26.01.2017

1. General information
1.1. Issuer’s full business name
Public Joint Stock Company “Moscow United Electric Grid Company”
1.2. Issuer’s shortened business name
Moscow United Electric Grid Company PJSC;
PJSC "MOESK"
1.3. Issuer’s location
Moscow, Russian Federation
1.4. Issuer’s General State Registration Number
1057746555811
1.5. Issuer’s Tax ID
5036065113
1.6. Issuer’s unique code assigned by the registration authority
65116-D
1.7. URL of the webpage provided by one of the stock market information distributors in the information and telecommunication network Internet and URL in the Internet whose electronic address includes a domain name title whereto belongs to the issuer.
2. Notice content
2. Report Contents
2.1. Quorum of the meeting of the Emitter’s Board of Directors and the results of voting as to the decisions adopted:
The quorum for holding a meeting of PJSC «MOESK» Board of Directors is available.
Results of the voting are as follows:

On agenda Issue 1:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 2:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 3:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 4:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 5:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 6:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 7:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 8:
Decision was passed by the majority of votes of independent directors, who were not interested in making the deal (The following members of the Company Board of Directors did not participate in voting:
O.M. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item3, Clause 83 of the Federal Law «On Joint Stock Companies).

On agenda Issue 9:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 10:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 11:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 12:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 13:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies», likewise P.A. Livinsky, who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies was a person interested in making the deal).

On agenda Issue 14:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budarginн, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item3, Clause 83 of the Federal Law «On Joint Stock Companies» ).

On agenda Issue 15:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budarginн, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies», likewise P.A. Livinsky, who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies was a person interested in making the deal).

On agenda Issue 16:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 17:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies», likewise P.A Livinsky, who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies was a person interested in making the deal).

On agenda Issue 18:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies»).

On agenda Issue 19:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 20:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 21:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies»).

On agenda Issue 22:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies»), likewise V.M Kravchenko and A.A. Dyomin, who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies» are persons interested in making the deal).

On agenda Issue 23:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 24:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies»), likewise А.V. Nuzhdov, Е.I. Logovinsky, А.А. Gavrilenko, who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies», are persons interested in making the deal).

On agenda Issue 25:
Decision was passed by the majority of votes of those participating in the meeting.

On agenda Issue 26:
Decision was passed by the majority ovf votes of those participating in the meeting.

On agenda Issue 27:
Decision was passed by the majority of votes of independent directors not interested in making the deal (The following members of the Company Board of Directors did not participate in voting О.М. Budargin, О.Yu. Isayev and P.A. Sinyutin, considered to be dependent directors in accordance with Item 3, Clause 83 of the Federal Law «On Joint Stock Companies»), likewise P.A. Livinsky, V.M. Kravchenko who, in accordance with Item 1, Clause 83 of the Federal Law «On Joint Stock Companies» are persons interested in making the deal).
2.2. Contents of Decisions Passed by Emitter’s Board of Directors:
On Issue 1:
In pursuance of the directives of the Government of the Russian Federation, dated March 29, 2016 No. 2073п-П13 there shall be introduced and put into effect on January 1st, 2016 changes in the Procedure of Calculation and Estimation of the key-performance indicators of PJSC «MOESK» General Director, as approved in Company Board of Directors Decision No.287, April 30, 2016 in accordance with Annex No.1 to this Decision of the Company Board of Directors.

On Issue 2:
Approve the PJSC «MOESK» Insurance Coverage Program for 2017, as stated in Annex No.2 to this Decision of the Company Board of Directors.

On Issue 3:
Exclude consideration.

On Issue 4:
1. Elect Mr A.N. Svirin as the Corporate Secretary of PJSC «Moscow United Power Grid Company»;
2. Request PJSC «Moscow United Power Grid Company» General Director Sinyutin P.A. to conclude a labor contract with Svirin A.N.

On Issue 5:
1. Confirm in office Mrs. Markova Albina Vladimirovna as the Head of the PJSC «MOESK» Internal Audit Department, with a 3-month probation period indicated and the salary of the Head of the PJSC «MOESK» specified as mentioned in Annex No.3 to this Decision of the Company Board of Directors.
2. Request the Company General Director to assign Markova Albina Vladimirovna to the post of the Head of PJSC «MOESK» Internal Audit Department, with a 3-month probation period from the date of her appointment indicated.

On Issue 6:
In keeping with the PJSC Moscow Exchange and on the basis of Clause 109-110 of the Corporate Management Code of the Bank of Russia, taking into account the well-grounded motivation in accordance with Annex No.4 to this Decision of the Board of Directors, despite the availability of the formal connections criteria of the Board of Directors’ Members with the essential PJSC «MOESK» stockholder and the State, as this kind of connections, considering the professional experience, special knowledge and business reputation testifying to their ability to independently think out an attitude of their own, do not influence the ability to express objective, independent and conscientious judgments, the following persons shall be considered independent members of the Board of Directors of the Moscow United Power Grid Company»:
Logovinsky Evgeniy Ilyich,
Nikitin SergeyAleksandrovich.

