Management Board

The Management Board is responsible for the implementation of the Company’s goals, strategy and policy and manages the day‑to‑day operations within its remit.

The key objectives of the Management Board:

To uphold the rights and legitimate interests of the Company’s shareholders
To prepare suggestions on the Development Strategy of the Company
To implement the financial and economic policy of the Company, drawing up decisions on the major issues related to its current economic operations and coordinating the operation of its departments
To increase the efficiency of the internal control and risk monitoring systems
To ensure a high level of income from the Company’s assets and the maximum profit from the Company’s operations

Relations of the Board of Directors and Management Board of the Company:

The Board of Directors elects the members of the Management Board, establishes the remuneration and compensation paid to them, monitors the compliance of the Management Board’s activities with the Company’s approved strategy, and hears the Management Board’s progress reports on the Company’s approved strategy
The Management Board develops and submits prospective plans for the implementation of the Company’s core activities, business plan, annual report, follow‑up report on how the Management Board fulfils the resolutions of the General Meeting of Shareholders and the Board of Directors

The Company’s Management Board acts in compliance with the Articles of Association and the Regulations on the Management BoardThe Regulation on the Management Board of Rosseti Kuban, PJSC is published on the Company’s website in the About the Company / Constitutive and Internal Documents section. approved by the resolution of the General Meeting of the Shareholders.

Composition of the Management Board

During the reporting year, the number of members of the Company’s Management Board decreased from 9 to 7 members as L Loskutova and O. Nishchuk were removed from the Management Board.

Current membership of the Management Board at the end of the reporting year

1. BORIS EBZEEV, Chairman of the Management Board

Year of birth		1975
Education		Higher. Graduated from Lomonosov Moscow State University, with major in Law, Lawyer. Holds a candidate degree in Legal Sciences
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to
2014	present time	Rosseti South, PJSC	Chairman of the Management Board, General Director
	2019	Donenergo, JSC	Member of the Board of Directors
2015	present time	Rosseti South, PJSC	Member of the Board of Directors
2018	present time	VMES, JSC	Chairman of the Board of Directors
2021	present time	Rosseti Kuban, PJSC	Member of the Board of Directors, Chairman of the Management Board, Acting General Director (part‑time)
Date of entry of the Chairman of the Company’s Management Board into office		18 May 2021

2. EDGAR ARMAGANYAN

Year of birth		1984
Education		Higher. Graduated from: Kuban State Agrarian University, with major in Electrification and Automation, Engineer Moscow Institute of Entrepreneurship and Law, with major in Organisation Management, Manager Additional education: Bauman Moscow State Technical University, major in Management with Professional Status of Organisation Controlling Kuban State University, with major in Jurisprudence: Civil Law Relations
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to	Organisation	Position
2009	present time	Rosseti Kuban, PJSC	First Deputy General Director — Director of Sochi Power Grids Branch
2016	present time	Energoservice Kuban, JSC	Chairman of the Board of Directors
Date of election to the Management Board		28 August 2014

3. YULIA GALINOVA

Year of birth		1978
Education		Higher. Graduated from the International Institute of Economics and Law, with major in Jurisprudence, Lawyer
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to
2014	2021	Rosseti Kuban, PJSC	Deputy Head of the Legal Support Department
2021	present time		Deputy Director General for Corporate Governance
Date of election to the Management Board		30 September 2021

4. JULIANNA JABRAILOVA

Year of birth		1981
Education		Higher. Graduated from: Kuban Institute of International Business and Management, with major in Finance and Credit, Economist Kuban State Agrarian University, with Bachelor’s degree in Agro‑Engineering
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to
2014	present time	Rosseti South, PJSC	Deputy General Director — Head of the Office
2016			Member of the Management Board
2016		Energetik Recreation Facility, JSC	Chairman of the Board of Directors
2017		Rosseti South, PJSC	Director of Kubanenergo branch (part‑time)
2018		ERA of Russia Association	Member of the Supervisory Board
2021		Rosseti Kuban, PJSC	Deputy General Director — Head of the Office (part‑time)
Date of election to the Management Board		30 June 2021

