About the Report

Joint Stock Company Federal Passenger Company (hereinafter, referred to as JSC Federal Passenger Company, JSC FPC, the Company) is the national passenger railway carrier of the Russian Federation and an entity subject to anti-monopoly regulation.

This Annual Report of JSC FPC for 2023 (hereinafter also referred to as the Annual Report, or the Report) contains information on the performance of JSC FPC.

The Report has been prepared based on the analysis of the Company’s operating data and RAS financial indicators for the period from 1 January to 31 December 2023.

Based on the results of the audit of the financial and business activities of JSC FPC for 2023, the Auditing Commission confirmed the accuracy of the data contained in the annual accounting (financial) statements and the Company’s Annual Report.

The Report was approved by the decision of the Board of Directors of JSC FPC on 27 May 2024 (Minutes No. 16 dated 30 May 2024).

The text of the Annual Report may contain errors in the calculation of shares, percentages and amounts due to rounding. The figures in the Annual Report may differ slightly from the previously published preliminary figures of the operating and financial indicators.

This Annual Report was prepared in accordance with the requirements of regulatory legal acts of the Russian Federation, taking into account the recommendations of the Corporate Governance Code recommended by the Central Bank of the Russian Federation (hereinafter, referred to as the Bank of Russia).