Review of transactions for 2016

Review of transactions for the 4Q 2016

1. Related party transactions:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 03.11.2016

№7700/00201/16

IDGC of Centre and Volga Region, PJSC, IDGC of Centre, PJSC – «Parties»

Confidentiality agreement

-

1) Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction. And whose affiliated person (N.N. Varlamov) holds a position in management bodies of IDGC of Centre and Volga Region, PJSC;

2) R.A. Filkin and A.V. Shevchuk, members of the Board of Directors of the Company, at the same members of the Board of Directors of IDGC of Centre and Volga Region, PJSC;

3) O.Y. Isaev General Director of the Company, at the same being chief executive officer of IDGC of Centre and Volga Region, PJSC

Minutes

dated 16.11.2016

№31/16

2.

Agreement

dated 09.12.2016

№7700/00301/16/UVV-77D-1123-16

JSC «FOCL-Conductor Administration» - «Operator»,

IDGC of Centre, PJSC - «Customer»

Services to provide communication channels and VPN for the needs of branches of IDGC of Centre, PJSC ("Bryanskenergo", "Voronezhenergo", "Kostromaenergo", "Kurskenergo", "Lipetskenergo", "Orelenergo", "Tverenergo", "Yarenergo")

159 795 771,66 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 29.11.2016

№32/16

3.

Agreement

dated 23.12.2016

№7700/00505/16

Closed Joint-Stock Company «LESR» - «Customer»,

IDGC of Centre, PJSC - «Contractor»

Performance of construction and installation work at electric grid facilities of a branch of PJSC "Lenenergo" "Vyborg Electric Grids"

100 000 000 RUB with VAT

Shareholder of the Company – PJSC «Rosseti», which holds more than 20% of voting shares of the Company that is a party to the transaction

Minutes

dated

26.12.2016

№35/16

4.

Amendment

dated 30.12.2016

№DC7700/00001/17

to Agreement dated 17.11.2008 №375/4677-230

JSC "NPF of the electric power industry" - «Fund»,

IDGC of Centre, PJSC - «Contributor»

Setting the pension contribution for 1H 2017

105 080 712 RUB

1) Y.N. Mangarov – a member of the Board of Directors of the Company, who is at the same time a member of the Supervisory Board of JSC "NPF of the electric power industry";

2) I.V. Gromova – a member of the Management Board of the Company, a member of the Supervisory Board of JSC "NPF of the electric power industry"

Minutes

dated 30.12.2016

№36/16

IDGC of Centre – Belgorodenergo division

5.

Agreement

dated 14.10.2016

№3100/26752/16

IDGC of Centre, PJSC - «Customer»,

Russian Railways - «Contractor»

Agreement for the regulation of relations connected with process of crossing infrastructure of Russian Railways by a cable line of IDGC of Centre, PJSC on the section Belgorod – Belomestnoye of South-Eastern Railroad

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.09.2016

№24/16

6.

Agreement

dated 14.10.2016

№3100/26753/16

IDGC of Centre, PJSC - «Customer»,

Russian Railways - «Contractor»

Agreement for the regulation of relations connected with process of crossing infrastructure of Russian Railways by a cable line of IDGC of Centre, PJSC on the section Nasonovo – Palatovka of South-Eastern Railroad

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.09.2016

№24/16

7.

Agreement

dated 14.10.2016

№3100/26751/16

IDGC of Centre, PJSC - «Customer»,

Russian Railways - «Contractor»

Agreement for the regulation of relations connected with process of crossing infrastructure of Russian Railways by a cable line of IDGC of Centre, PJSC on the section Valuyki – Rai of South-Eastern Railroad

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.09.2016

№24/16

8.

