OREANDA-NEWS. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on April 4, 2016.

***

The Board of Directors included the following candidates to the Board of Directors to be voted at 2016 AGM [1]:

  • Artem Avetisyan, New business division, Agency for Strategic Initiatives for New Projects Promotion;
  • Nikolai Shulginov, Chairman of the Management Board — Director General of PJSC RusHydro;
  • Maxim Bystrov, Chairman of the Management Board, JSC ATS, NP Market Council;
  • Vyacheslav Kravchenko, Deputy Minister of Energy of the Russian Federation;
  • Pavel Grachev, CEO, PJSC Polyus Gold;
  • Yuri Trutnev, Deputy Chairman of the Government of the Russian Federation — Plenipotentiary Representative of the President in the Far Eastern Federal District;
  • Sergei Ivanov, General Director, Russian Energy Company (ERCO);
  • Vyacheslav Pivovarov, President, Altera Capital;
  • Nikolay Podguzov, Deputy Minister for Economic Development of the Russian Federation;
  • Alexei Chekunkov, General Director , Far East Development Fund;
  • Sergey Shishin, Senior Vice-President, VTB Bank (PJSC);
  • Nikolai Rogalev, Rector, MPEI, Federal Research University;
  • Igor Sechin, Chairman of Management Board, Deputy Chairman of Board of Directors, PJSC Rosneft;
  • Boris Kovalchuk, Chairman of the management Board, PJSC InterRAO;
  • Larisa Kalanda, Vice-President, PJSC Rosneft;
  • Andrei Shishkin, Vice-President for Energy and Localization, PJSC Rosneft;
  • Maria Tikhonova, Member of the Management Board, Deputy Chairman of the Management Board of JSC FGC UES;
  • Sergei Gabestro, General Director, National Association of Procurement Institutes;

***

The Board of Directors included the following candidates to Audit Commission of the Company[2]:

  • Natalia Annikova, First Deputy General Director, JSC Construction Department №308;
  • Denis Kant Mandal, Deputy Head of Department, Federal Agency for State Property Management;
  • Igor Repin, Deputy Executive Director, Association for Protection of Investors;
  • Alexander Bogashov, Head of Division of a Department, Ministry of Energy of the Russian Federation;
  • Vladimir Khvorov, Leading Expert of Department of the Ministry of Economic Development of the Russian Federation.

***

The Board of Directors accepted proposal on the agenda for the AGM on results of 2015 submitted by the Federal Agency for State Property Management, representing the Russian Federation as shareholder, owning 66.84%[3] of the Company voting shares. The Agenda contains the following items:

  • Approval of the annual report
  • Approval of accounting (financial) reports
  • Approval of distribution of Company 2015 profit
  • On dividends: volume, timeline and form of payment, date of record for dividend payment eligibility
  • On compensation to Board of Directors members, not employed by government agencies
  • Election of the Board of Directors
  • Election of the Audit Commission
  • Approval of the auditor

Agenda of the AGM on results of 2015 will be approved on one of the next meetings of the Board of Directors.


[1] Work and position as of the nomination date

[2] Work and position as of the nomination date

[3] Number of shares belonging to the shareholder as of the date of proposal