On Issue 7:
1. State the number of members on the Audit Committee of the Board of Directors of PJSC «Moscow United Power Grid Company» - 3 (three) persons.
2.Terminate pre-term the powers of the following members of the Audit Committee of the Board of Directors of the PJSC «Moscow United Power Grid Company»:
Gritsenko Sergey Valentinovich, Dyomin Andrey Aleksandrovich, Nuzhdov Alexey,Victorovich, Lebedev Sergey Yurievich.

On Issue 8:
1. Specify the price of the non-residential premises lease agreement between the PJSC «Moscow United Power Grid Company» and OJSC «MKSM» in the amount of 89. 750.00 rbls (Eighty nine thousand seven hundred and fifty roubles 00 copecks) per month, with the VAT of (18%) - 13 690.68 roubles included (Thirteen thousand six hundred and ninety roubles 68 copecks).
The price of the lease agreement shall not amount to the two and over per cent from the balance cost of the Company assets according to the accountability data as of the last reporting date.
2. Approve the non-residential premises lease agreement concluded between the PJSC «Moscow United Power grid Company» and OJSC «MKSM» (hereinafter referred to as the Agreement) as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to the Agreement.
Lessee - PJSC «Moscow United Power Grid Company».
Lessor - OJSC «Moskabelsetmonyazh».
Subject of Agreement.
1. The Lessor shall provide, while the Lessee shall accept for temporary use and possession the non-residential premises, (hereinafter referred to as the Premises) located at the address:
Moscow, Uyzhnoportovaya St. block. 17, structure. 18,, the boundaries of which are shaded in Annex No. 1 to the Agreement, so as to be used as storage facilities.
2. The total floor space of the premises to be let on lease amounts to 226 (Two hundred and twenty six) 00 sq.m. (Annex No.1 to the Agreement).
3. The premises are owned by the Lessor (Certificate of the State Registration of the Right of Ownership, dated July 12, 2011, series 77 АН №303922).
4. The Lessor guarantees that as of the moment of signing the Agreement the Premises mentioned in Item. 1.1., are free of any third persons’ right, are not put in pledge and are not under distraint.
Agreement Price.
1. The amount of monthly rent charged for the whole of the leasable Premises as mentioned in
Item 1
1. of the Agreement is 89 750 (Eighty nine thousand, seven hundred and fifty roubles 00 copeck, with the VAT of 18% included.
2. The rent includes the payments for public utilities and maintenance services by the Lessee for the billing month, with the heating and electrical power charges included.
Lease Period under Agreement.
Under the Agreement the lease period shall be effective from«May 1st, 2016 till «March 31st », 2017 including.
Term of Agreement.
1. The Agreement shall come into force from the moment of its signing by both Parties and shall remain effective till the Parties meet their obligation under it in full. The Parties have agreed to extend the validity of this Agreement to the actual Parties’ relations that came into existence after May 1st, 2016.
2. On expiry of the term of this Agreement the Parties will have the right to prolong by mutual consent the validity of the Agreement by the same period of time under similar conditions. The Parties consent shall be regarded as achieved, provided neither Party notifies in writing the other one not less than one month before the term of Agreement validity expires, of its willingness not to prolong Agreement validity for the subsequent term.
3. Make a note on consideration of the Issue by the Company Board of Directors later.

On Issue 9:
1. Take into consideration the Company General Director’ s Report on Insurance Coverage in the 3 rd quarter of 2016 as stated in Annex No.5 to this Decision of the Company Board of Directors.
2. Make a note on consideration of the Issue by the Company Board of Directors later.
3. Request the General Director of the PJSC «Moscow United Power Grid Company» to heighten control over fulfillment of the requirements set forth in the Provisions for Company Insurance Coverage.

On Issue 10:
Take into consideration the report on the cause of a higher than the plan indicator the relative quantity of electrical power waste in the PJSC «Moscow United Power Grid Company» for the first half-year of 2016 as specified in Annex No.6 to this Decision of the Board of Directors.

On Issue 11:
1. Take into consideration the report on the cause of departures that occurred when carrying out the approved investment program of the PJSC «Moscow United Power Grid Company» in accordance with Annex No.7 to this Decision of the Company Board of Directors.
2. Request the One-man executive agency of the Company to take steps so as to prevent (minimize) the departures from the approved investment program in the course of its implementation.

On Issue 12:
Approve the adjusted list of investment projects, which provides for construction, re-construction and technical re-equipment of capital construction projects under the estimated cost of 1.5 billion roubles and over each (with VAT) at all stages of projects implementation:
preparation and design, implementation (phased one including), and commissioning as specified in Annex No.8 to this Decision of the Company Board of Directors.

