Appendix NO. 2

Information on Related‑Party Transactions Concluded by Rosseti Kuban PJSC in 2024

Sr. No. Transaction Date of transaction Parties and material terms of the transaction (subject, price, period of validity) Person(s) who is/are related to the transaction Related‑party transaction notice (letter details) Authority that made the decision on the authorisation of the transaction or its succeeding approval (if available – Minutes details)
1. 2. 3. 4. 5. 6. 7.
1 Power grid property lease agreement No. 407/30‑2335 dated 28.11.2024 Due to the fact that the transaction price exceeds two percent of assets according to the consolidated financial statements of Rosseti Kuban PJSC as of the last reporting date (the end date of the last completed reporting period preceding the transaction date) — 30 September 2024, information on the transaction shall be disclosed to the extent provided for in clause 59.3., Chapter VIII of Bank of Russia Regulation No. 714-P dated 27 March 2020 ‘On Disclosure of Information by Issuers of Equity Securities’ as amended by Bank of Russia Regulation No. 6283-U dated 30 September 2022 ‘On Amendments to Bank of Russia Regulation No. 714-P dated 27 March 2020 ‘On Disclosure of Information by Issuers of Equity Securities’. 28.11.2024

Parties to the Agreement:

  • Rosseti Kuban PJSC – Lessee
  • Rosseti Kuban PJSC – Lessor

Subject of the Agreement:

The Lessor shall transfer, and the Lessee shall accept for temporary possession and use, for a fee, the movable and immovable property comprising the power grid facilities specified in the appendices to the Agreement, owned by the Lessor, for the purpose of the Lessee providing services for the transmission (distribution) of electrical energy (capacity) to end users.

The Lessee during the term of the Agreement has the right to buy out the facilities or part of the facilities by giving written notice to the Lessor.

The Parties have separately agreed that no later than the end of the second quarter of 2025 they will conclude a preliminary agreement of sale and purchase of the property for the purpose of disposal of the property to the Lessee.

Price of the Agreement:

The rent for the entire lease period is RUB 1,259,367,783.70, including 20% VAT.

As of 1 December 2023, the initial cost of the leased facilities is RUB 13,713,339,277.00.

Validity period of the Agreement:

The Agreement shall enter into force upon its signing. The lease term is set from 1 January 2025 to 31 December 2025

Rosseti PJSC is the controlling party of the Company and and Rosseti is Capital LLC also a party to the transaction; Rosseti’s interest in the authorised capital (ownership interest) of Rosseti Kuban PJSC is 99.72 % as of the date of the transaction dated 26.11.2024 2024 No. RK/1200/255‑rs Board of Directors, Minutes dated 27.11.2024 No. 577/2024
2 Lease agreement for power grid property dated 04.12.2024 No. 5‑15/01‑24/407/ 30‑2435Due to the fact that the transaction price exceeds two percent of assets according to the consolidated financial statements of Rosseti Kuban PJSC as of the last reporting date (the end date of the last completed reporting period preceding the transaction date) — 30 September 2024, information on the transaction shall be disclosed to the extent provided for in clause 59.3., Chapter VIII of Bank of Russia Regulation No. 714-P dated 27 March 2020 ‘On Disclosure of Information by Issuers of Equity Securities’ as amended by Bank of Russia Regulation No. 6283-U dated 30 September 2022 ‘On Amendments to Bank of Russia Regulation No. 714-P dated 27 March 2020 ‘On Disclosure of Information by Issuers of Equity Securities’. 04.12.2024

Subject of the Agreement:

  • Rosseti Kuban PJSC – Lessor,
  • Rosseti PJSC – Lessee

Subject of the Agreement:

The Lessor shall transfer, and the Lessee shall accept for temporary possession and use, for a fee, the power grid property that is part of the Port 220 kV substation with the Taman‑Port 220 kV OHL, 1 circuit, and Tamani‑Port 220 kV OHL, 2 circuit, owned by the Lessor, for the purpose of the Lessee providing services for the transmission (distribution) of electrical energy (capacity) to end users.

Price of the Agreement:

The total rent for the lease period (from 01.01.2024 to 31.12.2025) is RUB 610,964,676.0, including 20% VAT.

The residual value of the leased property as of 31.10.2024 is RUB 4,197,414,286.32.

Validity period of the Agreement:

The Agreement shall enter into force upon its signing. The terms and conditions of the Agreement shall apply to the Parties’ relations arising from 1 January 2024.

The lease term is set from 1 January 2024 to 31 December 2025 inclusive.

  1. Rosseti PJSC is the controlling party of the Company and is also a party to the transaction; Rosseti’s interest in the authorised capital (ownership interest) of Rosseti Kuban is 99.72 % as of the date of the transaction,
  2. Daniil Krainskiy is the Chairman of the Board of Directors of the Company, simultaneously being a member of the Management Board of Rosseti PJSC; Mr. Krainskiy holds 0.00 % in the authorised capital (ownership interest) of Rosseti PJSC as of the date of the transaction, and 0.00 % in the authorised capital (ownership interest) of Rosseti Kuban PJSC as of the date of the transaction,
  3. Alexey Molsky is a member of the Board of Directors of Rosseti Kuban PJSC, simultaneously being a member of the Management Board of Rosseti PJSC; Mr. Molsky holds 0.00 % in the authorised capital (ownership interest) of Rosseti PJSC as of the date of the transaction, 0.00 % in the authorised capital (ownership interest) of Rosseti Kuban PJSC as of the date of the transaction,
  4. Vladimir Kharitonov is a member of the Board of Directors of Rosseti Kuban PJSC, simultaneously being a member of the Management Board of Rosseti PJSC; Mr. Kharitonov holds 0.00 % in the authorised capital (ownership interest) of Rosseti, PJSC as of the date of the transaction, and 0.00 % in the authorised capital (ownership interest) of Rosseti Kuban PJSC as of the date of the transaction
dated 01.11.2024 No. RK/1200/238‑rs Board of Directors, Minutes dated 05.11.2024 No. 575/2024