nov 2021, concluded on PCCB-LE-Flex                         Sale and purchase of electricity                                               30,707.04               16 November 2021          31 December 2022                                                                4,251.74                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 2669/17 Nov 2021, concluded on PCCB-LE-Flex                         Sale and purchase of electricity                                               51,811.02               17 November 2021          31 March 2023                                                                   7,381.30                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Convention 2670/17 Nov 2021, concluded on PCCB-LE-Flex                         Sale and purchase of electricity                                               51,801.38               17 November 2021          31 March 2023                                                                   7,379.92                                                                       Penalty interest is calculated for each day of delay, starting with the day     The invoice is issued in the first 3 financial days of the month following the
                                                                                                                                                                                                                                                                                                                                                                                immediately following the due date and until the date of settlement of the      contractual delivery month.
                                                                                                                                                                                                                                                                                                                                                                                amount due, inclusive. The level of penalty interest is 0.1% for each day of

                                                                                                                                                                                                                                                                                                                                                                                delay. Additional compensation in case of termination, equal to the value of    Payment shall be made by the tenth day of the contract month following the
                                                                                                                                                                                                                                                                                                                                                                                electricity related to a number of 31 days of delivery, regardless of the       month of delivery. If the 10(th) calendar day of the month following the
                                                                                                                                                                                                                                                                                                                                                                                number of days of delivery remaining until the completion of electricity        contract month is a non-working day, payment will be made no later than the
                                                                                                                                                                                                                                                                                                                                                                                supplies related to the contract.                                               next working day.
 Beneficiary: Hidroelectrica

 Provider: EFSA
 Contract 247/21 Jul 2004 - MN                                                  Re-invoicing - pensioners energy quota Equivalent value of electricity granted 229.63                  21 July 2004              During the period of GD 1041/ and GD 1461/2003                                  N/A                                                                            If the beneficiary does not pay the value of the invoices within 30 days from   The supplier issues the invoice within 5 working days from the expiration date

                                                                              to individuals benefiting from the provisions of GD.1041/2003 and GD.1461/2003
                                                                                                                                                                                        the due date, he owes the supplier penalties in the amount of 0.05% for each    of each month in which the electricity was invoiced to the pensioners.
 Contract 13 /2 Jun 2004 - TN                                                                                                                                                                                                                                                                                                                                                   day of delay, starting with the 31st day and until full payment of the

                                                                                                                                                                                        invoice. The amount of the penalties shall not exceed the value of the amount   Payment of the invoice will be made until the 25th of the month following the
                                                                                                                                                                                       2 Jun 2004                                                                                                                                                                               on which they were calculated.                                                  reference month.

 Contract 119 / 10 Jun 2004 - TS                                                                                                                               10 Jun 2004                                       If the beneficiary does not pay the value of the invoices on time, he owes the  The supplier issues the invoice within 10 calendar days from the expiration
                                                                                                                                                                                                                 supplier penalties in the amount equal to that provided for non-payment of      date of each month in which the electricity was invoiced to the pensioners.
                                                                                                                                                                                                                 obligations to the State Budget for each calendar day of delay, starting with

                                                                                                                                                                                                                 the due date and until full receipt of the invoice. The amount of the           Payment of the invoice will be made within 15 calendar days from the date of
                                                                                                                                                                                                                 penalties shall not exceed the value of the amount on which they were           issue.
                                                                                                                                                                                                                 calculated.
 Contract 319/25 May 2021                                                                                                                                      25 May 2021                                       If the beneficiary does not pay the payment obligations within 30 days from     The provider issues the monthly invoice until the 15(th) of each month, with
                                                                                                                                                                                                                 the due date, he owes the provider penalties equal to the level of interest     the date of issue on the last day of the previous month.
                                                                                                                                                                                                                 charged for late payment of debts to the State Budget, for each calendar day

                                                                                                                                                                                                                 of delay, starting with due and until full payment, including the day of        Payment of the invoice will be made within 30 calendar days from the date of
                                                                                                                                                                                                                 payment. The amount of the penalties will not exceed the value of the           issue.
                                                                                                                                                                                                                 settlement invoice.

 

Total executed amount during 1 January - 17 November 2021: RON 357,026.23 th.

Due and not due mutual receivables of EFSA to Hidroelectrica at 16.11.2021:
RON 11.93 th.

Due and not due mutual debts of EFSA to Hidroelectrica at 16.11.2021: RON 0
th.

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  MSCBLBPTMTJBMPB
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.