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SECURITIES PROSPECTUS

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The issuer is in charge of the corporate management (share management) of itssubsidiaries and dependent companies (IDGCs) and therefore does not have any competitorssince IDGCs are natural monopolies by operation of law.Competitiveness factors are not specified herein since subsidiaries and dependentcompanies (IDGCs) are natural monopolies.The issuer does not view the companies involved in similar activities abroad as itscompetitors since the issuer operates only in the Russian Federation.VI. Detailed Information Concerning Individual Members of the Management Bodies of JSCIDGC Holding, the Bodies of JSC IDGC Holding Controlling Its Financing and EconomicActivities and Brief Information Concerning the Employees (Personnel) of JSC IDGCHolding6.1. Details of the Structure and Jurisdiction of the Management Bodies of JSC IDGCHolding. Full Description of the Structure of the Issuer’s Management Bodies and TheirJurisdiction as Specified in the Articles of Association of the Issuer.The management bodies of the Issuer as specified in Article 9.1 of the Articles ofAssociation of the Company are as follows:- General Meeting of Shareholders.- Board of Directors.- Director General.The General Meeting of Shareholders is supreme management body of the Company.The following issues as specified in Article 10.2 of the Articles of Association of theIssuer fall within the jurisdiction of the General Meeting of Shareholders:"1) amendment of the Articles of Association of the Company or approval of the restated versionof the Articles of Association of the Company;2) reorganization of the Company in accordance with the procedure set forth in the federal lawsand these Articles of Association;3) liquidation of the Company, appointment of the liquidation committee and approval of theinterim and final liquidation balance sheets;4) election of members to the Board of Directors of the Company and early termination of theirauthority, establishment of the amount of remuneration or compensation payable to members ofthe Board of Directors of the Company;5) determination of the quantity, par value, category (type) of authorized shares and the rightscarried by such shares;6) expansion of the authorized capital of the Company through an increase in the par value ofshares or follow-on offering conducted by the Company as provided for by these Articles ofAssociation;7) reduction of the authorized capital of the Company by decreasing the par value of shares,through the acquisition of a portion of shares by the Company for the purposes of reducing theirtotal number and by means of redemption of shares acquired or repurchased by the Company;8) election of members of the Internal Audit Commission of the Company and early terminationof their authority, establishment of the amount of remuneration or compensation payable tomembers of the Internal Audit Commission of the Company;9) approval of the Company's auditor;10) approval of annual reports, annual financial statements, including profit and loss statements(income statements) of the Company, as well as appropriation of profit, including payment(declaration) of dividends, with the exception of profit distributed as dividends for the first128

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