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

INTER RAO Lietuva ABAnnouncement

16/12/2020 19:35

RNS Number : 9237I
  
PJSC Inter RAO UES
  
16 December 2020
  
 

Results of the Board of Directors meeting of Inter RAO
Moscow, December 16, 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 December 16, 2020 by absentee voting.
The Board of Directors considered and adopted the following resolutions:
1.  Approval of the amended Regulations on the procedure for conducting regulated purchases of goods, works, and services of Inter RAO.
 
Approve the amended Regulations on the procedure for conducting regulated purchases of goods, works, and services of Inter RAO.
 
2.  Approval of the Assessment Standard implementation of the Strategy/Long-term development program of Inter RAO (Inter RAO Group) and the implementation of key performance indicators.
 
Approve the Assessment Standard implementation of the Strategy/Long-term development program of Inter RAO (Inter RAO Group) and the implementation of key performance indicators.
Declare invalid the Standard for the audit of the implementation of the Strategy/Long-term development program of Inter RAO approved by the decision of the Board of Directors of Inter RAO dated November 20, 2014 (minutes No. 126 dated November 24, 2014).
 
3.   Consideration of the recommendations of the Nomination and Remuneration Committee on improving the performance of the Board of Directors and its committees.
 
Approve the recommendations of the Nomination and Remuneration Committee of the Board of Directors of Company to shareholders on the procedure for nominating candidates to the Board of Directors of Inter RAO (approved by the decision of the Nomination and Remuneration Committee dated December 10, 2020, minutes No. 128 dated December 10, 2020).
 
4.   Approval of the transactions related with gratuitous transfer of property of Inter RAO.
 
Approve the transactions related with gratuitous transfer of property of Inter RAO.
 
5.  Determination of price and consent for conclusion of related-party transaction.
Determine the price and give consent for conclusion of related-party transaction.
 
6.  Determination of Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company which are significant for the Company's business.
Determine Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company that are significant for the Company's business
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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