The Board of PJSC Inter RAO approved the key provisions of the stock option program for Group management.

The option program is designed to serve as a long-term motivator for the management team, helping the Group to achieve its medium-term and long-term business development targets while ensuring maximum return for its shareholders and potential investors.

The stock option program will amount to 2.0% of the Inter RAO's authorized capital. The right to purchase shares at their market price will be granted to the members of the management team making significant contributions to the Group strategy and long-term shareholder value.

The program will run for two years from the moment of its approval by the Board.

'The key provisions of Inter RAO stock option program support our corporate vision and development strategy,' said Chief Executive of PJSC Inter RAO Boris KOVALCHUK. 'Also the long-term incentive program will align the interests of our shareholders and the management team while reinforcing personal motivation and accountability of our managers with the ultimate goal to increase the market capitalization of Inter RAO Group.'

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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 approximately 35 GW of installed power generation capacity. www.interrao.ru


OAO INTER RAO UES issued this content on 17 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 February 2016 06:44:19 UTC

Original Document: http://www.interrao.ru/en/news/company/?ELEMENT_ID=5621