ROSSETI Northern Caucasus Stock

Rosseti Severnyi Kavkaz PAO (Public Joint Stock Company Rosseti Northern Caucasus), formerly MRSK Severnogo Kavkaza PAO, is a Russia-based company, specializing in transmission and distribution of electricity through electrical networks. The Company’s activities include electricity transmission and distribution, technical connection to the grid, grid construction and maintenance, wholesale and retail power sales, management of grid companies, management of power supply activities, provision of additional non-tariff chargeable services. The Company is an interregional distribution grid company operating in the power sector of the Russian Federation. The Company buys and sells power and capacities in the wholesale power and capacity market and sells power and capacities in the retail market of the Republic of Dagestan, the Republic of North Ossetia-Alania and the Republic of Ingushetia.