On Issue 13:
1. Determine the price limit of the agreement on the procedure for compensation of losses by providing newly-created facilities as decided by the PJSC «Moscow United Power Grid Company» and JSC «OEK» in the amount of 746 730.00 rbls. (Seven hundred and forty-six thousand, seven hundred and thirty roubles 00 copecks), which is the cost of the property transferred as a compensation for liquidation of objects. As a matter of fact, the costs incurred under the Agreement are confirmed by the bilateral acts of transfer-and-acceptance of the objects of non-financial assets.
2. Approve the agreement on the procedure for compensation of losses by providing newly-created facilities as decided by the PJSC «Moscow United Power Grid Company» and JSC «OEK» (hereinafter referred to as the Agreement) and viewed as a deal wherein a proprietary interest exists on the following essential conditions:
Parties to the Agreement:
Customer -PJSC «Moscow United Power Grid Company»;
JSC «OEK» - Joint stock company «United Energy Company».
Subject of Agreement:
1. This Agreement regulates the procedure for compensation of JSC «OEK» losses arising in consequence of its property liquidation in the course of the Customer’s activity.
The Customer shall be obliged to liquidate (destroy) the property at his expense and to compensate for the JSC «OEK» losses in compliance with the Agreement terms and conditions.
The list of property items subject to liquidation is specified in Annex No.1, which is part and parcel of this Agreement.
2. The Customer has the right to go into JSC «OEK» property liquidation after the Parties’ signing of the Agreement within the procedural limits of time required for performance of operations as agreed with the JSC «OEK» in writing.
On completion of operations the Customer and JSC «OEK» will draw up the respective statement on liquidation of JSC «OEK» property in form as specified in Annex No. 2, which is part and parcel of the Agreement.
3. The Customer shall ensure the receipt of all items required for use of the property transferred as a compensation for losses and shall take steps to transfer the JSC «OEK» property as ready-for-service according to its intended purpose.
Agreement Price:
The Customer shall be obliged to compensate for the JSC «OEK» liquidation-involved losses by way of property transfer, as stated in Annex No. 3, which is part and parcel of the Agreement.
The estimated cost of the property transferred as a compensation for an object or objects is stated in Annex No. 3 to the Agreement and may be defined more accurately according to the actual expenses incurred and confirmed on the basis of bilateral statements of the transfer-and-acceptance of objects of non-financial assets.
Term of Agreement:
The Agreement shall be in force from the date of its conclusion and shall remain valid till the Parties carry out in full the obligations they have assumed.

On Issue 14:
1. Specify the price of equipment lease agreement concluded between the PJSC «Moscow United Power Grid Company» and OJSC «Energotsentr» in the amount of 18 152.94 руб. (Eighteen thousand one hundred and fifty two roubles, 94 copecks) per month, with the VAT of 2 769.09 roubles included. (Two thousand seven hundred and sixty nine roubles, 09 copecks. The Agreement price cannot amount to the two and over per cent from the balance cost of the Company assets according to the accounting data as of the last reporting date.
2. Approve the equipment lease agreement concluded between the PJSC «Moscow United Power Grid Company» and the OJSC «Energotsetr» (hereinafter referred to as the Agreement) as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement.
Lessor – PJSC «Moscow United Power Grid Company».
Leaseholder –OJSC «Energotsentr».
Subject of Agreement.
1. The Lessor shall be obliged to put at the disposal of the Leaseholder equipment for temporary use. The Leaseholder shall be obliged to pay for the leased equipment within the period of time as provided for by the Agreement.
2. The equipment mentioned in Annex No. 1 to the Agreement (hereinafter referred to as the Equipment), for services in lease-holding of a virtually-provided server, which includes the software placing in the information-computer medium Data-Processing Center (DPC), providing a guaranteed power-supply, virtual infrastructure redundancy at the software-and-hardware level, communication channels redundancy and physical security so as to ensure trouble-free performance of the information system with the following requirements taken into account.
3. The Lessor shall guarantee that as of the moment of Agreement conclusion the Equipment mentioned in Item 1.1., is free of any third persons rights, not put in pledge and is not under distraint.
Agreement Price.
The size of the monthly rental payment for the whole of the property leased, as stated in Agreement Item 1.1. amounts to 15 383.85 (Fifteen thousand three hundred and eighty three roubles, 85 copecks), with the VAT of 18% - 2 769.09 rbls included (Two thousand seven hundred and sixty nine roubles, 09 copecs) all in all with VAT - 18 152.94 (Eighteen thousand one hundred and fifty two roubles, 94 copecks.).
Term of Lease Under the Agreement.
Under the Agreement the term of lease shall be as follows:
beginning:
from the date of Agreement conclusion.
end:
12 months after the date of agreement conclusion.
Term of Agreement.
1.The Agreement shall become effective from the moment of its signing by both Parties and shall remain valid till the Parties carry out their obligations in full.
2. On expiry of the term of Agreement the Parties will have the right to prolong by mutual consent the Agreement term by the same period of time under similar conditions. The Parties’ consent is regarded as achieved, in case neither Party notifies in writing the other one not less than one month before the expiry of the Agreement term that it does not intend to prolong the Agreement term for the subsequent period of time.