Amendment

dated 17.10.2016

№DC3100/00611/16

to Agreement dated 01.12.2014

№3100/3668/14

IDGC of Centre, PJSC - «Customer»,

Federal State Budget Institution of Higher Education «National Research University «MPEI» -«Contractor»

Amendment to Agreement to perform research and development work dated 01.12.2014 № 3100/36681/14 to change the timing of the work in stages 4 and 5 of the Calendar plan; to amend para. 3.1. of the agreement (the total turnaround time); to supplement para. 15.8 of the agreement (the obligation of the parties to comply with the requirements of the anti-corruption); to amend para. 5.18 of Appendix #1 to the agreement (to change the timing of the work completion); to extend the coverage of the legal relations of the parties of the amendment from 01.12.2014 (part 2, Art. 425 of the Civil Code of the Russian Federation)

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliates (N.D. Rogalev, A.V. Novak, O.M. Budargin, A.E. Murov, V.M. Kravchenko, N.G. Shulginov and S.I. Shmatko) are members of management bodies of Federal State Budget Institution of Higher Education «National Research University «MPEI»

Minutes dated 30.09.2016 № 27/16

9.

Agreement

dated 23.11.2016

№3100/32575/16

IDGC of Centre, PJSC - «Customer»,

Russian Railways - «Contractor»

Agreement to organize the process of IDGC of Centre’s cable line crossing infrastructure of Russian Railways at the section Sumovskaya - Tomarovka of South-Eastern Railroad

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.11.2016

№30/16

10.

Agreement

dated 03.11.2016

№3100/32881/16

IDGC of Centre, PJSC - «Sub-lessee»,

Russian Railways - «Lessee»

Agreement for a land plot sublease of railway ROW

53,23 RUB with VAT (a year)

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.11.2016

№30/16

IDGC of Centre – Bryanskenergo division

11.

Amendment

dated 16.12.2016

№5/DC3200/00287/16 to Agreement dated 23.05.2012

№ 4632003321

IDGC of Centre, PJSC (IDGC of Centre – Bryanskenergo division) – «Lessee»,

SO UES - «Lessor»

Amendment of duration of the property lease agreement

480 475,38 RUB with VAT – for the period from 01.01.2012 to 30.06.2017

PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliates (B.I. Ayuev, A.S. Kalinin, V.M. Kravchenko and A.E. Murov) are members of the Board of Directors of SO UES

Minutes

dated 13.12.2016

№33/16

IDGC of Centre – Voronezhenergo division

12.

Agreement

dated 27.10.2016

№3600/07531/16

IDGC of Centre, PJSC-

«Owner», Russian Railways - «Applicant»

Removal of restrictions on the use of a land plot

11 267 225 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 30.09.2016

№27/16

13.

Agreement

dated 05.10.2016

№3600/07132/16

IDGC of Centre, PJSC-

Owner, Russian Railways - Applicant

Removal of restrictions on the use of a land plot

12 718 858,16 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 30.09.2016

№27/16

IDGC of Centre – Kurskenergo division

14.

Agreement

dated 01.12.2016

№ 4600/11411/16

IDGC of Centre, PJSC - «Contractor»,

SO UES - «Customer»

Services for provision of a range of resources for placing technological equipment

469 789,92 RUB

with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliates (B.I. Ayuev, A.S. Kalinin, V.M. Kravchenko and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 29.11.2016

№32/16

IDGC of Centre – Yarenergo division

15.

Agreement

dated 06.10.2016

№7600/13537/16

IDGC of Centre, PJSC - «Customer», NP «KEU-EES» - «Contractor»

Agreement on rendering paid educational services

32 500 RUB, VAT is not provided

1) Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.D. Rogalev) is a member of the Supervisory Board of NP «KEU-EES»;

2) Y.N. Mangarov and N.I. Erpsher, members of the Board of Directors of the Company, who are members of the Supervisory Board of NP «KEU-EES» at the same time

Minutes dated 30.09.2016 №27/16

IDGC of Centre – Lipetskenergo division

16.

Agreement

dated 29.08.2016

№ 4800/09046/16

(state registration – 02.09.2016)

IDGC of Centre, PJSC - «Owner», Federal Grid Company – «Applicant»

Performance of measures to reconstruct the double circuit 110 kV line "Dvurechki-Left, Right"

15 048 186 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes dated 16.08.2016 №23/16

2. Transactions closed by the Company with state owned companies:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

IDGC of Centre – Voronezhenergo division

1.

