In accordance with para 5 of Presidential Executive Order No. 520 of August 5, 2022, On Special Economic Measures in the Financial and Fuel-and-Energy Spheres in Connection with the Unfriendly Actions by Certain Foreign States and International Organisations, and the Presidential instruction No. Pr-570 of March 17, 2025, the President ordered to permit Balchug Capital CJSC to carry out transactions to acquire shares owned by Goldman Sachs International.
These include ordinary and preferred shares in Inter RAO UES, Gazprom, Rostelecom, NOVATEK, Surgutneftegas, Novolipetsk Steel (NLMK), Tatneft, LUKOIL, and Rosneft.
Transactions to sell the acquired shares are also permitted.
No other permits, decisions, endorsements, approvals or other documents under the law of the Russian Federation are required for the execution of transactions specified in this Order.