26 January 2024 OGSM on-line voting availability

Societatea Energetica Electrica SA

12 January 2024

 

Announcement - Electrica invites its shareholders to vote online for the General Meetings of Shareholders from 26 January 2024

Societatea Energetica Electrica S.A. (Electrica) reminds its shareholders that, starting with 8 January 2024, the online voting platform https://electrica.voting.ro is available for voting for the Ordinary General Meetings of Shareholders (OGMS) from 26 January 2024. Only the persons registered as shareholders in the shareholders' register held by Depozitarul Central at the Reference date 27 December 2023 have the right to attend and cast their votes.

The online voting through the https://electrica.voting.ro/ platform will be available both before the shareholders' meeting, and also live during the meeting, both for those present in the meeting room and for the shareholders connected remotely by electronic means, natural and legal shareholders. Also, a shareholder or a legal representative of one or more shareholders may vote both in their own name and as the legal representative of several shareholders, by creating a single account. The shareholders' meeting will be live streamed through the above mentioned platform.

The shareholders who wish to participate in person are asked to arrive at the location of the meeting (at the Company's headquarters in Bucharest, 9 Grigore Alexandrescu Str., District 1, "Radu Zane" conference room) at least 15 minutes before the meeting, in order to allow sufficient time for registration.

We also remind the shareholders that, alternatively, they can exercise their voting rights by correspondence or by proxy, with the mention that the related documents must be received by Electrica until 22 January 2024, inclusively.

For more details, we kindly ask the shareholders to consult, on the company's website, the Policy on organizing and running the GMS and the Procedure for using electronic means of participation and voting at the GMS of Electrica, as well as the convening notice and the documents related to the meeting, available here: General Meeting of Shareholders as of 26 January 2024.

In summary, information related to the electrion of the members of the Board of Directors through the cumulative voting method

The application of the cumulative voting method involves electing  the entire Board of Directors within the OGMS, through the cumulative voting method, as regulated by FSA's Regulation 5/2018.

The total number of cumulative votes to which a shareholder is entitled is obtained by multiplying the number of Electrica shares owned at the Reference Date by the figure 7 (seven), which represents the number of directors who are to form the Board of Directors. There are thus 7 seats available and 13 candidates. Each shareholder has the right to cast its cumulative votes to one or more candidates. The number of votes cast by a shareholder on the voting ballot cannot exceed the number of cumulative votes of the respective shareholder, under penalty of cancellation of the voting ballot for the respective item on the agenda. Electrica may provide, at the request of a shareholder, information on the number of cumulative votes held by the shareholder at the reference date.

For any questions, please contact Investor Relations at [e-mail] or [phone] or [phone].

CEO                                                                           

Alexandru-Aurelian Chirita                                      

 

END