Agreement

dated 27.10.2016

№3600/07531/16

IDGC of Centre, PJSC-

«Owner», Russian Railways - «Applicant»

Removal of restrictions on the use of a land plot

11 267 225 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 30.09.2016

№27/16

2.

Agreement

dated 05.10.2016

№3600/07132/16

IDGC of Centre, PJSC-

Owner, Russian Railways - Applicant

Removal of restrictions on the use of a land plot

12 718 858,16 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 30.09.2016

№27/16

3. Transactions of the Company with shareholders of the Company holding at least 5% of voting shares of the Company:

For the reporting quarter the above mentioned transactions were not closed

4. Internal corporate transactions:

For the reporting quarter the above mentioned transactions were not closed

5. Major transactions closed by the Company

For the reporting quarter the above mentioned transactions were not closed

6. Transactions of the Company with members of the Board of Directors of the Company and members of the management bodies of the Company:

For the reporting quarter the above mentioned transactions were not closed
Review of transactions for the 3Q 2016

1. Major transactions closed by the Company:

For the reporting quarter the above mentioned transactions were not closed

2. Related party transactions:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 05.07.2016

№7700/00113/16

MPEI Endowment Fund – «Fund»,

IDGC of Centre, PJSC – «Organization»

Provision of charitable assistance

(Donation agreement)

7 500 000 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of voting shares of the Company, whose affiliated persons (A.V. Novak, O.M. Budargin, A.E. Murov and S.I. Shmatko) are members of the Board of Trustees and the Academic Council of Federal State Budget Institution of Higher Education «National Research University «MPEI», which is a beneficiary under the deal

Minutes

dated 02.06.2016

№16/16

2.

Agreement

dated 27.07.2016

№7700/00129/16

PJSC «Rosseti» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision of services for organization of the treasury function

in accordance with the terms and conditions approved by the decision of the Board of Directors

Shareholder of the Company – PJSC «Rosseti», which holds more than 20% of voting shares of the Company and is a party to the transaction

Minutes

dated

21.07.2016

№21/16

3.

Agreement

dated 07.09.2016

№7700/00157/16

JSC «FOCL-Conductor Administration» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision of services to maintain reference data

4 091 333,62 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№23/16

4.

Agreement

dated 02.09.2016

№DC7700/00068/16

to agreement dated 01.12.2014 №7700/00350/14

“R&D Center for power engineering” - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Agreement to terminate contract to perform R&D work

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate is a party to the transaction

Minutes

dated 01.09.2016

№24/16

IDGC of Centre – Belgorodenergo division

5.

Agreement

dated 17.08.2016

№3100/23707/16

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC-«Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

20 427 840 RUB,

VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

6.

Agreement

dated 25.08.2016

№12/16/3100/24853/16

OJSC «ENIN» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Performance of research and development work on the creation of hardware and software for the protection of 35-110 kV substations of a new generation from electromagnetic interference with use of lightning protection multicable

49 914 000 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

7.

Agreement

dated 16.09.2016

№3100/27766/16

Russian Railways - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision for the temporary use of the physical circuit (the untwisted pair)

5 592,32 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.09.2016

№24/16

8.

Agreement

dated 16.09.2016

№3100/27987/16

Russian Railways - «Operator»,

IDGC of Centre, PJSC - «Subscriber»

Operator ensures the provision to Subscriber of access to the dedicated communications network of Russian Railways, connections with the dedicated communications network of Russian Railways with the user (subscriber) equipment with provision to the subscriber of Russian Railways of a number (s) of the numbering plan of the dedicated communications network for the transmission of voice data, fax transmissions, data transmission, access to communication services of dedicated communications networks, interacting with the communications network of Russian Railways

The price is determined according to the tariff plan of the Operator (Appendix # 1 to the agreement – tariff of 88,50 RUB/month, with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (N.R. Podguzov) is a member of the Board of Directors of Russian Railways

Minutes

dated 01.09.2016

№24/16

IDGC of Centre – Bryanskenergo division

9.

