General Director

The Company’s operations are controlled by the sole executive body of the Company – the General Director. The competence includes all current operating issues, except for the issues referred to the competence of the General Shareholder Meeting, Board of Directors and Management Board. Valery Nikolayevich Rodin was the Company’s General Director since 30.03.2009 till 30.04.2014. The CEO’s share in the charter capital totals 0.0081%. There were no transactions on acquisition or alienation of shares during the reported year. Since 01.05.2014 Yury Vyacheslavovich Lebedev is the Acting General Director. The share in the charter capital: none.

The CEO’s remuneration, according to item 18.6. of the Charter, is determined by the contract concluded between him and the Company. The conditions of the labor contract are approved by the BoD.

Overall remunerations paid out to the BoD members during 2013 totaled RUR 26 641 thous. Overall remunerations paid out to the MB members, including the sole executive body, totaled RUR 101 698 thous.