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Investor Presentaiton

En+ GROUP STRATEGIC REPORT En+ Group Annual Report 2021 Lake Baikal En+ Group, the largest company operating in the Baikal region, operates hydropower plants on the Angara River flowing out of Lake Baikal, thus providing a supply of renewable power En+ Group regulates the water regime of the Angarsk cascade in accordance with the instructions of Rosvodresursy, the Russian federal water resources agency LAKE BAIKAL WATER LEVEL MANAGEMENT The Institute of Water Problems of the Russian Academy of Sciences, with the financial support of En+ Group, completed studies to define operation schedules for controlling the water regimes of the Angara- Yenisei cascade reservoirs and Lake Baikal in the spring of 2021. One of the most important deliverables of the work was the "Green" version of the operation schedule for managing the water regime of the Irkutsk Reservoir and Lake Baikal. The "Green" option is based on the following idea: in order to minimise the impact of anthropogenic management of the level of Lake Baikal, it is necessary to arrange management in such a way that the lake level trend replicates its natural behaviour as accurately as possible. The natural (restored) levels of Lake Baikal for specific inflow conditions are determined by simulation modelling. New rules for managing the lake level were developed based on this approach. At the same time, the needs of water users are still met and the energy parameters of the HPP cascade are generally maintained. ENVIRONMENTAL PROJECTS GRANT COMPETITION The second grant competition aimed at protecting Lake Baikal and aquatic ecosystems from adverse environmental impacts was held in 2021. The competition considered projects for the conservation of Lake Baikal and its natural territories, as well as other water bodies. ELECTRIC VEHICLE CHARGING STATIONS IN IRKUTSK En+ Group pursues development of EV charging infrastructure in the Irkutsk Region, Siberia, to contribute to improvement of the environment in the cities where the Group operates. Eight 50-100 kW EV charging stations were installed and launched in the Irkutsk Region in 2020-2021, providing both slow and fast charging (80% of battery capacity in 20 min). Another 18-20 100 kW charging stations are to be installed throughout 2022-2023 in large cities in the Irkutsk Region (Bratsk, Usolye-Sibirskoye, Tulun, and Taishet), along the Federal Motor Road connecting the cities, and along the road to Olkhon island. More than 700 different consumers have already used the stations, with 10,000 charging sessions overall. En+ Group's new charging stations are integrated within a single system enabling current and future users to take advantage of a special mobile application to activate a charging session by simply choosing a station and plugging their vehicle in. 84 participating cities: Irkutsk, Baikalsk, Ust-Ilimsk, Angarsk, Divnogorsk, Miass and Nizhny Novgorod STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS APPENDICES ENVIRONMENTAL MONITORING LAKE BAIKAL OF En+ Group recognises its share of responsibility for the environmental well-being of the lake and takes efforts to support and preserve its biodiversity. In 2021, the third annual expedition for environmental monitoring of Lake Baikal was carried out to obtain unbiased data on the condition of the lake's ecosystems. Researchers from seven leading Russian scientific research institutions took part in the expedition, i.e. Lomonosov Moscow State University, Moscow; Severtsov Institute of Ecology and Evolution of the Russian Academy of Sciences, Moscow; Siberian Federal University, Krasnoyarsk; Irkutsk State University, Irkutsk; Moscow Institute of Physics and Technology, Moscow; Institute of Limnology of the Russian Academy of Sciences, Saint-Petersburg; and Trofimuk Institute of Petroleum Geology and Geophysics, Siberian Branch of Russian Academy of Sciences, Novosibirsk. Research into underground flows of biogenic substances and assessment of stress levels in the Baikal sponge and gammarus populations were added to the basic monitoring programme in 2021. Hydrochemical analyses of the water samples confirmed that the main pollutants entered Lake Baikal through the Selenga River. New data were obtained confirming inflows of biogenic substances into Lake Baikal carried by groundwater from populated areas that do not have waste water treatment facilities. 4 nominations: "Science and practice", "Pooling resources", "Local initiative", and "Transferring experience" 22 projects received Company support. The size of the grant fund in 2021 amounted to RUB 10 mn BAIKAL DIALOGUE The Baikal Dialogue project, supported by WWF Russia, is aimed at updating the status of the environmental and social challenges of the Baikal Natural Territory (BNT) and finding solutions. "Assessment of environmental and social challenges of the BNT" was performed in 2021 by nine experts gathered under the aegis of EcoCentre "Zapovedniki", with participation of specialists from the Lake Baikal Foundation. The Project's seven main themes are: • International aspects of protection and sustainability of the BNT • Integration of strategic environmental assessment approaches within the assessment of environmental and social challenges of the BNT • Assessment of cumulative environmental and social impact on the BNT • Industrial and domestic pollution in the BNT ⚫ Solidifying the network of the Natural Areas under Preferential Protection and preserving the biodiversity of Lake Baikal • Development of a dialogue between the authorities, businesses and civil society around Lake Baikal • Analysis of corporate practices used by various companies in the BNT to preserve the unique ecosystem and support local residents Interim results of the project were widely discussed at various venues throughout the year, including the Shapkhaev Hearings in Irkutsk. A kick-off and bottom-line sessions were held on the basis of the Public Chamber of the Russian Federation by videoconferencing with the Public Chambers of the Irkutsk Region and the Republic of Buryatia. 85
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