The National Power Grid Company Transelectrica has elected Bogdan Toncescu as new directorate chairman, alternatively called executive director general or chief executive officer following the meeting of its supervisory board on June 25, 2021.

The company informs the shareholders and investors that in accordance with its attributions from statutory and legal provisions the Supervisory Board decided on its meeting of 25 June 2021 as follows:

– recalling the Directorate members as of 25.06.2021, namely: Catalin Nitu, Ovidiu Anghel, Corneliu-Bogdan Marcu, Andreea-Mihaela Miu, and Marius Viorel Stanciu;

– designating for a 4-months mandate beginning with 25.06.2021 as provisional Directorate members, the following: Bogdan Toncescu, Ionut-Bogdan Grecia, Adrian Moraru, Catalin-Constantin Nadolu and Marius-Viorel Stanciu;

– appointing the provisional members Bogdan Toncescu, Ionut-Bogdan Grecia and Adrian Moraru became effective on the date of the report since they accepted their mandate.

– appointing Victor Florin Dumitriu as provisional Supervisory Board member.