Company management

Board of directors Management

Igor Sechin

Chairman of the Board of Inter RAO

Chief Executive Officer, Chairman of the Management Board, Deputy Chairman of the Board of Directors of Rosneft

Year of birth: 1960

Education: Graduated from Leningrad State University in 1984, PhD in Economics.

Nationality: Russian Federation

Appointments over the last 5 years:

Since 2012 — Chief Executive Officer, Chairman of the Management Board, Deputy Chairman of the Board of Directors of Rosneft
2008–2012 — Deputy Prime Minister of the Russian Federation
2004–2008 — Deputy Chief of Staff of the Presidential Executive Office of the Russian Federation- Aide to the President of the Russian Federation

Positions in corporate governance over the last 5 years:

Since 2016 — Chief Executive Officer, Chairman of the Management Board, Deputy Chairman of the Board of Directors of Rosneft
2012–2016 — President, Chairman of the Management Board, JSC Oil Company Rosneft
Since 2012 — Chairman of the Board of Directors, JSC ROSNEFTEGAZ
Since 2012 — Chairman of the Supervisory Board, CJSC Professional Hockey Club CSKA
Since 2009 — Chairman of the Board of Directors, Member of the Board of Directors, LLC National Oil Consortium
2008–2011 — Chairman of the Board of Directors, JSC INTER RAO UES
2008–2011 — Chairman of the Board of Directors, JSC United Shipbuilding Corporation
2006–2011 — Chairman of the Board of Directors, JSC ROSNEFTEGAZ
2004–2011 — Chairman of the Board of Directors, JSC Oil Company Rosneft
2000 – 2004 - Deputy Head of the Executive Office of the President of the Russian Federation

Owns no shares in PJSC Inter RAO.

Dmitry Shugaev

Deputy Chairman of the Board of Inter RAO

CEO of Federal Service For Military-Technical Cooperation

Date of birth: 1965.

Education:

Graduated from the Moscow State Institute of International Relations in 1987

Nationality: Russian Federation

Appointments:

2017 – CEO of Federal Service For Military-Technical Cooperation
2008 – 2017 - Deputy CEO, Russian Technologies State corporation
Since 2008 — Head of CEO Administration, Russian Technologies State corporation
2001 through 2008 — Advisor to Deputy CEO, Assistant to First Deputy CEO and Head of CEO Administration; Rosoboronexport
Positions in corporate governance bodies:
Chairman of the board of the directors in TVK Russia, Marketing Investments and Projects
Deputy Chairman of the Supervisory Board in National Aviaconstruction Centre
Member of the Board of Directors: Rosneft Oil Company, INTER RAO UES, NPO Saturn.

Owns no shares in PJSC Inter RAO.

Boris Kovalchuk

CEO PJSC Inter RAO

Year of birth: 1977

Education: St. Petersburg State University.

Nationality: Russian Federation

Appointments over the last 5 years:

Current: CEO PJSC Inter RAO
2009–2010: Acting Chairman of the Management Board, Chairman of the Management Board of INTER RAO UES
2009: Vice President of Development, Rosatom State Atomic Energy Corporation
2006–2009: Head of Priority National Projects Department of the Government of Russia

Awards:

2011: Honorary Power Engineer
2012: Order of Honour
2014: Commemorative Medal and Order of Friendship "For Great Contribution to the Preparation and Conduct of the XXII Olympic Winter Games and the XI Paralympic Winter Games 2014 in Sochi"

Other assignments:

Member of the Supervisory Board, JSC Russian Regional Development Bank
Board Member, RIG RESEARCH PTE. LTD
Member of the Management Board, Russian Union of Industrialists and Entrepreneurs

Owns no shares in PJSC Inter RAO.

Boris Ayuyev

Chairman of the Management Board, SO UPS, JSC

Year of birth: 1957

Education: graduated from the Ural Polytechnic Institute, majoring in Power Plants. Doctor of Engineering.

