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

INTER RAO Lietuva ABAnnouncement

07/03/2022 08:15

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RNS Number : 7734D  PJSC Inter RAO UES  07 March 2022

Results of the Board of Directors meeting of Inter RAO

Moscow, March 05, 2022 - 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 March 05, 2022 by absentee voting.

The Board of Directors considered and adopted the following resolutions:

1.   Сonsidered the proposals of the Company's shareholders on nominating
candidates to the Board of Directors, as well as candidates for the position
of independent directors of Inter RAO, the Board of Directors decided to
include the following candidates in the list of candidates for voting on the
election to the Board of Directors of Inter RAO:

 

 

-     Andrei E. Bougrov(*) - Member of the Management Board, Senior
Vice-President for sustainable of PJSC MMC Norilsk Nickel (nominated by Board
of Directors of Inter RAO).

-     Anatoly A. Gavrilenko - General Director, CJSC Leader (nominated by
Closed Joint-Stock Company «Leader» (Pension fund asset management
company)).

-     Boris Yu. Kovalchuk - General Director of PJSC "Inter RAO"
(nominated by JSC ROSNEFTEGAZ).

-     Alexander M. Lokshin - Member of the Management Board, First Deputy
CEO for Operations Management, State Atomic Energy Corporation
Rosatom (nominated by PJSC FGC UES).

-      Vladimir D. Milovidov(*) - Deputy Director for Scientific Work of
the Primakov National Research Institute of World Economy and International
Relations of the Russian Academy of Sciences (nominated by Board of Directors
of Inter RAO).

-     Andrey E. Murov - First Deputy CEO - Executive Director of PJSC FGC
UES (nominated by PJSC FGC UES).

-     Fedor Yu . Opadchy - Chairman of the Management Board, SO UPS, JSC
(nominated by PJSC FGC UES).

-     Ronald (Ron) J. Pollett(*) - Senior Advisor to General Electric
Company (nominated by Board of Directors of Inter RAO).

-     Elena V. Sapozhnikova(*) - Partner Digital Horizon (nominated by
Board of Directors of Inter RAO).

-     Igor I. Sechin - Chief Executive Officer, Chairman of the Management
Board of Rosneft (nominated by JSC ROSNEFTEGAZ).

-     Dmitry E. Shugaev - Director of the Federal Service for
Military-Technical Cooperation (nominated by JSC ROSNEFTEGAZ).

 

(*) candidate for the position of Independent Director.

 

2.   Сonsidered the proposals of shareholders on nominating candidates to
the Revision Commission of the Company, as well as the candidacy of a
representative of the Company as a candidate to the Revision Commission of
Inter RAO, the Board of Directors decided to include the following candidates
in the list of candidates for voting on the elections to the Revision
Commission of Inter RAO:

 

 

-     Gennady I. Bukayev - Chief executive officer of JSC ROSNEFTEGAZ,
Vice-president- Head of Internal Audit, Rosneft (nominated by JSC
ROSNEFTEGAZ).

-     Tatiana B. Zaltsman - Head of the Department of company economic
planning, PJSC "Inter RAO" (nominated by Board of Directors of Inter RAO).

-     Svetlana N. Kovaleva - Director of Internal Audit - Head of Internal
Audit Department of PJSC FGC UES (nominated by PJSC FGC UES).

-     Yekaterina A. Snigireva - Head of the Division of Property Relations
and Privatization of the largest organizations of Rosimushchestvo (nominated
by JSC ROSNEFTEGAZ).

-     Anton S. Ulyanov - Director for Internal Control and Risk Management
- Head of the Internal Control and Risk Management Department of FGC UES PJSC
(nominated by PJSC FGC UES).

 

 

 

3.   Note that there were not received proposals for including the items in
the agenda of the Annual General Shareholders Meeting of Inter RAO.

 

4.   Instruct the Committee on nominations and remunerations of the Board of
Directors of Inter RAO in the period up to March 31, 2022 to analyze the
professional qualifications and independence of candidates nominated to the
Board of Directors of the Company and to form recommendations to shareholders
in respect of voting on the election of candidates to the Board of Directors.

 

5.   In order to comply the requirements of the Listing rules of Moscow
Exchange and the provisions of the Corporate Governance Code recommended for
application by the Bank of Russia, to propose to the shareholders, at the
Annual General Shareholders' Meeting to vote for the election of members of
the Board of Directors in such a way as to balance the composition of the
Board of Directors, in terms of experience and qualifications, and election to
the Board of Directors not less than 3 (three) candidates who meets the
requirements of independence of Directors.

 

6.   Propose to the Annual General Shareholders meeting of the Company to
elect the candidates specified in paragraph 2 of this decision to the Audit
Commission 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 (mailto:sadovnikova_lv@interrao.ru)

Nikolay Gorelov                    Press
Secretary
+7 495 664-88-40 (ext. 2010)

gorelov_nv (mailto:gorelov_nv@interrao.ru) @interrao.ru
(mailto:gorelov_nv@interrao.ru)

Svetlana Sidelnikova             Head of Corporate Relations and
Antitrust Compliance

+7 495 664-88-40
(ext.2081)
chuchaeva_sy@interrao.ru (mailto:chuchaeva_sy@interrao.ru)

Inter RAO is a diversified energy holding, serving various segments electric
power industry. Inter RAO Group owns and operates approximately 30.7 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 (http://www.interrao.ru/)

 

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