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On decisions taken by the management bodies of Rosseti Centre

29 April 2021

The Board of Directors of Rosseti Centre (the public name IDGC of Centre, PJSC, the ticker — MRKC) made a decision to convene the Annual General Meeting of Shareholders of the Company (hereinafter — the Meeting) in the form of absentee voting on 31 May 2021.

The Board of Directors approved the agenda of the Meeting, which included the following issues: on the approval of the annual report, the annual financial statements of the Company for 2020, on the distribution of profits (including the payment (declaration) of dividends) and losses of the Company based on the results of 2020, on the election of members of the Board of Directors of the Company, on the election of members of the Audit Commission of the Company, on the approval of the auditor of the Company, on the approval of the Articles of Association of the Company in a new edition, as well as on amendments to the Articles of Association of the Company, requiring an application to the Ministry of Justice of the Russian Federation with an application for issuing a permit for inclusion in the new corporate name of the Company of the word derived from the official name «Russian Federation» or «Russia». The record date of persons entitled to participate in the Meeting was approved — 6 May 2021.

The Board of Directors also recommended that the Meeting pay dividends on ordinary shares of the Company from the net profit of the Company based on the results of 2020 in the amount of RUB 0.0335009 per one ordinary share of the Company in cash and determine the date for recording the list of persons entitled to receive dividends — 11 June 2021. The amount of dividends recommended for payment by the Board of Directors of the Company based on the results of 2020 increased by 67.0 % compared to the previous dividends paid by the Company. The dividend yield1 on the Company’s shares will be 11.46 %.

Other IR news of the Company can be found on the website:

1 The dividend yield of shares is calculated by the Company as the ratio of dividends paid per share and the median value of the market prices of this share for the corresponding period

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