Notice of AGM

Notification of Annual General Meeting

May 31, 2018. Moscow, Russia - PJSC ROSSETI (LSE:RSTI) ("Company"), Russia's largest electricity transmission and distribution company, announces that Annual General Meeting (AGM) will be held on June 29, 2018 at 11:00 am (Moscow time) at 12 Krasnopresnenskaya Embankment, Moscow, Russia.

Registration of participants in the AGM will begin at 10:00 am (Moscow time) on June 29, 2018.

Date of the list of the persons entitled to participate in the AGM: June 4, 2018.

The agenda of the Annual General Meeting (AGM) of Shareholders of the Company:

1) Approval of the Annual Report of the Company for 2017.

2) Approval of the annual accounting (financial) statements of the Company for 2017.

3) Approval of the Company's profit distribution based on performance results in 2017.

4) Amount, period, and form of dividend payment based on performance results in 2017, and setting the record date.

5) Amount, period, and form of dividend payment based on performance results in 1 quarter 2018, and setting the record date.

6) Payment of remuneration for serving on the Board of Directors to members of the Board of Directors, other than those who hold public office, in the amount specified in the Company's internal documents.

7) Payment of remuneration for serving on the Internal Audit Commission to members of the Internal Audit Commission, other than those who hold public office, in the amount specified in the Company's internal documents.

8) Election of members of the Board of Directors of the Company.

9) Election of members of the Internal Audit Commission of the Company.

10) Approval of the Auditor of the Company.

11) Approval of a revised version of the Articles of Association of the Company.

12) Approval of a revised version of the Regulations for the Board of Directors of the Company.

13) Approval of a revised version of the Regulations for the Management Board of the Company.

14) Modification of the Regulations for Remuneration and Compensation for Members of the Board of Directors.

15) Approval of a revised version of the Remuneration and Compensation for Members of the Internal Audit Commission.

The Board of Directors of the Company recommended that dividends be paid in the amount of 0.04287 rubles per preference share of the Company and in the amount of 0.011965 rubles per ordinary share of the Company based on performance results in 1 quarter 2018.

The Board of Directors of the Company recommended that July 09, 2018 be set as the date of the list of the persons entitled to dividends for 1 quarter 2018.

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For further information please contact:

PJSC ROSSETI

Horizon

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Public Joint Stock Company ROSSETI (PJSC ROSSETI) is one of the largest electric grid companies in the world. The Company manages 2.34 million kilometers of power lines and 503,000 substations with more than 782 GVA of transformer capacity. The number of the ROSSETI Group's employees is 215,000.

ROSSETI comprises 36 subsidiaries and dependent companies, including 15 interregional grid companies and one transmission grid company. The controlling shareholder with an 88.04% stake in the Company is the government represented by the Federal Agency for State Property Management of the Russian Federation.