INFORMATION ON AGENDA ITEMS OF THE MEETING

INFORMATION ON ITEMS ON THE AGENDA OF THE ANNUAL GENERAL SHAREHOLDERS’ MEETING OF PJSC ON 2018 RESULTS

Agenda item 1: Approval of PJSC Rostelecom’s annual report. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. PJSC Rostelecom’s Annual Report 2018 is included in the set of materials for the Meeting. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Approve PJSC Rostelecom’s Annual Report 2018.

Agenda item 2: Approval of PJSC Rostelecom’s annual accounting (financial) statements. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. The following documents are included in the set of materials for the Meeting: auditor’s report by Ernst & Young LLC on PJSC Rostelecom’s accounting statements for 2018; PJSC Rostelecom’s annual financial statements for 2018 prepared in accordance with the Russian Accounting Standards; report of PJSC Rostelecom’s Audit Commission on the results of the audit of PJSC Rostelecom’s financial and business performance in 2018 and on the fairness of data contained in PJSC Rostelecom’s Annual Report 2018. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Approve PJSC Rostelecom’s annual accounting (financial) statements for 2018.

Agenda item 3: Approval of distribution of PJSC Rostelecom’s profits for FY2018. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. PJSC Rostelecom’s net profit for FY2018 determined in accordance with the Russian Accounting Standards (RAS) totalled RUB 5,381,373 thousand, while net profit determined in accordance with the International Financial Reporting Standards (IFRS) was RUB 15,012,000 thousand, and free cash flow (FCF) for 2018 under IFRS was RUB 14,749,000 thousand. On 24 December 2018, the Extraordinary General Shareholders’ Meeting of PJSC Rostelecom decided to pay dividends for the 9 months 2018 in the amount of RUB 2.5 per share, which totals RUB 6,961,200,252.50. To comply with PJSC Rostelecom’s Dividend Policy requirements set out in the information on agenda item 5 below, it is proposed to determine the dividend for FY2018 on PJSC Rostelecom’s ordinary and preference shares in the amount of RUB 2.5 per share, which totals RUB 6,961,200,252.50. Consequently, dividend per each PJSC Rostelecom’s share for the 9 months 2018 and FY2018 will amount to RUB 5, totalling RUB 13,922,400,505.00, or 259% of PJSC Rostelecom’s net profit for FY2018 under RAS, 93% of the net profit under IFRS and 94% of the FCF. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Allocate the entire PJSC Rostelecom’s net profit for FY2018 in the amount of RUB 5,381,373 thousand as follows: – Allocate the net profit for the 9 months of 2018 in the amount of RUB 5,648,507,000 to dividend payouts for the 9 months of 2018. – Allocate the net loss for 4Q 2018 in the amount of RUB 267,134,000 to retained profits of previous years.

Agenda item 4: Approval of distribution of retained profits of previous years. Draft resolution recommended by PJSC Rostelecom’s Board of Directors:

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Allocate PJSC Rostelecom’s retained profits of previous years in the amount of RUB 8,273,893,505 to dividend payouts for the 9 months of 2018 and FY2018.

Agenda item 5: The amount, timeline and form of dividend for 2018 and setting of the date of record. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. Pursuant to paragraph 10.3 the Charter and paragraph 5.7 of the Dividend Policy, the total amount payable as annual dividends on each preference share is set at ten percent (10%) of the Company’s net profit under RAS for the last fiscal year (RUB 5,381,373 thousand in 2018) divided by the number of shares accounting for twenty-five percent (25%) of the Company’s Charter Capital. If dividends on each ordinary share exceed dividends payable on each preference share, the latter dividends should be increased to the amount of dividends payable on ordinary shares. Additionally, paragraphs 5.2 – 5.4 of the Dividend Policy require that: – PJSC Rostelecom will aim to allocate to dividend payments (payable on ordinary and preferred shares in total) during 2019, 2020 and 2021 (i.e. upon results of 2018, 2019 and 2020) at least 75% of the FCF for each reporting year. – PJSC Rostelecom will aim to pay dividend in the amount of at least 5 rubles per one ordinary share for each reporting year. – PJSC Rostelecom will aim to ensure that the amount of dividend payments (payable on ordinary and preferred shares in total) should not exceed 100% of net profit according to IFRS for the reporting year, but in no case it shall be less than the level recommended by Rosimushchestvo for companies with state ownership interest if such requirement is applicable to PJSC Rostelecom. Thus, it is proposed to determine the dividend for FY2018 on PJSC Rostelecom’s ordinary and preference shares in the amount of RUB 2.5 per share, which totals RUB 6,961,200,252.50. Consequently, dividend per each PJSC Rostelecom’s share for the 9 months 2018 and FY2018 will amount to RUB 5, totalling RUB 13,922,400,505.00, or 259% of PJSC Rostelecom’s net profit for FY2018 under RAS, 93% of the net profit under IFRS and 94% of the FCF. Pursuant to paragraph 5 of Article 42 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, the date of record shall be set by resolution of the General Shareholders’ Meeting as proposed by the Board of Directors, but this date shall be not earlier than ten (10) or later than twenty (20) days from the date the relevant resolution is passed by the General Shareholders’ Meeting. Accordingly, it is proposed to set 4 July 2019 as the date of record for the purposes of FY2018 dividend payment. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: 1. Pay dividends for 2018 in cash as follows: – on PJSC Rostelecom’s preference Class A shares: in the amount of RUB 2.5 per share, – on PJSC Rostelecom’s ordinary shares: in the amount of RUB 2.5 per share, that is RUB 6,961,200,252.50 is allocated to dividend payouts on all PJSC Rostelecom’s preference and ordinary shares, including RUB 0 from net profit for FY2018 and RUB 6,961,200,252.50 from retained profits of previous years. Dividends accrued to one shareholder of PJSC Rostelecom shall be rounded to the nearest kopeck using mathematical rounding rules. 2. Set the date of record for 2018: 4 July 2019. Dividend payouts to nominee shareholders and trustees (professional security traders) whose names are on the shareholder register shall be made within ten (10) business days of the date of record, and to other shareholders whose names are on the shareholder register – within twenty-five (25) business days of the date of record.

