Internal Audit Commission

The Internal Audit Commission is a permanent body responsible for the monitoring of the Company’s financial and business operations. The Commission consists of five elected members. The Commission’s opinion on the audit results was submitted to the Annual General Meeting of Shareholders. The audit confirmed that the data contained in the reports and financial documents of the Company were reliable, the accounting and financial reporting functions were performed in compliance with applicable laws and internal regulations, and financial and business operations were conducted in the best interests of the Company and its shareholders. The opinion also confirms the accuracy of data contained in the Company’s Annual Report and report on interested-party transactions consummated in 2018.

There were no changes in the composition of the Internal Audit Commission in 2018.

Members of the Internal Audit Commission
Members Primary employment Nominated by Shareholding
Tatyana Zobkova (Chair of the Internal Audit Commission) Deputy Director of the Department of Corporate Governance, Price Environment and Control in the Energy Sector of the Russian Ministry of Energy Russian Federation in 2018 None
Natalia Annikova Russian Federation in 2018 None
Igor Repin Deputy Executive Director, Association of Institutional Investors Russian Federation in 2018 None
Marina Kostina Deputy Director of the Corporate Governance Department of the Russian Ministry of Economic Development Russian Federation in 2018 None
Dmitry Simochkin Head of Department, Federal Agency for State Property Management Russian Federation in 2018 None