RusHydro’s investment program for 2020-2027 and its objectives

RusHydro’s updated investment program for 2018 and investment program for 2019-2028 were approved by the Russian Ministry of Energy’s Order No. 6@ On Approval of RusHydro’s Investment Program for 2019-2028 and Amendments to RusHydro’s Investment Program Approved by the Russian Ministry of Energy’s Order No. 34@ of December 29, 2017 of October 22, 2018.

The Group’s updated consolidated investment program for 2018 was approved by RusHydro’s Board of Directors (Minutes No. 276 of October 4, 2018) as part of RusHydro Group’s Consolidated Business Plan for 2018. In addition, the updated Business Plan for 2018, as approved by the Board of Directors (Minutes No. 281 of December 27, 2018), included updates to RusHydro’s investment program for the same year.

The draft RusHydro Group’s consolidated investment program for 2020-2024 and for 2019 (revised) was reviewed by RusHydro’s Board of Directors (Minutes No. 285 of March 29, 2019).

There are no investments with the projected return exceeding 10% per year.