MRSK Severo Zapada : Details of certain decisions taken by the Board of Directors of the Issuer

1. General Data

1.1. Issuer's full business name

Public Joint-Stock Company "Interregional Distribution

Grid Company of the North-West"

1.2. Issuer's abbreviated company name

IDGC of the North-West, PJSC

1.3. Issuer's location

Gatchina, Leningrad Region, Russia

Address of the Company: Russia, 188300, Leningrad Region, Gatchina, 31, Sobornaya str.

1.4. Issuer's PSRN

1047855175785

1.5. Issuer's TIN

7802312751

1.6. Issuer's unique code assigned by the registration body

03347-D

1.7. Internet page address used by the Issuer for information disclosure

www.mrsksevzap.ru, www.disclosure.ru/issuer/7802312751/

2. Content of notice

2.1. Quorum of the session of the Board of Directors of the Issuer and the results of decision-making voting:

Quorum of the session of the Board of Directors:

11 out of the 11 members of the Board of Directors participating in the session, the required quorum was present.

Results of voting on the issues:

Issue No. 1:

point No.1.1: FOR - 10, AGAINST - 0, ABSTAINED - 1.

point No.1.2: FOR - 11, AGAINST - 0, ABSTAINED - 0.

point No.1.3: FOR - 11, AGAINST - 0, ABSTAINED - 0.

point No.2.1: FOR - 8, AGAINST - 1, ABSTAINED - 2.

point No.2.2: FOR - 8, AGAINST - 1, ABSTAINED - 2.

point No.2.3:

subpoint No.1: FOR - 9, AGAINST - 0, ABSTAINED - 2.

subpoint No.2: FOR - 8, AGAINST - 0, ABSTAINED - 3.

subpoint No.3: FOR - 10, AGAINST - 0, ABSTAINED - 1.

subpoint No.4: FOR - 9, AGAINST - 0, ABSTAINED - 2.

subpoint No.5: FOR - 11, AGAINST - 0, ABSTAINED - 0.

subpoint No.6: FOR - 9, AGAINST - 0, ABSTAINED - 2.

subpoint No.7: FOR - 1, AGAINST - 7, ABSTAINED - 3.

subpoint No.8: FOR - 4, AGAINST - 7, ABSTAINED - 0.

point No.2.4: FOR - 9, AGAINST - 0, ABSTAINED - 2.

point No.3.1: FOR - 9, AGAINST - 1, ABSTAINED - 1.

point No.3.2: FOR - 10, AGAINST - 0, ABSTAINED - 1.

point No.3.3: FOR - 10, AGAINST - 0, ABSTAINED - 1.

point No.3.4: FOR - 9, AGAINST - 1, ABSTAINED - 1.

Issue No.2: FOR - 10, AGAINST - 0, ABSTAINED - 1.

Issue No.3: FOR - 11, AGAINST - 0, ABSTAINED - 0.

Issue No.4: FOR - 9, AGAINST - 1, ABSTAINED - 1.

Issue No.5: FOR - 10, AGAINST - 1, ABSTAINED - 0.

2.2. Contents of decisions made by the Board of Directors of the Issuer:

ISSUE NO. 1: On the Committees of the Board of Directors of the Company.

Decision:

1.1. Determine the number of members in the Committee for Strategy and Development under the Board of Directors of IDGC of the North-West, PJSC as equal to 10 (Ten) persons.

Decision taken.

1.2. Elect members of the Committee for Strategy and Development under the Board of Directors of IDGC of the North-West, PJSC as follows:

Decision taken.

1.3. Elect Vladimir Vladimirovich Sofyin Chairman of the Committee for Strategy and Development under the Board of Directors of the Company.

Decision taken.

2.1. Approve the revised Regulations on the Reliability Committee under the Board of Directors of IDGC of the North-West, PJSC in accordance with Appendix No. 1 to this decision of the Board of Directors of the Company.

2.1.1. Deem void and invalid:

- Regulations on the Reliability Committee under the Board of Directors of IDGC of the North-West, PJSC approved by the Board of Directors of the Company on 21.10.2015 (Minutes No. 191/6);

- point No. 1 of the decision of the Board of Directors of the Company on the issue No. 10 dd 19.07.2016 (Minutes No. 214/5).

