Contract on supplying electric power

Article 2. - (1) On the first working day after the conclusion of the contract on traction power supply, ELECTRIFICARE shall communicate to CFR the number of on traction power supply, its validity period, the beneficiary RU’S, as well as the possibility for the RU’S to use electric traction units on the electrified railway 2026 CFR NETWORK STATEMENT ANNEX 27.a Version: 15.1.1 Update: 20.01.2026 Page: 16 / 28  Compania Naţională de Căi Ferate “CFR” S.A. Romania infrastructure managed by CFR. (2) On the basis of the written notice sent by ELECTRIFICARE, at the latest on the day following the day when the document is received, CFR shall grant the access of the RU’S’s electric traction units to the electrified railway infrastructure. Article 3. - (1) If the RU’S does not comply with at least one clause of the supply contract for which that contract sets out the right of ELECTRIFICARE to request CFR to interrupt the electric power supply by withdrawing the right of access of the RU’S’s electric traction units to the electrified railway infrastructure, hereinafter called non-conformity, there shall be carried out the following procedure: a) ELECTRIFICARE shall send to the RU’S a notice of disconnection with at least 5 working days before the deadline for starting the procedure for withdrawing the right of access of the electric traction units to the electrified railway infrastructure, and the RU’S shall remedy the non-conformity by that deadline; b) if after 4 working days from the expiry of the deadline for starting the procedure for withdrawing the right of access of the electric traction units to the electrified railway infrastructure, the RU’S has not remedied the non-conformity, ELECTRIFICARE shall send to CFR and the RU’S the notice for withdrawing the right of access of the RU’S’s electric traction units. c) if after the receipt of the notice for withdrawing the right of access of the electric traction units issued in accordance with the provisions of letter b and until the actual withdrawal of the right of access ELECTRIFICARE does not notify CFR about the remedy of the non-conformity by the RU’S, CFR shall forbid the right of access of the RU’S’s electric traction units to the electrified railway infrastructure, and shall communicate to ELECTRIFICARE the date at which this right of access was forbidden; d) if the RU’S remedied the non-conformity after the submission of the notice for forbidding the right of access set out at letter b, ELECTRIFICARE shall notify this to CFR and the RU’S by means of a notice for resuming the access of the electric traction units to the electrified railway infrastructure, at the latest on the working day following the day on which it becomes aware of its remedy; e) if until the date of the receipt from ELECTRIFICARE of the notice set out at letter d the access of the RU’S’s electric traction units has not been forbidden yet by CFR, the request for forbidding the right of access shall not apply; f) after the confirmation of the remedy of the non-conformity by the RU’S, in accordance with the provisions of letter d, upon the receipt of the notice from ELECTRIFICARE, at the latest on the day following the day when it received the document, CFR shall resume the right of access of the RU’S’s electric traction units to the public railway infrastructure, and shall notify ELECTRIFICARE on the relevant date of implementation. (2) The notice for forbidding the right of access of the electric traction units sent by ELECTRIFICARE to CFR and the RU’S in accordance with paragraph (1)(b) shall contain at least the following information: a) the identification data of the RU’S; b) the clause of the supply contract that has not been complied with by the RU’S, for which the supply is to be interrupted; c) the date of enforcing the measures for forbidding the right of access of the RU’S’s electric traction units which cannot be less than 2 working days. (3) The notice for resuming the right of access of the electric traction units sent by ELECTRIFICARE to CFR and the RU’S in accordance with paragraph (1)(d) shall contain at least the following information: a) the identification data of the RU’S; b) the date at which the RU’S remedied the non-conformity; c) the request for resuming the right of access of the RU’S’s electric traction units to the electrified railway infrastructure. 2026 CFR NETWORK STATEMENT ANNEX 27.a Version: 15.1.1 Update: 20.01.2026 Page: 17 / 28  Compania Naţională de Căi Ferate “CFR” S.A. Romania Article 4. – (1) The liability for the damages caused by the interruption of the electric power supply in accordance with Article 1 shall be borne by the RU’S, if the request of ELECTRIFICARE was submitted in accordance with the provisions of the supply contract; (2) ELECTRIFICARE shall be liable for the correctness of the notices for withdrawing and resuming the RU’S’s right of access, as well as for the possible consequences thereof if it unreasonably requested the interruption of the electric power supply. Article 5. – (1) In the understanding of the contracting parties, any notice sent by one of them to the other shall be validly transmitted if it is sent to the addresses mentioned in this Convention. (2) Any communication between the parties regarding the fulfilment of this Convention shall be sent in writing. (3) Any written document shall be registered both at the time of transmission and at the time of receipt. (4) If the notice