Corporate governance

We define corporate governance as a set of processes ensuring that the company is governed and managed in the best interest of its shareholder. These processes cover relationships between our shareholder, Board of Directors and executive team.

Governing bodies of JSC Inter RAO — Electric Power Plants
Annual General Meeting

Annual General Meeting is company’s highest decision-making body.
Since one single shareholder owns all company’s voting shares, this shareholder makes in writing all resolutions on the matters in the authority of Annual General Meeting.

Board of Directors
Matveev Aleksandr Vadimovich

Chairman of the Board and Head of Engineering Policy Department, Operations Division, PJSC Inter RAO

Kiselev Alexandr Aleksandrovich

Head of Strategy and Strategic Projects Department, Strategy and Investment Division, PJSC Inter RAO

Timokhin Aleksey Sergeevich

Director of Economics, PJSC Inter RAO

Emelianova Olga Viktorovna

Head of Tax and Public Law Department, Legal Affairs Division, PJSC Inter RAO

Kuznecov Dmitry Sergeevich

Head of Security and Regime Division, PJSC Inter RAO

Sole Executive Authority

On August 1, 2011, LLC Inter RAO — Management of Electric Power Plants was appointed the sole executive authority of JSC Inter RAO — Electric Power Plants.