Company Strategic Production Financial Corporate Shareholder Appendix profile report results results governance and investor 183 ANNUAL REPORT – 2018 engagement

Shares and listing

MOSCOW EXCHANGE INCLUSION OF INTER RAO SHARES IN INDICES Number of ordinary shares 104,400,000,000 Index name Ticker Weight of Inter RAO securities in index, % Nominal value of share, rubles 2.809767 12/31/2017 12/31/2018 Total nominal value of the issue, rubles 293,339,674,800 MOEX Index (composite index) MICEXINDEXCF 1.11 1.36 ISIN RU000A0JPNM1 Electric Power Industry Index MICEXPWR 14.25 14.60 State registration number 1-04-33498-E

Trading platform MOEX Broad Market Index MICEXBMI 1.05 1.16 Trading start date 12/01/2009 RTS Index RTSI 1.21 1.42 Quotation list First tier FTSE Emerging AWALLE 0.004 0.05 Exchange code (МОEX) IRAO FTSE Russia WIRUS 0.87 1.19 Bloomberg ticker IRAO RX FTSE All-World AWORLDS 0.039 0.01 Thomson Reuters Eikon ticker IRAO MM FTSE4Good Emerging F4GEM 0.068 0.09 MSCI Russia MXRU 1.02 0.9 MSCI Emerging Markets MXEM 0.034 0.04 MSCI ACWI Index ACWI 0.004 0.004 RUSSIA ESG LEADERS - 3.94 3.25 S&P Russia BMI SRUU 0.90 0.91 Dow Jones Russia DJRUSGD 0.89 0.88 Nasdaq Russia NQRU 1.60 1.40 Nasdaq AlphaDEX Emerging Markets NQDXEM 0.99 1.09 Market Vectors Russia Index (Van Eck) MVRSX 1.88 2.38 STOXX Russia Total Market TCRUP 1.15 0.79 STOXX Optimised Russia EEORGT 1.90 1.38 184 SHAREHOLDER AND INVESTOR ENGAGEMENT ANNUAL REPORT – 2018

OVERVIEW OF STOCK INDICES AND CHANGES IN CAPITALIZATION OF ENERGY COMPANIES

Global Industry Capitalization stock indices indices of energy companies

MOEX Russia Index 12.3 Oil and gas 36.3 Inter RO 14.1

NASDAQ Composite Index -3.9 Metallurgy 8.7 2.8

Dow Jones Indus. AVG -5.6 Chemicals and petrochemicals 4.8 -5.5

S&P 500 Index -6.2 Telecoms -2.6 FGC UES -8.6

NIKKEI 225 -12.1 Energy -11.4 -20.9

FTSE 100 Index -12.5 Manufacturing -12.9 OGC-2 -29.1

STOXX600 -13.2 Finance and banks -20.1 Enel Russia -29.2

HANG SENG INDEX -13.6 Transport -22.3 RusHydro -33.4

In 2018, there were a number of negative events on global stock exchanges that As a result, the yield of the Moscow Exchange index grew by 12.3%. contributed to a decline in the majority of world stock indices. In terms of different sectors, oil and gas companies showed the best dynamics due Trade tensions between the world’s largest economies, heightened risks, to higher oil prices and anticipated growth in dividend payments. and volatility on financial markets gave rise to capital outflow in emerging markets. Energy ranked fifth among the sectoral indices. Nevertheless, Russian GDP increased from 1.6% to 2.3% in 2018, while industrial production growth accelerated from 2.1% to 2.9%. All major industries demonstrated The economy of specific issuers as well as important corporate news had the biggest positive dynamics. effect on the index dynamics of energy companies.

Growth continued in the and processing industries, and the electric power and water supply industries resumed growth after a slump in 2017. Company Strategic Production Financial Corporate Shareholder Appendix profile report results results governance and investor 185 ANNUAL REPORT – 2018 engagement

Capitalization Depositary receipts

CAPITALIZATION OF PJSC INTER RAO In 2008, PJSC Inter RAO, together with the Bank of New York Mellon, acting RUB bln as a depositary bank, opened a program for global depositary receipts issued for the Company’s shares according to Regulation S and Rule 144А (1 GDR = 100 +14.1% More detailed 405.02 ordinary shares). Considering the substantial share of foreign investors in PJSC information is available 2018 Inter RAO, the Company provides simultaneous disclosure in English through on the website: 354.96 https://www.londonstock- 2017 the information disclosure service authorized by the UK regulator. exchange.com/exchange/ 401.314 searchengine/news/ 2016 search.html?q=IRAO 0 100 200 300 400 500

CHANGES IN PJSC INTER RAO SHARE QUOTATIONS ON PJSC MOSCOW EXCHANGE IN 2018

IRAO +14.1% MICEX +12.3% MICEX PWR –11.4%

Russia Calling! Release of IFRS reporting Investment Conference Register closure date for H1 2018 4.5 Inter RAO Board recommends dividend for receiving dividends 4,000 payments of 25% of IFRS net profit

New package of U.S. sanctions and inclusion of RUSAL in SDN list Sale of 1.14% stake as part of option program 3,000

4.0

NDR Purchase of stake 2,000 Europe from RusHydro

Buyback of 7% Renaissance Drop in oil prices from $85 of treasury shares to $70 per barrel during October 3.5 Capital Conference from FGC UES

1,000

3.0 0 Jan Feb March Apr May June July Aug Sept Oct Nov Dec

Trading volume, RUB mln Share price, RUB