Agenda item 6: Election of the Board of Directors of PJSC Rostelecom. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting.

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Proposals to nominate the following candidates to PJSC Rostelecom’s Board of Directors were submitted to PJSC Rostelecom’s Board of Directors within the timeframe specified by applicable laws of the Russian Federation and PJSC Rostelecom’s Charter:  By the Russian Federation acting through the Federal Agency for State Property Management owning 48.7% of PJSC Rostelecom’s voting shares as on the date the proposal was submitted: 1. Ruben A. Aganbegyan; 2. Alexander A. Auzan; 3. Kirill A. Dmitriev; 4. Anton A. Zlatopolsky; 5. Sergei B. Ivanov; 6. Alexei A. Ivanchenko; 7. Nikolai A. Nikiforov; 8. Konstantin Yu. Noskov; 9. Mikhail E. Oseevsky; 10. Vadim V. Semenov; 11. Alexei A. Yakovitskiy. Consent of all the candidates to be nominated is available. Information available to Rostelecom on positions held by the nominated candidates in the last five years is presented below:

1) Ruben A. Aganbegyan, Advisor to General Director, InfraVEB, JSC. Mr Aganbegyan was born in 1972. He graduated from State Law Academy.

Period Organisation Position 2010 2017 Public Organisation Russian Union of member of the Management Board Industrialists and Entrepreneurs 2012 2014 OJSC Otkritie Financial Corporation General Director, President (renamed OJSC Otkritie Holding) 2013 2014 Brunswick Rail member of the Board of Directors 2013 2016 PJSC Bank Otkritie Financial Corporation member of the Supervisory Board, Chairman of the (formerly OJSC Bank Otkritie Financial Supervisory Board Corporation) 2013 2016 Non-profit organisation Russian National member of the Board of Directors Association of Securities Market Participants (NAUFOR) 2013 15 Nov 2017 Otkritie Capital LLC Chairman of the Board of Directors 2013 2014 OJSC Otkritie Holding Chairman of the Board of Directors 2013 present PJSC Rostelecom member of the Board of Directors 2014 2014 OJSC Otkritie Bank member of the Board of Directors 2014 2015 OJSC Bank Petrocommerce member of the Board of Directors, Chairman of the Board of Directors 2014 present PJSC MMK member of the Board of Directors 2014 2017 JSC Otkritie Holding General Director, Chairman of the Management Board 2014 15 Nov 2017 JSC Otkritie Holding member of the Board of Directors 2015 2018 Public Joint-Stock Company National Bank Chairman of the Board of Directors TRUST 2016 present Federal State Autonomous Institution member of the Supervisory Board Russian Industrial Development Fund 2016 present Polytechnic Museum Development Fund member of the Fund 2017 28 Aug 2017 PJSC Bank Otkritie Financial Corporation President, Chairman of the Supervisory Board 28 Aug 2017 15 Nov 2017 JSC Otkritie Holding Managing Director 2018 17 April 2019 VEB Capital LLC Advisor to General Director 18 April 2019 present InfraVEB, JSC Advisor to General Director

2) Alexander A. Auzan, Dean of the Department of Economics, Lomonosov Moscow State University. Mr Auzan was born in 1954. In 1979, he graduated from Lomonosov Moscow State University, Department of Economics. Doctor of Economics, Professor.

Period Organisation Position Federal State Budget Educational Institution Head of the Chair of Applied Institutional Economics 2002 present of Higher Education Lomonosov Moscow (Department of Economics) State University

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Federal State Budget Educational Institution 2013 present of Higher Education Lomonosov Moscow Dean of the Department of Economics State University 2013 present JSC RVC member of the Board of Directors 2015 present PJSC member of the Board of Directors 2015 present PJSC Rostelecom member of the Board of Directors 2018 present VEB Innovations LLC member of the Board of Directors

3) Kirill A. Dmitriev, General Director, LLC RDIF Management Company. Mr Dmitriev was born in 1975. He graduated from Stanford University.

Period Organisation Position 2011 present JSC RDIF Management Company General Director member of the Supervisory Board, Chairman of the 2012 present JSC RDIF Management Company Management Board 2012 present MD Medical Group Investment plc member of the Board of Directors 2013 present RCIF Asset Management Limited member of the Board of Directors 2014 present Bank GPB (JSC) member of the Board of Directors 2014 present PJSC Rostelecom member of the Board of Directors December April 2015 PJSC SIBUR Holding member of the Board of Directors 2015 2015 2016 PROMINVESTBANK member of the Board of Directors 2016 present JSC Russian Railways member of the Board of Directors 2017 present PJSC ALROSA member of the Board of Directors 2017 present PJSC member of the Board of Directors

4) Anton A. Zlatopolsky, General Director, State TV Company Rossiya TV Сhannel. Mr Zlatopolsky was born in Moscow in 1966. In 1988, he graduated from Lomonosov Moscow State University. Candidate of Law (PhD).

