HISTORY DTEK

Key events of 2017

• The President of Ukraine awarded the energy workers of DTEK Power Grid – Vladimir Pobezinsky and Sergei Grechka – with the orders "For Courage" of the 3rd degree.
• DTEK lost control over the companies located in the ATO area.
• An agreement was concluded with financial institutions on the long-term restructuring of DTEK Energy’s loans.
• DTEK took first place in the Website Transparency and CSR Index.
• DTEK Academy, INSEAD business school (France) and IE Business School (Spain) concluded a memorandum to develop and implement joint training programs in Ukraine.
• DTEK implemented the first solar energy project, which allowed to form a long-term vision of development in this segment.
• At public hearings of the local community in Primorsk, Borysivka village and Botievo joint local community, the construction of Primorskaya WEP was agreed.
• DTEK ESCO launched a set of energy-efficient products under the Smart WATT brand at the retail market.
• According to the survey of employers’ attractiveness conducted by the international audit company EY, DTEK is one of the top 10 in Ukraine.
• DTEK signed a partnership agreement with the Climate Bonds Initiative.
• DTEK Prydniprovska TPP has converted its Unit 7 to burn high-volatile steam coal instead of anthracite.
• DTEK Trading obtained a license for electricity supply at unregulated tariff.
• DTEK Oil&Gas completed the reconstruction of the Machukhska gas treatment plant.
• The General Meeting of Shareholders of Kyivenergo PJSC decided to reorganize the business by establishing two companies.
• DTEK and Tavria State Agrotechnological University (TSATU, Zaporizhia region) concluded a cooperation agreement.
• DTEK Energy acquired Corum Druzhkovka Machine Building Plant LLC, Mining Machines Engineering and Technical Centre LLC and 61.2% of shares in Svet Shakhtyora PJSC.
• The Ministry of Education and Science of Ukraine approved 12 standards of vocational education developed by DTEK.

2016

• Naftogazvydobuvannya produced a record 1.6 bcm of natural gas
• An agreement on a long-term restructuring of the Company’s loan portfolio was reached with the Eurobond holders and bank lenders.
• Miners of the Geroiv Kosmosu mine produced historic three million tonnes of coal
• Upgrade of the Pavlogradska CPP completed. The processing capacity increased from 4.2 to 7 mln tonnes of run-of-mine coal per year
• Commissioned a new ventilation shaft at the Yuvileina Mine. The new shaft helped access 19 mln tonnes of commercial coal reserves.

2015

• Naftogazvydobuvannya commissioned the deepest gas well in Eastern Europe (6 750 m) and reached a record gas output in the entire history of the company and the private gas production in Ukraine
• Completed the renovation of unit No 9 at DTEK Kurakhivska TPP despite the active hostilities in the East of Ukraine. DTEK upgraded 17 generating units. All other companies - only 4 units.
• DTEK ESCO, an energy service company, was established to provide comprehensive energy efficiency services
• DTEK Energy reached an agreement on the restructuring of USD 200 mln Eurobonds originally due in April 2015
• 'Energy Efficient Schools' project won the grand prix of the National Contest 'Best Social Projects of Ukraine'
• 140 projects in 15 communities implemented as part of 'Your Hometown Begins With You' competition

2014

• DTEK electricians restored power supply to 1.4 million people in 600 communities, which were left without electricity due to the hostilities in the East of Ukraine.
• The Botievo Wind Farm reached its design capacity, and became the largest wind farm in Ukraine and one of the top five wind parks in Central and Eastern Europe
• DTEK completed its governance reform initiated in 2011. A DTEK management company and three operating companies were established: DTEK Energy for assets in coal mining, fossil-fuelled generation, and electricity distribution, DTEK RENEWABLES for alternative energy, and DTEK Oil&Gas for gas production
• Completed the renovation of power unit No.8 at DTEK Dobrotvirska TPP and unit No. 13 of DTEK Luganska TPP

2013

• DTEK Pavlogradugol produced a record 18 mln tonnes of coal
• Placement of the second issue of Eurobonds (USD 750 mln).
• Invested USD 1.3 bln in the renovation of the generating units and upgrading of the mining equipment.
• DTEK became one of the top ten most dynamically developing companies in Central and Eastern Europe, according to Deloitte.
• DTEK started gas supplies from Europe and purchased a stake in Naftogazvydobuvannya, the largest private gas producer in Ukraine
• Volunteer events organized by DTEK employees - Clean City and Green City - launched in 28 Ukrainian cities and towns
• Launch of 'Energy Efficient Schools' pilot project in 11 educational establishments of Kyiv

2012

• The first five-year stage of DTEK's long-term strategy completed. From 2008 to 2012, over USD 2.5 bln invested in production
• Commissioning of the first stage of the Botievo Wind Farm turbines. The first DTEK investment project of in renewables.
• The first acquisition of coal assets outside Ukraine: Mine Office Obukhovskaya JSC, Donskoy Anthracite JSC and Sulinanthracite LLC (Russian Federation) became part of DTEK
• The State Property Fund of Ukraine and DTEK entered into contracts for lease and concession of the state-owned Dobropolyeugol, Rovenkyanthracite and Sverdlovanthracite

2011

• DTEK became the largest private shareholder of Kyivenergo PJSC with 71.8% ownership
• DTEK Oil&Gas established
• DTEK raised a record USD 1.4 bln from banks to implement strategic development initiatives
• DTEK - the first Ukrainian company to join CSR Europe, a major European business network actively engaged in the development of corporate social responsibility initiatives.

2010

• Debut USD 500 mln Eurobonds issue to raise funds for upgrading operations and expanding the business
• DTEK started electricity exports to Hungary, Romania, Slovakia and Belarus
• DTEK became a member of EURACOAL and EURELECTRIC
• DTEK became a party to the United Nations Global Compact

2009

• DTEK won the right to export electricity to Hungary, Romania and Slovakia at the first Ukrainian tender where the right of access to cross-border transmission capacities was auctioned
• Energougol ENE launched a new service enabling industrial consumers to access their personal accounts remotely

2008

• Wind Power set up to implement wind energy projects.
• Start of a comprehensive programme to upgrade mining equipment, including application of a high-performance machinery and implementation of bolting and arch-bolt support technologies at DTEK mines
• A debut issue of a UAH 500 mln internal loan bonds
• DTEK's Corporate Social Responsibility Policy and Corporate Ethics Code approved

2007

• Dobropilska, Oktyabrska and Mospino Coal Processing Plants became part of DTEK
• For the first time in its history the annual output of Komsomolets Donbassa mine totalled 3.4 mln tonnes of coal and was ranked second in Ukraine in terms of coal production and labour productivity.
• Launch of a large-scale programme to upgrade generating capacities of Skhidenergo LLC
• DTEK received its first international credit ratings from Moody’s and Fitch

2006

• Energougol ENE, Pavlogradska and Kurakhivska coal processing plants became part of DTEK

2005

• DTEK Corporation established based on Pavlogradugol, Komsomolets Donbassa Mine, Skhidenergo, Service-Invest