This Annual Report presents the results of Public Joint stock company “Rosseti Kuban” for 2021, as well as some milestones following the reporting date, between 1 January 2022 and the preliminary approval of the Annual Report by the Board of Directors.

Herein, Public Joint stock company Rosseti Kuban is also referred to as Rosseti Kuban, PJSC, Rosseti Kuban, the Company, PJSC Kubanenergo (when mentioning the periods (events) that took place from 22 June 2015 to 10 August 2020), JSC Kubanenergo (when mentioning the periods (events) that took place before 22 June 2015).

PJSC Rosseti and other legal entities are referred to herein as they were referred to in the periods mentioned.


The Report was prepared in accordance with the legislation of the Russian Federation, including:

  • Federal Law No. 39-FZ "On Securities Market" dated 22 April 1996
  • Federal Law No. 208-FZ "On Joint Stock Companies" dated 26 December 1995 (hereinafter — Federal Law "On Joint Stock Companies")
  • Regulation of the Central Bank of the Russian Federation (hereinafter — the Bank of Russia) No. 714-P dated 27 March 2020 "On Disclosure of Information by Issuers of Equity Securities"
  • Recommendations of the Corporate Governance Code of the Bank of Russia for use by joint stock companies having stock-exchange securities, by the Letter of the Bank of Russia No. 06-52/2463 dated 10 April 2014 (hereinafter — the Corporate Governance Code of the Bank of Russia)
  • Recommendations on disclosure of non-financial information related to the activities of public joint stock companies sent by the letter of the Bank of Russia No. IN-06-28/49 dated 12 July 2021


The Report discloses the following material topics related to the Company’s activities:

  • environmental aspects of activities
  • energy saving and energy efficiency
  • social aspects and employee relations issues
  • occupational safety and health
  • consumer relations
  • countering corruption, commercial bribery and bribery of foreign officials
  • information on the Company’s contribution to the goals of the United Nations
  • information on stakeholder engagement