Period Organisation Position Rossiya TV Сhannel, Branch of FGUP 2006 present General Director, First Deputy General Director VGTRK 2011 present PJSC Rostelecom member of the Board of Directors 2016 present JSC TsTV member of the Board of Directors

5) Sergei B. Ivanov, Special Presidential Representative for Nature Protection, the Environment and Transport. Mr Ivanov was born in Leningrad in 1953. He graduated from the Translation Department of the Philological Faculty of Leningrad State University, then completed Higher Translation Courses of the USSR KGB in Minsk.

Period Organisation Position 2008 2011 The Russian Government Deputy Prime Minister of the Russian Federation Chief of Staff of the Executive Office of the Russian 2011 2016 Executive Office of the Russian President President 2015 present PJSC Rostelecom Chairman of the Board of Directors Special Presidential Representative for Nature 2016 present Protection, the Environment and Transport 2017 present JSC RDIF Management Company Chairman of the Supervisory Board

6) Alexei A. Ivanchenko, Deputy Chairman of the Management Board, VEB.RF. Mr Ivanchenko was born in 1979. In 2000, he graduated from Arkansas Tech University in Russellville, Arkansas, USA, bachelor in Economics. In 2000, he graduated from University of Arkansas at Little Rock, Arkansas, USA, MBA in Economics.

Period Organisation Position Business Administrator, Head of Business 2010 2016 PJSC Sberbank Administration, Chief Managing Director 2012 present LLC Moscow City Golf Club Chairman of the Board of Directors Advisor to Chairman of the Management Board, 2018 present VEB.RF Deputy Chairman of the Management Board

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7) Nikolai A. Nikiforov, General Director, LLC Innopolis Development. Mr Nikiforov was born in 1982. In 2004, he graduated from Kazan State University, Department of Economics with a degree in Economic Theory.

Period Organisation Position Ministry of Digital Development, Telecom Minister of Digital Development, Telecom and Mass 2012 2018 and Mass Communications of the Russian Communications of the Russian Federation Federation Autonomous Non-profit organisation of 2012 present Chairman of the Supervisory Board higher education Innopolis University 2016 2018 PJSC Post Bank Chairman of the Supervisory Board 2018 present LLC Diginavis Chairman of the Board of Directors 2018 present LLC Innopolis Development General Director 2018 present PJSC Rostelecom member of the Board of Directors

8) Konstantin Yu. Noskov, Minister of Digital Development, Telecom and Mass Communications of the Russian Federation. Mr Noskov was born in 1978. In 2000, he graduated from Moscow State Academy of Instrument Engineering and Computer Science with a degree in Automated Information Processing and Control Systems. In 2001, we graduated from National Research University – Higher School of Economics with a master’s degree in Strategic Management.

Period Organisation Position Analytical Center for the Government of the 2012 2018 head Russian Federation 2016 2018 JSC TransTeleCom Company member of the Board of Directors 2018 present PJSC Post Bank Chairman of the Supervisory Board Autonomous Non-profit organisation Digital 2018 present Chairman of the Supervisory Board Economy 2018 present State Corporation Roscosmos Chairman of the Supervisory Board Autonomous Non-profit organisation 2018 present Analytical Center for the Government of the Chairman of the Supervisory Board Russian Federation Ministry of Digital Development, Telecom Minister of Digital Development, Telecom and Mass 2018 present and Mass Communications of the Russian Communications of the Russian Federation Federation 2018 present PJSC Rostelecom member of the Board of Directors

9) Mikhail E. Oseevsky, President, PJSC Rostelecom. Mr Oseevsky was born in 1960. In 1983, he graduated from Kalinin Leningrad Polytechnic Institute (degree in Electrical Engineering – Electrophysics). Doctor of Economics.

Period Organisation Position December Ministry of Economic Development of the Deputy Minister of Economic Development of the June 2012 2011 Russian Federation Russian Federation Deputy President and Chairman of the Management August 2012 March 2017 Bank VTB (PJSC) Board August 2012 2017 VTB 24 (PJSC) member of the Supervisory Board September December OJSC Special Economic Zones Chairman of the Board of Directors 2014 2014 2015 2017 JSC Unified Electronic Market Place member of the Board of Directors 2015 2017 CJSC VTB Bank (Belarus) member of the Board of Directors 2015 2017 JSC VTB Bank (Georgia) member of the Supervisory Board 2015 2017 Subsidiary JSC VTB Bank (Kazakhstan) member of the Board of Directors 2015 2017 OJSC VTB Bank (Azerbaijan) member of the Supervisory Board March 2017 present PJSC Rostelecom President, Chairman of the Management Board June 2017 present PJSC Rostelecom member of the Board of Directors April 2017 present LLC T2 RTK Holding member of the Board of Directors September Autonomous Non-profit organisation Digital present member of the Supervisory Board 2017 Economy Public Organisation Russian Union of 2017 present member of the Management Board Industrialists and Entrepreneurs September present JSC Private Pension Fund Alliance member of the Supervisory Board 2017 March 2018 present Open Mobile Platform LLC member of the Board of Directors March 2018 present Votron LLC member of the Board of Directors

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10) Vadim V. Semenov, Chairman of the Supervisory Board, State Company Russian Highways (Avtodor). Mr Semenov was born in Leningrad in 1965. In 1987, he graduated from Zhdanov Leningrad State University with a degree in Law.

