Marian Şerban will leave Nuclearelectrica from August 1st



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Marian Şerban, the deputy general manager with the remit of Cernavoda's CNE subsidiary, will leave the company on August 1, a report published Thursday on the Bucharest Stock Exchange website said.

"SN Nuclearelectrica SA informs the shareholders and the investors that from 1 August 2018 the contractual relations between SNN and Mr. Marian Şerban, Deputy Director General with attributions
director of CNE subsidiary Cernavoda, will cease by agreement of the parties, "the company said in the report.

According to SNN, according to the procedures applicable in the company, the position of branch manager of CNE Cernavoda is ensured on the basis of the principle of continuity.

"In this case, an interim will be assured until the completion of the internal competition for the post of director of the subsidiary CNE Cernavoda.The position of director of the subsidiary CNE Cernavoda will be
assured, as always, by a nuclear energy expert from the Cernavoda NPP, in accordance with the provisions of the Nuclear Activities Control Commission (CNCAN)
not. 14 ", says SNN.

"In accordance with the obligations arising from the legal provisions of the capital market, SNN will send the current report after the completion of the competition and the occupation of the post of branch manager CNE Cernavoda",
SNN announcement.

During the three-month period ending March 31, 2018, the national company Nuclearelectrica (SNN) reported a net profit of 189.99 million lei, up 51.7% over the same period.
last year.

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