On January 27, 2017, at the HQ of Societatea Energetica Electrica S.A, the Board of Directors decided to appoint Mr. Cristian Busu as BoD chair for a mandate of one year. Also, the Board of Directors decided the composition of the BoD's committees and elected their chairs for one year mandate, as follows: The Audit and Risk committee: Mr. Pedro Mielgo Alvarez - chair; Ms. Arielle Malard de Rothschild - member; and Mr. Bogdan George Iliescu - member. The Nomination and Remuneration committee: Mr. Bogdan George Iliescu - chair; Ms. Arielle Malard de Rothschild - member; and Ms. Corina Georgeta Popescu - member. The Strategy and Corporate Governance committee: Mr. Willem Jan Antoon Henri Schoeber - chair; Ms. Ioana Alina Dragan - member; and Mr. Cristian Busu - member.