Period Organisation Position 2010 2014 OJSC MMTS-9 Chairman of the Board of Directors General Director, Chairman of the Management 2010 2013 OJSC Svyazinvest Board 2011 2013 OJSC Svyazinvest member of the Board of Directors 2011 2014 OJSC Central Telegraph Chairman of the Board of Directors 2010 2013 Telecom-Soyuz private pension fund Member of the Fund Board 2011 2014 OJSC Bashinformsvyaz member of the Board of Directors 2011 present PJSC Rostelecom member of the Board of Directors 2011 2014 OJSC GIPROSVYAZ Chairman of the Board of Directors 2012 2015 CJSC Echo of Moscow member of the Board of Directors State Company Russian Highways 2013 present Chairman of the Supervisory Board (Avtodor) Far East and Baikal Region Development 2018 present member of the Board of Directors Fund 2019 present New Digital Solutions LLC member of the Board of Directors

11) Aleksei A. Yakovitskiy, General Director, JSC VTB Capital. Mr Yakovitskiy was born in 1975. In 1997, he graduated from Lomonosov Moscow State University, Department of History, and in 1998 – from Nelson A. Rockefeller College of Public Affairs and Policy (Albany, USA).

Period Organisation Position 2009 present JSC VTB Capital General Director, Chairman of the Management Board 2011 present JSC VTB Capital Holding General Director, Chairman of the Management Board 2014 present JSC VTB Capital Holding member of the Board of Directors 2011 present VTB Capital IB Holding LLC General Director, Chairman of the Management Board 2013 present VTB Capital IB Holding LLC member of the Board of Directors 2014 present VTB Capital & CIS Fixed Income member of the Board of Directors Fund Ltd 2014 present VTB Capital Russia & CIS Equity Fund Ltd member of the Board of Directors 2014 2016 VTB Capital Investment Management Chairman of the Board of Directors (Switzerland) S.A. 2016 present VTB Bank (Austria) AG Chairman of the Board of Directors 2012 present VTB Capital Trading Limited member of the Board of Directors 2017 present PJSC Rostelecom member of the Board of Directors 2017 present VTB Bank (Europe) SE member of the Supervisory Board None of the proposed candidates was subject to administrative prosecution for an offence committed in business operations, finance, taxes and fees or the securities market, or to criminal prosecution (has a criminal record) for an economic crime or crime against the state or the interests of public or local authorities, or held any office in governing bodies of commercial organisations at the time when any action for bankruptcy and/or any bankruptcy procedures provided for by the Russian laws on insolvency (bankruptcy) was initiated and/or instituted against such company. The following information regarding ownership of PJSC Rostelecom’s shares by candidates to the Board of Directors and transactions with such shares is available to Rostelecom: As on 31 December 2018 Mr Oseevsky owned 0.0735% in the Charter Capital and 0.0795% in total number of ordinary shares of PJSC Rostelecom. In 2018 Mr Oseevsky notified Rostelecom about making the following transactions involving the Company securities: 1. On 21 May 2018 S. Mr Oseevsky purchased 409,291 ordinary shares of PJSC Rostelecom. 2. On 6 June 2018 Mr Oseevsky purchased 1,637,164 ordinary shares of PJSC Rostelecom. According to the information contained in the register of holders of registered securities of PJSC Rostelecom, none of the other candidates to the Board of Directors or their family members has an interest in the Charter Capital of PJSC Rostelecom or performed any transactions with PJSC Rostelecom’s

6 INFORMATION ON AGENDA ITEMS OF THE MEETING securities in 2018. PJSC Rostelecom has no information about the ownership by candidates to PJSC Rostelecom’s Board of Directors of PJSC Rostelecom’s shares or performance of transactions with PJSC Rostelecom’s securities via nominee shareholders. The number of candidates to the Board of Directors is eleven (11). Pursuant to paragraph 23.1 of the Charter, the Board of Directors comprises eleven (11) members. Voting on this item is cumulative. To comply with recommendations of the Corporate Governance Code approved by the Board of Directors of the Bank of Russia on 21 March 2014 (the “Code”), independent directors shall make up at least one third of elected Directors, i.e. there shall be at least four independent directors. Draft resolution of the Annual General Shareholders’ Meeting of PJSC Rostelecom: Elect the following persons to the Board of Directors of PJSC Rostelecom: 1. Ruben A. Aganbegyan; 2. Alexander A. Auzan; 3. Kirill A. Dmitriev; 4. Anton A. Zlatopolsky; 5. Sergei Ivanov; 6. Alexei A. Ivanchenko; 7. Nikolai A. Nikiforov; 8. Konstantin Yu. Noskov; 9. Mikhail E. Oseevsky; 10. Vadim V. Semenov; 11. Alexei A. Yakovitskiy.

Agenda item 7: Election of the Audit Commission of PJSC Rostelecom. Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. Proposals to nominate the following candidates to PJSC Rostelecom’s Audit Commission were submitted to PJSC Rostelecom’s Board of Directors within the timeframe specified by applicable laws of the Russian Federation and PJSC Rostelecom’s Charter:  By the Russian Federation acting through the Federal Agency for State Property Management owning 48.7% of PJSC Rostelecom’s voting shares as on the date the proposal was submitted: 1. Igor V. Belikov; 2. Valentina F. Veremyanina; 3. Anton P. Dmitriev; 4. Andrei N. Kantsurov; 5. Ilya I. Karpov; 6. Mikhail P. Krasnov; 7. Anna V. Chizhikova. Consent of all the candidates to be nominated is available. Information available to Rostelecom on positions held by the nominated candidates in the last five years is presented below:

