Societatea Energetica Electrica S.a. · BVB:EL

Societatea Energetica Electrica — Electrica — Romania Investor Days by Wood&Company and Bucharest Stock Exchange 2025

75 slides from Societatea Energetica Electrica's conference presentation, Sep 30, 2025

  1. Slide 1: Presentation of Electrica H1 2025 & 2024 Financial Results

    Bucharest, September 30th - October 1st 2025 Presentation of Electrica H1 2025 & 2024 Financial Results (acc IFRS-EU) Romania Investor Days by Wood&Company and Bucharest Stock Exchange

  2. Slide 2: Disclaimer

    This document was prepared by Electrica for the presentation of H1 2025 DISCLAIMER financial results and has an informative nature. This presentation is not an offer, an invitation or recommendation to trade the securities issued by Electrica. The results presented are The consolidated financial sta

  3. Slide 3: Content

    Content 1 Electrica Group’s overview Electrica Group’s overview 2 H1 2025 and 2024 Group’s Financial Results H1 2025 and 2024 Group’s Financial Results 3 Main Corporate Events Main Corporate Events 4 Group Strategy Implementation Group Strategy Implementation Shareholdings’ Structure and Evolution o

  4. Slide 4: Electrica Group overview

    Electrica Group overview oO S ® a) is ed i) i) = e

  5. Slide 5: Electrica is the most important national distribution operator and electricity supplier in Romania

    Electrica is the most important national distribution operator and the electricity supplier with the most places of consumption in Romania Electricity Distribution Electricity Supply Users Voltage lines Distributed Energy Consumption Total market share Electricty supplied on ~3.995 million 205,043 k

  6. Slide 6: Largest Distribution Service Operator in Romania

    Largest Distribution Service Operator in Romania #2. Electrica – An Integrated Energy Platform Volumes Distributed in 2023 ➢ Through its subsidiary, the DSO Distributie Energie Electrica Romania S.A. (DEER), Electrica is a key player in the electricity distribution servicing 40.8% of Romania’s area,

  7. Slide 7: One of the Leading Players in Romania's Electricity Supply

    One of the Leading Players in Romania’s Electricity Supply 2024 Jan – June 2025 o Market leader in electricity supply Overall Market share through its subsidiary Electrica Furnizare (EFSA) by number of Electrica Furnizare consumption places - 3.4 million Others 15.10% 15.48% o Second on the overall

  8. Slide 8: Green Growth Pipeline - Production and Storage

    Green Growth Pipeline - Production and Storage 307.5 MW* Total Green Production Photovoltaic Projects (PV) 186.5 MWp Photovoltaic (PV) Satu Mare 2 27 MWp Final stage of execution Estimated Completion date: Q3 2025 Satu Mare 3 62.5 MWp Competitive selection procedure phase Estimated Completion date:

  9. Slide 9: Electrica's Capital Structure

    Electrica’s Capital Structure Electrica is the only listed Romanian company active in electricity distribution, supply and production in Romania. Its listing in July 2014 on was the largest primary initial Shared listed on BSE, Main market since 2014 (ticker EL) and public offering in Romania with t

  10. Slide 10: Corporate Governance Bodies - Non-Executive Management

    Corporate Governance Bodies - Non-Executive Management Board of Directors - Current composition – with mandates until 26 January 2028 Mr. Mihai Diaconu Mr. Dragos Neacsu Chair of the Board of Directors Mr. Adrian Lotrean Non-executive Independent Director since Non-executive Director, elected on Non

  11. Slide 11: Corporate Governance Bodies – Executive Management

    Corporate Governance Bodies – Executive Management https://www.electrica.ro/en/investors/corporate- governance/executive-management/ Mr. Alexandru-Aurelian Chirita Chief Executive Officer 17 May 2022 – 31 December 2026 Mr. Stefan Frangulea Ms. Andreea Lambru Chief Financial Officer Chief Business De

  12. Slide 12: Group's financial results H1 2025

    Group’s financial 2 results H1 2025 (acc. IFRS-EU)

