Annual report 2019 STRATEGIC REPORT

BUSINESS MODEL [GRI 102-7, 102-9]

SUPPLIERS INTER RAO GROUP

3 29.4 BLN M ‘ELECTRIC POWER INSTALLED CAPACITY OF 1ST PRICING ZONE OF WECM INSTALLED CAPACITY OF 2ND PRICING ZONE OF GAS GENERATION IN RF’ AND EUROPEAN NON-PRICING ZONE, 20,717 MW, 5,296 GCAL/H OF WECM, 1,855 MW, 554 GCAL/H SUPPLIED SEGMENT

• ROSNEFT GROUP (22,572 MW, 5,678 GCAL/H) • GAZPROM GROUP Gas Coal Coal 19,520 MW 1,197 MW 1,855 MW 4,632 GCal/h 492 GCal/h 554 GCal/h

14.2 MLN T OF COAL SUPPLIED JSC RZD LLC UGOLNY RAZREZ 2.2 MLN T OF COAL • JSC RAZREZ KHARANORSKY • LLC LOGOTRANSENERGO ‘THERMAL POWER INSTALLED CAPACITY OF 1ST PRICING ZONE OF WECM, INSTALLED CAPACITY OF 2ND PRICING ZONE • LLC RUSEXPORTUGOL GENERATION IN RF’ 4,460 MW, 12,216 GCAL/H OF WECM 2,051 MW, 7,192 GCAL/H • LLC ARMZ SERVICE SEGMENT (6,511 MW, 19,409 GCAL/H) 89,000 T OF FUEL OIL SUPPLIED • ROSRESERV OFFICE FOR THE VOLGA FEDERAL DISTRICT Gas Water Wind Gas Coal • PJSC ROSNEFT OIL COMPANY 4,246 MW 212 MW 2 MW 931 MW 1,120 MW • PJSC GAZPROM NEFT 12,216 GCal/h 3,847 GCal/h 3,488 GCal/h

ELECTRICITY PRODUCERS PURCHASE/ SALE OF ‘SUPPLY IN RF’ IN RUSSIA GUARANTEED UNREGULATED POWER SUPPLY UNIFIED INFORMATION ELECTRICITY SEGMENT 10 SUPPLIERS 3 COMPANIES 5 AND SETTLEMENT CENTERS • PJSC RUSHYDRO WECM RF • PJSC • PJSC TGC-1 • PJSC OGK-2 ‘TRADING IN RF • OJSC FORTUM Export from Russia 19.3 bln kWh • PJSC T-PLUS AND EUROPE’ • PJSC SEGMENT • JSC PJSC INTER RAO EXPORT/IMPORT FOREIGN TRADING SUBSIDIARIES • ETC OF ELECTRICITY FROM/TO RUSSIA OF THE INTER RAO GROUP

Import to Russia 1.6 bln kWh

ENERGY EQUIPMENT SERVICES ‘FOREIGN ASSETS’ GEORGIA MOLDAVIA TURKEY PRODUCERS SEGMENT 2 HPPS WITH 227 MW 1 TPP (NATURAL GAS) TPP WITH 478 MW (NATURAL GAS) 5,887 KM OF POWER WITH 2,520 MW NEW (Transferred to Turkey’s EUAS • JSC POWER MACHINES TRANSMISSION AND • SIEMENS CONSTRUCTION 1 under concession agreement (WIND FARM DISTRIBUTION LINES EKIBASTUZSKAYA TPP-2 • GENERAL ELECTRIC 1 TPP (COAL) WITH 1,000 MW in 2019) • JSC URAL TURBINE PLANT WITH 98.8 MW) SUPPLY ACTIVITIES • PJSC SPA ELSIB • JSC PODOLSKIY MACHINE-BUILDING FACTORY ‘ENGINEERING IN RF’ • OJSC TAGANROG BOILER-MAKING SUPPLY ENERGY SERVICE ENERGY WITHOUT BORDERS WORKS SEGMENT ENGINEERING JV OF EQUIPMENT 1 COMPANY 1 FOUNDATION 1 20 Strategic report Sustainable Development Report Corporate Governance Report Appendix

CONSUMERS

GRID COMPANIES OF RUSSIA 1ST PRICING ZONE OF WECM EUROPE AND EUROPEAN NON-PRICING ZONES

Gas-fired generation of electricity Gas-fired generation of electricity Transmission and distribution and heat and heat electricity grid 80.685 bln kWh 3.204 bln kWh 3,611,000 Gcal 515,000 Gcal PJSC FGC UES PJSC JSC BENC

II PRICING ZONE OF WECM SIBERIA

Gas-fired generation of electricity Gas-fired generation of electricity Municipal heating and heat and heat networks 13.686 bln kWh 1.966 bln kWh 7,992,000 Gcal 8,039,000 Gcal

I PRICING ZONE OF WECM EUROPE

Gas-fired generation of electricity Electricity generation at HPPs Electricity and heat consumers in Russia and heat in Bashkortostan (RF) and WPP • Housing and utility services, management companies, 20.142 bln kWh 837 mln kWh (water), homeowners associations, housing cooperatives 19,909,000 Gcal 0.9 mln kWh (wind) • Population, with direct payments • Industry • Transport and communication • Agriculture Serves 16.2 mln individuals in Russia • Other commercial enterprises • Network organizations Serves 332,000 legal entities in Russia • Publicly-funded institutions • Heat supply organizations

Consumers 14 countries

Sale/purchase on foreign markets Finland Lithuania Kazakhstan, and others China Belarus

Electricity and heat generation in Moldavia 4.244 bln kWh, 102,000 Gcal

Electricity generation at HPPs in Georgia 442 mln kWh Georgia Moldavia Serves 606,000 subscribers in Georgia Turkey Kazakhstan Electricity generation in Kazakhstan 4.929 bln kWh

1 Ekibastuzskaya TPP-2 left the Inter RAO Group in December 2019.

Supply of energy 21 Production chains of the Inter RAO Group Supply of fuel, equipment, and services