Notice of change in share of affiliate

November 03, 2020. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that following a number of related corporate actions its direct ownership of Joint-Stock Company Far East Generating Company (JSC FEGC) (Khabarovsk, Russia, INN: 1434031363, OGRN: 1051401746769) changed from 0% to 99.998%, indirect ownership of shares of JSC FEGC changed from 100% to 0.002%.

The grounds on which the issuer has received the right to dispose of a certain number of votes attached to the voting shares (interests) constituting the company's authorized capital: acquisition of an interest in JSC FEGC.

Number and percentage of votes attached to the voting shares (interests) constituting the company's authorized capital that the issuer had the right to dispose of before the effective date of the relevant grounds: direct disposal 0 shares/ 0%; indirect disposal of 3,104, 139,086,400 ordinary shares, which constitutes 100% of votes.

Number and percentage of votes attached to the voting shares (interests) constituting the company's authorized capital to which the issuer received the right of disposal after the effective date of the applicable grounds: direct disposal of 125,717,632,999,200,000  ordinary shares, which constitutes 99.998% of votes; indirect disposal of 3,104, 139,086,400 ordinary shares, which  constitutes 0.002% of votes; total disposal of 125,720,737,138,286,400 ordinary shares, which constitutes 100% of votes.

Effective date of the grounds based on which the issuer has received the right to dispose of a certain number of votes attached to the voting shares (interests) constituting the company's authorized capital: date of registration of the report on additional issue of securities of JSC FEGC November 02, 2020.

Date on which the issuer learned of the grounds based on which the issuer received the right to dispose of a certain number of votes that constitutes 5% or has become more than 5%, 10%, 15%, 20%, 25%, 30%, 50%, 75%, or 95% of the total votes attached to the voting shares (interests) constituting the company's authorized capital: November 02, 2020.

About RusHydro

RusHydro Group is the leading producer of renewable energy in Russia. It is Russia's largest generating company and is the fourth in the world with over 400 generating facilities. The Group's total electricity generation capacity including Boguchanskaya HPP is 38 GW.

For more information:

Investor Relations Department

Tel. +7 (495) 122 0555 ext. 1304

ir@rushydro.ru

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.