En+ Group Investment Presentation

Water Inflows as a Driver to Increase HPP Generation Overview The Group's Angara cascade HPPS (Irkutsk, Bratsk and Ust-Ilimsk HPPs) increased power generation to 25.5 TWh in 1H 2021 (up 14.3% y-o-y) and to 11.8 TWh in 2Q 2021 (up 12.4% y-o-y). This was due to increased water reserves in Lake Baikal and in the Bratsk reservoir. Water levels in Lake Baikal reached 456.60 metres as at 1 July 2021 vs. 456.49 metres at 1 July 2020. Water levels in the Bratsk reservoir reached 400.90 metres as at 1 July 2021 vs. 397.67 metres at 1 July 2020 The Group's Krasnoyarsk HPP's total power generation increased to 11.4 TWh in 1H 2021 (up 17.5% y-o-y). In 2Q 2021, power generation at the Krasnoyarsk HPP was 6.6 TWh (up 32.0% y-o-y). This increase was a result of a more intense, state regulated forced drawdown in the Krasnoyarsk reservoir due to high water inflows. The water inflow to Krasnoyarsk reservoir was 4,526 m³ per sec. (154% of normal level) in 2Q 2021, compared to 3,565 m³ per sec. (121% of normal level) in 2Q 2020. The water inflow in 1H 2021 was 2,393 m³ per sec. (150% of normal level), compared to 1,915 m³ per sec. (120% of normal level) in 1H 2020 Water level (m) Water inflows, Angara cascade¹ (m³ per sec.) Ent GROUP Jan Feb March Apr May June July Aug Sept Oct Nov Dec Average (1977-2020) 2017 2018 2019 2020 2021 Water inflows, Yenisey cascade / KHPP (m³ per sec.) Normal Minimum 30.06.2021 30.06.2020 Irkutsk HPP 457.00 455.54 456.58 456.48 Bratsk HPP 402.08 392.08 400.86 397.66 Ust-Ilimsk HPP 296.00 294.50 295.81 295.85 Jan Feb March Apr May June July Aug Sept Oct Nov Dec Krasnoyarsk HPP 243.00 225.00 240.94 240.58 Average (1977-2020) 2017 2018 - 2019 2020 2021 (1) Hydro production and water inflows data for Angara cascade include Irkutsk, Bratsk and Ust-Ilimsk HPPs. 45

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