Financial Overview H1 2020

Change in technology mix together with drop in electricity prices jointly affect margins Average unitary selling price (RUB/MWh)1 +5% -6% without RGRES in H1 2019 enel Average unitary margin (RUB/MWh) 1,163 1,226 H1 2019 H1 2020 Average unitary cost of sales (RUB/MWh)² 959 H1 2019 +20% 204 -61% -53% without RGRES in H1 2019 +2% without RGRES in H1 2019 79 H1 2019 H1 2020 1,147 H1 2020 1. Including regulated power sales, day ahead market and balancing market sales 2. Including fuel cost and energy purchases 10 10

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