Agenda of the Board of Directors on June 21, 2017

June 9, 2017

Agenda of the Board of Directors on June 21, 2017

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the Board of Directors meeting to be held in absentia on June 21, 2017.

The agenda includes the following items:

1. On the results of 2017 - 2021 business-plan execution (including reports on implementation of consolidated investment program) and approval of target annual KPIs of Management Board members for 2017 and target KPIs of PJSC RusHydro long-term incentive program for the first cycle of 2017-2019.

2. On interim results of 2017 business-plan execution, including actual results for the 1st quarter of 2017 (including reports on implementation of consolidated investment program (including comprehensive modernization program) and annual comprehensive procurement plan for the 1st quarter of 2017).

3. On priorities of the Company activity.

4. Review of performance reports of Chairmen of Committees of the Company's Board of Directors for 2016 - 2017.

5. On results of functioning of corporate internal control and risk control system.

6. On results of implementation of set of measures aimed at introduction of corporate standards in activity of the Company.

7. On results of implementation of Innovative development program of RusHydro Group for 2016-2020 with outlook for 2025 for 2016.

8. On implementation of Non-core assets divestment plan for the 1st quarter of 2017).

9. On reimbursement of Company's Auditor.

10. On positions of RusHydro (RusHydro's representatives) on the agenda items of the Board of directors of the Company's subsidiaries and affiliates.

11. On recognition of candidates to the Board of Directors (members if the Board of Directors) as independent.

The information on decisions of the Board will be made available in compliance with regulatory requirements.

About RusHydro

RusHydro Group is one of Russia's largest generating companies. RusHydro is the leading producer of renewable energy in Russia with over 70 generating facilities in Russia and abroad. The company also manages a number of R&D, engineering and electricity retail companies. Group's thermal assets are operated by subsidiary - RAO Energy System of East in the Far East of Russia. Total electricity generation capacity of the Group is 38.9 GW, heat capacity - 16.2 thousand GCal/h.

Russian Federation owns 60.56% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on Moscow Exchange (MOEX), and included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.

For more information:

Investor Relations Department

Tel. +7 (800) 333 8000 ext. 1607, 1319, 1304

ir@rushydro.ru

DISCLAIMER

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "plan", "aim", "target", "forecast", "project", "should", "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 and political conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.