About the Report

This Annual Report includes an overview of the performance results and key events of Public Joint Stock Company Federal Grid Company — Rosseti and itssubsidiaries and affiliates for 2023.

The Report contains information on the goals and priorities of the Rosseti Group, performance in the reporting year ascompared to previous periods, as well as prospects, corporate governance and risk management systems, and approaches to sustainability management.

In this Report, the terms «Rosseti Group ofcompanies» and «Rosseti Group» refer to PJSC Rosseti and itssubsidiaries and affiliates. In the text of the Report, Public Joint Stock Company Federal Grid Company — Rosseti is also referred to as PJSC Rosseti, Rosseti Company, Rosseti, PJSC FGC UES (previous name, until 12 October 2022), OJSC FGC UES (previous name, until 7 July 2015), or the Company

Key operating, financial and investment data, as well as indicators calculated on the basis thereof, are consolidated for the Rosseti Group of companies, including the transmission and distribution grid systems.

The Report was prepared using:

  • PJSC Rosseti’s consolidated financial statements prepared under International Financial Reporting Standards for the year ended 31 December 2023
  • RAS accounting (financial) statements of PJSC Rosseti for 2023
  • Management reporting data
  • Information from public sources

The Annual Report was approved
by the Annual General Meeting of Shareholders of PJSC Rosseti 28.06.2024 (Minutes No.30 dated 28.06.2024)