МЕНЮResolutions of the Board meeting conducted on Dec. 28, 2016
30 December 2016On Dec. 28, 2016 the Board of Directors has conducted an in-absentia Board meeting. In the course of the meeting directors have scrutinized and decided on the range of corporate issues.
The Board of Directors has adopted the Series 001R Exchange-Traded Bond Program and Prospectus regarding exchange-traded bonds to be placed under the Series 001R Exchange-Traded Bond Program. Registration of the Exchange-Traded Bond Program (with total par value of RUB 25 billion and max-30Y maturity) allows the Company to use this debt instrument with more flexibility and ensures optimal funding conditions when the market is bond-friendly.
The Board of Directors has approved the following insurance firms as the Company’s underwriters:
| Type of insurance | Insurer | Insurance period |
| Comprehensive motor insurance | SOGAZ, АО | 01.01.2017-31.12.2017 |
| Private medical insurance | SOGAZ, АО | 01.01.2017-31.12.2019 |
| Private accident and illness insurance | SOGAZ, АО | 01.01.2017-31.12.2019 |
Besides, the Board of Directors has adopted the Company’s 2017 Insurance Coverage Program, Company’s 2017 Procurement Program, examined the 9M 2016 progress report with regard to non-core asset sale, revised the Company’s CEO KPI Calculation and Evaluation Methodology as well as adopted resolutions with regard to other agenda items.