Decision taken.

2.2. Determine the number of members in the Committee for Reliability under the Board of Directors as equal to 6 (Six) persons.

Decision taken.

2.3. Elect members to the Reliability Committee under the Board of Directors of IDGC of the North-West, PJSC as follows:

Decision taken.

Decision taken.

Decision taken.

Decision taken.

Decision taken.

Decision taken.

Decision untaken.

Decision untaken.

2.4. Elect Vasily Vladimirovich Rozhkov as the Chairman of the Reliability Committee under the Board of Directors of the Company.

Decision taken.

3.1. Approve the Regulations on the Committee for Technological Connection to Electric Power Grids
under the Board of Directors of IDGC of the North-West, PJSC in accordance with Appendix No. 2 to this decision of the Board of Directors of the Company.

Decision taken.

3.2. Approve the number of members of the Committee for Technological Connection to Electric Power Grids under the Board of Directors of IDGC of the North-West, PJSC as equal to 7 (Seven) persons.

Decision taken.

3.3. Approve members of the Committee for Technological Connection to Electric Power Grids under the Board of Directors of IDGC of the North-West, PJSC as follows:

Decision taken.

3.4. Elect Alexander Yuryevich Korneyev as the Chairman of the Committee for Technological Connection to Electric Power Grids under the Board of Directors of the Company.

Decision taken.

ISSUE No. 2: On approval of IDGC of the North-West, PJSC Action Plan to execute the Environmental Policy Implementation Program for 2017-2019.

Decision:

Postpone this issue consideration.

ISSUE No. 3: On approval of the report on the estimate of costs related to
preparation for and arrangement of the annual General Meeting of Shareholders of the Company following 2016.

Decision:

Take under advisement the report on expenses for arrangement and conduction of the Annual General Meeting of IDGC of the North-West PJSC in 2016 in accordance with Appendix No. 3 to this decision of the Board of Directors of the Company.

ISSUE No. 4: On consideration of the report of General Director on progress of execution of the Register (divestiture plan) of Non-Core Assets of the Company in Q2 2017.

Decision:

1. Take under advisement the Report of General Director of the Company on progress of implementation of the Register (plan of divestiture) of non-core assets of IDGC of the North-West (hereinafter - Company) in Q2 2017 in accordance with Appendix No. 4 to this decision of the Board of Directors of the Company.

2. Approve the revised Register (plan of divestiture) of non-core assets of the Company in new edition as of 30.06.2017 in accordance with Appendix No. 5 to this decision of the Board of Directors of the Company.

ISSUE No. 5: On determining the standpoint of the Company's representatives with regard to the issues on agendas of general meetings of shareholders and sessions of Boards of Directors of subsidiary companies of IDGC of the North-West, PJSC.

Decision:

Instruct the representatives of IDGC of the North-West, PJSC to vote FOR the following decisions to be taken at the session of the Board of Directors of Pskovenergosbyt, JSC:

- on the agenda issue "On approval of the Credit Plan of Pskovenergosbyt, JSC in Q3 2017":

Approve the Credit Plan of Pskovenergosbyt, JSC in Q3 2017 in accordance with Appendix No. 6 to this decision of the Board of Directors of the Company.

2.3. If the agenda of the session of the Board of Directors (Supervisory Board) contains issues related to exercise of rights with regard to certain securities of the Issuer, the identification attributes of such securities shall be indicated:

The agenda of the session of the Board of Directors conducted on 31.07.2017 does not contain the issues related to the exercise of rights with regard to securities of the issuer.

2.4. Date of the session of the Board of Directors of the Issuer whereat the relevant decisions were taken: 31.07.2017.

2.5. Date and number of the Minutes of the session of the Board of Directors of the Issuer whereat the relevant decisions were taken: Minutes No. 249/4 dated 03.08.2017.

3. Signature

3.1. Deputy General Director
for Corporate Governance of
IDGC of the North-West, PJSC

D.A. Orlov

(pursuant to the Power of Attorney

No. 119 dated 27.07.2015)

3.2. Date August 03, 2017

(signature)

L.S.