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

INTER RAO Lietuva ABAnnouncement

21/05/2021 16:15

RNS Number : 4870Z
  
PJSC Inter RAO UES
  
21 May 2021
  
 

Results of the Board of Directors meeting of Inter RAO
Moscow, May 21, 2021 - 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 May 21, 2021 by absentee voting.
The Board of Directors considered and adopted the following resolutions:
1.         Determination of the size of remuneration and compensation to be paid to the CEO and members of the Management Board.
Approve the amount of the special annual bonus for the implementation of the Company's annual plans on the basis of the Company's consolidated financial statements prepared in accordance with IFRS for 2020, and award the General Director and members of the Management Board in accordance with Annex No. 1 to the Minutes.
In connection with the award of the honorary title to Murgulets Valery, the member of the Management Board, Head of Innovations, Investments and Costs Management Division of Inter RAO, to pay Murgulets Valery the award in accordance with Appendix No. 2 to the Minutes.
 
2.  Determination of price and consent for conclusion of related-party transactions.
Determine the price and give consent for conclusion of related-party transactions.
 
3. Approval of combining positions in management bodies of other organizations by the General Director of Inter RAO.
Approve the appointment of Boris Kovalchuk, General Director of Inter RAO, as a member of the Board of Directors of Joint-Stock Company System Operator of the Unified Energy System (OGRN: 1027700201352).
 
4. Approval of the performance of other functions by the Corporate Secretary.
Approve the performance by Tamara Merebashvili, Deputy General Director, Head of the Corporate and Property Relations Unit, Corporate Secretary of Inter RAO, the function of a member of the Board of Directors of Inter RAO Capital Joint Stock Company (combination of positions).
 
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 energy holding, serving various segments of Russian and international electric power industry. The Group is the leading exporter and importer of electricity in Russia, actively increasing electricity generation and sales, and developing new lines of business. Inter RAO Group owns and operates approximately 31.1 GW of installed power generation capacity. Its share of Russian retail electricity and capacity market is over 18%.
For further information see www.interrao.ru

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