Company Announcements

PJSC ROSSETI

New General Director of JSC "Interregional Distribution Grid Company of Urals"

17 November 2020. Moscow, Russia. - PJSC "Rosseti" (ticker for LSE - RSTI) (hereinafter - the Company), the largest Russian company in the electricity transmission and distribution sector, reports that Vladimir Bolotin has been appointed Director General of Joint Stock Company "Interregional Distribution Grid Company of Urals" (hereinafter - the Subsidiary) effective on November 18, 2020. The appointment was approved by the Board of Directors of the Subsidiary at the meeting on November 16, 2020.

Vladimir Bolotin has extensive managerial experience of working in the electricity industry. He was appointed as the Acting First Deputy Director General and Chief Engineer of IDGC of Urals in 2017 and to the post of First Deputy Director General and Chief Engineer of IDGC of Urals in 2018.

For further information, please contact:

Public Joint Stock Company ROSSETI (PJSC ROSSETI) is one of the largest electric grid companies in the world. The Company manages 2.37 million kilometers of power lines and 517,000 substations with more than 802 GVA of transformer capacity.

ROSSETI comprises 35 subsidiaries and dependent companies, including 15 interregional and regional grid companies and one transmission grid company. The controlling shareholder with an 88.04% stake in the Company is the government represented by the Federal Agency for State Property Management of the Russian Federation.

 Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of PJSC ROSSETI. You can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might", the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industry, as well as many other risks specifically related to PJSC ROSSETI and its operations.