Public Enterprise Administrator

ANNOUNCEMENT REGARDING THE SELECTION OF BOARD MEMBERS

for the occupation of 3 (three) administrator positions of ARAD ENERGY S.A.

This selection process is conducted in accordance with the provisions of the Government Emergency Ordinance on corporate governance of public enterprises and with those of the Government Decision approving the methodological norms for the application of the Government Emergency Ordinance on corporate governance of public enterprises.

GENERAL CONDITIONS TO BE MET BY CANDIDATES

Candidates for all board member positions must meet, mandatorily and cumulatively, the following conditions:

a) know the Romanian language (written and spoken);

b) have completed higher education with at least a bachelor's degree;

c) demonstrate experience in engineering, economic, social, legal sciences, or in the Company's field of activity for a minimum of 7 years;

d) demonstrate experience of a minimum of 3 years in managing companies, public or private capital enterprises, or autonomous régies (experience in managing companies, public or private capital enterprises, or autonomous régies is understood as holding any management position, as defined in art. 143 of Law no. ., republished, with subsequent amendments and additions, as well as the position of company/autonomous régie administrator, general manager/deputy general manager/manager/deputy manager of a company or autonomous régie, executive manager, economic/financial manager, as the case may be, according to the Classification of Occupations in Romania);

e) are not in any of the situations provided for in art. ., art. 12 para. (3), art. 30 para. (9) and art. 36 para. (7) of O.U.G. no. .;

f) are not in the situation provided for in art. 169 para. (10) of Law no. on insolvency prevention and insolvency procedures, with subsequent amendments and additions;

g) are not in the situation provided for in art. 73^1 of Law no. on companies, republished, with subsequent amendments and additions;

h) are not within the 3-year prohibition period from holding a public office as provided for in art. 1 of Law no. on integrity in the exercise of public functions and dignities, for the amendment and completion of Law no. on the establishment, organization and functioning of the National Integrity Agency, as well as for the amendment and completion of other normative acts, with subsequent amendments and additions;

i) the quality of board member of the company is not of a nature to cause a state of incompatibility or conflict of interest;

j) have full legal capacity;

k) are medically fit;

l) meet all conditions provided for in O.U.G. no. and in G.D. no.

SPECIFIC CONDITIONS TO BE MET BY CANDIDATES

ADMINISTRATOR A – auditor profile (1 position):

For the Administrator A position, candidates must meet, cumulatively, the following specific conditions:

a) must be authorized as a financial auditor and registered in the public electronic register by the competent authority in Romania, another Member State, the European Economic Area or Switzerland or must have at least 3 years of statutory audit experience acquired through participation in statutory audit missions in Romania or within audit committees formed at the level of boards of directors/supervision of public interest companies/entities, proven by supporting documents;

b) must have completed higher education with at least a bachelor's degree;

c) must demonstrate experience in engineering, economic, social, legal sciences, or in the company's field of activity for a minimum of 7 years;

d) must demonstrate experience in managing companies, public or private capital enterprises, or autonomous régies for a minimum of 3 years.

ADMINISTRATOR B – general profile (2 positions):

For the Administrator B position, candidates must meet, cumulatively, the following specific conditions:

a) must have completed higher education with at least a bachelor's degree;

b) must demonstrate experience in engineering, economic, social, legal sciences, or in the company's field of activity for a minimum of 7 years;

c) must demonstrate experience in managing companies, public or private capital enterprises, or autonomous régies for a minimum of 3 years.

SELECTION CRITERIA

A. COMPETENCIES: Specific competencies for the company's field of activity, professional competencies of strategic importance, corporate governance competencies, social and personal competencies, local and international experience, specific competencies and restrictions for public officials or other categories of personnel within the tutelary public authority or within other public authorities or institutions, alignment with the letter of expectations;

B. TRAITS: Personal and professional reputation, integrity, political exposure, independence, interpersonal communication skills, vision.

C. OTHER CRITERIA: entries in the fiscal and judicial records, economic-financial results of the enterprises in which the candidate exercised the mandate of administrator or director, gender criteria.

SUBMISSION OF APPLICATION FILES

The application file must be submitted mandatorily by the deadline of 15:00, in physical format (on paper) at the Registry of the Arad Municipality City Hall, at the address: B-dul. Revoluției no. ., Public Relations and Homeowners Associations Service - Cenad Palace, room ., and in electronic format, at the institutional address of the Selection and Nomination Committee .

Physical format file: paper files will be submitted in a closed and sealed envelope, on which the following text will be written: “Application for Administrator A (or B, as the case may be) of ARAD ENERGY S.A.” Application files registered at the tutelary public authority's registry after the deadline set above will not be considered, being considered submitted after the deadline, and

Electronic format file: electronic application files are to be sent to the e-mail address with the following text in the subject line: “Application for Administrator A (or B, as the case may be) of ARAD ENERGY S.A.” [Candidate’s First and Last Name]”.

