Changes to Contracted Hours in 2021

As a direct consequence of the ongoing pandemic, Rusneftegaz is to offer all administrative personnel the opportunity to reduce their working hours in 2021, with the Board of Directors viewing this as a reasonable compromise to preserve all existing jobs. The new arrangement should also continue to maintain company efficiency whilst increasing the productivity of those employees that are currently working from their homes. It should also be noted that Rusneftegaz intends to hire any new administrative personnel during this period on these newly updated contractual terms. Any operational and production personnel employed on temporary or permanent contract are unaffected by this resolution, although may notice the decreasing number of external contractors working on site over the next few months. Management are to consult all relevant parties, including staff, in regards to this decision immediately and necessitate the cooperation and understanding of those involved.