About Report

Reporting period from 1 January 2016 to 31 December 2016.

The report of Gazprom Neft Public Joint-Stock Company (Gazprom Neft PJSC or the Company) for 2016 includes the performance results of Gazprom Neft PJSC and its subsidiaries, which are referred to as the Gazprom Neft Group (the Group). Gazprom Neft PJSC is the parent company of the Group and provides consolidated information for this annual report about the operating and financial activities of the Group’s key assets. The list of subsidiary companies (subsidiary enterprises) included within the report and the equity interests of Gazprom Neft PJSC are disclosed in the notes to the consolidated IFRS financial statement for 2016.

The report is prepared based on an analysis of operational data, consolidated IFRS financial indicators and recommendations of the GRI G4 international standard.

The information presented in the report has been confirmed by the Audit Commission and approved by the Company’s Board of Directors and General Meeting of Shareholders.