Franklin Templeton International Services S.À RL, in its capacity as alternative investment fund manager and sole director of Fondul Proprietatea SA (the “Fund”), wishes to inform shareholders and investors that the Fund and Hidroelectrica have selected the consortium of investment banks in versus the IPO, which is made up of international, regional and local investment banks.

The role of selected investment banks in the IPO process is to recommend the optimal transaction structure, promote the Hidroelectrica stock story to local and international investors, place securities in the IPO, as well as assisting with the listing process.

On this occasion, Ilinca von Derenthall, President of the Board of Nominees declared:

“The appointment of investment banks is a key milestone, and we are very pleased that it has been achieved as part of Hidroelectrica’s IPO. We firmly believe that the IPO and subsequent listing of Hidroelectrica will bring significant benefits to the Romanian capital markets and to Romania as a whole, as it has great potential to attract significant domestic and foreign investors for the main Romanian power generation company, one of the key companies in the Romanian energy sector. We encourage all stakeholders to continue working together to ensure that the IPO and listing are completed without delay.

Commenting on this topic, Johan Meyer, CEO of Franklin Templeton Investments Romania, and portfolio manager of Fondul Proprietatea said:

“The selection of investment banks marks an important step in the preparation for the IPO and listing of Hidroelectrica. We appreciate the stakeholder support thus far and look forward to working with the consortium of investment banks as we continue the process of preparing for the IPO and listing. We hope to be able to close this historic transaction as soon as possible. »