1. OVERVIEW

1.1 General Information 1.2 History 1.3. Corporate Structure

1.2 History

On September 7, 1992, State-Owned Enterprise "Russian State Concern for Production of Electric and Thermal Energy at Nuclear Power Plants" was established (Rosenergoatom Concern State-Owned Enterprise (SOE)) 1 .

The Decree ruled that Rosenergoatom Concern SOE was a state-owned enterprise that independently and through outsourcing is engaged in all stages of the life cycle of nuclear plants, as regards selection of construction sites, project design, construction, commissioning, operation, decommissioning, and other functions of an operator company.

The assets of nuclear plants currently in operation, under construction, in project design phase, or abandoned, are owned by the Federal Government and assigned to Rosenergoatom Concern SOE that is fully in charge and control of them.

The idea was to use Rosenergoatom Concern SOE as a platform to integrate all nuclear plants, which under the Decree had received the exclusive rights of self-governed business units — industrial enterprises.

During the 1990s, one of the main tasks facing Rosenergoatom Concern SOE was to overcome the transition difficulties and, first and foremost, to resolve the problem of non-payments for the energy supplied by NPPs.

Starting on April 1, 2002, with the intention to improve operating efficiency at nuclear plants, Rosenergoatom Concern SOE was reorganized into a generating company (Rosenergoatom Concern FSUE) by merging with all nuclear plants, both in operation and under construction 2 .

Apart from its functions as an operator, the Concern became capable to act independently on the power market, and sell power generated by the nuclear plants to solvent users.

In July 2007, Atomenergoprom JSC 3 was incorporated with Rosatom State Corporation being the sole stockholder and the owner of all voting stocks.

On August 11, 2008, Rosenergoatom Concern FSUE was reorganized into Energoatom Concern JSC, which surrendered 100 % of its stock to Atomenergoprom 4 .

On September 14, 2009, the Concern became entitled to use the word "Russian" in its corporate name according to the Russian Federation Government Resolution No. 1307‐r.

In November 2009, the sole stockholder of Energoatom Concern OJSC decided to add modifications into the Concern's Articles of Association, related to its new name: Russian Concern for Production of Electric and Thermal Energy at Nuclear Power Plants (Rosenergoatom Concern OJSC).

In 2011, Rosatom State Corporation became another stockholder of Rosenergoatom Concern OJSC, together with Atomenergoprom JSC.

On December 5, 2015, the Articles of Association were amended to change the company name into Rosenergoatom Concern JSC.