Agreement

dated 15.08.2016

№ 3200/05885/16

JSC «FOCL-Conductor Administration» -«Licensee», IDGC of Centre, PJSC «Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

8 156 950 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№ 23/16

IDGC of Centre – Voronezhenergo division

10.

Amendment dated 07.06.2016 №DC3600/ 00769 /16 to non-residential premises lease agreement dated 03.03.2014 №3600/02199/14

(date of state registration of 01.07.2016)

SO UES - «Lessee», IDGC of Centre, PJSC - «Lessor»

Amendment to determine the size of monthly rent in the amount of 430364,93 RUB with VAT, to determine the size of annual rent in the amount of 5164379,16 RUB with VAT, and to supplement the agreement with an appendix with Anti-corruption clause

5 164 379,16 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (B.I. Ayuev, A.S. Kalinin, V.M. Kravchenko and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 02.05.2016 №16/16

11.

Agreement

dated 18.08.2016

№UVV 77D 060 2-16/3600/13077/16

JSC «FOCL-Conductor Administration» «Licensee»,

IDGC of Centre, PJSC - «Sublicensee»

Agreement for purchase of software licenses for a data leak prevention system for the needs of IDGC of Centre, PJSC

12 058 100 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№ 23/16

IDGC of Centre – Kurskenergo division

12.

Agreement

dated 01.07.2016

№ 4600/06030/16

SO UES - «Seller», IDGC of Centre, PJSC - «Buyer»

Purchase and sale of movable property

220 000 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (B.I. Ayuev, A.S. Kalinin, V.M. Kravchenko and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 01.07.2016

№ 19/16

13.

Agreement

dated 18.08.2016

№ 4600/07732/16

IDGC of Centre, PJSC -

«Sublicensee»,

JSC «FOCL-Conductor Administration»-

«Licensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

11 987 170 RUB,

VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№ 23/16

IDGC of Centre – Orelenergo division

14.

Agreement

dated 18.08.2016

№5700/04851/16

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC-«Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

8 866 250 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

IDGC of Centre – Kostromaenergo division

15.

Agreement

dated 19.08.2016

№4400/06071/16

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC -«Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

9 717 410 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

IDGC of Centre – Smolenskenergo division

16.

Agreement

dated 18.08.2016

№6700/14789/16

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC - «Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

13 405 770 RUB,

VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№23/16

IDGC of Centre – Tambovenergo division

17.

Agreement

dated 17.08.2016

№ 6800/07041/16

JSC «FOCL-Conductor Administration»– «Licensee», IDGC of Centre, PJSC - «Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

9 433 690 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№23/16

IDGC of Centre – Tverenergo division

18.

Agreement

dated 19.08.2016

№ UVV 77D-0611-16/6900/12048/16

JSC «FOCL-Conductor Administration»– «Licensee», IDGC of Centre, PJSC - «Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

13 902 280 RUB,

VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016

№23/16

IDGC of Centre – Yarenergo division

19.

Agreement

dated 18.08.2016

№7600/11058/16

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC - «Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

10 001 130 RUB,

VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

IDGC of Centre – Lipetskenergo division

20.

Agreement

dated 17.08.2016

№4800/08696/16/UV-77D-0609-16/4648008265

JSC «FOCL-Conductor Administration» - «Licensee», IDGC of Centre, PJSC-«Sublicensee»

Sublicense agreement to provide with non-exclusive rights to use the software – licenses for a data leak prevention system

9 717 410,00 RUB, VAT is not provided

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 16.08.2016 №23/16

3. Transactions closed by the Company with state owned companies:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

IDGC of Centre – Voronezhenergo division

1.

Amendment dated 07.06.2016 №DC3600/ 00769 /16 to non-residential premises lease agreement dated 03.03.2014 №3600/02199/14

(date of state registration of 01.07.2016)

SO UES - «Lessee», IDGC of Centre, PJSC - «Lessor»

Amendment to determine the size of monthly rent in the amount of 430364,93 RUB with VAT, to determine the size of annual rent in the amount of 5164379,16 RUB with VAT, and to supplement the agreement with an appendix with Anti-corruption clause

5 164 379,16 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (B.I. Ayuev, A.S. Kalinin, V.M. Kravchenko and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 02.05.2016 №16/16

IDGC of Centre – Tambovenergo division

2.

