RusHydro Announced Results of Board of Directors Meeting
OREANDA-NEWS. JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia.
The Board of Directors accepted a proposal of the Russian Federation, represented by the Federal Property Management Agency, holder of 66.8370% of RusHydro's voting shares, on inclusion of the following items in the agenda of the Company's Annual General Meeting of shareholders (AGM): approval of the annual report and annual accounting statements, including the use of profit for 2013; dividend payment for 2013 and dividend record date; remuneration of members of the Board of Directors, election of members to the new Board of Directors and Audit Commission and approval of the Company's auditor.
The AGM agenda and date will be determined on one of the following meetings of the Board of Directors.
The Board of Directors approved the following candidates to the new Board of Directors for upcoming election at the AGM:
Boris Ayuev, Chairman of the Management Board, JSC System Operator of UES;
Maxim Bystrov, Chairman of the Management Board, JSC TSA;
Viktor Danilov-Danilyan, Director, Water Engineering Institute, Russian Academy of Sciences;
Evgeny Dod, Chairman of the Management Board, JSC RusHydro;
Viktor Zimin, Chairman of the Government, Republic of Khakassia
Vyacheslav Kravchenko, Deputy Minister of Energy of the Russian Federation;
Denis Morozov, Director from the Russian Federation in the Board of Directors of European Bank for Reconstruction and Development (EBRD);
Vyacheslav Pivovarov, Chief Executive Officer, Altera Capital;
Mikhail Poluboyarinov, First Deputy Chairman, Management Board Member, Vnesheconombank;
Vladimir Stolyarenko, Professor, National research university, the Higher School of Economics;
Dr. Andreas Christian Berndt, Chief Executive Officer, JSC EF-TEK;
Eduard Volkov, General Director, Power Engineering Institute;
Sergey Ivanov, General Director, JSC Energy Russian Company;
Larisa Kalanda, State Secretary-Vice President, Rosneft, interim General Director, OJSC ROSNEFTEGAZ;
Sergey Shishin, Senior Vice-President, VTB Bank;
Andrey Shishkin, Vice President, Rosneft.
The Board of Directors included the following candidates to the new Audit Commission for upcoming election at the AGM:
Alexander Bogashov, Department Advisor at the Ministry of Energy of Russia;
Denis Kant Mandal, Acting Head of department at the Federal Property Management Agency;
Igor Repin, Deputy Executive Director, Investor protection association;
Vladimir Khvorov, Senior Expert of department at the Ministry of Economic Development of Russia;
Andrey Yudin, Deputy Head of department at the Ministry of Energy of Russia.