  13. Slide 13: Summary Consolidated Financials (IFRS-EU)

    Summary Consolidated Financials (IFRS-EU) Revenues EBITDA1 Growth and Margin Performance (RON mn.) EBITDA (RON mn.) and EBITDA Margin (%) 9,817 Green Certificates 1,800 17.5% 21.4% 25.0% 8,995 Revenues 543 1,600 542 Revenues excl 15.1% 20.0% 14.7% 1,400 Green Certificates 1,200 15.0% 4,687 1,000 4,1

  14. Slide 14: Consolidated EBITDA and Net Result Evolution (IFRS-EU)

    Consolidated EBITDA and Net Result Evolution (IFRS-EU) The consolidated EBITDA variation 6M 2025 vs. 6M 2024 is positive of RON 388 mn., being mostly the cumulated effect of the factors below: EBITDA (RON mn.) ❑ The positive variation of the energy margin RON +360 mn., thereof: 47 • RON +171 mn. fro

  15. Slide 15: Distribution Segment – Highlights (IFRS-EU)

    Distribution Segment – Highlights (IFRS-EU) Key figures H1 2025 Financial results Users Voltage lines ~3.995 million 205,043 km EBITDA increased by RON 123 mn., mainly due to the evolution of: ▲ increase in energy margins by RON +171 mn., as an effect of: Distributed Energy ➢ RON +325 mn. – positive

  16. Slide 16: Distribution segment – main aspects (IFRS-EU)

    Distribution segment – main aspects (IFRS-EU) Distributed energy margin Relevant regulatory information: (RON mn.) The positive regulated result for H1 2025 of RON 584 mn. does not include the effect of the capitalization of the negative deviation of the cost of NL - in realized values this was RON

  17. Slide 17: RRAB Analysis for distribution segment for 2025

    RRAB Analysis for distribution segment for 2025 (RON mn.) 900 34 79 814 800 (33) 138 734 32 700 48 684 (106) 636 581 15 (72) (69) 600 500 400 (217) 300 200 148 (257) 100 (26) 0 Subsidies*, diff. Amz. Accounting vs Regulation, Provisions SOURCE: COMPANY DATA PRESENTATION OF H1 2025 FINANCIAL RESULTS

  18. Slide 18: Distribution Segment in H1 2025 – Regulated Net Result Analysis

    Total net revenue 2,155 NL realized (616) OPEX (607) Regulated amortiz. (367) Regulated 565 result 2025 YTD NL Capitalization 38 Subsidies revenues 59 Accounting deprec. (432) PRESENTATION OF H1 2025 FINANCIAL RESULTS (ACC. IFRS-EU) Regulated deprec. 367 7 Provision adjust. Monopoly tax (7) Other el

  19. Slide 19: DEER – largest distribution operator in Romania

    DEER – largest distribution operator in Romania Distribution Tarriffs (RON/MWh) Users Voltage lines 34.72 LV MV HV 34.14 31.23 ~3.995 million 300.00 205,043 km 31.22 74.69 29.09 80.69 69.44 29.55 250.00 23.35 28.48 71.38 74.86 24.63 63.05 Distributed Energy 200.00 56.70 23.77 62.32 RAB: RON 8.355 bn

  20. Slide 20: Financial impact of electricity market evolution - distribution

    The financial impact of the electricity market perspectives evolution - distribution Evolution of the cost of electricity needed to cover NL (net with income) ❑ In H1 2025, the cost of electricity purchased for NL (net with income) coverage increased by RON 119.3 mn., or 24.1%, from RON 495.5 mn. in

  21. Slide 21: Supply segment – Electrica Furnizare (IFRS-EU)

    Supply segment – Electrica Furnizare (IFRS-EU) EBITDA improved by RON 267 mn. compared to H1 2024, mainly following the evolution of the factors below: ~3.4 mn. • RON +189 mn. from the supply segment, increase generated mostly by: consumption places ➢ RON +365 mn. – the variation in revenues related

