PJSC RusHydro announced that the Company's Board of Directors held a meeting on January 27, 2021. The board approved that the powers vested in Viktor Viktorovich Khmarin as acting Chairman of the Management Board - General Director of the Company be terminated, and his employment contract be terminated, on January 27, 2021, pursuant to Part 1, Clause 2, of Article 278 of the Labor Code of the Russian Federation. The board also adopted Resolution: Viktor Viktorovich Khmarin be elected to the position of the Company sole executive body as from January 28, 2021 for a term of five (5) years; Yuriy Petrovich Trutnev, Chairman of the Board of Directors of the Company, be empowered to determine the terms and conditions of, and sign for and on behalf of the Company, an employment contract with Viktor Viktorovich Khmarin, the Company sole executive body.