The change in the electricity transmission tariff was determined by a reduced monetary contribution owed by Transelectrica to the 2020 ANRE budget from 2.0% to 0.2% of the Company’s turnover.

Transelectrica published a document on the Bucharest Stock Exchange regarding the publication of ANRE Order 10/2020 amending ANRE Order 218/2019 on the approval of average tariffs for transmission services, the tariff components for electricity grid injection (TG) and electricity grid take-over (TL), the system service tariffs and the regulated price of reactive electricity charged by the Company. Consequently, the regulated tariffs for the electricity transmission services and system services applicable beginning with 16 January 2020 are the following:

Source: Transelectrica,Bucharest Stock Exchange

Transelectrica adds that such change in the electricity transmission tariff was determined by a reduced monetary contribution owed by Transelectrica to the 2020 ANRE budget from 2.0% to 0.2% of the Company’s turnover