About the Report

Annual Report of Public Joint-Stock Company Inter RAO UES (hereinafter PJSC Inter RAO or the Company) for 2018 includes the performance results of PJSC Inter RAO and other companies that are part of the Inter RAO Group (the Group). For the purposes of this Annual Report, the Inter RAO Group refers to all the companies that comprise PJSC Inter RAO and its controlled entities (hereinafter subsidiaries). The largest subsidiaries of the Inter RAO Group and the participatory interest of PJSC Inter RAO in their capital are presented in the consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS) for 2018 and in the Group Structure appendix. The Report was prepared taking into account the recommendations of the Central Bank of the Russian Federation (the Bank of Russia), the Federal Agency for State Property Management, the Moscow Exchange, and GRI Standards methodology.