On Issue 15:
1. Specify the price of agreement on the offer of services in preparation and release of the Specifications for the relocation of electric power networks as concluded between the PJSC «Moscow United Power Grid Company» and JSC «MOSGAS» in the amount of 56 000.00 roubles (Fifty six thousand roubles, 00 copecksк), with the VAT of 18% - 8 542.37 roubles included (Eight thousand five hundred and forty two roubles, 37 copecks).
2. Approve the agreement on the offer of services in the preparation and release of the Specifications for the relocation of electric power networks as concluded between the PJSC «Moscow United Power Grid Company» and the JSC «MOSGAS» (hereinafter referred to as the Agreement) as a deal, wherein a proprietary interest exists under the following essential conditions:
Parties to the Agreement.
Executor – PJSC «Moscow United Power Grid Company».
Customer – JSC «MOSGAS».
Subject of Agreement.
The Executor shall be obliged to render to the Customer in compliance with the submitted statement (request) У-И-16-00-804487/МС, dated June 6th, 2016 the services in preparation and release of the Specifications for the relocation of the electric power networks located at the address:
Moscow , SEAD (ЮВАО), Gasgoldernaya St, block 2, structure.4, while the Customer shall be obliged to pay for the services rendered by the Executor.
Agreement Price.
The cost of the service mentioned in Item 1.1. of the Agreement amounts to 56. 000 fifty six thousand roubles), 00 copecks, with the VAT of 18% - 8 542 included (eight thousand five hundred and forty two) roubles, 37 copecks, as under the Extra Services Price-List, approved by PJSC «MOESK» Order No.794, dated June 30,2016.
Date of Services Rendering Under the Agreement.
The Executor shall be obliged for the duration of 5 (five) working days after the Customer’s fulfillment of the obligation to pay off the cost of the service mentioned in Item 3.1 of the Agreement, to render to the Customer the service as provided for in Agreement Item 1.1.
Term of Agreement.
The Agreement shall become effective from the moment of its signing by the Parties involved.

On Issue 16:
1. Approve the Procurement Plan of the PJSC «Moscow United Power Grid Company» of 2017 in accordance with Annex No. 9 to this Decision of the Company Board of Directors.
2. Allow the procurement procedures to be conducted within the framework of the Company Investment Program approved earlier.
3.Request the PJSC «MOESK» General Director:
- for the duration of 30 days after approval of the adjusted Company investment Program in compliance with the currently effective RF legislation to submit the adjusted Procurement Plan of 2017 for consideration by the Company Board of Directors.
- to declare the procurement procedures in respect of execution of the adjusted Company investment program after its approval in accordance with the legislation in force.
4. The PJSC «MOESK» General Director shall exercise his personal supervision over the fulfillment of Items 2, 3 of this Decision.

On Issue 17:
1. Specify the
Price of the Agreement
for rendering services as regards the use of structural elements of the buildings of transformer sub-stations as concluded between the PJSC «Moscow United Power Grid Company» and the JSC «OEK» in the amount of 2 406 492.00 руб. (Two million four hundred and six thousand four hundred and ninety two roubles 00 copecks) per month, with the VAT of 18% - 367 092.00 rbls included. (Three hundred and sixty seven thousand ninety two roubles, 00 copecks) per month.
2. Approve the agreement for rendering services as regards the use of structural elements of the buildings of transformer sub-stations as concluded between the PJSC «Moscow United Power Grid Company» and the JSC «OEK» (hereinafter referred to as the Agreement) as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement.
Executor – PJSC «Moscow United Power Grid Company».
Customer – JSC «OEK».
Subject of Agreement.
The executor shall render to the Customer services as regards the use of structural elements of the buildings of transformer sub-stations (shall grant the right to equipment placement), which are Executor-owned, so as to provide the conditions required for placement of the Customer’s equipment, while the Customer shall be obliged to pay for these services in the order and time limits stated in Annex No.1 and at the addresses mentioned in Annex No.1 to the Agreement .
Agreement Price.
The Agreement price is determined by calculation of the price-list cost of services approved by the PJSC «MOESK» Instruction. The per-month cost of price-list services for one PJSC «MOESK» TSS (transformer sub-station) building will amount to 2 596 (Two thousand five hundred and ninety six) roubles, 00 copecks ,with the VAT of 18% - 396 roubles 00 copecks included (Three hundrd and ninety six roubles, 00 copecks).
The monthly cost of the service rendered amounts to 2 406 492 (Two million four hundred and six thousand four hundred and ninety two roubles, 00 copecks), with the VAT of 18% - 367 092 included (Three hundred and sixty seven ninety two roubles, 00 copecks).
Dates of Services Rendering under the Agreement.
Under the Agreement the dates will be specified as follows:
beginning:
«January 1st, 2015.
end:
«December 31st , 2017.
Term of Agreement.
The Agreement shall become effective from the date of its signing and shall be extended to the Parties’ legal regulations that practically came into existence on January 1st , 2015 and would remain in effect till December 31st , 2017, including.
3. Take a note to submit the issue for consideration by the Company Board of Directors later.

