Norilsk Nickel received XI Open Annual Report Competition awards for best annual report in Krasnodar Krai and best annual report in industrial production sector along with third place honor for best information disclosure in 2013 and a letter of commendation from Krasnodar Krai administration for winning in two nominations.

Over 80 companies took part in the Competition. Event's expert council included representatives and leaning experts from Federal Financial Markets Service, Russian Institute of Directors, NAUFOR (National Association of Securities Market Participants), Expert-RA rating agency, RCB Publishing, KPMG, Moscow stock exchange, ALOR, Business Express Publishing and Krasnodar Krai administration.

Norilsk Nickel's deputy General Director for GR and IR issues, Andrey Bougrov, said "annual report is one of company's key ways of communicating with investors and a statement on its commitment to information disclosure. Last year Norilsk Nickel presented its development strategy to the investment community and our 2013 annual report reflects the staggering amount of work did along these lines. This is why annual report competition is so important to us and now that we received the awards it is even more so. This competition contributes to improving corporate governance and helps share best information disclosure practices".

The award ceremony was held on September 20 at the XIII Sochi International Investment Forum.

Reference information

The competition was first held by Krasnodar Krai administration in 2004. Harvard Business Review Russia and Russian Institute of Directors are traditionally partners of the event. Any joint-stock company registered in Russia can enter the competition free of charge. Over 750 companies operating both nationwide and on regional level entered the competition throughout its history.

Norilsk Nickel started participating in the event in 2009. The Company received runner-up award in industrial production sector category on its first attempt and was able to place third in the same category in 2013 among stiff competition. This year is a major milestone marking the progress achieved by the Company's specialists.

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