Equity market and the Company’s capitalisation

Shares of Rosseti Kuban PJSC until 13 December 2024 are traded on Tier 3 of the List of Securities Admitted to Trading on the Moscow Exchange; ticker: KUBE, ISIN code: RU0009046767.

The decision to delist the Company’s shares was made by Moscow Exchange PJSC in connection with the Company’s initiative based on the relevant resolution adopted on 14 June 2024 by the Annual General Meeting of Shareholders of Rosseti Kuban PJSC.

The Company’s market capitalisation at the end of 2023 amounted to RUB 107.88 billion, and as of 12 December 2024 (the last day of trading of the Company’s shares on the Moscow Exchange) — RUB 56.73 billion.

The maximum capitalisation (based on the closing price) in 2024 was approximately RUB 191.6 billion, and the minimum capitalisation was RUB 48.8 billion. In the reporting year, the share price rose by 50% (closing price calculation) on the back of a 6.97% decrease in the MICEX Index and a 14.91% decrease in the MICEX Power Index.

Closing price (end of 2023)	Minimum price (RUB)	Maximum price (RUB)	Closing price 10.12.2024 (RUB)	Relative gain for the period (%)
270.4	120.4	524.8	141.8	–47.6

Indicator	2022	2023	2024	2024/2023 (relative gain, %)
Weighted average price at the end of the period (RUB)	56.3	270.4	143.4	–46.97
Market capitalisation as of the last day of trading (RUB billion)	20.38	107.88	56.73	–47.41
Trading volume (million shares)	2.51	15.45	4.43	–71.33
Amount of financing (RUB million)	156.16	4,138.97	1,473.83	–64.39

The trading volume of the Company’s stock on the Moscow Exchange in 2024 amounted to RUB 1,473.83 million / 4.43 million shares. Thus, in 2024, trading activity was low, with the volume of trade (in monetary terms) falling by 64.39% compared to the same period in 2023. The reduced trading activity is a result of the decision by the Company’s top management to delist the shares.

The Company’s shares were not included in the calculation of stock market indices during the reporting year.