On Issue 18:
1.Specify the
Price of the Agreement
for rendering a package of communication services, as concluded between the PJSC «Moscow United Power Grid Company» and the JSC «VOLS-VL Department» in the amount of 443 556 932 (Four hundred and forty three million five hundred and fifty six thousand nine hundred and thirty two) roubles, 24 copecks, with the VAT (18%) of 67 661 226 included (Sixty seven million six hundred and sixty one thousand two hundred and twenty six) roubles, 95copecks.
2. Approve the Agreement for rendering a package of communication services, as concluded between the PJSC «Moscow United Power Grid Company» and the JSC «VOLS-VL Department» (hereinafter referred to as the Agreement), as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement.
Client - PJSC «Moscow United Power Grid Company».
Operator – JSC «VOLS-VL Department».
Subject of Agreement.
1. The Operator shall be obliged to render Services to the Client, while the Client shall be obliged to receive and pay for the rendered services in accordance with the Agreement terms and conditions. The services list and components, likewise the additional Parties’ rights and obligations shall be specified in Supplementary Agreements (Addendum) and Order Forms for rendering the services according to the Supplementary Agreements mentioned.
2. The inter-parties Agreement on Services rendering shall be regarded as achieved from the moment of the Parties’ signing the agreement for rendering a specific service mentioned in the Addendum to the Agreement. In case the Supplementary Agreement provides for signing an Order Form thereto, the agreement between the Parties on rendering a specific service shall be regarded as achieved from the moment of the Parties’ signing the Order Form to such a Supplementary Agreement.
Agreement Price.
The marginal cost of the Agreement will amount to 443 556 932 (Four hundred and forty three million five hundred and fifty six thousand nine hundred and thirty two ) roubles 24 copecks, with the VAT (18%) of 67 661 226 included (Sixty seven million six hundred and sixty one thousand two hundred and twenty six) roubles, 95copecks.
Term of Rendering Services Under the Agreement.
1. The term of rendering Services will be stated in Supplementary agreements (Addenda) and/or in Order Forms for rendering services under the Agreement .
2. The Term of Services rendering, stated in the Supplementary agreement (respective Order Form for Services rendering), will be automatically extended for each subsequent year within the limits of the Agreement Term till the Client or Operator notifies the other Party in writing 30 (thirty) calendar days before the expected date of termination of Services rendering that no Services will be rendered in the subsequent annual period.
Term of Agreement.
The Agreement shall become effective from the day of signing it by both Parties and shall remain effective for the duration of three years from the moment it came into force.

On Issue 19:
1. Approve the report on the result of fulfillment of the Business Plan (with the investment Program and info on key operational risks included) of the PJSC «Moscow United Power Grid Company» for 9 months of 2016 as specified in Annexes Nos. 10-14 to this decision of the Company Board of Directors.
2. Make a note on:
2.1. Company’s failure to attain for 9 months of 2016 the scheduled index of the relative value of electrical power waste (planned – 7.27% as to output to network, actual – 7.46% as to output to network);
2.2. Increase of the debts receivable volume as to power transmission according to the result of 9 months of 2016 respective of the one approved in the Company Business Plan by 2 971 million roubles (planned - 1 417 million roubles, actual - 4 388 million roubles);
2.3. According to the results of 9 months of 2016 the non-fulfillment of the Company Investment Program approved by RF Ministry of Energy Order No. 735, dated Oct. 16, 2014 , as to introduction in the fixed assets by 11% (planned 14 990 million roubles, actual- 13 309 million roubles);
2.4. According to the results of 9 months of 2016 the non-fulfillment of the Company Investment Program, approved by RF Ministry of Energy Order No. 735, dated Oct. 16, 2014, as to introduction of transformer capacity by 57% (planned 1 258 MVA, actual - 536 MVA);
2.5. Non-fulfillment of the plan of transformer capacity introduction as to the following largest top-priority projects:
- Kraskovo SS (sub-station);
- Redesign of SS-110 kV «Cherkizovo»;
- Redesign of SS -299 Koptevo;
- Redesign of SS «Marieno».
2.6. According to the results of the 3 rd quarter of 2016 the unscheduled realizationала of 16 titles, except for technological connection,, in the volume of financing - 76 million roubles (with VAT included).
2.7. According to the results of 9 months of 2016 the overfulfillment of the planned figures of Investment program financing by more than 15% as to 23 titles in the volume of 1 972 million roubles (with VAT included);
2.8. According to the results of 9 months of 2016 the non-fulfillment of the planned figures of Investment Program financing by more than 15% as to 152 titles in the volume of 8 541 million roubles (with VAT included).
3. Pay attention to the significant, as well as to the risks realized for the duration of 9 months of 2016 as specified in Annex No. 15 to this decision of the Company Board of Directors and take the respective measures to avoid their realization, when summarizing the results of 2016. Care to inform the authorized Committee under the Company Board of Directors about the measures taken to this effect.
4. Request the Company General Director to:
4.1. submit to the regular meeting of the Company Board of Directors a report on the cause of excess of the planned figures of the relative value of electrical power waste in the PJSC «Moscow United Power Grid Company» for 9 months of 2016, stating the details as to voltage levels in the format of Annex No.16 to this decision of the Company Board of Directors.
Deadline:
Feb 1st, 2017;
4.2. submit to the meeting of the Company Board of Directors the arguments as regards the departures mentioned in Items 2.3. -2.8 of this Decision.
Deadline date:
Feb. 1st, .2017;
4.3. take the respective measures to compensate for the time lags that arose when putting into effect the scaled-up network diagrams of the priority investment projects;
4.4. submit for consideration by the meeting of the Company Board of Directors the information on the measures taken within the framework of execution of Item.4.3. of this decision as a component of the report on fulfillment of the Company Investment Program in 2016 ;
4.5. take steps to ensure unconditional observance of the provisions set forth in organizational documents and orders, regulating the procedure for commissioning of completed projects.

