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Investor Presentaiton

Lower revenues and costs following the change in assets perimeter... Variable costs (RUB bn) -37% Operating revenues (RUB bn) 19.1 1.3 -37% 11.1 1.4 enel 7.0 ■ Purchased power 09 ■ Fuel 9.7 6.1 Q1 2020 Fixed costs (RUB bn) -36% 5.4 ■Heat and other 12.1 Q1 2019 ■ Capacity 4.0 ■ Electricity 12.4 7.0 Q1 2019 Q1 2020 2.7 0.3 ■ Overhead 1.8 1.1 ■ Personnel 0.2 0.8 ■ O&M not 0.7 manageable 0.5 0.6 ■ O&M manageable 10 0.3 Q1 2019 Q1 2020
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