is sent by mail, it shall be sent by registered mail with return receipt, and shall be deemed received by the addressee at the date mentioned on the return receipt. (5) The communications between the parties can also be submitted by registering them at the other party's headquarters, by phone, fax or e-mail, provided that the receipt of the communication is acknowledged in writing. (6) If the notice is sent by telex or fax, it shall be deemed received on the first working day after the day when it was sent. (7) The verbal notices shall not be taken into account by any of the parties if they are not acknowledged by means of one of the methods set out in the previous paragraphs. Article 6. This Convention shall be governed by the Romanian law. Article 7. (1) Any possible disputes between the parties shall be amicably settled as far as possible. (2) Before starting any dispute settlement procedure, the parties shall have the right to submit notices regarding the non-compliance with the provisions of this Convention. (3) The amicable settlement to be expressly accepted in writing by the parties shall be recorded in a document to be an integral part of this Convention. (4) If one of the parties does not appear within 5 days from the date mentioned in the request for amicable settlement, it shall be considered that it tacitly acknowledges the point of view of the other party(s) communicated in the notice for convening the meeting regarding the amicable settlement. (5) If an amicable settlement is not possible, any dispute arising from or in connection with this Convention, including regarding its conclusion, performance or termination, shall fall under the jurisdiction of the common law courts in Bucharest. Article 8. – The causes exonerating liability for the partial or total non-fulfilment of the obligations arising from this Convention in force majeure cases shall be those provided by Article 1.351 of Law No. 287/2009 on the Civil Code, republished, with its further amendments. Article 9. This Convention shall be valid starting from the date when it is signed by all the signatory parties. Article 10. – This Convention shall be an annex to the Contract on electric power supply, shall be an integral part of it, shall enter into force at the date of signing, and shall terminate by operation of law, without the intervention of a court, upon the termination of the Contract set out in point 3 of the preamble. This Convention has been concluded today...............................-S.C.”Electrificare CFR” S.A.,............................., S.N.T.F.C. CFR Calători S.A. ( RU ) ................................-C.N. C.F. ”CFR” S.A. in 3 (three) original copies, one for each signatory party. S.C. „Electrificare CFR” -S.A. .............................. Compania Naţională de Căi Ferate „CFR" - S.A. CEO CEO DEPUTY DIRECTOR GENERAL OPERATIONS DEPUTY DIRECTOR GENERAL 2026 CFR NETWORK STATEMENT ANNEX 27.a Version: 15.1.1 Update: 20.01.2026 Page: 18 / 28  Compania Naţională de Căi Ferate “CFR” S.A. Romania Annex No. 4 DETERMINATION OF THE ELECTRIC POWER QUANTITIES SUPPLIED Article 1. (1) The electric power consumed by the Consumer shall be determined in the asset delimitation points between the Consumer's systems and the systems of the manager of the railway contact line network. (2) The delimitation points shall be: - the collector shoes of the pantograph of the electric locomotives in case of the electric traction units; - the clamps of the electric connections of the connection system to the railway contact line network in case of the fixed consumption places. (3) For determining the electric power supplied to the Consumer, there shall also be added the electric power losses related to the supply of the railway contact line network, respectively to the systems between the delimitation points of the systems of the concessionaire distributors and the systems of the manager of the public railway infrastructure and the delimitation points as defined at Article 1 hereof. Article 2. (1) The electric power quantities consumed by the Consumer shall be determined on the basis of the recordings/readings of the metering units. (2) If the metering unit is not located in the asset delimitation point of the systems, there shall be added to the measured electric power the losses between the asset delimitation point and the metering unit, calculated in accordance with the Procedure for correcting the measured data as to the delimitation point approved by means of the ANRE Order in force. (3) If the parties do not agree otherwise, for the mobile and fixed consumption places the Consumer shall ensure the monthly reading of the data recorded by the metering units and the transmission of the files and data related to the consumption. (4) For the consumption places where the metering unit is out of order, the electric power quantities consumed shall be determined: - proportionally to the railway services supplied with the help of unmetered locomotives on the contact line network in case of the mobile consumption places on the basis of the specific consumption of the Consumer in the last 3 months for which there are completed data; - in accordance with the Procedure for determining the electric power consumption in the flat-rate system, approved by means of the ANRE Order in force in case of the fixed consumption places. - in case of the new Consumers or those that do not hold metered locomotives, proportionally to the railway services