The Company’s Board of Directors 28 April 2016 reviewed the items related to the organization and holding of the Annual General Meeting of Shareholders (the AGM): approved the agenda for the AGM, determined information to be provided to persons entitled to participate in the AGM, and elected the AGM Secretary. The Annual Report was tentatively approved and the annual accounting statements for 2015 were reviewed for further approval at the AGM.

The Board of Directors recommended to the General Meeting of Shareholders to approve the following distribution of profit of IDGC of Centre, PJSC on the results of the 2015 fiscal year: 453 033 thous. RUB, or 49,8 %, of retained earnings of the reporting period to spend on development, 455 954 thous. RUB, or 50,2 %, of retained earnings of the reporting period to pay dividends on the Company’s ordinary shares, amounting to 0,0108 RUB per 1 share. Dividend payout term to a nominal holder and being a professional participant of the securities market trustee is recommended not more than 10 working days, and other persons registered in the registry of shareholders - 25 working days from the date on which the persons entitled to receive dividends are recorded. The record date is «27» June 2016. In addition, the Board of Directors proposed to the General Meeting of Shareholders for approval the draft of the Regulation on the Board of Directors of the Company as amended.

Additionally, the adjusted Program of increasing operational efficiency and reducing costs of IDGC of Centre, PJSC for 2016-2020 was approved taking into account the achievement of the target to reduce specific operating costs by at least 3% annually.

Previously, the Board of Directors of IDGC of Centre decided to hold the AGM of IDGC of Centre, PJSC 8 June 2016 in the hotel conference centre "Holiday Inn Vinogradovo" in Moscow (Dmitrovskoye shosse, 171), the time of the registration start - 9-00.

The AGM materials are available on the website: https://www.mrsk-1.ru/investors/management/controls/stockholders/material/gosa2016/