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

INTER RAO Lietuva ABAnnouncement

30/06/2021 16:05

RNS Number : 7036D
  
PJSC Inter RAO UES
  
30 June 2021
  
 

Results of the Board of Directors meeting of Inter RAO
Moscow, June 30, 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 June 30, 2021 by absentee voting.
The Board of Directors considered and adopted the following resolutions:
-     Approval of the Report on the implementation of Business Plan of Inter RAO Group for the 1st quarter of 2021:
Approve the Report on the implementation of Business Plan of Inter RAO Group for the 1st quarter of 2021.
-     Review of the Report on the results of the evaluation of the activities of the Board of Directors of Inter RAO:
Consider the Report on the results of the self-assessment of the effectiveness of the Board of Directors of PJSC Inter RAO for the 2020-2021 corporate year.
Approve the List of instructions of the Nominations and Remuneration Committee on improving the activities of the Board of Directors and its Committees.
-     Approval of Reports on the activities of the Committees of the Board of Directors of Inter RAO:
Approve the Report on the activities of the Strategy and Investment Committee of the Board of Directors of Inter RAO for the 2020-2021 corporate year. 
Approve the Report on the activities of the Audit and Sustainable Development Committee of the Board of Directors of Inter RAO for the 2020-2021 corporate year.
Approve the Report on the activities of the Nominations and Remuneration Committee of the Board of Directors of Inter RAO for the 2020-2021 corporate year.
-     Organizational issues of the activities of the Committees of the Board of Directors of Inter RAO:
Subject to the corporate governance requirements established by the Listing Rules, approved by the Supervisory Board of Moscow Exchange dated April 23, 2021 (minutes No. 24) registered with the Bank of Russia on May 12, 2021, the quantitative and personal composition of the Board of Directors of the Company, the organizational structure of the Group and activities carried out by the Group, to recognize that the composition of the committees of the Board of Directors is relevant to the tasks of the Board of Directors and the purposes of Company.
-     Determining the amount of remuneration and compensation paid to the General Director and members of the Management Board of Inter RAO:
Determine the price of the employment contract between Inter RAO and the General Director of the Company Kovalchuk Boris (the amount of remuneration and compensation under the employment contract) as a related-party transaction. Determine the conditions and give consent for the conclusion of an additional agreement to the employment contract between Inter RAO and General Director of the Company Kovalchuk Boris as related-party transaction. General Director Boris Kovalchuk is recognized as a person interested in concluding an additional agreement to the employment contract with Inter RAO, as he is a party to it. Chairman of the Board of Directors of Inter RAO to sign on behalf of the Company an additional agreement to the employment contract with the General Director of the Company Kovalchuk Boris.
Determine the price of the employment contracts between Inter RAO and the company's Management Board members:
- Maslov Alexei;
- Miroshnichenko Evgeny;
- Murgulets Valeriy;
- Okley Pavel;
- Panina Alexandra;
- Filatov Dmitry;
- Sharov Yuri;
 (the amount of remuneration and compensation under the employment contract) as related-party transactions.
Determine the conditions and give contest for the conclusion of additional agreements to employment contracts between Inter RAO and members of the Management Board of the Company:
- Maslov Alexei;
- Miroshnichenko Evgeny;
- Murgulets Valeriy;
- Okley Pavel;
- Panina Alexandra;
- Filatov Dmitry;
- Sharov Yuri;
as related-party transactions.
Persons interested in the conclusion Inter RAO additional agreements to employment contracts, are recognized as members of the Management Board Maslov Alexey, Miroshnichenko Evgeny, Murgulets Valeriy, Okley Pavel, Panina Alexandra, Filatov Dmitry, Sharov Yuri, as they are parties to them.
Authorize the General Director of Inter RAO Kovalchuk Boris to sign on behalf of the Company additional agreements to employment contracts with members of the Management Board.
-     Approval of the Work plan of the Board of Directors of Inter RAO.
Approve the Work plan of the Board of Directors of Inter RAO for 2021-2022 year.
Consider the report on the implementation of the Work plan of the Board of Directors of Inter RAO for 2020-2021 year.
-      Approval of the amended Register of non-core assets of the Company and the amended Action Plan for the Sale of non-core assets of the Company:
Approve the amended Register of Non-core assets of the Company.
Approve the amended Action Plan for the sale of non-core assets of the Company.
 
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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