The Board of PAO Inter RAO elected at the Annual General Meeting on May 29, 2015, made Board leadership appointments, formed Board Committees and established the status of each individual Director using formal independence criteria.

The new Chairman is Igor SECHIN, President and Chairman of the Management Board, Rosneft, and the new Vice Chairman is Dmitry SHUGAEV, Deputy Chief Executive of State Corporation Rostec.

The Board also established, using formal independence criteria, that Anatoly Gavrilenko, Aleksandr LOKSHIN, Ronald POLLETT, Nikolai ROGALYOV and Dmitry SHUGAEV are all Independent Directors.

The Board also formed Board Committees. The Audit Committee includes Dmitry SHUGAEV (Head of the Committee), Ronald POLLETT and Nikolai ROGALYOV. The HR and Compensation Committed includes Dmitry SHUGAEV (Head of the Committee), Aleksandr LOKSHIN and Ronald POLLETT. The Strategy and Investment Committee includes Elena BEZDENEZHNYKH (Head of the Committee, Deputy Chief Executive of Norilsk Nickel), Anatoly GAVRILENKO (Chief Executive, Leader CJSC), Egor GRINKEVICH Егор ГРИНКЕВИЧ (Assistant Director of Electric Power Industry Development Department of the Ministry of Energy of the Russian Federation), Larisa KALANDA (State Secretary and Vice President of NK Rosneft), Ilnar MIRSIYAPOV (Member of Executive Team, Head of Strategy and Investments Business Unit, PAO Inter RAO), Aleksei MOLSKY (Deputy Chairman of the Management Board, FGC UES) and Charlotte PHILIPPS (independent consultant).

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Inter RAO Group 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. The corporate strategy of Inter RAO is focused on making Inter RAO a global energy enterprise, a key player in the global energy market, and the leading Russian energy company by energy efficiency. Inter RAO Group owns and operates 35 GW of installed power generation capacity. www.interrao.ru


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