On June 9, 2016, in Saratov, an annual general meeting of shareholders of IDGC of Volga, PJSC (a member of Rosseti Group) was held.

 The functions of the chairman at the meeting were performed by Konstantin Serebryakov, Deputy Chairman of the Company's Board of Directors, Head of the Department of Corporate Events of subsidiaries and affiliates of Rosseti, PJSC. The CEO of IDGC of Volga, PJSC Vladimir Ryabikin and the Deputy CEO for Safety of IDGC of Volga, PJSC Vladimir Ponomaryov took part in the work of the presidium.

In his speech Konstantin Serebryakov noted the following: "Last year, soundness of IDGC of Volga, PJSC, as a part of domestic economy infrastructure, was tested. Complex tasks relating to the need to ensure development of distribution electric grid complex and reliable power supply, and observance of social responsibility principles under conditions of cost reduction were set for Rosseti and the Company. The business structure and management quality of IDGC of Volga, PJSC made it possible to ensure sustainable development of the company in 2015."

The meeting summarized the results of the Company's work in 2015. The issues of the Company's annual report approval, annual accounting (financial) statements, distribution of profits and dividend payout, election of the Company's Board of Directors members, Internal Audit Commission members, the Company's auditor, as well as approval of the redrafted Regulations on the Company's Board of Directors, redrafted Regulations on Payment of Remunerations and Compensations to Members of the Board of Directors and making amendments and additions to the Regulations on the General Meeting of Shareholders of the Company and Regulations on the Board of Directors of the Company were put to vote.

The shareholders of IDGC of Volga, PJSC also reviewed the recommendations of the Board of Directors on dividend payment following the results of 2015 in a total amount of 230,764 thousand rubles. The Board held 27 meetings dealing with 226 issues during the course of the previous corporate year. The information about the decisions made at the annual General Meeting of Shareholders will be published in the Interfax news feed by 10 a.m., June 14, 2016 (Moscow time).