RusHydro’s accounts (financial statements) prepared in accordance with Russian and international standards are audited on an annual basis. The auditor responsible for the independent audit of RusHydro’s RAS and IFRS accounts (financial statements) for 2018 was selected through an open tender process.

RusHydro’s auditor was selected in a competitive process pursuant to Article 5 of Federal Law No. 307-FZ of December 30, 2008 On Auditing, Federal Law No. 44-FZ of April 5, 2013 On the Contract System in the Federal and Municipal Procurement of Goods, Works and Services, the Charter, and internal documents of RusHydro. Following the tender procedures, АО PricewaterhouseCoopers Audit (PwC Audit: 10, Butyrsky Val, 125047, Moscow) was declared the preferred bidder as was approved by resolution of RusHydro’s General Meeting of Shareholders of June 27, 2018.

PwC Audit is a member of self-regulating organization of auditors Russian Union of Auditors (Association). Number in the Register of Auditors: principal number of registration entry 11603050547.

No consulting services were rendered by PwC Audit to the Company.