1) Igor V. Belikov, Director, Russian Institute of Directors. Mr Belikov was born in 1956. In 1980, he graduated from Voronezh State University (degree in History and English Language), in 1986 he completed post-graduate studies in the Institute for African Studies of the Russian Academy of Sciences, in 1996 – Advanced Training and New Qualifications Institute of Financial Academy under the Government of the Russian Federation (degree in Banking and Insurance, Securities Market). In 1998 he obtained a certificate of general audit from Ministry of Finance of the Russian Federation, in 2002 – a certificate of corporate governance at Schulich School of Business of York University (Toronto, Canada). Period Organisation Position Director, member and deputy Chairman of the Board Non-profit partnership Russian Institute of 2002 present of the National Register of Professional Corporate Directors Directors member of the Association, Chairman of the 2002 present Russian Managers Association. Corporate Governance and Investment Committee 2008 2015 JSC Agency for Housing Mortgage Lending member of the Nominations and Remuneration

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(DOM.RF) Committee 2008 2016 PJSC Acron member of the Board of Directors member of the Board of Directors, Chairman of the 2009 present OJSC Inter- Ministerial Analytical Centre Nominations and Remuneration Committee, member of the Audit Committee JSC Agency for Housing Mortgage Lending member of the Audit Committee and Strategic 2010 2015 (DOM.RF) Planning Committee JSC Agency for Housing Mortgage Lending 2012 2015 member of the Supervisory Board (DOM.RF) Non-commercial partnership The Institute of 2012 2016 member of the Board Internal Auditors OJSC All-Russia Scientific Research 2010 2016 member of the Board of Directors Institute for Certification (VNIIS) OJSC All-Russia Scientific Research member of the Audit Committee, the Nominations 2011 2016 Institute for Certification (VNIIS) and Remuneration Committee 2012 2015 OJSC Murmansk Sea Fishing Port Chairman of the Board of Directors member of the Board of Directors, Chairman of the 2012 2016 OJSC VNIPIneft Nominations and Remuneration Committee, member of the Audit Committee Chairman of the Board of Directors, member of the Audit Committee, the Nominations and 2012 2016 OJSC Vnukovo Airport Remuneration Committee, Strategic Planning Committee 2013 2015 OJSC Sevmorneftegeofizika member of the Board of Directors member of the Board of Directors, member of the 2013 2015 PJSC Acron Audit Committee, the Nominations and Remuneration Committee member of the Board of Directors, member of the 2013 2016 Eurasia Drilling Company Corporate Governance Committee 2014 present PJSC Chairman of the Audit Commission 2015 2016 OJSC Fundamentexport member of the Board of Directors Chief Independent Director, member of the Audit 2015 2016 PJSC Acron Committee, the Nominations and Remuneration Committee member of the Expert Council for Corporate 2016 present Bank of Russia Governance 2016 2017 OJSC Inteltech member of the Board of Directors 2016 2017 JSC Giprorybflot member of the Board of Directors member of the Board of Directors, member of the OJSC Scientific and Research Institute of 2016 present Audit Committee, the Nominations and Motor Transport Remuneration Committee 2017 2017 JSC Head Special Design Bureau Projector member of the Board of Directors JSC Scientific and Research Institute of 2017 2018 member of the Board of Directors Electronic Technology Ministry of Economic Development of the member of the Expert Council for Corporate 2017 present Russian Federation Governance 2018 present OJSC Russian Railways member of the Audit Commission 2018 present PJSC Rostelecom Chairman of the Audit Commission

2) Valentina F. Veremyanina, Deputy General Director for Legal Affairs and Corporate Governance, OJSC Severneftegazprom. Ms Veremyanina was born in 1966. In 1988, she graduated from Voronezh State University with a degree in Law. Period Organisation Position 2011 2014 PJSC GIPROSVYAZ member of the Board of Directors 2011 2014 PJSC Central Telegraph member of the Board of Directors 2011 present PJSC Rostelecom member of the Audit Commission 2011 2014 OJSC ORK member of the Board of Directors 2012 2014 OJSC CHUKOTKASVIAZINFORM Chairman of the Board of Directors 2013 2014 PJSC Bashinformsvyaz member of the Board of Directors 2013 2017 PJSC Rostelecom Advisor Deputy General Director for Legal Affairs and 2014 present OJSC Severneftegazprom Corporate Governance

3) Anton P. Dmitriev, Division Assistant Officer, Department of the Ministry of Economic Development of the Russian Federation. Mr Dmitriev was born in 1982. In 2004, he graduated from Moscow Academy of Economics and Law with a degree in Finance and Credit, and in 2014 – from Kutafin Moscow State Law University with a degree in Law.

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Period Organisation Position 2012 2013 OJSC Russian Railways Logistics Specialist of the Corporate Governance Department 2013 2014 PolyEuroService LLC chief lawyer 2014 2016 Tooth Fairy LLC Deputy General Director for Legal Affairs Ministry of Economic Development of the Assistant Officer of Corporate Governance 2016 2017 Russian Federation Department Ministry of Economic Development of the Head of a division of Corporate Governance 2017 2018 Russian Federation Department Ministry of Economic Development of the Assistant Officer of Corporate Governance 2017 present Russian Federation Department 2018 present PJSC Rostelecom member of the Audit Commission

