Ratings

Credit ratings

On October 12, 2012 international rating agency “Moody's Investors Service” assigned us for the first time a Ва2 long-term credit international rating and Aа2.ru domestic rating, outlook Stable.

During 2012-2015 Moody's Investors Service rating agency continuously affirmed our ratings (Ва2 international scale and Аа2 national scale).

Mar. 18, 2016 – Moody’s revoked domestic ratings previously assigned to IDGC of Urals (OAO) on its own. The action followed Moody’s termination of Russia’s national scale ratings. The revocation of national-scale ratings will not affect assignment of global ratings.

For the detailed review, please, visit official web-site of the rating agency (www.moodys.com).

Corporate ratings

October, 2008

Consortium RID - Expert RA

2008CGrating

...We evaluated the Company's corporate governance practice basing upon four components: shareholder rights, activity of management and control bodies, information disclosure, activity on behalf of other interested parties and corporate social responsibility...The Company observes the requirements stipulated in the Russian legislation on corporate governance, observes most of recommendations of the Russian Corporate Governance Code and separate recommendations of leading international corporate governance practices...

read more (Russian version only).

Corporate Governance Certificate (Russian version only)

November, 2009

Consortium RID - Expert RA

Cgrating2009

... Corporate governance practice of the Company in terms of shareholder rights protection is evaluated as good. During the reported period the Company took several measures aimed at corporate governance risk decrease. Particularly, the corporate web-site discloses information regarding materials on the AGM agenda issues; internal documents stipulate liability to arrange external auditor rotation. Meanwhile, there is a number of disadvantages, particularly, lack of dividend history on the Company's shares, lack of the Company's dividend policy as well as other disadvantages...

read more (Russian version only).

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