Hidroelectrica announces that Ștefan Valeriu Ivan has assumed his mandate as an interim member of the company’s Supervisory Board, following his appointment via a resolution of the Ordinary General Meeting of Shareholders on October 23, 2026.

The mandate has a duration of five months—until March 22, 2027—or until the completion of the selection process, should that occur sooner.

Mr. Ștefan Valeriu Ivan has held executive and administrative positions within companies in the energy sector, including Electrica, Transelectrica, and Distribuție Energie Electrică România. He holds a PhD in Economics from the Romanian Academy’s Doctoral School and is a graduate of the Faculty of Law at the University of Bucharest.

It is also noted that, as of October 22, 2026, the position of Chair of the Supervisory Board is held by Mr. Ion Ariton.

Hidroelectrica reaffirms its commitment to ensuring the continuity and stability of its operations, in line with the principles of responsible and transparent governance.

Hidroelectrica is the largest electricity producer in Romania and one of the primary suppliers on the national market, playing a strategic role in the Romanian energy system. The company operates 187 hydroelectric power plants with a total installed capacity of 6.3 GW, and also owns a wind farm with a capacity of 108 MW. Through its supply activity, Hidroelectrica holds a 13.9% share of the competitive electricity market in Romania.