Committees of the Board of Directors

The Board of Directors has established the Audit Committee, Nomination and Remuneration Committee, and the Strategy and Investment Committee in order to tentatively consider key issues concerning the activities of PJSC Inter RAOMinutes No. 225 dated May 21, 2018.. The activities of the committees are governed by the relevant regulations of the Board of Directors.

Committee Key functions Committee members and attendance of meetings
Audit Committee

Assessment of the Company’s auditor candidates;

  • Assessment of the auditor’s opinion;
  • Assessment of the effectiveness of internal control, risk management, and corporate governance procedures and the drafting of recommendations for the Board of Directors to improve these procedures;
  • Ensuring the independence and objectivity of the external and internal audit functions;
  • Monitoring the completeness, accuracy, and reliability of financial statements and also drafting recommendations for the Board of Directors regarding the Company’s audit and reporting.

Andrey Bugrov (chairman) (20/20)

Alexander Lokshin (20/20)

Ronald James Pollett (20/20)

Yelena Sapozhnikova (20/20)

Nomination and Remuneration Committee
  • Drafting of recommendations for the Board of Directors to determine the amount of remuneration and compensation paid to the Chairman and members of the Company’s Management Board
  • Drafting of essential contract terms with members of the Management Board and the Chairman of the Company’s Management Board as well as conditions for the early termination of employment contracts with them
  • Drafting of recommendations for the Company’s Board of Directors to determine the amount of remuneration and principles for bonus payments to the Corporate Secretary and proposals on bonuses for the Corporate Secretary
  • Analysis of the professional qualifications and independence of all candidates nominated to the Company’s Board of Directors and the preparation of recommendations for the Company’s shareholders regarding voting on the election of candidates to the Company’s Board of Directors
  • Drafting of recommendations for the Board of Directors on the approval of the target values of KPIs and BPs for the Chairman and members of the Company’s Management Board, reports on their implementation, and the methods used to calculate and evaluate their implementation

Ronald James Pollett (chairman) (16/16)

Andrey Bugrov (16/16)

Yelena Sapozhnikova (16/16)

Strategy and Investment Committee

Drafting of recommendations for the Board of Directors

  • concerning the Company’s priority activities and strategic goals
  • concerning the adoption of investment decisions

Viktor Khmarin Membership on the Committee – from August 29, 2018 (Minutes No. 230 of the meeting of the Board of Directors dated August 31, 2018) (Chairman from 08/29/2019) (5/5)

Andrey Marchenko (15/15)

Yevgeny MiroshnichenkoMembership on the Committee – from August 29, 2018 (Minutes No. 230 of the meeting of the Board of Directors dated August 31, 2018). (5/5)

Alexey Moslky (15/15)

Sergey Nikitin (13/15)

Vasily Nikonov (13/15)

Fedor Opadchiy (15/15)

Ron Pollett (15/15)

Yelena Sapozhnikova (15/15)

Pavel Snikkars (14/15)

Charlotte Philipps (15/15)

Yelena Bezdenezhnykh Membership on the Committee – until August 29, 2018 (Minutes No. 230 of the meeting of the Board of Directors dated August 31, 2018). (Chairman until 08/29/2018) (10/10)

Ilnar Mirsiyapov Membership on the Committee – until July 17, 2018 (Minutes No. 229 of the meeting of the Board of Directors dated July 19, 2018). (9/10)

WORK STATISTICS OF AUDIT COMMITTEE

WORK STATISTICS OF THE NOMINATION AND REMUNERATION COMMITTEE
WORK STATISTICS OF THE STRATEGY AND INVESTMENT COMMITTEE