On Issue 20:
1. Take into consideration the report on observance of the procedure for acceptance and commissioning of the projects completed under the Company Investment Program according to the results of 2015, measures taken to up-date the documents on the procedure of commissioning the completed projects as specified in Annex No. 17 to this decision of the Company Board of Directors.
2. Ensure the subsequent unconditional observance of the provisions of organizational documents and orders regulating the procedure for commissioning of completed projects.
3. Put into effect the subsequent measures on unconditional observance of the Road Map providing the respective tolerance limits and conclusions required in the course of commissioning of completed projects (Annex No. 18 to this decision) and submit a report on its fulfillment to the Company Board of Directors prior to Dec. 31st , 2016.

On Issue 21:
1. Specify, that the price of agreement on debt restructuring under agreement 21.01.2014 No.17810-409/407/30-217, dated Jan.21st , 2014 concluded between the PJSC «Moscow United Power Grid Company» and the PJSC «Kubanenergo» as a deal, wherein a proprietary interest exists, cannot amount to the two and over per cent of the balance cost of assets of the PJSC «Moscow United Power Grid Company» according to its financial statements as of the last reporting date and will consist of the principal debt sum in the amount of 42 238 925 (forty two million two hundred and thirty eight thousand nine hundred and twenty five) roubles, 94 copecks, with the VAT of 18% - 6 443 225 included (six million four hundred and forty three thousand two hundred and twenty five) roubles, 99 copecks, existent as of June 30th, 2016 (bilateral settlement report as of June 30th, 2016), as well as of the interest for use of the monetary resources at the rate of 8.25% per annum (refinancing rate of the RF Central Bank), calculated in the sum of the restructured debt for the period of Feb. 27, 2015 – June 30th, 2016 Annex No.1 to the Agreement on debt restructuring).
2. Approve the settlement of debt restructuring as under agreement No. 7810-409/407/30-217, dated Jan. 21st, 2014, concluded between the PJSC «Moscow United Power Grid Company » and the PJSC «Kubanenergo» (hereinafter referred to as the Agreement), as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement:
PJSC «Kubanenergo» (Debtor).
PJSC «MOESK» (Creditor).
Subject of Agreement:
Decide as regards the procedure for the Debtor’s redemption of debt to the Creditor under agreement No. 17810-409/407/30-217, dated Jan. 21st, 2014 in the amount of 42 238 925 (forty two million two hundred and thirty eight thousand nine hundred and twenty five) roubles, 94 copecks, with the VAT of 18% - 6 443 225 included (six million four hundred and forty three thousand two handred and twenty five) roubles, 99 copecks, existent as of June 30th, 2016 (Bilateral Settlement Report as of June 30th,2016), as well as the interest for use of the monetary resources.
Debt Redemption Procedure:
Under the Agreement the Debtor shall be obliged to pay off the debt in the amount of 42 238 925 (forty two million two hundred and thirty eight thousand nine hundred and twenty five) roubles, 94 copecks, with the VAT of 18% - 6 443 225 included (six million four hundred and forty three thousand two hundred and twenty five) roubles, 99 copecks, as well as, the interest for the use of monetary resources in the following order :
- The Debtor shall assume the obligation to pay off the whole sum of the principal debt mentioned in Agreement Item. 2.1 for the duration of 5 working days after transfer of the money from stocks additional issue to the current account of the PJSC «Kubanenergo» (official source of information on stock additional Issue http://www.cbr.ru/finmarkets/?PrtId=issue_inf_msg);
- interest for the use of monetary resources at the rate of 8.25% per annum (refinancing rate of the RF Central Bank), calculated in the sum of restructured debt for the period of Feb.27, 2015- June 30, 2016 (Annex No. to the Agreement).
The accrual of interest will be effected monthly from Feb.27, 2015 to June 30, 2016, as of the last calendar day of the month. The interest for the use of monetary resources shall be subject to accrual and payment by the Debtor to the Creditor for the duration of 5 working days after money receipt from stocks additional issue to the current account of the PJSC «Kubanenetgo» (official source of information on stocks additional issue- http://www.cbr.ru/finmarkets/?PrtId=issue_inf_msg).
Term of Agreement:
The Agreement shall become effective from the date of its signing by the Parties involved and shall remain valid till the Debtor meets his obligations under the Agreement in full, however not before the mentioned question is considered and approved by the Boards of Directors of both Companies.

