Electrica SA appointed by the General Meeting of Shareholders from December 14th, 2015 held its first meeting and appointed Mr. Cristian Busu as Chairman of the Board, for a one-year term. Also, the Board of Directors established the following committees: The Audit and Risk committee consists of - Mr. Pedro Mielgo Alvarez – chair; Ms. Arielle Malard de Rothschild – member; and Mr. Bogdan George Iliescu - member. The Nomination and Remuneration committee consist of - Mr. Bogdan George Iliescu – chair; Ms. Arielle Malard de Rothschild – member; and Ms. Corina Georgeta Popescu – member.

The Strategy, Restructuring and Corporate Governance committee consist of Mr. Michiel Boersma - chair; Ms. Ioana Alina Dragan – member; and Mr. Cristian Busu- member.