RCS - PJSC Inter RAO UES - Results of the Board of Directors Meeting

INTER RAO Lietuva ABAnnouncement

26/11/2020 17:25

RNS Number : 6798G
  
PJSC Inter RAO UES
  
26 November 2020
  
 

Results of the Board of Directors meeting of Inter RAO
Moscow, November 26, 2020 - Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces the results of the Board of Directors meeting of Inter RAO ("Board of Directors") held on November 26, 2020 by absentee voting.
The Board of Directors considered and adopted the following resolutions:
1.  Approval of the Work Plan of the Internal audit unit of Inter RAO for the year 2021.
 
Approve the Work Plan of the Internal audit unit of Inter RAO for the year 2021.
 
2.  Approval of the budget of the Internal audit unit of Inter RAO for the year 2021.
 
Approve the budget of the Internal audit unit of Inter RAO for the year 2021.
Instruct the Management Board to ensure the allocation of funds for the implementation of the internal audit function within the approved budget of the Internal audit unit and to include costs in the business plan for the year 2021.
 
3.    Approval of the principles of awarding the Head and employees of the Internal audit unit of Inter RAO for the year 2021.
 
Approve the list, values and weight coefficients of annual key performance indicators (KPIs) and control indicators (KPIs) of the Head and employees of the Internal audit unit for 2021.
Approve Methods of calculation and evaluation of annual key performance indicators (KPIs) and control indicators (KPIs) of the Head and employees of the Internal audit unit for 2021.
 
4.  Consideration of the report of the Management Board of Inter RAO on the construction of the Kaliningrad generation.
 
Consider the report of the Company's Management Board on the construction of the Kaliningrad generation for the 3rd quarter of 2020 year.
 
5.  Determination of price and consent for conclusion of related-party transaction.
Determine the price and give consent for conclusion of related-party transaction.
The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.
For further information, please contact Inter RAO:
Larisa Sadovnikova                Head of Investor Relations                +7 495 664-88-40 (ext. 2068)
sadovnikova_lv@interrao.ru
Nikolay Gorelov                    Press Secretary                                   +7 495 664-88-40 (ext. 2010)
gorelov_nv@interrao.ru
Svetlana Sidelnikova             Head of Corporate Relations and Antitrust Compliance           
+7 495 664-88-40 (ext.2081)                                                            chuchaeva_sy@interrao.ru 
 
Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates approximately 31 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.
For further information see www.interrao.ru

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