JSC Atomenergoprom Annual Report

JSC ATOMENERGOPROM TODAY JSC ATOMENERGOPROM / ANNUAL REPORT / 10 GRI 2-22 MESSAGE FROM THE MANAGEMENT Dear colleagues and partners, In the reporting year, JSC Atomenergoprom's business, along with the rest of the world, was faced with multiple challenges. Nevertheless, we successfully responded to these challenges and accomplished all our tasks. Amid global turbulence, the Company demon- strated strong operational and financial perfor- mance. Its revenue under IFRS increased by 26.9% compared to 2021 and reached RUB 1,396.5 bil- lion (2021: RUB 1,100.6 billion). In 2022, the Company remained a leader in low-carbon power generation in Russia: nucle- ar power generation reached a new all-time high once again, with the Company's nuclear power plants producing 223.4 billion kWh of electricity (+0.4% year on year). The share of nuclear power in the total electricity output in Russia remains at 19.9%. Nuclear power generation in Russia helps to prevent greenhouse gas emissions into the at- mosphere exceeding 100 million tonnes of CO₂ equivalent per year. In the reporting year, the Company successfully accomplished all its operational objectives. Prog- ress was made on construction projects both in Russia and abroad. The construction of the first lithium-ion battery 'gigafactory' was started in the Kaliningrad Region. The construction of a new building of the Dmitry Rogachev National Medical Research Centre of the Russian Ministry of Health was completed. A registration certificate was ob- tained for the Onyx radiation therapy facility based on a linear electron accelerator, which had been developed by JSC Atomenergoprom's enter- prises. The Mechanical Engineering Division com- pleted the first operability tests of a unique LNG pump. A contract was concluded with a Brazilian state-owned corporation for the supply of urani- um products for Angra NPP to meet 100% of its needs for the next five years. The Company is expanding the scope of its busi- ness to achieve its strategic objective of increas- ing the share of new businesses in revenue. For instance, in the reporting year, the scope of JSC Atomenergoprom was expanded to include JSC Quadra Power Generation, which supplies heat and electricity to regions of the Central Fed- eral District. - New products offered by the Company provide new opportunities for developing healthcare and municipal infrastructure, improving environmental safety and making progress in other key areas rel- evant to sustainable development. At the end of the reporting year, the Company operated seven wind power plants in Russia with a total capacity of 780 MW. Plans for 2023 include commissioning two more wind power plants with a total capacity of 255 MW and acquiring projects outside the Russian Federation. The target for the total installed capacity of overseas wind farms to be owned by the Company by 2030 has been set at 5 GW. JSC Atomenergoprom continues to apply green finance instruments: 2022 saw the second place- ment of green bonds worth RUB 9 billion on the Moscow Exchange. Compliance of the bond issue with the Green Bond Principles of the Internation- al Capital Market Association (ICMA) and with the green finance criteria established in the Russian Federation was verified by the Expert RA rating agency. Overall, by year-end 2022, the Company had raised 19 external green loans totalling more than RUB 200 billion, including ESG loans and green bonds. Safety is a top priority for JSC Atomenergoprom. In the reporting year, as in previous years, all nu- clear facilities operated safely and reliably, with no safety-relevant events recorded by the Company. In 2023, we plan to continue to carry out contracts for new NPP construction in Russia and abroad, supply key equipment and increase revenues from new products. The key objective is to fulfil all com- mitments taken on by the Company under existing contracts both in Russia and abroad. We are confident that the Company will accom- plish all its objectives. We would like to thank our partners for fruitful cooperation and to give our thanks to employees of JSC Atomenergoprom's organisations for their efficient work. We have great potential enabling us to adequately respond to major macroeconomic challenges and drive the Company's long-term growth. Ekaterina Lyakhova Chair of the Board of Directors Kirill Komarov Director of JSC Atomenergoprom of JSC Atomenergoprom JSC ATOMENERGOPROM TODAY JSC ATOMENERGOPROM / ANNUAL REPORT / 11

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