OAO Kubanenergo announced that at its AGM held on June 23, 2014, the shareholders elected Sergey Sergeev, Yulia Chermentyeva, Andrey Kharin, Ksenia Khokholkova, Alexander Varvarin, Oleg Sukhov, Ashot Kobelyan, Arseny Shatokhin and Valentin Mezhevich as members of board of directors.