Agreement

dated 25.07.2016

№ 41264593

Russian Railways – «Applicant», IDGC of Centre, PJSC - «Grid company»

Implementation of power grid connection

7 294 727,20 RUB with VAT

-

No decision is required in accordance with para. 2 of Article 81 of the Federal Law "On Joint Stock Companies"

4. Transactions of the Company with shareholders of the Company holding at least 5% of voting shares of the Company:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 27.07.2016

№7700/00129/16

PJSC «Rosseti» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision of services for organization of the treasury function

in accordance with the terms and conditions approved by the decision of the Board of Directors

Shareholder of the Company – PJSC «Rosseti», which holds more than 20% of voting shares of the Company and is a party to the transaction

Minutes

dated

21.07.2016

№21/16

5. Internal corporate transactions:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 27.07.2016

№7700/00129/16

PJSC «Rosseti» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision of services for organization of the treasury function

in accordance with the terms and conditions approved by the decision of the Board of Directors

Shareholder of the Company – PJSC «Rosseti», which holds more than 20% of voting shares of the Company and is a party to the transaction

Minutes

dated

21.07.2016

№21/16

6. Revenue-intensive transactions closed by the Company:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract including interest until the end of the term of the contracts

Information on approval

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 30.09.2016

№00670016/60001100/ 7700/00167/16

Sberbank – «Creditor»,

IDGC of Centre, PJSC - «Borrower»

Agreement to open a credit line

2 815 000 000 RUB

Minutes of meeting of the Management Board

dated 09.09.2016

№24/16

2.

Agreement

dated 30.09.2016

№00690016/60001100/ 7700/00166/16

Sberbank – «Creditor»,

IDGC of Centre, PJSC - «Borrower»

Agreement to open a credit line

2 100 000 000 RUB

Minutes of meeting of the Management Board

dated 09.09.2016

№24/16

3.

Agreement

dated 30.09.2016

№00700016/60001100/ 7700/00168/16

Sberbank – «Creditor»,

IDGC of Centre, PJSC - «Borrower»

Agreement to open a credit line

2 115 000 000 RUB

Minutes of meeting of the Management Board

dated 09.09.2016

№24/16

4.

Agreement

dated 30.09.2016

№00680016/60001100/ 7700/00173/16

Sberbank – «Creditor»,

IDGC of Centre, PJSC - «Borrower»

Agreement to open a credit line

1 410 000 000 RUB

Minutes of meeting of the Management Board

dated 23.09.2016

№25/16

7. Transactions of the Company with members of the Board of Directors of the Company and members of the management bodies of the Company:

For the reporting quarter the above mentioned transactions were not closed 

Review of transactions for the 2Q 2016

1. Major transactions closed by the Company:

For the reporting quarter the above mentioned transactions were not closed

2. Related party transactions:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors of the Company

Executive Office of IDGC of Centre, PJSC

1.

Agreement

dated 21.04.2016

№16-3022/7700/00069/16

Lenenergo – «Contractor»,

IDGC of Centre, PJSC – «Customer»

Provision of services to organize and hold the Interregional competitions of professional skills of staff for repair and maintenance of substation equipment and cable grids

2 320 000 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

Minutes

dated 24.03.2016

№07/16

2.

Agreement

dated 07.04.2016

№7700/00058/16

Federal State Budget Institution of Higher Education «National Research University «MPEI» - «Contractor»,

IDGC of Centre, PJSC - «Customer»

Provision of services for the organization and implementation of staff development of Customer

190 000 RUB, VAT is not provided, including:

- at the expense of the federal budget for the implementation of the departmental target program «Improving the skills of technical and engineering staff in 2015 – 2016» in the amount of 95 000 RUB;

- at the expense of co-financing of Customer in the amount of 95 000 RUB, where:

· co-financing of Customer, transferred to the account of Contractor in the amount of 95 000 RUB;

expenses, made by Customer 0,00 RUB

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (A.V. Novak, O.M. Budargin, A.E. Murov and S.I. Shmatko) are members of management bodies of Federal State Budget Institution of Higher Education «National Research University «MPEI»

Minutes

dated

01.04.2016

№09/16

3.

