Commissioning Plan of DEER for RP5

Societatea Energetica Electrica SA

22 October 2024

 

To:                              Bucharest Stock Exchange (BSE)

                                    London Stock Exchange (LSE)

                                    Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 22 October 2024

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1^st District, Bucharest, Romania

Phone/fax no.: 004-021-2085999/004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,395,530,040

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

Significant events to be reported: Approval of the Commissioning Plan of DEER for RP5 (2025-2029)

During the meeting held on 21 October 2024, the Board of Directors of Electrica approved the consolidated value of the Investment Plan (Commissioning) of the subsidiary Distributie Energie Electrica Romania S.A. (DEER) for the period 2025-2029 (RP5 - the 5th Regulatory Period), in a total amount of RON 3,702 mn., with the following annual split:

(RON mn.)	2025	2026	2027	2028	2029	TOTAL
DEER Commissioning	706	727	747	754	768	3,702

We mention that the approval of the investment plan by ELSA's BoD resulted from the obligation of distribution operators to submit to ANRE the forecasted investment program for RP5 within 30 calendar days from the date of entry into force of ANRE order no. 67/2024 approving the Methodology for establishing tariffs for the electricity distribution service.

If ANRE considers that the forecasted investment program related to the entire regulatory period (RP5) complies with the provisions of the regulations in force, will approve the investment program, and its approved value will be included in the Regulated Asset Base (BAR) forecast for RP5.

Chief Executive Officer         

Alexandru-Aurelian Chirita

 

END