4) Andrei N. Kantsurov, Director of the Department for Regulation of Radio Frequencies and Telecom Networks, Ministry of Telecom and Mass Communications of the Russian Federation. Mr Kantsurov was born in 1968. In 1991, he graduated from Leningrad High Military Engineering School of Communications named after Lensoveta. In 1998, he graduated from Military Academy of Communications named after S.M. Budyonny. Period Organisation Position Federal Communications, Information Deputy Head of the Department of Telecom 2010 2018 Technology and Mass Media Regulatory Licencing Authority Ministry of Digital Development, Telecom Director of the Department for Regulation of Radio 2018 present and Mass Communications of the Russian Frequencies and Telecom Networks Federation

5) Ilya I. Karpov, Deputy Head, Department of Property Relations and Privatisation of Major Organisations, Federal Agency for State Property Management. Mr Karpov was born in 1988. In 2011, he graduated Kutafin Moscow State Law University with a degree in Law. Period Organisation Position Chief Specialist-Expert, Division of Legal Due Federal Agency for State Property Diligence and Methodological Support of Property 2013 2014 Management Management, Legal Support and Judicial Protection Department Deputy Head, Division of Legal Due Diligence and Federal Agency for State Property 2014 2015 Methodological Support of Property Management, Management Legal Support and Judicial Protection Department Head of Division for Privatisation of Organisations in Federal Agency for State Property 2015 2016 Regulated Industries, Department of Property Management Relations and Privatisation of Major Organisations Federal Agency for State Property Deputy Head, Department of Property Relations and 2016 present Management Privatisation of Major Organisations 2016 present PJSC Rostelecom member of the Audit Commission 2016 present Russian National Commercial Bank member of the Audit Commission 2016 2016 OJSC VNIPIneft member of the Board of Directors 2016 2018 PJSC FGC UES member of the Audit Commission 2018 present PJSC member of the Audit Commission

6) Mikhail P. Krasnov, Chairman of the Supervisory Board, JSC VERYSELL ISA. Mr Krasnov was born in 1952. In 1975, he graduated from Lomonosov Moscow State University with a degree in Economic Geography; in 1979, he completed post-graduate studies in the Institute for the US and Canadian Studies of the Academy of Sciences of USSR; in 1981, he received a PhD in Economics; in 1987, he graduated from Moscow Aviation Institute, Special Department of Informatics; in 2013, he completed the Independent Director Programme at the High School of Public Audit of Lomonosov Moscow State University; in 2014, he completed the Chartered Director Programme at the Institute of Directors (IoD), UK. Period Organisation Position 2000 2017 Verysell S.A. Director member of the Strategy Committee of the Board of 2012 2014 OJSC Russian Venture Company Directors 2014 present OJSC Russian Venture Company member of the Advisory Board 2014 2015 OJSC Rosselkhozbank member of the Audit Commission 2014 2016 OJSC RAC MiG member of the Board of Directors 2014 present VTB Bank (PJSC) member of the Audit Commission 2015 present PJSC Rostelecom member of the Audit Commission 2016 present JSC VERYSELL ISA Chairman of the Supervisory Board

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7) Anna V. Chizhikova, Assistant Officer of the Division of Transport and Communications Reforms, Department for State Tariff Regulation, Infrastructure Reforms and Energy Efficiency, Ministry of Economic Development of the Russian Federation. Mы Chizhikova was born in Kecskemet, Hungarian People's Republic in 1989. In 2010, she graduated from Moscow State University of Telecommunications and Informatics with a degree in Radio Engineering (digital cellular systems specialization). Period Organisation Position Federal State Unitary Enterprise Radio 2011 2016 Leading Specialist Research and Development Institute 2016 2017 Ministry of Economic Development of the Chief Specialist-Expert, Division of Transport and Russian Federation Communications Reforms, Department for State Tariff Regulation, Infrastructure Reforms and Energy Efficiency 2017 2018 Ministry of Economic Development of the Lead Advisor of the Division of State Regulation of Russian Federation Utilities Tariffs, Department for State Tariff Regulation, Infrastructure Reforms and Energy Efficiency Assistant Officer of the Division of Transport and Ministry of Economic Development of the Communications Reforms, Department for State 2018 present Russian Federation Tariff Regulation, Infrastructure Reforms and Energy Efficiency 2018 present PJSC Rostelecom member of the Audit Commission None of the proposed candidates was subject to administrative prosecution for an offence committed in business operations, finance, taxes and fees or the securities market, or to criminal prosecution (has a criminal record) for an economic crime or crime against the state or the interests of public or local authorities, or held any office in governing bodies of commercial organisations at the time when any action for bankruptcy and/or any bankruptcy procedures provided for by the Russian laws on insolvency (bankruptcy) was initiated and/or instituted against such company. According to the information contained in the register of holders of registered securities of PJSC Rostelecom, none of the candidates to the Audit Commission (except for V.F. Veremyanina; relevant information provided below) or their family members has an interest in the Charter Capital of PJSC Rostelecom or performed any transactions with PJSC Rostelecom’s securities in 2018. PJSC Rostelecom has no information about the ownership by candidates to PJSC Rostelecom’s Audit Commission of PJSC Rostelecom’s shares or performance of transactions with PJSC Rostelecom’s securities via nominee shareholders. As at 31 December 2018, V.F. Veremyanina held a 0.0001482% interest in Charter Capital and owned 0.0001617% of PJSC Rostelecom’s ordinary shares. In 2018, V.F. Veremyanina did not notify PJSC Rostelecom of any transactions with PJSC Rostelecom’s securities. The number of candidates to the Audit Commission is seven (7). Pursuant to paragraph 28.2 of the Charter, the Audit Commission comprises seven (7) members. Draft resolution of the Annual General Shareholders’ Meeting of PJSC Rostelecom: Elect the following persons to the Audit Commission of PJSC Rostelecom: 1. Igor V. Belikov; 2. Valentina F. Veremyanina; 3. Anton P. Dmitriev; 4. Andrei N. Kantsurov; 5. Ilya I. Karpov; 6. Mikhail P. Krasnov; 7. Anna V. Chizhikova.

