Nomination and Remuneration Committee
In accordance with the Regulations for the Nomination and Remuneration Committee of the Board of Directors of JSC IDGC Holding approved by the decision adopted by the Board of Directors of JSC IDGC Holding on September 8, 2010 (Minutes No. 43), the principal objectives of the Committee are as follows:
1) defining selection criteria for nominees for members of the Management Board and the Director General the Company and preliminarily evaluating such nominees;
2) developing proposals to define material terms and conditions of employment contracts with members of the Management Board and the Director General the Company;
3) developing principles and criteria of remuneration for members of the Board of Directors, members of the Management Board, the Director General the Company, the management company or the manager;
4) regularly evaluating the activities of the Director General the Company (the management company or the manager) and members of the Management Board and preparing proposals to the Board of Directors of the Company as to whether they can be reappointed;
5) developing principles and criteria related to remuneration for the Chairman and members of the Internal Audit Committee of the Company;
6) formulating recommendations for the formation of the personnel reserve of the Company and its subsidiaries and dependent companies.
2. Pursuant to the decision adopted by the Board of Directors of JSC IDGC Holding on August 18, 2010, (Minutes No. 41) the Committee was composed of three (3) people.
3. Members of the Committee:
Pursuant to the decision adopted by the Board of Directors of JSC IDGC Holding on October 7, 2011, (Minutes No. 64) the following persons were approved as the members of the Nomination and Remuneration Committee of the Board of Directors of JSC IDGC Holding, composed of four (4) people:
1) defining selection criteria for nominees for members of the Management Board and the Director General the Company and preliminarily evaluating such nominees;
2) developing proposals to define material terms and conditions of employment contracts with members of the Management Board and the Director General the Company;
3) developing principles and criteria of remuneration for members of the Board of Directors, members of the Management Board, the Director General the Company, the management company or the manager;
4) regularly evaluating the activities of the Director General the Company (the management company or the manager) and members of the Management Board and preparing proposals to the Board of Directors of the Company as to whether they can be reappointed;
5) developing principles and criteria related to remuneration for the Chairman and members of the Internal Audit Committee of the Company;
6) formulating recommendations for the formation of the personnel reserve of the Company and its subsidiaries and dependent companies.
2. Pursuant to the decision adopted by the Board of Directors of JSC IDGC Holding on August 18, 2010, (Minutes No. 41) the Committee was composed of three (3) people.
3. Members of the Committee:
Pursuant to the decision adopted by the Board of Directors of JSC IDGC Holding on October 7, 2011, (Minutes No. 64) the following persons were approved as the members of the Nomination and Remuneration Committee of the Board of Directors of JSC IDGC Holding, composed of four (4) people:
- Viktor Vasilyevich Kudryavy (Chairman of the Committee), member of the Board of Directors of JSC IDGC Holding, Advisor to President of EUROCEMENT Group ZAO;
- Sergey Renatovich Borisov (member of the Committee), member of the Board of Directors of JSC IDGC Holding, President of OPORA RUSSIA All-Russian Public Organization of Small and Medium Business;
- Valery Alekseyevich Gulyaev (member of the Committee), member of the Board of Directors of JSC IDGC Holding, Deputy General Director for Procurement and Logistics of OAO OGK-2 and OAO OGK-6;
- Denis Vladimirovich Fedorov (member of the Committee), member of the Board of Directors of JSC IDGC Holding, Head of the Division for Energy Sector Development and Electric Power Industry Marketing of the Department of Marketing and Processing of Gas and Liquid Hydrocarbons of OAO Gazprom.