Nationality: Russian Federation

Appointments over the last 5 years:

2004–present: Chairman of the Management Board and member of the Board of Directors at JSC System Operator of the United Power System

Positions in corporate governance over the last 5 years:

2015–present: Member of the Executive Committee of Non-Profit Partnership Russian National Committee of International Council on Large Electric Systems;
2013–present: Member of the Board of Directors at PJSC Rosseti;
2012–2015: Member of the Board of Directors at PJSC Federal Hydro-Generating Company RusHydro;
2009–2015: President of the Russian National Committee of International Council on Large Electric Systems;

Owns 7 306 329,79 shares in PJSC Inter RAO (0,007% of the Company's charter capital).

Andrey Bougrov

Independent Director

Senior vice-president, PJSC Mining and Metallurgical Company Norilsk Nickel

Year of birth: 1952.

Education: Majored in International Economics at Moscow State Institute of International Relations. Holds a Candidate of Sciences in Economics degree (PhD. equivalent).

Nationality: Russian Federation

Appointments over the last 5 years:

2015-present - Senior vice-president, MMC Norilsk Nickel.
2015 - Vice President — Government and Investor Relations
2013-2015 - Deputy CEO for GR and IR, OJSC MMC Norilsk Nickel.
2010-2013 – Deputy CEO, Member of the Management Board, Interros Company.
2004-2010 – Managing Director, Member of the Board of Directors, CJSC Interros Holding Company.

Positions in corporate governance over the last 5 years:

2013-2014 - Member, Board of Directors , OJSC RusHydro.
2011-2013 - Chairman of the Board of Directors, MMC Norilsk Nickel
2008 – 2011 - Chairman of the Board of Directors,ProfMedia Management
– 2010 - Chairman of the Board of Directors, Interros Company

Additional positions in further companies:

Member of The Bretton Woods Committee, Washington D.C.
Member of the Russian Federation Council for Foreign and Defense Policy.
Member of the Russian Federation Ministry of Foreign Affairs Business Council.
Member/Vice-President of the Russian Union of Industrialists and Entrepreneurs.
Member of the Presidential Anti-Corruption Department Advisory Board.

Owns no shares in PJSC Inter RAO.

Denis Fedorov

Head of the Directorate for Power Sector Development and Marketing in Power Generation, Gazprom OJSC, General Director of OJSC Tsentrenergoholding, General Director of Gazprom energoholding LLC

Date of birth: 1978

Nationality: Russian Federation

Education:

Graduated from the Bauman Moscow State Technical University and received the Candidate of Economic Sciences from the Moscow Power Engineering Institute.

Appointments:

Since 2009 - CEO of Gazprom Energoholding (previously known as Gazoenergeticheskaya Kompania).
Since 2007 - Head of Department for Development and Marketing of the Electricity Sector, a Division of Gazprom .
2006 - 2008 — CEO, Mezhregionenergosbyt.
2006 - 2007 — Advisor to CEO of Gazprom Mezhregiongaz (then Mezhregiongaz).
2003 - 2006 — Head of Investment Technologies and Technology Projects Department, EvroSibEnergo-Engineering; Head of Investment Department, Gazenergoprom.

Owns no shares in PJSC Inter RAO.

Anatoly Gavrilenko

Chief Executive Officer, Leader CJSC

Date of birth: 1972

Education:

Graduated from Moscow State University in 1995 majoring in Economic cybernetics. Graduated from Moscow State University in 2001 majoring in Jurisprudence.

Nationality: Russian Federation

Appointments:

Since 2008 – Member of the Board of Directors, JSC Gazprombank
Since 2008 - Chief Executive Officer, CJSC Leader
2001 – CEO PMC “Agana”
1998 – 2001 – Executive Director, Director for Strategic Financial Planning, CEO, CJSC Alor Invest

Owns no shares in PJSC Inter RAO.

Alexander Lokshin

Independent Director

First Deputy Director General for Operations Management, State Atomic Energy Corporation Rosatom

Year of birth: 1957

Education: Kalinin Leningrad Polytechnic Institute, Academy of National Economy under the Government of Russian Federation

Nationality: Russian Federation

Appointments:

Since July 1, 2008 — Vice President of Nuclear Energy Sector, State Atomic Energy Corporation Rosatom.
July 2007 through June 2008 — Acting CEO, Concern Rosenergoatom.
April 2006 through July 2007 — First Deputy CEO, Concern Rosenergoatom.
October 2002 through April 2006 — Deputy CEO of Concern Rosenergoatom; Head of Rosenergoatom's Smolensk Nuclear Power Plant subsidiary.

