Committees of the Board of Directors

 In order to ensure effective implementation by the Company’s Board of Directors of its functions in relation to overall management of the Company, the Committees of the Board of Directors were established:

  • Reliability Committee,
  • Audit Committee,
  • Committee for Strategy, Development, Investment and Reforming
  • HR and Remuneration Committee,
  • Committee for Technological Connection.

The Committees have the status of advisory bodies engaged in profound elaboration of issues within the competence of the Board of Directors with subsequent preparation of recommendations for the Board of Directors.

Activities of all Committees are governed by respective regulations establishing purposes and tasks of the Committee, the procedure for establishment thereof and organization of its work*.

Personal composition of each Committee is elected by the Board of Directors of the Company from the candidates proposed by the Board Members.

In the reporting year, all issues subject to preliminary consideration by the Committees of the Board of Directors requiring the analysis and recommendations (opinions) for the Company’s Board of Directors were considered by the Committees in due time, and the recommendations were taken into account by the Board of Directors when making decisions.

Find the Minutes of Meetings of the Board of Directors of PJSC Kubanenergo on the web–site www.kubanenergo.ru – section About the Company / Management  / Committees under the Board of Directors.

Members participating in meetings of the Committees of the Board of Directors are entitled to respective remuneration. Total amount of remuneration paid to members of the Committees of the Board of Directors in 2015 amounted to RUB 1,564 thou. The Company has no outstanding amounts payable to any members of the Committees.

Reliability Committee

Audit Committee

Committee for Strategy, Development, Investment and Reforming

HR and Remuneration Committee

Committee for Technological Connection


* Find the Regulations on the Committees of the Company’s Board of Directors on the web-site: www.kubanenergo.ru - section About the Company / Constituent and in-house documents

** Positions of members of the Committees of the Board of Directors are indicated as of the time of their election.