Personnel and Remuneration Committee

Committee establishment date 6 August 2010
Date and number of the minutes of the Board meeting, at which the Regulations on the Committee (as amended) were approved No. 194/2014 dated 1 August 2014
Key tasks of the Committee

To develop recommendations (conclusions) concerning the following issues and submission of them to the Board of Directors:

  • Establishing criteria for selecting and evaluating candidates for the Board of Directors and executive bodies of the Company
  • Establishing principles and criteria for determining the remuneration of members of the Company’s governing bodies
  • Determining the material terms of employment agreements with Board members and executive bodies
  • Conducting regular assessment of the performance of the Director General and members of the Management Board
  • Determining remunerations for the members of the Board of Directors
Members of the Board of Directors in office in the reporting year

The members of the Committee serving from 20 June 2022 to 27 June 2023:

1. Alexander Kazakov (Chairman of the Committee), member of the Board of Directors of Rosseti Kuban, PJSC

2. Yulia Kuznetsova, Acting Deputy General Director for HR Management of Rosseti, PJSC

3. Irina Kosinskaya, Deputy Head of HR Management Department of Rosseti, PJSC

Current membership of the Committee elected on 14 August 2023:

1. Daria Borisova (Chairman of the Committee), HR Director, Rosseti, PJSC

2. Alexander Kazakov member of the Board of Directors of Rosseti Kuban, PJSC

3. Konstantin Suvorovskiy, Head of the Remuneration, Organisational Design and Personnel Administration Department at Rosseti, PJSC

Performance results of the Committee in the reporting year Indicator 2021 2022 2023
Number of Committee meetings held 18 13 13
  • Including in person (in mixed format)
 – – –
Number of issues discussed 28 26 18
Share of issues preliminarily considered by the Committee with preparation of recommendations to the Board of Directors in the total number of issues considered (%) 82.1 69.2 72.2
Average attendance of the Committee meetings by the Committee members (%) 98.8 100 100

Recommendations were made to the Board of Directors concerning the following issues:

  • On the evaluation of the Board of Directors and its committees and on consideration of the results
  • On changes to the composition of the Company’s Management Board
  • On approval of the terms and conditions of labour remuneration and the amount of the maximum annual remuneration of the Company’s executives
  • On approval of the agreement to the Company’s collective bargaining agreement for 2023–2025
  • On approval lists of KPIs and functional KPIs of the management staff and their target values
  • On approval of General Director KPI achievement reports
  • On review of the report of the Personnel and Remuneration Committee on works performed in the 2022–2023 corporate year
  • On approval of the Corporate Secretary performance report

In addition, the Personnel and Remuneration Committee of the Board of Directors reviewed the status of the management and youth talent pools and approved their members