IDGC of Centre summed up the work on interaction with shareholders and investors in 2018. Over the past year, considerable efforts were made to improve the dividend policy and strengthen confidence in the Company.

As a result, in 2018 the Regulation on the Dividend Policy of IDGC of Centre was amended, providing for the possibility of paying dividends in the amount of at least 50% of net profit determined according to financial statements, including consolidated, compiled in accordance with International Financial Reporting Standards. In addition, in order to clarify for shareholders the procedure for calculating dividend payments, the document included a provision on the implementation by the Company in accordance with the current legislation of the obligation to withhold and transfer taxes to the budget system of the Russian Federation on dividends accrued to shareholders.

In the work with shareholders and investors, the main focus during the reporting period was on holding regular events related to publication of financial statements. Thus, in March 2018, the annual Analyst’s Day was held, at which financial and economic indicators received by the company in the previous year were actively discussed. The meeting’s participants had the opportunity to personally ask questions of interest to representatives of the management of IDGC of Centre. Also, according to the results of activities for 6 and 9 months of 2018, the company conducted audio webcasts with the participation of senior managers of the company’s economic unit and leading financial experts and analysts.

In November 2018, the Company held public hearings on the Sustainability Report for 2016-2017. This report was prepared for the first time and reflected the company’s approach to the problem of social responsibility for the impact of its decisions on society and the environment. The report contains key information about the stages of the company’s implementation of its social and environmental policy, as well as the results of communication with all stakeholders in these areas.

A perception study, annually held by representatives of the investment community, demonstrated a high level of information disclosure in the company and high-quality work with shareholders and investors. Most respondents consider the implemented dividend policy, the steady state of the company and the growth of operating performance and assets as the company’s strengths.

Interaction with shareholders and investors is an integral part of the company’s daily work aimed at increasing the degree of mutual trust and raising its investment case. IDGC of Centre does not stop at what has been achieved and seeks to further develop mutually beneficial, long-term cooperation with all stakeholders in accordance with the best standards of corporate governance, ensuring a high level of information transparency and corporate reporting.

For more information about IDGC of Centre’s interaction with investors and shareholders, please, visit the section "Investors and Shareholders" on the website: https://www.mrsk-1.ru/en/investors/.

The detailed IR-plan for 2019 can be found in the section "Investor’s Calendar" on the website and on the portal closir.com, at the same time allowing you to fill in a simplified request form for participation in planned events with the company’s management.