  22. Slide 22: Electrica Furnizare ranked second best among suppliers in 6 months 2025

    Electrica Furnizare ranked second best among suppliers in 6 months in 2025 The supply market consists of the competitive segment, the universal service segment (US) and the supplier of last resort (SoLR) segment. The competitive segment comprises 88 suppliers (including suppliers of last resort oper

  23. Slide 23: Supply - key aspects – 6M 2025

    Supply - key aspects – 6M 2025 Volume of Electricity Supplied Volume of Electricity Supplied Number of consumption places at Number of consumption places at on Retail Market H1 2025 (TWh) on Retail Market H1 2025 (TWh) 30 Jun 2025 (mn.) split by segment 30 June 2025 (mn.) split by type split by segm

  24. Slide 24: Financial impact of electricity market evolution – supply (1/3)

    The financial impact of the electricity market perspectives evolution – supply – 6M 2025 (1/3) Throughout January – June 2025 the gross margin achieved was RON 259 mn., RON 188 mn. above than the level achieved in H1 2024 (RON 71 mn.), and in terms of quantities there was a decrease of 49 GWh (+77 G

  25. Slide 25: Financial impact of electricity market evolution – supply (2/3)

    The financial impact of the electricity market perspectives evolution – supply – 6M 2025 (2/3) Purchase prices evolution ELECTRICITY MARKET ❑ The first quarter of 2025 was characterized by low liquidity in the wholesale market generated by the low number of offers for sale, reluctance to enter into

  26. Slide 26: Financial impact of electricity market evolution – supply (3/3): Receivables

    The financial impact of the electricity market perspectives evolution – supply – 6M 2025 (3/3) Receivables’ analysis (acc. OMFP 1802/2014) RECEIVABLES STATUS ❑ The balance of receivables decreased by 4% (RON -140 mn.) at June 2025 compared to December 2024 and dropped to RON 3,557 mn. ❑ Outstanding

  27. Slide 27: Electrica Serv (SERV) (IFRS-EU)

    Electrica Serv (SERV) (IFRS-EU) General overview Revenues 120 (RON mn.) SERV provides repair and other energy-related services to third parties, as well as several services to the companies within the group (vehicles rental, building rental 100 etc.). 80 SERV will multiply its efforts to develop the

  28. Slide 28: Production Segment (IFRS-EU)

    Production Segment (IFRS-EU) General overview Production Segment – Structure at 30 June 2025 Starting with the year 2020, the Electrica Group proposed the development of a portfolio of electricity production capacities from renewable sources (wind and photovoltaic). At the Installed Subsidiary % sha

  29. Slide 29: Group Liquidity

    Group Liquidity ❑ At Group level, the total liquidity available in cash and 2,072 GROUP LIQUIDITY overdraft limits as of 30 June 2025 was RON 1,772 mn., Total liquidity mainly due to the lower level of use of the overdraft limits (RON mn.) in the distribution and supply segments. The level of cash 1

  30. Slide 30: Improved Debt Maturity Profile

    Improved Debt Maturity Profile Bank borrowings Long term vs Short term Maturity profile of bank borrowings (RON mn.) (RON mn.) DEBT MATURITY Long term Short term Q2 2025 Total: 5,439 5,525 4,882 5,525 4,168 1,825 3,001 2,955 794 2,226 2,336 3,374 3,057 2,437 2,570 682 281 2023 2024 Q1 2025 Q2 2025 l

  31. Slide 31: Distribution of dividends

    Distribution of dividends Distributed gross dividends and distribution rates(2) Gross dividend per share (RON) and (2014 – 2024) (mn. RON / %) Dividend Yield(1) (%) 6.9% 6.9% 7.3% 6.0% 6.8% 5.2% 5.2% 6.1% 0.8600 0.7217 0.7415 0.7237 0.7300 0.7248 0.7300 100% 306 292 292 283 283 250 248 248 246 245 2

