2014 Annual report

General Director

The competence of General Director covers all matters relating to the current activities of the Company. According to the Company’s Articles of Association, General Director has wide powers in such key spheres as property management, transactions making on behalf of the Company, issue of orders, approval of guidelines, and internal documents in all important areas of the Company’s activity.

General Director

In the period from July 01, 2012 to April 24, 2014, JSC IDGC of the North-West was headed by Sergei G. Titov.

On April 25, 2014, Alexander V. Letyagin was appointed the Acting General Director of the Company; on July 29, 2014, assumed a position of General Director of JSC IDGC of the North-West.

Alexander V. Letyagin

General Director, Management Board

Born in 1976.

In 1998, he graduated from Ivanovo State Energy University, majoring in Power Plants.

Received a supplemenraty education diploma in Moscow Power Engineering Institute under the management training program for organization of national economy of the Russian Federation in the field of Management.

From 2006 to 2012 he worked as a Chief Engineer, Technical Director, Deputy General Director for technical issues — Chief Engineer of the brahch of of JSC IDGC of the Centre, Orelenergo.

From 2012 to 2014, Adviser to the General Director, Director of the branch of JSC Lenenergo, Vyborg Electric Grids.

Has been an interim First Deputy General Director at JSC IDGC of the North-West since 2014.

Holding a position of an interim General Director at JSC IDGC of the North-West since April 2014.

On July, 29, 2014 was elected as General Director of JSC IDGC of the North-West.

Area of responsibility coordination and monitoring of tariff making process, implementation of tariff policy and forecasting tariff levels in the regions, control over the process of business planning, budgeting; control and coordination of activities for setting and preparing financial statements, observance of economic and legal interests of the Company in the capital management and property relations.

Currently, he is not a member of management bodies of any organizations.

He did not hold any shares in JSC IDGC of the North-West nor did he perform any transactions with securities of the Company in 2014.