Rosseti Centre - managing organization of Rosseti Centre and Volga region held a conference call and webcast dedicated to the consolidated performance results of the Companies for 6 months of 2021

Rosseti Centre — managing organization of Rosseti Centre and Volga region held a conference call and webcast dedicated to the consolidated performance results of the Companies for 6 months of 2021 Based on the results of the publication of the unaudited interim condensed consolidated financial statements for 6 months of 2021 under IFRS, the management of Rosseti Centre (ticker — MRKC) — managing organization of Rosseti Centre and Volga region (ticker — MRKP) held a conference call to webcast a presentation dedicated to the performance results of Rosseti Centre and Rosseti Centre and Volga region for 6 months of 2021. Rosseti Centre at the event was represented by First Deputy General Director for Economy and Finance Artem Aleshin and Head of IR Division Sergey Ternikov. During the conference, investors were presented with the main production and financial results of the Companies for the 1st half of 2021 and the forecasts updated by the management for the end of 2021.

The management of the Companies positively assessed the performance results of Rosseti Centre and Rosseti Centre and Volga region for 6 months of 2021. One of the important events in the 2nd quarter of 2021 was the consolidation of JSC Ivgorelectroset, thanks to which the market share for electricity transmission increased. The main factors for improving the financial results were an increase in the volume of electricity transmission services, growth in income from unregulated activities, as well as the cumulative result from the improvement of internal business processes. The Companies continue to improve the efficiency of production activities, including a significant reduction in the number of technological disruptions in the grid and the specific failure rate. Compared to the same period in 2020, electricity losses reduced by more than 0.4 p.p. The results of the work done are reflected in the lower growth rate of operating expenses compared to total revenues. During the presentation, the management of the Companies presented the most relevant forecast of the parameters of operating activities, which implies an improvement in the main financial and production indicators compared to 2020. Also, for the first time in a presentation to representatives of the investment community, the Companies focused on their goals and results in the field of ESG factors.

At the end of the event, a Q&A session was held. The participants were interested in the topics of restoration of demand for services of the Companies, preferential grid connection, installation of smart meters, prospects for tariff regulation, the impact of inflationary pressure on the activities of the Companies, and others. After detailed answers to the questions received, Artem Aleshin thanked all the participants for their interest in both Companies and expressed his readiness to answer other questions that can be asked through IR interaction channels.

The presentation of Rosseti Centre and Rosseti Centre and Volga region (only in Russian) is available on the link.