  32. Slide 32: Main Corporate Events

    3 Main Corporate Events

  33. Slide 33: Relevant Corporate Events in 2025 (1/5)

    Relevant Corporate Events in 2025 and up to date (1/5) ▪ On 5 February 2025, the OGMS and EGMS took place, physically and online, through the voting platform https://electrica.voting.ro/, with a quorum of approx. 88% of the total voting rights, which mainly approved: o Election of Mr. Mihai Diaconu,

  34. Slide 34: Relevant Corporate Events in 2025 (2/5)

    Relevant Corporate Events in 2025 and up to date (2/5) ▪ On 29 January 2025, the ELSA Board of Directors elected Mr. Mihai Diaconu as Chairman of the Board of Directors starting with 1 February 2025, for the MAIN DECISIONS OF THE BOD duration of his mandate as director and established the compositio

  35. Slide 35: Relevant Corporate Events in 2025 (3/5)

    Relevant Corporate Events in 2025 and up to date (3/5) ▪ On 29 April 2025, Electrica’s BoD approved the 2025 Consolidated value of the Investment Plan (CAPEX) of the Electrica Group, in total amount of RON MAIN DECISIONS OF THE BOD 1,544.5 mn. ▪ On 30 June 2025, Electrica’s BoD approved an increase

  36. Slide 36: Relevant Corporate Events in 2025 (4/5)

    Relevant Corporate Events in 2025 and up to date (4/5) ▪ On 31 January 2025, the second 4-year term of the Executive Director of the Distribution Department, Ms. Livioara Sujdea, effectively ended. OTHER RELEVANT EVENTS ▪ On 7 February 2025, ELSA acquired the rest of the shares up to 100% of the sha

  37. Slide 37: Relevant Corporate Events in 2025 (5/5)

    Relevant Corporate Events in 2025 and up to date (5/5) ▪ On 1 July 2025, Electrica informed its investors about the mandate given to Banca Comerciala Romana S.A., member of Erste Group (“BCR”), BNP OTHER RELEVANT EVENTS PARIBAS, Citi, ING, J.P. Morgan and Raiffeisen Bank International as Joint Globa

  38. Slide 38: Group Strategy and Sustainability

    4 Group Strategy and Sustainability

  39. Slide 39: Electrica Group – Corporate Strategic Objectives

    Electrica Group – Corporate Strategic Objectives (updated December 2024) o Renewable energy production - Target 2030 - 1000 MWh, Sustainable growth of profitability o Energy storage 2030 target: 900 MWh Development of energy production o Analysis of the possibilities of implementing predictable web

  40. Slide 40: Driving Growth Through Sustainable Practices

    Driving Growth Through Sustainable Practices Electrica Group is committed to driving sustainable growth through innovation, operational excellence and responsible governance. In 2024, the Group’s Sustainability Strategy covering 2025-2030 was updated with the aim to contribute to Romania’s energy tr

  41. Slide 41: Strategic Advantage via CSRD and ESRS Integration

    Strategic Advantage via CSRD and ESRS Integration In 2025, Electrica released its Sustainability Statement for FY2024 aligned with CSRD and ESRS requirements. As part of the Annual Report, the Sustainability statement sits alongside the Directors’ Report and Financial Statements and incorporates a d

  42. Slide 42: Electrica's Inaugural Green Bond - Financing the Energy Transition

    Electrica’s Inaugural Green Bond - Financing the Energy Transition Coupon 4.375%, annual 5 years tenor; Listed on maturity - 14 LuxSE and BSE July 2030 The green bond issuance The funds raised through carried out by Electrica in July Electrica's first bond issue will 2025 marked a milestone in EUR 5

  43. Slide 43: 2025 Green Bonds Issuance - Anchored in 2030 Strategies

    2025 Green Bonds Issuance - Anchored in Electrica’s 2030 Corporate & Sustainability Strategies Electrica’s Sustainability Commitment: Green Projects at the Core Electrica’s focus is currently on renewable energy generation, grid modernization, and energy storage investments that support Romania’s lo

  44. Slide 44: 2025 Green Finance Framework

    2025 Green Finance Framework - Financing the Energy Transition Responsibly o Purpose & Strategic Alignment ✓ Supports Electrica’s Sustainability Strategy 2025–2030 and Romania’s climate goals ✓ Aligned with the ICMA Green Bond Principles and the Substantial Contribution Criteria of the EU Taxonomy o

