Issues referred to the competence of the General Meeting of Shareholders are determined in Article 10 of the Charter of Rosseti North-West, PJSC and may not be delegated for decision to the Board of Directors, the Management Board or General Director of the Company.

The annual General Meeting of Shareholders of the Company shall be arranged not earlier than two months and not later than six months after the end of the financial year.

The annual General Meeting of Shareholders shall obligatorily decide on issues related to election of the Board of Directors and the Auditing Commission of the Company, approval of Auditor of the Company, approval of the annual report, annual accounting statements and profit and loss statements (profit and loss accounts) of the Company presented by the Board of Directors of the Company as well as allocation of profit (including dividend payment (announcement) except for profit allocated as dividend following the results of the first quarter, the first half, first nine months of a financial year) and losses of the Company following the results of financial year; additionally, other issues referred to the competence of the General Meeting of Shareholders of the Company may be decided upon.

General Meetings of Shareholders arranged apart from the annual Meeting shall be deemed extraordinary.

The proceedings for convention and arrangement of annual and extraordinary General Meetings of Shareholders are determined by the Federal Law “On Joint-Stock Companies” and the Charter of Rosseti North-West, PJSC.