Agenda item 8: Approval of the auditor of PJSC Rostelecom Pursuant to paragraph 1 of Article 47 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies, this agenda item is mandatory for consideration by the annual general shareholders’ meeting. Rostelecom held a public tender to award a contract for auditing Rostelecom’s accounting statements as at and for the year ended 31 December 2019 prepared in accordance with RAS; consolidated financial statements as at and for the year ended 31 December 2019 prepared in accordance with IFRS, in Russian

10 INFORMATION ON AGENDA ITEMS OF THE MEETING and English pursuant to Federal Law No. 208-FZ dated 27 July 2010; general review of consolidated financial statements (balance sheet, statements of comprehensive income, cash flow, changes in equity) as at and for the periods ending 30 September 2019 and 31 March 2020; general review of condensed interim consolidated financial statements prepared in accordance with IFRS pursuant to IFRS 34 as at and for the six-month period ending 30 June 2020, in English and Russian. Information on the above procurement and draft contract proposed by Rostelecom are available on the Integrated procurement information system website at http://zakupki.gov.ru/epz/order/notice/ok44/view/common-info.html?regNumber=0673000000219000001. The procedures used for selecting independent auditors and ensuring their independence and objectivity are regulated by Federal Law No. 44-FZ dated 5 April 2013 On the Contract System in State and Municipal Procurement of Goods, Work and Services and Federal Law No. 307-FZ dated 30 December 2008 On Auditing Activities. Potential auditors are assessed against the following criteria:  contract price;  the auditor’s total revenues from audit and consulting services in 2015, 2016 and 2017 (RUB);  the auditor’s average annual headcount, in total for 2015, 2016 and 2017;  the number of auditors employed by the auditor;  the auditor’s experience in auditing consolidated IFRS reports of Russian groups of companies controlled by the state (with more than 50% of the charter capital owned by the state) for three consecutive years from 2015 through 2017, comparable with PJSC Rostelecom in terms of revenue (consolidated revenue according to IFRS statements) set at least RUB 150 billion;  the auditor’s experience of simultaneous audits in accordance with RAS, IFRS and/or US GAAP of companies with comparable revenue over three consecutive years from 2015 through 2017 (comparable companies). Revenue is determined according to each set of audited statements (in accordance with RAS or IFRS) and is set at least RUB 150 billion;  availability of the auditor’s specialised resources in the area of assessment, actuary assessments, IT, and internal audit. The analysis revealed no factors affecting independence of the above companies, including material interest linking the auditors or their officers with PJSC Rostelecom:  the auditors hold no interest in PJSC Rostelecom’s Charter Capital;  Rostelecom does not provide loans to the auditor;  there are no close business relations (such as the auditor’s involvement in the promotion of Rostelecom’s products (services), the auditor’s participation in joint business activities, etc.);  no Rostelecom’s officer simultaneously holds an office with any of the auditors. PJSC Rostelecom’s Board of Directors and Audit Committee examined the results of the analysis to select the candidate to be appointed PJSC Rostelecom’s auditor to audit its financial statements for 2H 2019 and 1H 2020, and, based on the proposals submitted by the audit firms in accordance with material criteria of the analysis, propose that the Annual General Shareholders’ Meeting on 2018 results approve Ernst & Young LLC as PJSC Rostelecom’s auditor for 2H 2019 and 1H 2020. Information on membership of the proposed auditor in self-regulatory organisations of auditors: Full name: Russian Union of Auditors (Association). Location: 8 bldg. 2 Petrovskiy Pereulok, building 3, Moscow, 107031, Russia. Additional Information: Ernst & Young LLC is included in the control copy of the register of auditors and audit organisations, main registration number: 11603050648. The proposed fee payable to Ernst & Young LLC for audit-related services: RUB 73,652,544, including RUB 12,275,424 of VAT (including any shipment and transportation expenses, customs duties, taxes and other mandatory payments required by applicable Russian laws). Ernst & Young LLC is not expected to provide non-audit services. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Approve Ernst & Young LLC as PJSC Rostelecom’s auditor for 2H 2019 and 1H 2020.

