About this Report

This Report by the Public Joint Stock Company Gazprom Neft (Gazprom Neft PJSC, the company) for 2019 includes the results of operational activity of Gazprom Neft PJSC and its subsidiaries, collectively referred to as the Gazprom Neft Group (the Group). Gazprom Neft PJSC is the parent company of the Group and provides consolidated information on the operational and financial performance of the Group’s key assets for this Annual Report. The list of subsidiaries covered in this Report and the shares held by Gazprom Neft PJSC in their capital are disclosed in notes to the consolidated IFRS financial statements for 2019.

This Report is prepared based on analysis of operational data, consolidated IFRS financial indicators and international GRI guidelines.

Information provided in the Report has been verified by the Audit Committee and approved by the Board of Directors and the Annual General Meeting of Shareholders of the Company.

In calculations of shareholdings, percentages, and total amounts, the Annual Report may contain discrepancies as a result of rounding. Data provided in the Annual Report may differ insignificantly from previous disclosures, also as a result of rounding.

The Gazprom Neft PJSC ‘s Annual Report has been provisionally approved by the Board of Directors, Minutes No. PT-0102/16 of 27.04.2020.

The Gazprom Neft PJSC 2019 Annual Report has been approved by the General Meeting of Shareholders held on 11 June 2020 (Minutes 0101/01 of 15 June 2020).