  45. Slide 45: Shareholdings' structure and evolution of the shares and GDRs

    Shareholdings’ structure 5 and evolution of the shares and GDRs

  46. Slide 46: Monthly Volume and Average Price of Electrica's Shares and GDRs

    Monthly Volume and Average Price of Electrica’s Shares and GDRs (1 Jan 2024 – 30 Aug 2025) 4,000,000 20.00 18.35 18.00 3,500,000 16.46 16.00 15.80 3,000,000 14.74 14.68 14.25 14.00 2,500,000 13.11 12.68 13.09 13.50 12.00 2,000,000 10.00 3,380,106 8.00 1,500,000 2,866,549 6.00 1,000,000 1,735,945 1,8

  47. Slide 47: Electrica's adjusted closing price vs BET-TR

    Electrica’s adjusted closing price vs BET-TR (1 Jan 2025 – 25 Sept. 2025) BET-TR Electrica adjusted price with dividends 60.00 49.82 50.00 40.00 32.56 30.00 20.00 1.52 10.00 0.00 -10.00 -20.00 SHAREHOLDINGS’ STRUCTURE AND EVOLUTION OF THE SHARES AND GDRS 47

  48. Slide 48: Median monthly volume vs FTSE Russell liquidity threshold

    Electrica’s Median monthly volume vs FTSE Russell liquidity threshold (admission and maintenance) - 1 January 2023 – 30 Aug 2025 First month after FTSE inclusion 250,000 250,000 Second maintenance 200,000 Third maintenance 200,000 1st maintenance 150,000 150,000 271,539 247,766 100,000 100,000 76,67

  49. Slide 49: Shareholder Structure at 30 June 2025

    Shareholder Structure at 30 June 2025 • NN Group NV own, directly or indirectly, between 10% and 15% of the total number of share with voting right • Paval Holding and Allianz SE own, directly or indirectly, between 5% and 10% of the total number of shares with voting right SHAREHOLDINGS’ STRUCTURE

  50. Slide 50: Appendices

    Appendices 6 Regulatory Aspects – Distribution Regulatory Aspects – Supply

  51. Slide 51: Important Regulatory Changes – Distribution Activity (1/5)

    Important Regulatory Changes – Distribution Activity (1/5) ❑ RP5 Regulations on Distribution tariffs DISTRIBUTION ACTIVITY o RRR: for RP5 was approved by ANRE Order no. 55/6.08.2024, the value of 6.94% for RRR. o Methodology for establishing distribution tariffs - for RP5 was approved by ANRE Order

  52. Slide 52: Important Regulatory Changes – Distribution Activity (2/5)

    Important Regulatory Changes – Distribution Activity (2/5) ❑ The methodology for establishing distribution tariffs for RP5 was approved by ANRE Order no. 67/17Sep2024 and entered into force on 20Sep2024 I. OPEX: DISTRIBUTION ACTIVITY ▪ OPEXC and the efficiency factor will be established based on the

  53. Slide 53: Important Regulatory Changes – Distribution Activity (3/5)

    Important Regulatory Changes – Distribution Activity (3/5) ❑ ANRE Order no. 97/20.12.2024 regarding the approval of the specific tariffs for the electricity distribution service and the price for reactive electricity, valid from 1 January 2025, for DEER., as well as the values of the investment plan

  54. Slide 54: Important Regulatory Changes – Distribution Activity (4/5)

    Important Regulatory Changes – Distribution Activity (4/5) ❑ ANRE order no. 53/30.07.2024 for the approval of the Methodology regarding the allocation of the electrical network capacity for the connection of the producers, as well as for the modification and completion of some ANRE orders in the fie

  55. Slide 55: Important Regulatory Changes – Distribution Activity (5/5)

    Important Regulatory Changes – Distribution Activity (5/5) ❑ ANRE Order no. 56/08.07.2025 on the Methodological Norms regarding the exemption from payment of regulated tariffs applied by the DSOs for stored electricity, DISTRIBUTION ACTIVITY extracted from the network, according to GEO 134/2024 The