Agreement

dated 18.05.2016

№ 288ts/2016/7700/00099/16

Federal State Budget Institution of Higher Education «National Research University «MPEI» - «Contractor»,

T.M. Lysenko – «Specialist»,

IDGC of Centre, PJSC - «Recommending organization»

Training services under the educational program of occupational retraining «Production management and project management»

84 000 RUB, where Recommending organization pays 28 560 RUB, VAT is not provided. The cost of the Specialist training is calculated on the basis of Governmental telegram №22152-AA/D04 dated 10.10.2011 on the increase of the base cost of the Specialist training

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (A.V. Novak, O.M. Budargin, A.E. Murov and S.I. Shmatko) are members of management bodies of Federal State Budget Institution of Higher Education «National Research University «MPEI»

Minutes

dated 17.05.2016

№15/16

4.

Agreement

dated 18.05.2016

№ 292ts/2016/7700/00100/16

Federal State Budget Institution of Higher Education «National Research University «MPEI» - «Contractor»,

N.V. Stolyarov – «Specialist»,

IDGC of Centre, PJSC - «Recommending organization»

Training services under the educational program of occupational retraining «Production management and project management»

84 000 RUB, where Recommending organization pays 28 560 RUB, VAT is not provided. The cost of the Specialist training is calculated on the basis of Governmental telegram №22152-AA/D04 dated 10.10.2011 on the increase of the base cost of the Specialist training

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (A.V. Novak, O.M. Budargin, A.E. Murov and S.I. Shmatko) are members of management bodies of Federal State Budget Institution of Higher Education «National Research University «MPEI»

Minutes

dated 17.05.2016

№15/16

5.

Agreement

dated 18.05.2016

№ 290ts/2016/7700/00101/16

Federal State Budget Institution of Higher Education «National Research University «MPEI» - «Contractor»,

S.A. Nikitchenko – «Specialist»,

IDGC of Centre, PJSC - «Recommending organization»

Training services under the educational program of occupational retraining «Production management and project management»

84 000 RUB, where Recommending organization pays 28 560 RUB, VAT is not provided. The cost of the Specialist training is calculated on the basis of Governmental telegram №22152-AA/D04 dated 10.10.2011 on the increase of the base cost of the Specialist training

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (A.V. Novak, O.M. Budargin, A.E. Murov and S.I. Shmatko) are members of management bodies of Federal State Budget Institution of Higher Education «National Research University «MPEI»

Minutes

dated 17.05.2016

№15/16

IDGC of Centre - Voronezhenergo division

6.

Amendment

№DC3600/00767/16

dated 07.06.2016 to non-residential premises lease agreement №3600/21290/14 dated 28.11.2014

IDGC of Centre, PJSC - «Lessor»,

SO UES - «Lessee»

Amendment to determine the price of the monthly rent in the amount of 5206,12 RUB with VAT, to determine the yearly rent in the amount of 56997,56 RUB with VAT, and to supplement the agreement with «Anti-corruption clause» as an appendix

56 997,56 RUB with VAT

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (B.I. Ayuev, A.S. Kalinin and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 02.06.2016 №1 6/16

IDGC of Centre - Yarenergo division

7.

Agreement dated 01.06.2016 №7600/08657/16

IDGC of Centre, PJSC - Owner, JSC «FOCL-Conductor Administration» - User

Agreement on compensation (SS «North» - SS «Tveritskaya»)

2 322 240 RUB 00 kop., including VAT – 345 240 RUB 00 kop.

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

8.

Agreement dated 01.06.2016

№7600/08656/16

IDGC of Centre, PJSC - Owner, JSC «FOCL-Conductor Administration» - User

Agreement on compensation (SS «Yaroslavl» - DPC)

4 158 508 RUB 80 kop., including VAT 634 348 RUB 80 kop.

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

9.