Experience with corporate governance over the last 5 years:

MAKS, Member of the Board
EGMK-Proekt, Member of the Board
Concern Rosenergoatom, Chairman of the Board
TVEL, Chairman of the Board
Atomredmetzoloto, Chairman of the Board
Atomstroyexport, Chairman of the Board
Sovet Rynka, Member of the Supervisory Board
INTER RAO UES, Board Member

Owns no shares in PJSC Inter RAO.

Andrey Murov

Member of the Management Board, First Deputy Director General – Executive Director, Rosseti, PJSC

Year of birth: 1970.

Education:

In 1993, graduated from the Faculty of Law of St. Petersburg State University majoring in Jurisprudence.
In 1998, underwent retraining program "Financial Management" at the Interdisciplinary Institute of Executive Staff Refresher Training and Retraining.
In 2009, he graduated from the State University of Civil Aviation majoring in "Organization of transportations and management on transport (air transport)".
He is awarded the academic degree Doctor of Engineering Science.

Nationality: Russian Federation

Appointments over the last 5 years:

2020 – present – Member of the Management Board, First Deputy Director General – Executive Director, Rosseti, PJSC.
2013–2020 – Chairman of the Management Board, JSC “FGC UES”.
July 2012 to 2013 – First Deputy Chairman of the Management Board, JSC “FGC UES”
July 2012 – June 2013 – Executive Director, OJSC “MRSK Holding Company”

Positions in corporate governance over the last 5 years:

Member of the Board of Directors, JSC Inter RAO
Member of the Management Board, JSC “FGC UES”.

Government awards

Awarded the Medal of the Order of Merit for the Fatherland, II grade, Order of Honor, has Certificates of Merit and appreciation of the Governor and the administration of Saint Petersburg.

An honorable worker of transport of Russia.

Owns no shares in PJSC Inter RAO.

Ronald James Pollett

Independent Director

Vice President GE
President and CEO of GE in Russia and CIS

Year of birth: 1969

Education: Honors standing the Kolgate University (State of New York) in 1991

Nationality: USA

Appointments over the last 5 years:

Since 2008 - President and Chief Executive Officer, GE in Russia and CIS
2001-2007 - National Executive for GE in Russia and CIS

Positions in corporate governance over the last 5 years:

Since 2008 - Member of the Board of Directors, GE Money Bank in Russia
Since 2007 - Chairman of the Board of Directors, American Chamber of Commerce in Russia
Since 2001 - Member of the Board of Directors. American Chamber of Commerce in Russia

Owns no shares in PJSC Inter RAO.

Elena Sapozhnikova

Senior Independent Director

Partner Digital Horizon

Year of birth: 1978

Education: graduated from Lomonosov Moscow State University in 2000.

Nationality: Russian Federation

Appointments over the last 5 years:

2019– present: Partner Digital Horizon;
2017–2019: Partner, UCP Group, LLC United Capital Partners Advisory;
2013–2017: Executive Director, UCP Group, LLC United Capital Partners Advisory;
2013–2013: Lawyer at a subsidiary of Freshfields Bruckhaus Deringer LLP (Great Britain) in Moscow;
2004–2013: Lawyer at a representative office of Freshfields Bruckhaus Deringer LLP (Great Britain) in Moscow.

Appointments in Governing bodies over the last 5 years:

2017 – present: Member of Stakeholders Relationship Committee, Nayara Energy Limited;
2017 – present: Member of Audit Committee, Inter RAO;
2017 – present: Member of Human Resources and Remuneration Committee, Inter RAO;
2017 – present: Member of Strategy and Investment Committee, Inter RAO;
2017 – present: Member of Board of Directors, Nayara Energy Limited;
2016 – present: Member of Board of Directors, TENDRIL VENTURES PTE. LTD;
2016 – present: Member of Board of Directors, TENDRIL VENTURES 2 PTE. LTD.;
2016 – present: Member of Board of Directors, Tendril Ventures 3 B.V;
2016 – present: Member of Board of Directors, Inter RAO.

Owns no shares in PJSC Inter RAO.