  56. Slide 56: Methodology for establishing distribution tariffs RP5

    Methodology for establishing distribution tariffs RP5 Regulated Revenue VR = VR nonNL 1 + VR NL A 1 2 3 4 5 6 B 7 8 9 Reactive Revenue non NL 2 = OPEX Contr 3 + OPEX Noncontr + 3 Amortization + RRAB 4 - Revenue&other activities profit + KVP VR NL Useful NL + useful S = VR VR NL + VR NL useful T • St

  57. Slide 57: Changes in distribution tariffs methodology (1/3)

    Changes in distribution tariffs methodology (1/3) Methodology for establishing distribution tariffs - Summary RP5 vs RP4 RP4 RP5 OPEX Controllable – Costs that must be made more efficient do not OPEX Controllable – Costs that must be made more efficient do not include PEX include PEX and OSH; effici

  58. Slide 58: Changes in distribution tariffs methodology (2/3)

    Changes in distribution tariffs methodology (2/3) Methodology for establishing distribution tariffs - Comparative elements RP5 vs RP4 Cost of capital Methodology RP4 Methodology RP5 1. RAB includes: used assets for the distribution service, which 1. RAB includes: idem RP4 are registered in the DSO a

  59. Slide 59: Changes in distribution tariffs methodology (3/3)

    Changes in distribution tariffs methodology (3/3) Methodology for establishing distribution tariffs - Comparative elements RP5 vs RP4 OPEX & NL Methodology RP4 Methodology RP5 1. OPEXC start is established on the basis of OPEX study made by ANRE 1. OPEXC start is established by benchmarking analysis

  60. Slide 60: Relevant Regulatory Provisions – Supply (1/11)

    Relevant Applicable Regulatory Provisions – Supply (1/11) GEO no. 6/2025 published in the Official Gazette no. 182 on 28.02.2025 Emergency Ordinance regarding measures applicable to final customers in the PRIMARY LEGISLATION electricity market for the period April 1, 2025 – June 30, 2025, and measur

  61. Slide 61: Relevant Regulatory Provisions – Supply (2/11)

    Relevant Applicable Regulatory Provisions – Supply (2/11) o For natural gas, the final billed price is: • Maximum 0.31 RON/kWh, VAT included, for residential customers. PRIMARY LEGISLATION • Maximum 0.37 RON/kWh, VAT included, for non-residential customers whose annual natural gas consumption at the

  62. Slide 62: Relevant Regulatory Provisions – Supply (3/11)

    Relevant Applicable Regulatory Provisions – Supply (3/11) GEO no. 19/2025 published in the Official Gazette no. 282 of 31.03.2025 – Emergency Ordinance amending and supplementing certain normative acts PRIMARY LEGISLATION o An amendment to GEO no. 6/2025 is introduced by expanding its scope to inclu

  63. Slide 63: Relevant Regulatory Provisions – Supply (4/11)

    Relevant Applicable Regulatory Provisions – Supply (4/11) Order of the President of the ANPC No. 273/2025, published in the Official Gazette No. 345 of April 17, 2025 – Order of the President of the National Authority for SECONDARY LEGISLATION Consumer Protection for the approval of the Procedure fo

  64. Slide 64: Relevant Regulatory Provisions – Supply (5/11)

    Relevant Applicable Regulatory Provisions – Supply (5/11) Government Emergency Ordinance No. 35/2025, published in the Official Gazette No. 6129 of June 30, 2025 – Emergency Ordinance on the introduction of a LEGISLATION PRIMARY AND SECONDARY support mechanism for household electricity consumers aff

  65. Slide 65: Relevant Regulatory Provisions – Supply (6/11)

    Relevant Applicable Regulatory Provisions – Supply (6/11) ANRE Order no. 5/2025 published in the Official Gazette no. 223 of 13.03.2025 – Order amending the Order of the President of the National Energy Regulatory SECONDARY LEGISLATION Authority no. 52/2024 regarding the approval of the Framework Ag

