On Aug. 31, 2018 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 administrative and corporate issues.
During the meeting the Board of Directors has approved the membership of the Board of Directors’ Technological Connection Committee. The 5-member Committee is headed by Aleksandr Yuryevich Korneev.
The composition of the Committee is as follows:
Besides, the Board of Directors has specified the auditor’s fee, examined the 2Q 2018 CEO’s progress report with regard to the sale of non-core assets, 2Q 2018 insurance coverage report, report with regard to execution of the Board of Directors’ assignments and approved Amended and Restated Guidelines on the Determination of Spare Capacity of Company’s Main Substations and Company’s 2H 2018 Non-state Pension Plan.