supplied with the help of the Consumer's unmetered electric traction units on the basis of the average specific consumption calculated on the entire network in the last completed month. Article 3. (1) For determining the electric power consumed in the fixed consumption places, the Consumer shall submit to the Supplier by the 10th day of the month following the consumption month the electric power consumption statement broken down by each consumption place and centralized, and determined in accordance with Article 2 of this Annex; (2) The electric power consumption statement for the fixed consumption places shall be drawn up at the level of the Consumer's territorial subunits and by the manager of the contact line network, whereas the document shall be submitted by the 10th day of the month following the consumption month. (3) By the same date - the 10th day of the month following the consumption month, for the mobile consumption places, the Consumer shall make available to the Supplier the following data filled in the templates supplied by the latter: a. the traction power consumption statement centralized for all the traction power units used by the RU’S Consumer along the entire railway network; b. the consumption files of the electric power meters on the electric traction units during the period of time between the 5th day and the 10th day of the next consumption month, before the centralizing statements; 2026 CFR NETWORK STATEMENT ANNEX 27.a Version: 15.1.1 Update: 20.01.2026 Page: 19 / 28  Compania Naţională de Căi Ferate “CFR” S.A. Romania c. the statement regarding the services of each unmetered locomotive or of each locomotive with a faulty meter during the relevant month, and the statement regarding the total services along the entire railway network, expressed in t.br.km.; d. the electric locomotive hand-over minutes; e. the metrological verification reports; f. the meter sealing minutes. (4) Upon the written request of the Supplier, within 3 working days from the request, the Consumer shall also submit to the Supplier other supporting documents related to the electric power consumption. (5) The Consumer shall notify the Supplier as soon as possible after becoming aware of the failure of a metering unit. (6) The non-compliance with the deadline for the submission of the electric power consumption statements shall be deemed a breach in bad faith of the obligations assumed by the Consumer, and shall be approached in accordance with the contract provisions, upon a 5- working day prior notice in this case. Article 4. For determining the total quantity of electric power supplied to the Consumer, there shall be added to the consumed electric power the losses related to the supply of the railway contact line network proportionally to the achieved consumption, calculated as follows: a. there shall be determined the total losses related to the supply of the railway contact line network as the difference between the electric power consumed by the railway network and communicated by the concessionaire distributors and the total electric power consumed by the Consumers of the railway network as determined in accordance with this Annex; b. there shall be determined the weight of the electric power consumed by the Consumer from the consumption achieved by all the Consumers of the contact line network; c. there shall be determined the losses related to the supply of the railway contact line network to be allocated to the Consumer on the basis of the consumption weight determined at letter b. SUPPLIER, CONSUMER, CEO SUPPLY DIRECTOR 2026 CFR NETWORK STATEMENT ANNEX 27.a Version: 15.1.1 Update: 20.01.2026 Page: 20 / 28  Compania Naţională de Căi Ferate “CFR” S.A. Romania Annex No. 5 DETERMINATION OF THE SUPPLY PRICE AND THE EQUIVALENT VALUE OF THE ELECTRIC POWER Article 1. (1) - the weighted average price of the electricity purchased for the final customer corresponding to the delivery month; - the counter value of the reactive electric energy registered by the grantee distributors related to the amount of active electric energy consumed according to the data communicated by the grantee distributors; - the counter value of the electricity supply costs at the place of consumption related to the amount of active electric energy consumed according to the data communicated by the concessionaire distributors. During the term of the Supply Contract, the "Supply Price" in a total amount of 15.08 lei/MWh, excluding VAT, for the energy consumed during the period 01.01 - 31.12.2026 composed of the counter value of the supply costs of 14.64 lei/MWh and the profit share of 0.44 lei/MWh, except where the law provides otherwise, in which case priority will be given to the incidental legal framework that applies ope legis. IN THE EVENT THAT: a - THE LAW PROVIDES OTHERWISE, PRIORITY WILL BE GIVEN TO THE INCIDENTAL LEGAL FRAMEWORK THAT WILL PREVAIL OVER THE PROVISIONS OF THIS CONTACT; b - DECISION NO. 2/24.10.2025 OF THE NATIONAL SUPERVISORY COUNCIL IN THE RAILWAY DOMAIN WILL BE SUSPENDED AND/OR ANNULLED BY THE COURT, THE PROVISIONS OF ART. 1, PARAGRAPH (1), LINE 3 OF ANNEX NO. 5 TO THE SUPPLY CONTRACT – DETERMINATION OF THE DELIVERY PRICE AND THE VALUE OF ELECTRICITY of this Contract will no longer be applicable starting from the date on which the decision to suspend and/or annul Decision no. 2/24.10.2025 will be enforceable, in which case the "Supply Price" will be applied by law in a total amount of 26.94 lei/MWh for the energ