Financial services – Decisions of Bucharest Stock Exchange Index Committee regarding the inclusion of Hidroelectrica’s shares in the stock market indices – Brief

Decisions of Bucharest Stock Exchange Index Committee
regarding the inclusion of Hidroelectrica’s shares in the stock
market indices

• During the extraordinary Index Committee meeting within the Bucharest Stock
Exchange, which took place on May 12th, 2023, decisions were approved regarding
the inclusion of Hidroelectrica’s shares in the BVB’s indices starting with the first
trading day of the company’s shares
• These decisions were taken to offer to the investors a high level of transparency
that is needed given the potential size of the Hidroelectrica IPO
• The complete procedure specifying Hidroelectrica’s shares inclusion in these
indices, as well as the new structure of the indices will be published as the
necessary information becomes available

Bucharest Stock Exchange (BVB) informs that on May 12th, 2023 during the extraordinary
meeting of the BVB Index Committee, decisions were approved regarding the inclusion of
Hidroelectrica’s shares in BVB’s indices starting with the first trading day for the company’s
shares.
The list with the decisions taken during the meeting are listed below:
1.1. Approval of inclusion of the company Hidroelectrica SA in the BET, BET-TR, BET-TRN,
BET-XT, BET-XT-TR, BET-XT-TRN, BET-BK, BET-NG and BET Plus indices starting with
the first day of trading for the company’s shares on the Main Market of BVB at the price
established during the initial public offering (IPO);

2
1.2. Approval of the principle that, in the case of the indices having a fixed number of
constituents (i.e. BET, BET-TR, BET-TRN, BET-XT, BET-XT-TR, BET-XT-TRN and BETBK) the inclusion of Hidroelectrica SA will be done by replacing an already included
company having the weakest position in terms of the relevant selection criteria for each
individual index;
1.3. Approval that the complete public disclosure regarding the procedure for the inclusion
of Hidroelectrica SA in the indices, as well as the date of calculation and the effective
date of the new structures of the indices, respecting the principles from points 1.1 and
1.2 above, will be carried out in a timely manner as the necessary information becomes
available.
The listing of Hidroelectrica’s shares – leader in electricity production and the main provider of
technological services required in the National Energy System in Romania, on the stock
exchange, following the announcement of Fondul Proprietatea related to the selling of its stake
in the company’s shares, offers the premises of having the largest IPO ever on the Bucharest
Stock Exchange. The listing of the company creates the opportunity to promote the capital
market on a large scale among institutional and retail investors in Romania and, at the same
time, the opportunity for the local capital market to be classified as an Emerging Market also by
MSCI, important global index provider, thus increasing Romania’s visibility among international
investors. In 2020, Romania was promoted by FTSE Russell to the status of Secondary
Emerging Market.