PJSC ROSSETI announced that Sergey Sergeev has been appointed Director General of Kuban Power and Electrification Public Joint Stock Company, (the "Subsidiary"), effective from 18 July 2019. The appointment was approved by the Subsidiary's Board of Directors at the meeting held on 17 July 2019. Sergey Sergeev was serving as the Deputy Director General for Capital Development of PJSC ROSSETI since 03 August 2003 till 17 July 2019. He has significant experience in the industry, including his position for OAO FGC UES as the Director of the Investments and Consolidated Planning Department from 2009 till 2010, and as the Deputy Chairman of the Management Board from 2010 till 2013.