  66. Slide 66: Relevant Regulatory Provisions – Supply (7/11)

    Relevant Applicable Regulatory Provisions – Supply (7/11) ANRE Order no. 10/2025 published in the Official Gazette no. 266 of 27.03.2025 – Order approving the contribution for contracts for difference (CfD). SECONDARY LEGISLATION o The contribution for contracts for difference (CfD) is approved in t

  67. Slide 67: Relevant Regulatory Provisions – Supply (8/11)

    Relevant Applicable Regulatory Provisions – Supply (8/11) ANRE Order no. 12/2025 published in the Official Gazette no. 320 of 10.04.2025 – Order regarding the take-over by electricity suppliers of electricity produced SECONDARY LEGISLATION and delivered to the grid by prosumers owning renewable ener

  68. Slide 68: Relevant Regulatory Provisions – Supply (9/11)

    Relevant Applicable Regulatory Provisions – Supply (9/11) ANRE Order no. 15/2025 published in the Official Gazette no. 423 of 08.05.2025 – Order approving the General Rules on the implementation of market making SECONDARY LEGISLATION activity on centralized natural gas markets and organized electric

  69. Slide 69: Relevant Regulatory Provisions – Supply (10/11)

    Relevant Applicable Regulatory Provisions – Supply (10/11) ANRE Order no. 21/2025 published in the Official Gazette no. 510 of 28.05.2025 – Order approving the tariff for the purchase of system services for the National SECONDARY LEGISLATION Electricity Transmission Company “Transelectrica” — S.A. o

  70. Slide 70: Relevant Regulatory Provisions – Supply (11/11)

    Relevant Applicable Regulatory Provisions – Supply (11/11) ANRE Order no. 58/2025 published in Official Gazette no. 704 on 29.07.2025 – Order for the amendment, completion, and repeal of certain orders of the SECONDARY LEGISLATION President of the National Energy Regulatory Authority regarding the e

  71. Slide 71: Relevant Regulatory Provisions – Production

    Relevant Applicable Regulatory Provisions – Production GEO no. 6/2025 published in Official Gazette no. 262 on 26.03.2025 Ordinance regarding the measures applicable to final customers in the electricity market LEGISLATION PRIMARY AND SECONDARY during the period 1 April 2025 – 30 June 2025, and meas

  72. Slide 72: Glossary

    Glossary ANRE Romanian Energy Regulatory Authority IFRIC International Financial Reporting Interpretations Committee B2B Business to Business IFRS International Financial Reporting Standard BET-TR Bucharest Exchange Trading - Total Return Index IMS Integrated Management System BM Balancing Market IP

  73. Slide 73: Financial Calendar

    28 February Publication of the Preliminary Financial Results for FY 2024 2025 Publication of the 2024 financial annual results - documents for the Ordinary 28 March General Meeting of Shareholders on 29 April 2025 Investor and analyst teleconference for presentation of 2024 consolidated financial FI

  74. Slide 74: Investor Relations

    Investor Relations ir@electrica.ro https://www.electrica.ro/en/investors/ Disclaimer This document has been prepared by Electrica and is for information purposes only. This presentation is not an offer, invitation or recommendation to trade in securities issued by 9 Grigore Alexandrescu Str., Electr

  75. Slide 75: Mr. Alexandru Chirita CEO, Mr. Stefan Frangulea CFO

    Pretul ajustat al Electrica vs. BET-TR (1 ianuarie 2025 – 8 septembrie 2025) 60.00 49.82 50.00 40.00 32.56 Mr. Alexandru Chirita 30.00 CEO 20.00 1.52 10.00 0.00 -10.00 -20.00 Mr. Stefan Frangulea BET-TR Electrica adjusted price with dividends 1 Jan 2025 – 25 Sept. 2025 CFO Romania Investor Days by W

Electrica — Romania Investor Days by Wood&Company and Bucharest Stock Exchange 2025 on 6ix