Attn. shareholders: information on payment of dividends

Dear shareholders,

In accordance with the procedure for payment and taxation of dividends established by the legislation of the Russian Federation, dividends on shares of RusHydro for 2017 will be paid within the following terms:

1. The term for payment of dividends to the nominee holder and a trustee who is a securities market professional registered in the shareholder register shall be no more than 10 business days from the date on which the persons entitled to dividends are determined.

The depository or a trustee responsible for the trust management of property on which dividends are paid shall be the tax agent in respect of income earned by shareholders (individuals, legal entities) whose right to securities is recorded in the depository.

2. The term for payment of dividends to the persons registered in the shareholder register and not specified in Clause 1 hereof shall be no more than 25 business days from the date on which the persons entitled to dividends are determined.

RusHydro shall be the tax agent in respect of income earned by shareholders (individuals, legal entities) whose right to securities is recorded in the shareholder register.

The shareholders specified in Clause 1 and entitled to a preferential tax rate shall submit documents confirming such right to the place where their right to RusHydro shares is recorded (the place where the shares they own are kept).

The shareholders specified in Clause 2 and entitled to a preferential tax rate shall submit the below documents to RusHydro no later than July 11, 2018 to the following address: 7 Malaya Dmitrovka St., Moscow, 127006.

If these documents are not submitted to the tax agent in a timely manner, then the latter shall have no grounds to apply the preferential tax conditions to income in the form of dividends. In such case, taxation will occur in accordance with the standard procedure established by law.


The list of documents confirming the right to the preferential tax rate:

1. For legal entity shareholders (residents).

1.1. The trustees of unit investment funds shall submit the following documents to the tax agent:
  • a copy of the license to perform unit investment fund management activities, notarized within the current year;
  • a copy of the rules of unit investment fund management, as well as amendments and supplements to the rules certified by the management company (the first and last page);
  • a report on the shareholders of the joint-stock investment fund (the holders of investment units of the unit investment fund) (Instruction of the Bank of Russia No. 4715-U dated February 8, 2018);
  • original extracts from the shareholder register as of July 7, 2018;
  • the statement on asset value.

1.2. The trustees of pension savings, in the form of pension fund investment income amounts formed in accordance with the legislation of the Russian Federation, received by entities serving as compulsory pension insurers (Sub-Clause 31, Clause 1, Article 251 of the Tax Code of the Russian Federation) shall submit the following documents to the tax agent:
  • a copy of the license to carry out pension savings management activities (savings to provide housing to military servicemen) notarized within the current year;
  • original extracts from the shareholder register as of July 7, 2018;
  • copies of trustee agreements and supplementary agreements to such agreements certified by the management company;
  • copies of specialized depository service agreements entered into between the National Pension Fund and the specialized depository, certified by the management company.

2. For legal entity shareholders (non-residents).

To apply the provisions of international agreements of the Russian Federation, foreign entities that are not tax residents of the Russian Federation shall submit the following documents to the tax agent:

  • confirmation that the foreign entity actually entitled to income has a permanent location in a country with which the Russian Federation has entered into an international taxation agreement, which must be certified by the competent authority of the respective foreign country. If such confirmation is made in a foreign language, its Russian translation should also be provided to the tax agent;
  • confirmation that the foreign entity is actually entitled to the respective income;
  • the documents stipulated by the international taxation agreement entered into between the Russian Federation and the country in which the foreign entity has a permanent location.
Your application has been accepted. The answer will be prepared and sent within 20 calendar days. ok