Remuneration and reimbursement for the Auditing Commission members
According to the effective Regulations on the Remuneration and Reimbursement Paid to the Auditing Commission of the CompanyThe Regulations on the Remuneration and Reimbursement Paid to the Auditing Commission of the Company is published on the Company’swebsite in the About the Company / Constituent and Internal Documents section.
The Regulation is applied to the members of the Auditing Commission, in respect of which the federal law prescribes a restriction or prohibition on receipt of any payments from commercial organisations., as approved by the annual General Meeting of Shareholders dated 25 May 2018 (Minutes No. 40 dated 28 May 2018), the members of the Auditing Commission receive remunerations depending on the results of the work during the corporate year and their involvement with the work of such controlling body.
The remuneration amount for the Auditing Commission is calculated while taking into consideration the following:
- Size of the base part of the remuneration set according to the Company RAS profits for the financial year
- Personal involvement modifier for the Auditing Commission members, reflecting their participation in meetings and inspections, as well as their fulfilment of additional duties as chairman or secretary of the Auditing Commission.
No remuneration is paid to a member of the Auditing Commission who has not participated in more than half of the meetings held during their membership in the Auditing Commission.
Reimbursement of expenses related to the participation in the meetings of the Auditing Commission is performed to the extent of the real expenditures according to the standard regulations.
The expenses of the Auditing Commission members were not reimbursed in the reporting year. For the members of the Auditing Commission, the Company has no remuneration or reimbursement payments overdue.
