Information on the internal control and risk management function

The Company’s organisational structure was approved by decision of the Board of Directors (Minutes No. 241/2016 dated 31 May 2016). As a result, the Internal Control and Risk Management Department was established that is an independent unit responsible for the implementation, development and improvement of the Company’s unified framework to building internal control and risk management systems, as well as for methodological and organisational support for the implementation of preventive and current control in the Company.

In accordance with the Company’s risk management and internal control policy and the Regulations on the Internal Control and Risk Management Department, the following functions and tasks are assigned to the department:

• Coordination and methodological support for the RM&ICS
• Implementation of control measures on RM&ICS issues
• Prevention of corruption and management of corruption risks
• Control over counterparties’ financial stability, support for liquidation and bankruptcy procedures