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

INTER RAO Lietuva ABAnnouncement

18/03/2022 16:00

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RNS Number : 3255F  PJSC Inter RAO UES  18 March 2022

Results of the Board of Directors meeting of Inter RAO

 

Moscow, March 18, 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 18, 2022 by absentee voting.

 

The Board of Directors considered and adopted the following resolutions:

 

- Approval of the report on execution of the business plan of Inter RAO Group
for 2021.

It is resolved to:

Approve the report on execution of the business plan of Inter RAO Group for
2021.

-  Determining the amount of payment for the Company auditor's services.

          It is resolved to:

2.1. Based on the results of closed competitive negotiations (minutes of the
meeting of the procurement commission for the selection of closed competitive
negotiations in electronic form dated September 09, 2021), on the basis of
clause 11.2.20 of Article 11, clause 18.10 of Article 18 of the Company's
Charter, determine:

2.1.1. The cost of audit services of Ernst & Young LLC (OGRN
1027739707203) of the consolidated financial statements of Inter RAO and its
subsidiaries, prepared in accordance with International Financial Reporting
Standards (IFRS) for 2022 - 21,030,000 (twenty-one million and thirty
thousand) rubles, excluding VAT;

2.1.2. The cost of services of Ernst & Young LLC (OGRN
1027739707203) for conducting a review of the interim financial information
of Inter RAO and its subsidiaries prepared in accordance with International
Financial Reporting Standards (IFRS) for the three months, ending March 31,
2022 - 4,840,000 (four million eight hundred and forty thousand) rubles,
excluding VAT;

2.1.3. The cost of services of Ernst & Young LLC (OGRN 1027739707203) for
conducting a review of the interim financial information of Inter RAO and its
subsidiaries prepared in accordance with International Financial Reporting
Standards (IFRS) for the three and six months, ending 30 June 2022 - 4,530,000
(four million five hundred and thirty thousand) rubles, excluding VAT;

2.1.4. The cost of services of Ernst & Young LLC (OGRN 1027739707203) for
conducting a review of the interim financial information of Inter RAO and its
subsidiaries prepared in accordance with International Financial Reporting
Standards (IFRS) for the three and nine months, ending September 30, 2022 -
4,530,000 (four million five hundred and thirty thousand) rubles, excluding
VAT;

2.1.5. The cost of Ernst & Young LLC (OGRN 1027739707203) of audit
services for the annual financial statements of Inter RAO prepared in
accordance with the Russian Accounting Standards (RAS) for 2022 - 940,000
(nine hundred and forty thousand) rubles, excluding VAT.

 

-  Consideration of the report on investor relations for 2021.

It is resolved to:

3.1. Approve the report on investor relations for the year 2021 and the
process of implementation of the program.

 

-  Consideration of directives.

It is resolved to:

4.1. In accordance with the Directive of the Government of the Russian
Federation dated January 28, 2022 No. 775п-П13 to make a decision in
accordance with Annex 3 to these Minutes.

 

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

 

 

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