The Board of Directors of Kubanenergo made the following decisions on February 24, 2015. On early termination of term of office and election of a member of the Personnel and Remuneration Committee under the Board of Directors of Kubanenergo and its Chairman. 1. To early terminate term of office Zholnerchik Svetlana Semyonovna, member of Personnel and Remuneration Committee under Board of Directors of "Kubanenergo.

2. To elect Mangarov Yuri Nikolaevich, head advisor of "Rosseti" JSC for the position of member of Personnel and Remuneration Committee under Board of Directors of "Kubanenergo. 3. To elect Mangarov Yuri Nikolaevich for the position of member of Personnel and Remuneration Committee under Board of Directors of Kubanenergo.