5. KIRILL IORDANIDI

Year of birth		1985
Education		Higher. Graduated from: University of Indianapolis (Indiana, USA), with major in Economics and Finance International College (Intercollege, Republic of Cyprus), with major in Management South Russian State University of Economics and Service, with Master’s degree in Management Completed professional retraining under the MBA programme on “Management and regulation of economic activities in the international electric power industry” with professional qualifications in “Master of Business Administration” at the Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of Russia
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period			Organisation	Position
from	to
2016	2021		Rosseti South, PJSC	Head of the Department of Economics
2017	present time		Energetik Recreation Facility, JSC	Member of the Board of Directors
	2021		Sokolovskoye Agricultural Enterprise, JSC	Chairman, member of the Board of Directors
2018	2018		IDGC of South, PJSC	Deputy Director for Economics and Finance (part‑time) of Volgogradenergo branch
2019	2021		YugStroyMontazh, LLC	Member of the Board of Directors
2021	present time		Rosseti South, PJSC	Deputy General Director for Economics and Finance, member of the Management Board
	2021		Rosseti Kuban, PJSC	Assistant General Director, Acting Deputy General Director for Economics and Finance (part‑time)
	present time			Deputy General Director for Economics and Finance (part‑time), member of the Strategy Committee of the Board of Directors
Date of election to the Management Board			30 September 2021

6. VIKTOR KORZHANEVSKIY

Year of birth		1977
Education		Higher. Graduated from Serikbayev East Kazakhstan Technical University, with major in Instrumentation, Electrical Engineer
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to
2015	2018	Technical Customer Centre, JSC	Deputy General Director for Capital Construction
2019	2020	Rosseti Kuban, PJSC	Head of the Capital Construction Department; then Head of the Capital Construction Department and Acting Deputy General Director for Capital Construction without release from the main work defined by the employment agreement
2020	present time	Rosseti Kuban, PJSC	Deputy General Director for Investments
		Energoservice Kuban, JSC	Member of the Board of Directors
Date of election to the Management Board		27 August 2020

7. VLADIMIR MIKHAILOV

Year of birth		1982
Education		Higher. Graduated from: South Russian State Technical University (Novocherkassk Polytechnic Institute), with major in Electrical Systems and Grids, Engineer FSBE Kuban State Agrarian University n.a. I. Trubilin, with Master’s degree in State and Municipal Management Completed a professional retraining course in occupations: Safety of technological processes and production in power engineering and power supply, South Russian State Technical University (Novocherkassk Polytechnic Institute) Management, MSTU n.a. N.E. Bauman Completed the advanced training courses on: Information Security. Security of restricted access information that does not contain information constituting a state secret using cryptographic and non‑cryptographic methods», Informzaschita Training Centre, an autonomous non‑profit organisation of additional professional education
Information on employment of a member of the Management Board and on participation in governing bodies of other organisations over the last 5 years:
Period		Organisation	Position
from	to
2011	2018	Kubanenergo, PJSC	Director of Krasnodar Power Grids branch
2020	2021	Southern Energy Company, LLC	Executive Director
2022	2022	Rosseti Kuban, PJSC	Assistant Director General of Business Administration in the Department of Business Administration, Acting Deputy Director General for Technical Affairs — Chief Engineer
	present time	Rosseti Kuban, PJSC	Deputy General Director for Technical Affairs — Chief Engineer, member of the Reliability Committee of the Board of Directors
		Energoservice Kuban, JSC	Member of the Board of Directors
Date of election to the Management Board		11 October 2022

None of the Management Board members held any positions in the governing bodies of any commercial organisations when bankruptcy procedures were initiated and/or implemented against these companies as specified by the insolvency (bankruptcy) laws of the Russian Federation.

None of the Company’s Management Board:

Owned the Company shares or closed transactions with them during the reporting yearAccording to the data provided to the Company by the Management Board members.
Made any transactions with the Company in the reporting year
Received any loans (credits) from the Company
Had family ties with people who are members of the bodies that manage and/or control the financial and economic activities of the Company
Was held administratively liable for financial improprieties, offence regarding tax and fees or security market, or had any criminal record for economic crimes or crimes against the state
Had any conflicts of interest with the Company

Performance of the Management Board

Indicator	2021	2022	2023
Number of meetings held	43	46	43
In person	2	–	–
Number of issues discussed	157	215	191

Breakdown of the issues discussed by the Management Board in 2023