In 2022, the non-financial reports of the largest Russian issuers, made with the participation of Horizon CF experts, were again awarded in key categories of Russian annual report competitions – the XXV Annual Report Competition of Moscow Exchange and the 2022 Annual Report Competition of RAEX.

The jury noted high quality of information coverage, the best presentation of the corporate governance system and the best coverage of environmental performance in the report.

It is worth noting that the high marks of the expert community were received despite the refusal to disclose some information in annual reports, which was recognized by Horizon CF's clients as sensitive in the difficult conditions prevailing in 2022.

Awards of Horizon CF Client in 2022

Annual Report of PJSC Gazprom

• RAEX Annual Report Competition: nomination “The best reflection in the report of the company's environmental protection activities” (3^rd place).

Annual report of PJSC Rosseti

• Moscow Exchange XXV Annual Reports Competition: nomination “Best Annual Report: Corporate Governance” (3^rd place).
• RAEX Annual Report Competition: nomination “Best Annual Report” (3^rd place).
• RAEX Annual Report Competition: nomination “Best Level of Disclosure of Information on Corporate Governance” (winner).

Annual report of PJSC FGC UES

• RAEX Annual Report Competition: nomination “Best Annual Report” (2^nd place).

Integrated report of PJSC Inter RAO

• Moscow Exchange XXV Annual Reports Competition: nomination “Best Annual Report: Corporate Governance” (2^nd place).

This year, due to sanctions risks, our clients were forced to exclude some of the information from their reports. It is gratifying that even in such an abbreviated form, the quality of disclosure was highly appreciated by the jury of the competitions. Horizon CF's clients once again collected a bunch of awards in nominations for representing corporate governance. Many years of experience in IR and ESG consulting gives us a clear understanding of what is important for the target audience, taking into account current changes in investor requests, methodologies, index and rating systems. This helps us to clearly set goals when preparing reports and achieve high results together with our clients.

Grigory Shlyapin, Managing Director of OOO Horizon CF