On Issue 22:
1. Specify the cost of PJSC «Rosseti» services under the Agreement for rendering services in providing the treasury function, as concluded between the PJSC «Rosseti» and the PJSC «Moscow United Power Grid Company (hereinafter referred to as the Agreement), for the duration of one accounting period will amount to 5 423 978 (Five million four hundred and twenty three thousand nine hundred and seventy eight) roubles, 91copecks, plus VAT (18%) in the amount of 976 316 (Nine hundred and seventy six thousand three hundred and sixteen) roubles, 20 copecks.
2. Approve the agreement concluded by the PJSC «Moscow United Power Grid Company» and the PJSC «Rosseti», as a deal wherein a proprietary interest exists on the following essential conditionsх:
Parties to Agreement:
PJSC «Rosseti» - «Executor»;
PJSC «Moscow United Power Grid Company» - «Customer».
Subject of Agreement:
The Executor shall be obliged to render to the Customer services as regards the organization of treasury function and/or the authorization and/or effecting the largest of payments required by the Customer to carry on his current activities in the amount of no less than 50% from the sum of all payments for the accounting period. (hereinafter referred to as the Services), while the Customer shall be obliged to accept the Services and pay for them in accordance with the terms and conditions of the Agreement. The sum of all payments does not include the intra-group payments, payment of credits, loans, payments of interest, taxes, charges, duties and other payments to the budget of the Russian Federation, fines, surcharges, forfeit penalties, judicial and other settlements under court orders, settling with personnel and other-than-mentioned payments, as agreed with the Executor.
Agreement Price:
The cost of services of the PJSC «Rosseti» under the agreement on rendering services in organization of treasury function, as concluded between the PAO «Rosseti» and the PJSC «Moscow United Power Grid Company» (hereinafter referred to as the Agreement), for one accounting period will amount to 5 423 978 (Five million four hundred and twenty three thousand nine hundred and seventy eight ) roubles, 91 copecks, plus the VAT of (18%) in the amount of 976 316 (nine hundred and seventy six thousand three hundred and sixteen) roubles, 20 copecks, on the basis of the cost of Services in respect of the organization of fiscal function.
One quarter will be viewed as an accounting period of Services rendering.
Services rendering period:
Under the Agreement the Services rendering period is from Jan. 1st, 2016 to Dec.31st, 2016.
Term of Agreement:
The Agreement shall become effective from the moment of its signing by the Parties involved and shall remain valid till Dec. 31st , 2016, and as to the settlements – till both Parties carry out in full the obligations they assumed. The Agreement effectiveness shall be extended to the Parties legal relations that came into existence on Jan. 1st, 2016.
3. The General Director of the PJSC «Moscow United Power Grid Company» shall ensure conclusion of the agreement for rendering of services in regard of organization of the fiscal function between the PJSC «Rosseti» and the PJSC «Moscow United Power Grid Company».

On Issue 23:
1. Modify the Provisions on the non-state retirement insurance of the personnel of PJSC «Moscow United Power Grid Company», that were approved as decided by the Company Board of Directors on Feb.25, 2013 (Minutes No. 192, dated Feb. 28, 2013), taking into account the revisions approved by decision of the Board of Directors on June 2nd, 2016 (Minutes No. 290, dated June 3rd, 2016), in accordance with Annex No. 21 to this decision of the Company Board of Directors.
2. Specify, that the «Support» program put into effect via the OJSC « Non-State Pension Fund GASFOND pension accruals», shall extend to the Company personnel, who have been entitled to become or have become «Support» program participants from Jan. 1st, 2016.

On Issue 24:
1. Specify, that the PJSC «Moscow United Power Grid Company shall transfer to the Fund the pension contributions in the amount large enough for the obligations to be met in accordance with the actuarial calculations. The specific amount of contributions subject to transfer to the Fund and distribution of contributions to parties IPS shall be determined, as stated in the Order Letters. The Agreement price cannot amount to the two and over per cent of the balance cost of Company assets according to the accounting data as of the last reporting date.
2.Approve the agreement on the non-state retirement insurance ( pension agreement) concluded between the PJSC «Moscow United Power Grid Company» and the OJSC «NSPF GASFOND pension accruals» (hereinafter referred to as the Agreement), as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement.
Depositor - PJSC «Moscow United Power Grid Company».
Fund - OJSC «NSPF GASFOND pension accruals».
Subject of Agreement.
1. The Agreement will regulate the Depositor-Fund relations that come about in connection with the non-state retirement insurance of the Depositor’s employees (hereinafter referred to as parties to Agreement).
A Party to this Agreement shall be considered a physical person who under this Agreement is entitled to non-state pensions.
2. The Depositor shall be obliged to make pension contributions to the Fund, while the Fund shall be obliged to pay non-state pensions to the Parties to this agreement, when there come about the respective pension and other additional reasons, as provided for by the Pension Regulations of the Open Joint Sock Company «Non-State Pension Fund GASFOND Pension Accruals» (hereinafter referred to as the Regulations) and the agreement to pay non-state pensions to the parties).
3. The non-state retirement insurance shall be effected by the Fund in compliance with the Regulations effective as of the date of Agreement conclusion and which are part and parcel of the Agreement (Annex No.1 to Agreement).
Pension Contributions Procedure and Conditions.
1 Pension contributions shall be paid by the Depositor in terms of Russian Federation currency via bank transfer to the current account of the Fund.
2. The depositor shall transfer pension contributions in the amount large enough for the obligations to be met in accordance with actuarial calculations. The specific amount of contributions subject to transfer to the Fund and distribution of contributions to the parties IPS shall be specified on the basis of Depositor’s Order Letters.
Dates of Agreement Validity and Termination.
1. The Agreement shall come into force on the date of the first pension contribution transfer to the current account of the Fund and shall remain valid without its term limitation till it is implemented in full or cancelled before its term ends.
2. Agreement provisions may be modified or supplemented as agreed by the Parties involved in accordance with the Regulations and Agreement. The Depositor and the Fund may modify or supplement the Agreement without consent thereto of the parties to agreement, who expressed their willingness to avail themselves of their right under the Agreement.
3. The Agreement modifications and addenda are either made out as a supplementary agreement on making changes in the pension agreement or by signing its newly-worded variant and signed thereafter by the
Parties to the Agreement
so as to become effective upon signature, unless otherwise provided for in the supplementary agreement. The supplementary agreement is part and parcel of the Agreement.
4. The Agreement shall be terminated in the following cases:
- full and proper execution of the Fund obligations under the Agreement;
- Agreement cancellation;
- Fund or Depositor liquidation;
- in other-than-mentioned cases, as provided for under the RF legislation and the Agreement.
5. The Agreement shall be cancelled on the ground of:
- Parties’ consent;
- in case of repurchasing sum transfer to some other Fund, as provided for in Section 7 of the Agreement;
- in the event of a circumstance of insuperable force that hampers fulfillment of the Agreement;
- under the court decision;
- on the initiative of the Fund in case of payment of the repurchasing sum to the last of the parties or payment of the non-state pension in full to the last of the parties under the Agreement ;
-on the initiative of the Depositor in the event of revision of the Depositor’s Pension rules effective on the date of Agreement conclusion.
6. Depositor’s discontinuation of payment of pension contributions shall not be the reason for cancellation of the pension agreement but shall only entail changes in the Fund obligations.

