Tatneft' : TATNEFT and PSC “Elektronika” Have Signed a Cooperation Agreement

PJSC TATNEFT and OOO Elektronika Production and Service Center have signed a Cooperation Agreement in the area of building integrated security systems at the facilities of TATNEFT based on products and developments of OOO PSC Elektronika.

The document has been signed by Nail Maganov, General Director of the Company, and Nikolai Ovchenkov, Chairman of the Board of Directors of PSC 'Electronika', at the Headquarters of TATNEFT in Almetyevsk. The event has attended by Galina Penyagina, Director of the Investments and Industry Department of the Yaroslavl Region, and Igor Elfimov, General Director of OOO PSC 'Electronika'.

Addressing the participants of the event, Nail Maganov pointed out that TATNEFT has been maintaining a long-term and fruitful cooperation with the PSC 'Electronika', while the signing of the Agreement will provide for establishing even more effective mutually beneficial partnership relations.

The signed document has outlines possible areas for the development of joint projects related to the construction of integrated security systems based on products and developments of the PSC 'Electronika' at TATNEFT's facilities. The parties plan to develop cooperation in the area of improving the economic efficiency of security management at the Company's production facilities, building intelligent video surveillance and video analysis systems, creating a multi-levelsituational security management center, improving the quality of the industrial television system at TANECO, etc.

The signed document is also aimed at strengthening regional and specific oriented cooperation between enterprises of the Yaroslavl region and TATNEFT.

Reference Information

The OOO PSC ELECTRONIKA company is a Russian integrator of complex (integrated) security systems for facilities with high protection requirements. The company's operating experience has been lasting since 1993. It is located in the city of Yaroslavl. It provides a full range of services for the development, design, installation and maintenance of security management systems in the following areas: transport checkpoint at the enterprise; industrial video surveillance system; a single dispatch center for bank security management; checkpoints of the bank; transport safety management point; accounting system for the movement of vehicles at control points; pedestrian checkpoint at the enterprise; integrated perimeter protection system; security stations electronic system of applications for passes; single dispatch center for enterprise security management; single pass office; integration of access control systems of various manufacturers.

PJSC TATNEFT is one of the largest Russian oil companies which is steadily involved in crude oil and gas production, oil refining, petrochemicals and refined gas products manufacturing; the Company operates a tyre manufacturing complex, a filling station network and a block of service structures. TATNEFT also participates in the financial sector capital of companies (banking and insurance).

Aiming at further increasing the competitiveness, maintaining the leadership positions in the industry and ensuring sustainable growth, the TATNEFT Group Strategy until 2030 has been developed, aimed at increasing the shareholder value of the Company.

The experience and competencies of the Company's professionals allow for the cost-effective development of oil fields using innovative technologies and the implementation of IT solutions.

One of the most important projects of the Company is the construction of the TANECO Refinery and Petrochemical Complex in Nizhnekamsk. Today, the NP and NKhZ complex produces about 20 types of highly competitive products.

The Company's network of petrol complexes is actively developing accounting for the operation of 711 filling stations operating.

The TATNEFT Group's KAMA TYRES produces about 400 tyre product items. The high quality of tyres under the brands KAMA, Viatti, as well as the innovative SSC KAMA and KAMA PRO tyres is confirmed both by consumer reviews and victories at various prestigious competitions.

Achievements in production, environmental, social activities, a high level of corporate management, openness and transparency of the Company are highly appreciated by shareholders, business partners and the investment community as a whole.

Forward-looking statements: This press release and materials thereby referred to contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC TATNEFT shall assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.