Evropeyskaya Elektrotekhnica provided lighting for one of the largest JetBrains offices, in St. Petersburg

Evropeyskaya Elektrotekhnica provided lighting for one of the largest JetBrains offices, in St. Petersburg

September 13, 2019. Moscow — PJSC Evropeyskaya Elektrotekhnica (hereinafter — the “Company” or the “Group”), one of the leaders in the Russian engineering market, has successfully completed the contract for the arrangement of interior and exterior lighting of the new office complex in St. Petersburg with a total area of 30,000 square meters, owned by JetBrains — a developer company of software for programmers.

JetBrains bought the Lotos Tower Hotel premises in 2018, with plans to use the former hotel as an office for its employees. The company's headcount in St. Petersburg is expected to double by 2024 — from about 600 to 1200 people.

As part of this project, PJSC Evropeyskaya Elektrotekhnica implemented the following:

• For the arrangement of the interior lighting:

- Adaptation of the facility's interior lighting concept developed by UNK Project architectural company (Russia) in order to optimize the project budget for the Customer;

- Lighting design;

- Selection of the lighting equipment, delivery and supervised installation.

Part of the equipment was produced to meet the Customer's requirements, and the individual design made it possible to get high color rendition and energy efficiency parameters.

• For exterior lighting (architecture and construction):

- Selection of lighting equipment, lighting design, visualization of project solutions, delivery and supervised installation.

Ilya Kalenkov, General Director of PJSC Evropeyskaya Elektrotekhnica, commented on this event: "We are happy to see this major project as the latest example of our successful cooperation with domestic high-tech companies.

We appreciate the trust that JetBrains had in us. As of now, more than 63% of employees work in the JetBrains office in St. Petersburg. With plans to expand the number of personnel, the new large office complex in St. Petersburg will confirm its position as the company's key center for expertise. We expect the professional lighting system used in this project to create a more comfortable working environment for hundreds of programmers, project managers, marketing experts and other employees at JetBrains.

As part of our Engineering Systems direction, we've been creating energy efficient power supply systems for decades. For example, since 2012 we have made a significant contribution to the launch of large data centers for Yandex, Digital Space Partner, IXcellerate, Sberbank, and RIC System Solutions TSISKO, as well as for governmental organizations such as the Bank of Russia, Goznak and the Federal Tax Service.”

REFERENCE:

JetBrains (formerly IntelliJ) is a private international company that develops tools for development in Java, Kotlin, C#, C++, Ruby, Python, PHP, JavaScript and a number of others programming languages, and also tools for teamwork. It sells 24 programming products (2019) including IntelliJ IDEA and ReSharper. The Kotlin programming language is a priority in development for Android applications.

The company's customer base exceeds 6 million users from 198 countries.

The company was founded in 2000 in Prague by programmers from St. Petersburg — Sergey Dmitriev, Evgeny Belyaev and Valentin Kipyatkov. The company has offices in Russia (St. Petersburg, Moscow, Novosibirsk), Germany (Munich), Czech Republic (Prague), the Netherlands (Amsterdam), and the USA (Boston, Marlton, Foster City) — a total of about 1000 employees (2019).

In 2014, JetBrains revenue exceeded USD 110 million (the most recent available information). The annual growth rate of the company's revenue reaches 40–60%.

About Evropeyskaya Elektrotekhnica Group of Companies

• Evropeyskaya Elektrotekhnica Group of Companies (MOEX: EELT) offers comprehensive solutions in the field of engineering and technological systems for industrial, construction and infrastructural purposes: low and medium voltage distribution equipment, low current systems, lighting systems, industrial electric heating systems and equipment for the Oil&Gas and petrochemical industries.

• As a Russian joint-stock company with high corporate governance standards and financial sustainability, the Company's Mission is to improve people's quality of life with its entrepreneurial vigour and engineering competencies.

• The Company was founded in 2004 and unites a distribution center, engineering departments, an electrical laboratory and specialized production facilities. The company is one of the largest electrical equipment distributors in the Russian Federation and an industrial partner of leading companies on the international engineering market.

• The Company's logistics capabilities include delivery (including non-standard and oversize load) to customers throughout Russia, including hard-to-reach Northern areas, as well as to Central Asia, North Africa and the Middle East.

• The Company has its own production of the following equipment:

• Complete transformer substations;

• Medium voltage units;

• Low voltage panels of up to 6,300A (including metro solutions);

• Electric lighting systems;

• Industrial electric heating systems;

• Cabling and wiring products.

• Areas of application of the Company's competences:

• Oil&Gas industry;

• Electric power sector;

• Peaceful atom,

• Steel and mining industry;

• Engineering;

• Transport infrastructure, water supply and sanitation.

• Evropeyskaya Elektrotekhnica's customers include major Russian companies: Rosneft, Gazprom, NOVATEK, LUKOIL, Sibur and Nizhnekamskneftekhim. Supplies were successfully implemented for the following projects: Power of Siberia, Yamal LNG, Smolensk NPP, Data Center of Sberbank of Russia, the Domodedovo, Sheremetyevo, and Pulkovo Airports, etc.

• New areas of Company activity starting from 2018 include development and production of the following:

• Modular equipment for the Oil&Gas and petrochemical industries (Company subsidiary ROG-Engineering, Ufa, Republic of Bashkortostan, Russian Federation);

• Industrial specialized solutions for metro substations (currently being consolidated into the Group's structure: Metrotonnel, Moscow, Russian Federation);

• Industrial electric heating systems.

• Key financial indicators of PJSC Evropeyskaya Elektrotekhnica (IFRS):

The personnel headcount is around 350 people. Since September 2017, common shares of PJSC Evropeyskaya Elektrotekhnica are traded on the Moscow Exchange with trading code EELT.

In June 2018, the company was named Import Substitution Leader at the Leader of Competitive Sales annual national awards, in which 450 domestic suppliers from various industries took part.

Contacts:

PJSC Evropeyskaya Elektrotekhnica

Tel.: +7 (800) 600-71-18

Mailing address: 1 Lyotchika Babushkina Street, Building 3, Moscow, 129344

For more information, please contact:

Stanislav Martyushev

Director for Corporate Communications and Investor Relations

PJSC Evropeyskaya Elektrotekhnica

Tel. +7 (495) 660-71-18 ext. 164

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