Agreement dated 01.06.2016 №7600/08646/16

IDGC of Centre, PJSC - Owner, JSC «FOCL-Conductor Administration» - User

Agreement on compensation (SS «Yaroslavl» - SS «Pereslavl»)

16 168 548 RUB 80 kop., including VAT 2 466 388 RUB 80 kop.

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, at the same time owns 20 and above % of shares of the legal entity that is a party to the transaction

3. Transactions closed by the Company with state owned companies:

For the reporting quarter the above mentioned transactions were not closed

4. Transactions of the Company with shareholders of the Company holding at least 5% of voting shares of the Company:

For the reporting quarter the above mentioned transactions were not closed

5. Internal corporate transactions:

For the reporting quarter the above mentioned transactions were not closed

6. Revenue-intensive transactions closed by the Company:

For the reporting quarter the above mentioned transactions were not closed

7. Transactions of the Company with members of the Board of Directors of the Company and members of the management bodies of the Company:

For the reporting quarter the above mentioned transactions were not closed

Review of transactions for the 1Q 2016

1. Major transaction closed by the Company:

For the reporting quarter the above mentioned transactions were not closed

2. Related party transactions:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

Related parties

Information on approval by the Board of Directors

Executive Office of IDGC of Centre, PJSC

1.

Amendment dated 28.03.2016 №1/DC7700/00012/16 to Agreement dated 01.06.2010 № 96/7700/00453/10

JSC Moscow Communication Center of the Electric Power Industry – «Operator»,

IDGC of Centre, PJSC – «Customer»

Amendment to approve the form of work and service completion certificate

-

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate is a party to the transaction

Minutes

dated 17.03.2016

№ 06/16

IDGC of Centre – Smolenskenergo division

2.

Agreement dated 25.02.2016

№ 6700/02615/16

PJSC «FGC UES» (Branch of FGC UES-Bryansk PMES) – «Customer»,

IDGC of Centre, PJSC– «Contractor»

Provision for temporary use of places on poles of Conductors-110 kV

Monthly payment - 1917,50 with VAT (the agreement price for the period from 01.01.2013 to 31.12.2016 – 184 080 RUB with VAT)

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliate (PJSC «FGC UES») is a party to the transaction, and whose affiliated persons (O.M. Budargin, S.I. Shmatko, A.E. Murov and A.A. Demin) hold positions in management bodies of PJSC «FGC UES»

Minutes dated 27.03.2015№ 06/15

IDGC of Centre – Tambovenergo division

3.

Agreement dated 15.03.2016

№ 6800/01360/16

IDGC of Centre, PJSC - «Party-1»,

SO UES – «Party-2»

Agreement on reimbursement for payment of utility services

The cost of Utilities consumed by Party 2 is calculated by Party 1 monthly on the basis of invoices issued to Party 1 by organizations supplying public services, based on the volume of consumption by Party 2 of Utilities defined with metering devices, standard consumption rates for cold water supply and wastewater disposal

Shareholder of the Company - PJSC «Rosseti», which holds more than 20% of voting shares of the Company, whose affiliated persons (B.I. Ayuev, A.S. Kalinin and A.E. Murov) hold positions in management bodies of SO UES

Minutes

dated 01.03.2016

№ 04/16

3. Transactions closed by the Company with state owned companies:

Item No.

No., date of contract

Parties of contract

Subject of contract

Price of contract

IDGC of Centre – Yarenergo division

1.

Agreement dated 22.03.2016

№7600/01071/16

Federal State Unitary Enterprise «Russian Television and Radio Broadcasting Network» – «Applicant»,

IDGC of Centre, PJSC – «Grid Company»

Contract to perform grid connection of power installations

2 729 668,22 RUB with VAT

4. Transactions of the Company with shareholders of the Company holding at least 5% of voting shares of the Company:

For the reporting quarter the above mentioned transactions were not closed

5. Internal corporate transactions:

For the reporting quarter the above mentioned transactions were not closed

6. Transactions of the Company with members of the Board of Directors of the Company and members of the management bodies of the Company:

For the reporting quarter the above mentioned transactions were not closed