4.14 Stockholder Equity and Securities

As of 31.12.2025, the charter capital of the Company totaled RUBruble 8,743,048,571.1 (or 87,430,485,711 common shares with par value of RUBruble 0.1 each). PAOPublic Joint-Stock Company Rosseti Ural has not placed preferred shares.

Shares	Quantity, pcs	Nominal value
Outstanding ordinary shares	87,430,485,711	RUBruble 0.1
Authorized ordinary shares	2,475,713,367	RUBruble 0.1

There were no changes of the Company’s charter capital during 2025, no additional shares were issued or placed in 2025.

As of 31.12.2025, the register comprises 15,997 registered accounts, incl. 7 nominal holders, 98 legal entities, 15,746 individuals, 145 common-property accounts and 1 undefined owner account.

The Company’s shareholder structure as of 31.12.2025, %

PAOPublic Joint-Stock Company Rosseti Ural has no information on other blocks of stock over 5% except for these already disclosed above. Shares owned by the Company and its controlled entities: none. Information on certain stockholders’ potential or actual control, stretching out beyond their stakes in the charter capital (incl. shareholder agreements): none.

In 2025, changes occurred in the composition of entities entitled to directly or indirectly dispose of at least five percent of the votes pertaining to the Company’s voting shares: PAOPublic Joint-Stock Company Metcombank reduced its ownership stake from 20.00% to 17.71% in December 2025. Ordinary and preferred shares of unequal par value: none.

SHAREHOLDER RIGHTS

The Russian legislation guarantees that any common share gives equal rights to any shareholder. Therefore, our shareholders are entitled to:

participate in a General Meeting of Stockholders (in person or by proxy) with voting power on all respective matters;
introduce own proposals to the agenda of a General Meeting of Stockholders in a manner set forth by the Russian legislation and Company’s Charter;
obtain information on the Company and get familiarized with Company’s documents in line with Article 91 of the Federal Joint-Stock Companies’ Law, other regulatory enactments and Charter;
collect dividends announced by the Company;
preemptive acquisition of additional shares and convertible securities, placed by subscription, pro rata to the ownership in cases stipulated by the Russian legislation;
obtain parts of the Company’s property in case of its liquidation;
enjoy other rights guaranteed by the Russian legislation and Charter.

A stockholder or a group of stockholders with at least 2% of the voting stock are entitled to introduce issues to the agenda of a General Meeting of Stockholders and promote nominees for election to the Board of Directors and Board of Internal Auditors of the Company. A stockholder or a group of stockholders with at least 10% of the voting stock are entitled to initiate an extraordinary General Meeting of Stockholders of the Company.

The rights of stockholders are guaranteed by the following:

1) The Company publicly discloses:

the General Meeting of Stockholders notice and materials on agenda items within 30 days prior to the General Meeting;
recommendations provided by the Board of Directors regarding items of the General Meeting agenda through press releases, corporate actions/events and minutes of the Board of Directors’ meetings;
date when entities, entitled to participate in the General Meeting of Stockholders, are defined within 7 days prior to the record date;
minutes of the meetings of stockholders on the corporate web-site.

2) Shareholders of the Company are entitled to submit proposals for inclusion in the agenda of the annual General Shareholders’ Meeting no earlier than 1 July of the reporting year and no later than 1 March of the year following the reporting year.

3) Registration of entities, entitled to participate in the general meeting of stockholders, is stipulated in details by the Regulations on the General Meeting of Stockholders.

4) The Company’s registrar performs the functions of the Counting Commission during the general meeting of stockholders. Since December 2010 the Company’s registrar is AOJoint-Stock Company STATUS (official web-site: www.rostatus.ru).

5) Voting results at the general meeting of stockholders are announced prior to the conclusion of the meeting and disclosed in a statutory manner.

6) The Company has the Dividend Policy stipulating primary principles of dividend payments, mechanics of dividend decision-taking, procedure, deadlines and form of dividend payments. The relevant Policy is disclosed on the official web-site of the Company[1].

The decision to pay dividend allows stockholders to receive full details regarding dividend amount, payment procedure and deadlines.

THE COMPANY AND STOCK MARKET

State registration number	1-01-32501-D dated 03.05.2005
ticker	MRKU
ISIN	RU000A0JPPT1

Ordinary shares of the Company are traded on MOEX (Level 2 Quotation List) and SPB Exchange (Non-quotation List), they are also included into the MOEX SMID Index (MCXSM), weight: 0.87%, RTS Energy Sector Index (RTSeu), weight: 4.2%, RTS SMID Index (RTSSM), weight: 0.87%, RTS Broad Market Index (RUBrubleMI), weight: 0.08%, MOEX Broad Market Index (MOEXBMI), weight: 0.08%, Energy Sector Index (MOEXEU), weight: 4.2%.

Indicator	2023	2024	2025	2025/2024, %
Market capitalization as of the last trading day, RUBruble billion	32.2	29.9	41.5	+38.8
Trading volume, RUBruble million	8,374.3	13,368.4	6,458.2	-51.7
Trading volume, billion shares	22.0	45.2	22.8	-49.6
Transactions, thousand	436.6	487.3	341.7	-29.9