Mandatory rules for submitting application files:

a) The application file must be submitted mandatorily in both physical and electronic format, by the same deadline established by this announcement.

b) The content of the electronic file must entirely coincide with that of the application file submitted in physical format.

c) The application file will mandatorily contain a TABLE OF CONTENTS of documents, for both the file submitted on paper and the file sent in electronic format.

d) The documents in the application file must be placed mandatorily in the order provided in the list of documents required for application submission and in the TABLE OF CONTENTS of the file.

e) Email messages for submitting the electronic file, as well as the attached documents, must mandatorily contain the candidate's first and last name (e.g., “CV Popescu Ion”).

f) Scanned copies of documents will be transmitted, as much as possible, as separate files, clearly named, indicating the candidate's name and the type of document, for example: “Popescu Ion - CV”, “Popescu Ion - Bachelor's Degree”, “Popescu Ion - REGES Extract”.

g) Electronic files will NOT be transmitted via file transfer applications (e.g., WeTransfer or similar applications).

h) If the file size exceeds the capacity of an email message, the documents will be sent via multiple successive messages, numbered (e.g., 1/5; 2/5; 3/5; 4/5; 5/5), respecting the order of documents in the TABLE OF CONTENTS.

i) All documents presented in the application file will be in Romanian. Documents drafted in a foreign language will be submitted as certified copies, accompanied by a legalized translation, made by an authorized translator.

j) For studies undertaken abroad, their equivalences will be submitted, as the case may be.

DOCUMENTS REQUIRED FOR APPLICATION SUBMISSION

Application files will mandatorily contain the following documents:

1. TABLE OF CONTENTS of documents;
2. Curriculum Vitae, European format, updated, dated and signed;
3. Medical certificate attesting to the corresponding health status, issued by the candidate's family doctor or by authorized healthcare units, no later than 6 months prior to application submission, in original;
4. Criminal record certificate, within its validity period, in original (with signature and stamp) or electronically issued (provided it is found in the electronic file as issued by the competent authority, with its electronic signature);
5. Fiscal record certificate, within its validity period, in original (with signature and stamp) or electronically issued (provided it is found in the electronic file as issued by the competent authority, with its electronic signature);
6. Administrative record certificate (for public officials), as the case may be, within its validity period, in original (with signature and stamp) or electronically issued (provided it is found in the electronic file as issued by the competent authority, with its electronic signature);
7. Documents proving that the candidate is authorized as a financial auditor and registered in the public electronic register by the competent authority in Romania, another Member State, the European Economic Area or Switzerland, or that they have at least 3 years of statutory audit experience acquired through participation in statutory audit missions in Romania or within audit committees formed at the level of boards of directors/supervision of public interest companies/entities (for administrator A position), as the case may be;
8. Documents showing the economic-financial results of the enterprises in which the candidate exercised the mandate of administrator or director;
9. Copy of proof of registration in the public enterprise administrators' body (if applicable);
10. Copies:

a. Copy of the identity document;

b. Copy of the marriage certificate or other documents, only if the name on the submitted documents (e.g., diplomas) differs from that on the identity document;

c. Copy of the bachelor's degree or equivalent;

d. Copies of graduation certificates for other university study cycles, as the case may be – other bachelor's programs, master's programs, doctorate, MBA (do not send copies of certificates/diplomas for short-term training programs);

e. Copies of documents attesting/proving fulfillment of the professional experience conditions provided for in art. 28 para. (1) and para. (3) of OUG no. ., such as:

ü  Reges/Revisal Extract;

ü  Work Record Book, as the case may be;

ü  Mandate/Management Contracts, mandatorily accompanied by a certificate issued by the company/autonomous régie, showing the actual period of holding the management position, as the case may be;

ü  Individual employment contracts, as the case may be, mandatorily accompanied by certificates issued by employers, showing the quality of administrator/general manager, deputy general manager, manager, deputy manager, executive manager, economic manager or financial manager of a commercial company/autonomous régie and/or certificates showing any other quality held by the candidate; the certificates will be drawn up, as far as possible, according to the model provided in Annex no. 10 to OUG no. - Administrative Code and will contain: the COR code of the position for which the candidate was employed under the labor contract, the studies required for the candidate to hold that position and the period during which they held the position;

ü  Certificate of registration issued by the National Trade Register Office, showing the quality of administrator/director (and not shareholder) and the period for which the candidate held that position, as the case may be;

ü  Other documents endorsed by signature and stamp of the issuer that attest to the candidate's direct contribution to the improvement of the financial performance of the companies they managed/led;

1. A professional recommendation;
2. Declaration of interests in accordance with the provisions of Law no. with subsequent amendments and additions (Form F5);
3. Mandatory Forms F1-F5;

Form F1 – Application for registration;

Form F2 – Declaration on own responsibility regarding the conformity of the documents and information presented in the application file;

Form F3 – Consent to obtain data for verification of the information provided in the application file;

Form F4 – Consent for the processing of personal data;

Form F5 – Declaration of interests in accordance with the provisions of Law no. with subsequent amendments and additions;

Documents submitted in copy to the application file will be certified for conformity with the original by the candidate.

Files that do not contain all the mandatory documents provided in the selection announcement will lead to the rejection of the application.

Publication: The mandatory Forms F1-F5 specific to the procedure can be found on the website of the Tutelary Public Authority in the Public Interest Information section - Corporate Governance - Recruitment of Public Enterprise Administrators - ARAD ENERGY S.A., at the address www.primariaarad.ro and of the Society ARAD ENERGY S.A. in the Governance - Transparency section, at the address www.argy.ro

OTHER INFORMATION

a. Communication with candidates

Throughout this selection process, communication with candidates will be made through electronic means. The long list, short list, and nomination proposals are confidential and will not be published; the results obtained by candidates at each stage of the selection process will be communicated to them individually in the manners described above.

b. Personal data protection

This recruitment and selection process described in detail above will be carried out in accordance with Regulation (EU) on the protection of natural persons with regard to the processing of personal data.

c. Additional information

Additional information can be obtained at:

• telephone: extension 6;

· e-mail: