ABOUT THE REPORT

Public Joint Stock Company Rosseti Kuban (Rosseti Kuban, PJSC)

This Annual Report presents the results of Public Joint Stock Company Rosseti Kuban for 2022, as well as certain important events that occurred after the reporting date between 1 January 2023 and the preliminary approval of the Annual Report by the Board of Directors.

The Report aligns with Russian laws, such as:

• Federal Law No. 39-FZ “On Securities Market” dated 22 April 1996
• Federal Law No. 208-FZ “On Joint Stock Companies” dated 26 December 1995 (hereinafter – Federal Law “On Joint Stock Companies”)
• Bank of Russia Regulation No. 714-P “On Disclosure of Information by Issuers of Equity Securities” dated 27 March 2020
• Recommendations of the Corporate Governance Code of the Bank of Russia for use by joint stock companies that have stock-exchange securities by the Letter of the Bank of Russia No. 06-52/2463 dated 10 April 2014 (hereinafter – the Corporate Governance of the Bank of Russia)
• Recommendations on disclosure of non-financial information related to activities of public joint stock companies sent by Letter of the Bank of Russia No. IN-06-28/49 dated 12 July 2021

Herein, Public Joint Stock Company Rosseti Kuban is also referred to as Rosseti Kuban, PJSC, Rosseti Kuban, the Company, Kubanenergo, PJSC (when the periods (events) that took place from 22 June 2015 to 10 August 2020 are mentioned), Kubanenergo, OJSC (when the periods (events) that took place before 22 June 2015 are mentioned).

The following entities ceased to operate on 9 January 2023:

• Public Joint Stock Company Russian Grids (abbreviated Rosseti, PJSC) – the Company’s largest shareholder
• Joint Stock Company Kuban Main Grids
• Joint Stock Company Tomsk Main Grids
• Joint Stock Company Far East Energy Management Company – UNPG (also a shareholder of the Company) in connection with their merger with Public Joint Stock Company Federal Grid Company – Rosseti (abbreviated name of Rosseti, PJSC, formerly FGC UES, PJSC). The latter is the universal legal successor of the above entities and has acquired ownership of all shares of Rosseti Kuban, PJSC owned by the above-mentioned shareholders of the Company.

Accordingly, whenever Rosseti, PJSC is mentioned in this Report, the Company is referring:

• Until 9 January 2023 to Public Joint Stock Company Russian Grids
• Since 9 January 2023 to Public Joint Stock Company Federal Grid Company – Rosseti