Investor Presentaiton

General Meeting of Shareholders Corporate governance Key Corporate Governance Developments In 2021, the Company focused on continuing to improve the system of corporate governance for its better performance, being guided by the best Russian and international practices. The reporting year saw the following corporate developments of utmost importance: • The composition of the Company's Board of Directors was renewed by more than 50%. • The Sustainability Committee was established under the Board of Directors. • An e-voting system for the Board members was rolled out. • The Board of Directors held an extended off-site meeting in Murmansk in September 2021, so that all Board members could visit the Company's production sites and learn how everything works there. The Board of Directors unanimously re-elected Ilya Sosnov as the Company's CEO for another three-year period. The revised internal documents (Regulation on the Board of Directors, Regulation on the Committees of the Board of Directors, Regulation on Payment of Remunerations and Compensations to Members of the Board of Directors, etc.) were approved. Quarterly reports of both the Company and the Group were advanced to the IFRS. •The Company's share buyback programme was updated: the amount went up to RUB 900 million. • For the first time ever, the Company paid dividends on a regular (quarterly) basis. • The fish processing plant in Murmansk and smolt production company Setran AS (Norway) were put under corporate control and integrated in the Group to the fullest extent. Plans for 2022 PJSC Russian Aquaculture is keeping a close eye on global corporate governance trends and follows them. Our dedicated practice is aimed at observing legal rights and interests of shareholders, along with creating and presenting a positive image for Company investors. The following measures are scheduled for 2022 with a view to improving the corporate governance practice: • . introduction of an e-voting system for shareholders to express their opinion at general meetings regardless of the location and amount of shares; approval of the Company's revised Charter; aligning of the internal documents with applicable laws and recommendations of the Corporate Governance Code; • adoption of a number of internal documents devoted to legal relations with shareholders; ⚫ development of a new version of the Company's website. The General Meeting of Shareholders is the highest governing body at PJSC Russian Aquaculture, accountable for critical issues that cannot be delegated. It considers and decides on such fundamental issues as: • amendment of the Charter or approval of its new version; increase of the share capital by means of higher nominal value of shares; • election of members to the Board of Directors; • election of members to the Auditing Commission; approval of the Company's auditor; • review and approval of annual reports and accounting (financial) statements; profit distribution (including the payment (declaration) of dividends on shares); reorganisation/liquidation of the Company; and other matters as per the Charter. PJSC Russian Aquaculture makes sure that its shareholders are treated equally and fairly as they exercise their legal rights. During the reporting year, no shareholder rights were violated. All shareholders have equal rights that enable them to participate in the management of the Company and in the General Meeting of Shareholders, where they can vote without any hindrance and in the most straightforward and easiest way. According to the Russian laws and the Charter, Company shareholders may suggest agenda items of the General Meeting. Proxy solicitation materials are available at the office of PJSC Russian Aquaculture sole executive body, on the Company's website, or on the website of the agency proxy to disclose information on the Russian stock exchang - Interfax LLC - Corporate Information Disclosure Centre. 2021, quarterly reports of both the Company and the Group were advanced to the IFRS 32 PJSC Russian Aquaculture | Annual Report 2021 In 2021, the Company expects to launch the system of e-voting at the General Meetings of Shareholders www.russaquaculture.ru/en/ 33

View entire presentation