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Agenda item 9: Payment of remuneration for performing duties as members of the Board of Directors to members of the Board of Directors who are not public officials in the amount established by PJSC Rostelecom’s internal documents. The item is put on the agenda following a proposal of the Board of Directors pursuant to the requirement of Article 64 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies to set remuneration and compensation payable to members of the Board of Directors by resolution of the General Shareholders’ Meeting. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: 1. Pay annual remuneration to each member of PJSC Rostelecom’s Board of Directors who is not a public official or PJSC Rostelecom’s employee and who performed the duties of a member of the Board of Directors in the period from the Annual General Shareholders’ Meeting on 2017 results and until the Extraordinary General Shareholders’ Meeting held on 24 December 2018 as follows: – up to RUB 2,099,447.51 for the performance of duties as a member of the Board of Directors; a coefficient of 1.5 is used to calculate the remuneration payable to the Chairman of the Board of Directors; – up to RUB 209,944,75 for the performance of duties as a member of the Audit Committee of the Board of Directors; a coefficient of 1.25 is used to calculate the remuneration payable to the Chairman of the Audit Committee of the Board of Directors; up to RUB 167,955.80 for the performance of duties as a member of the Strategy Committee, Nomination and Remuneration Committee, Corporate Governance Committee, and Investment Committee of the Board of Directors; a coefficient of 1.25 is used to calculate the remuneration payable to the chairmen of the above committees of the Board of Directors. 2. Pay annual remuneration to each member of PJSC Rostelecom’s Board of Directors who is not a public official or PJSC Rostelecom’s employee and who performed the duties of a member of the Board of Directors in the period from the Extraordinary General Shareholders’ Meeting held on 24 December 2018 and until the Annual General Shareholders’ Meeting on 2018 results as follows: – up to RUB 1,900,552.49 for the performance of duties as a member of the Board of Directors; a coefficient of 1.5 is used to calculate the remuneration payable to the Chairman of the Board of Directors; – up to RUB 190,055.25 for the performance of duties as a member of the Audit Committee of the Board of Directors; a coefficient of 1.25 is used to calculate the remuneration payable to the Chairman of the Audit Committee of the Board of Directors; up to RUB 152,044.20 for the performance of duties as a member of the Strategy Committee, Nomination and Remuneration Committee, Corporate Governance Committee, and Investment Committee of the Board of Directors; a coefficient of 1.25 is used to calculate the remuneration payable to the chairmen of the above committees of the Board of Directors. 3. Reimburse members of the Board of Directors for expenses related to the performance of their duties as members of the Board of Directors in accordance with Regulations on the Board of Directors.

Agenda item 10: Payment of remuneration for performing duties as members of the Audit Commission to members of the Audit Commission who are not public officials in amount established by PJSC Rostelecom’s internal documents. The item is put on the agenda following a proposal of Rostelecom Board of Directors pursuant to the requirement of Article 85 of Federal Law No. 208-FZ dated 26 December 1995 On Joint-Stock Companies to set remuneration and compensation payable to members of the Audit Commission by resolution of the General Shareholders’ Meeting. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: 1. Pay annual remuneration to each member of PJSC Rostelecom’s Audit Commission who is not a public official or PJSC Rostelecom’s employee and who performed the duties of a member of the Audit Commission in the period from the General Shareholders’ Meeting on 2017 results and until the General Shareholders’ Meeting on 2018 results in the amount of RUB 800,000; a coefficient of 1.3 is used to calculate the remuneration payable to the Chairman of the Audit Commission, and a coefficient of 1.1 is used to calculate the remuneration payable to the Secretary of the Audit Commission;

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2. Reimburse members of the Audit Commission for expenses related to the performance of their duties as members of the Audit Commission in accordance with Regulations on the Audit Commission.

Agenda item 11: Approval of version No. 19 of PJSC Rostelecom’s Charter. The item is put on the agenda following a proposal made by PJSC Rostelecom’s Board of Directors. Draft Charter of PJSC Rostelecom, version No. 19, is included in the set of materials for the Meeting. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Approve version No. 19 of PJSC Rostelecom’s Charter.

Agenda item 12: Approval of version No. 11 of the Regulations on the General Shareholders’ Meeting of PJSC Rostelecom. The item is put on the agenda following a proposal made by PJSC Rostelecom’s Board of Directors. Draft Regulations on the General Shareholders’ Meeting of PJSC Rostelecom, version No. 11, are included in the set of materials for the Meeting. Draft resolution recommended by PJSC Rostelecom’s Board of Directors: Approve version No. 11 of the Regulations on the General Shareholders’ Meeting of PJSC Rostelecom.

Agenda item 13: Membership of PJSC Rostelecom in Association Self-Regulatory Organization “The central association for engineering surveys CENTRIZYSKANIYA”. Pursuant to paragraph 14.2.20 of PJSC Rostelecom’s Charter, membership in financial and industrial groups, associations and other alliances of commercial organisations is referred to the jurisdiction of the General Shareholders’ Meeting. Pursuant to paragraph 14.3 of PJSC Rostelecom’s Charter, the resolution on this issue shall be passed by the General Shareholders’ Meeting exclusively as proposed by the Board of Directors. Since 2009 PJSC Rostelecom is a member of self-regulatory organisations in the sphere of construction and design, which allows the Company to carry out capital development projects. However, the terms of some competitions (tenders, auctions) held by third parties for construction and design provide for, inter alia, engineering surveys. Thus, organisers of such competitions require that bidders provide certification for engineering surveys. In accordance with article 55.8 of the Town Planning Code of the Russian Federation, a legal entity has a rights to carry out engineering surveys under contract, if the entity is a member of a self-regulatory organisation in the sphere of engineering surveys (hereafter “SRO”). In order to participate in competitions (tenders, auctions) that provide for engineering surveys PJSC Rostelecom studied SROs in the sphere of engineering surveys. As a result, Association Self- Regulatory Organization “The central association for engineering surveys CENTRIZYSKANIYA” (Association SRO “CENTRIZYSKANIYA”) received the highest score. Mandatory fees to become a member of the Association (VAT is not charged): № Fee Amount, RUB 1 Admission fee (one-time) 20,000 2 Annual membership fee (paid in quarterly installments) 54,000 3 Contribution to compensation fund for damages (one-time) 50,000 4 Contribution to compensation fund for contract obligations 150,000 security (one-time) 5 Annual Earmarked contribution (paid annually) 5,500 Total: 279,500

Draft resolution recommended by PJSC Rostelecom’s Board of Directors: PJSC Rostelecom to become a member of the Association Self-Regulatory Organization “The central association for engineering surveys CENTRIZYSKANIYA”.

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