On Issue 25:
Approve the Program of Stock Exchange Bonds – documentary interest-bearing inconvertible payable-on demand bonds in obligatory centralized safe-keeping, with the total par value of all issues of stock exchange bonds, placed within the framework of the program of exchange bonds, series 001P, up to 80. 000. 000. 000 (Eighty billion) Russian roubles including, with the term of maturity on the date that comes not later than 10 920 (Ten thousand nine hundred and twentieth) day from the date of beginning of placement of stock exchange bonds within the framework of the рrоgram of stock exchange bonds placed by public subscription.

On Issue 26:
Approve the Securities Prospectus – stock exchange bonds, documentary, interest-bearing inconvertible, payable on demand in obligatory centralized safe-keeping, with the total par value of all issues of stock exchange bonds, placed within the framework of the program of exchange bonds, series 001P, up to 80. 000. 000. 000 (Eighty billion) Russian roubles including, with the term of maturity on the date that comes not later than 10 920 (Ten thousand nine hundred and twentieth) day from the date of beginning of placement of the issue of stock exchange bonds within the framework of the program of stock exchange bonds placed by public subscription.

On Issue 27:
1. Specify the price of agreement on the transfer of property without compensation for charitable use, as concluded between the PJSC «Moscow United Power Grid Company» and the FGBOU VO NIU «MEI» in the amount of 1. 000 000 roubles (one million roubles) 00 copecks.
2. Approve the agreement on the transfer of property without compensation for charitable use as concluded between the PJSC «Moscow United Power Grid Company» and the FG BOU VO NIU «MEI» (hereinafter referred to as the Agreement), as a deal, wherein a proprietary interest exists on the following essential conditions:
Parties to Agreement.
Benefactor – PJSC «Moscow United Power Grid Company»,
Benefitor – FG BOU VO NIU «MEI».
Subject of Agreement.
1. Under the Agreement the Benefactor shall transfer to the Benefitor without compensation the monetary resources in the amount of 1. 000 000 roubles (one million roubles) 00 copecks (hereinafter referred to as the Charitable donation). No VAT shall be imposed on the sum of the Charitable donation, as stated in Item12 point.3 clause149, RF Tax Code.
2. The charitable donation will be purpose-oriented and effected on condition of the use of Charitable donation by the Benefitor for elaboration of a package of educational documents in Electrical Power and Electrical Engineering for the purpose of instruction by correspondence.
3. Whenever the use of the Charitable donation according to the specified purpose becomes impossible in consequence of the changes in circumstances, the said donation may be used for other-than-mentioned purposes, as agreed with the Benefactor.
Term of Agreement.
The Agreement shall come into force from the moment of transfer of the Charitable donation and shall remain valid till the Parties involved carry out in full the obligations they have assumed.
2.3. The date of the meeting of the Emitter’s Board of Directors, where the respective decisions were taken:
December 30, 2016.
2.4. Date of making up the minutes, No. of the minutes of the meeting of the Emitter’s Board of Directors where the respective decisions were taken:
December 31st, 2016, Minutes No.306.
3. Signature
3.1. Corporate Secretary, acting
in accordance with Power of Attorney
№2-2883 dated 08 Jule, 2016
______________ A.N. Svirin
(signature)
3.2. Date «26» January 2017 year

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