Board of Directors

The Board of Directors is a governing body that sets the priority areas of the Company’s operations, approves its development strategy and determines the core principles and approaches to the organization of the Company’s internal control and risk management functions. The Board of Directors also supervises the Company’s executive bodies and performs other key functions, including such as investment and business planning, performance management, innovative development, risk management, and sustainable development, including social policy, charity and environmental aspects. The Board of Directors is also involved in some of the most important operational matters or those requiring regular supervision, such as reliable functioning of the Company’s facilities, including in the Far Eastern Federal District, approval of individual transactions, management of subsidiaries, etc. [102–26]

The Board of Directors consists of 13 directors and operates based on the Regulations on the Procedure for Convening and Holding the Board of Directors’ meetings of RusHydro.

The transparency of the Board of Directors election process is ensured by a dedicated Board of Directors’ committee assessing candidates for compliance with the independence criteria.