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Investor Presentaiton

E Environmental Focus: Power Segment • Renewable power In 2018, 77% of the Group's installed electricity generation capacity was represented by renewables • In 2019, En+ Group decided to build a small-scale HPP in Karelia (Russia) with installed capacity 8.1 MW • En+ Group also participates in different solar energy initiatives • En+ Group is Highest Ranked Russian Renewable Energy Company in 2019 Green Utilities Global Report by Energy Intelligence Energy Intelligence Electric power output by energy source, 2018, % Gas <1% Oil products, Coal 2% 15% Biomass and Solar 0 Hydropower 82% (1) Smelters' direct emissions (scope 1) and indirect energy emissions (scope 2) En+ at a Glance . • Ent GROUP New Energy modernisation program An ongoing program, focused on modernising the power plants at Angara and Yenisei cascades, to improve efficiency, reliability and safety as well as reduce potential GHG emissions by augmented HPP generation Programme to be completed by 2046. Expected capital outlay: • 2007-2026: USD 326 mn (RUB 21 bn) • 2027-2046: USD 528 mn (RUB 34 bn) . Modernised HPP turbines offer increased efficiency and better cavitation • From 2022 the Group's HPPs are expected to increase their clean electricity generation by 2 TWh, from the same volume of water -PACHOMP 16 9M 2019 Results ESG Outlook
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