Management Board

Boris Kovalchuk

CEO PJSC Inter RAO, Chairman of the Management Board

Year of birth: 1977

Education: St. Petersburg State University

Nationality: Russian Federation

Appointments over the last 5 years:

Current: CEO PJSC Inter RAO, Chairman of the Management Board;
2009-2010 — Acting Chairman of the Management Board, Chairman of the Management Board of INTER RAO UES;
2009 — Vice President of Development, Rosatom State Atomic Energy Corporation;
2006-2009 — Head of Priority National Projects Department of the Government of Russia.

Owns no shares in PJSC Inter RAO.

Mikhail Konstantinov

Member of the Management Board, Head of the Legal Affairs Division

Year of Birth: 1968

Education: Tver Institute of ecology and legal affairs

Appointments over the last 5 years:

2016 - present: Member of the Management Board, Head of the Legal Affairs Unit, PJSC Inter RAO;
2012–2016 – Head of Corporate and Property Matters Division, PJSC Inter RAO;
2010–2012 – Head of Legal Directorate, OJSC Sobinbank.

Owns 34 452 000 shares in PJSC Inter RAO (0.0330% of the Company's charter capital).

Aleksey Maslov

Member of the Management Board, Head of Strategy and Investment Division

Year of birth: 1981

Education:

State University of Management.

Nationality: Russian Federation

Appointments over the last 5 years:

2018 – present– Member of the Management Board, Head of Strategy and Investment Division, PJSC Inter RAO;
2016 – 2018 – Director for Strategic Development, Strategy and Investment Division, PJSC Inter RAO;
2011 – 2016 – Head of Strategy and Strategic Projects Department, Strategy and Investment Division, PJSC Inter RAO.

Owns 20 494 shares in PJSC Inter RAO (0.00002 % of the Company's charter capital).

Evgeniy Miroshnichenko

Member of the Management Board - Chief Financial Officer

Year of birth: 1980

Education:

Executive MBA Program Kellogg - Hong Kong University of Science and Technology (HKUST);
State University of Management.

Nationality: Russian Federation

Appointments over the last 5 years:

2016 - present — Member of the Management Board,Chief Financial Officer, PJSC Inter RAO;
2010-2016 — Director of Strategic Development with the Strategy and Investments Unit, Deputy Head of the Unit, Head of the Strategy Department of the Strategy and Investments Unit, PJSC Inter RAO.

Owns 34 488 435 shares in PJSC Inter RAO (0.0330% of the Company's charter capital).

Valery Murgulets

Member of the Management Board, Head of Innovations, Investments and Costs Management Division

Year of birth: 1977

Education:

Saint-Petersburg State University;
Stockholm School of Economics;
National Reseasrch University MPEI.

Nationality: Russian Federation

Appointments over the last 5 years:

2012 - present — Member of the Management Board, Head of Innovations, Investments and Costs Management Unit, PJSC Inter RAO;
2012 — Head of Innovations, Investments and Costs Management Unit, JSC INTER RAO UES;
2010-2012 — Director of Investments, JSC INTER RAO UES.

Owns 34 488 435 shares in PJSC Inter RAO (0.0330% of the Company's charter capital).

Pavel Okley

Member of the Management Board, Head of the Operations Division

Year of birth: 1970

Education:

Omsk Transport Engineering Institute;
Academy of National Economy under the Government of the Russian Federation.

PhD in Economics.

Nationality: Russian Federation

Appointments over the last 5 years:

2010 - present — Member of Executive Team, Head of the Operations Division, PJSC Inter RAO.

Owns 34 452 000 shares in PJSC Inter RAO (0.0330% of the Company's charter capital).

Alexandra Panina

Member of the Management Board

Year of birth: 1977

Education:

Volgograd State University
State Academy of Innovation

Nationality: Russian Federation

Appointments over the last 5 years:

2018 - present — Member of the Management Board, Interim Head of the Trading Division, PJSC Inter RAO
2018 - 2018 — Deputy Head of Exports Division, Division Management Block, PJSC Inter RAO
2011-2018 — Vice President of Marketing and Sales, LLC INTER RAO — Management of Electric Power Plants

Owns 0.05 shares in PJSC Inter RAO (0.00% of the Company's charter capital).

Dmitry Filatov

Member of the Management Board, Head of Procurement Division

Year of Birth: 1968

Education: Baltic State Technical University “VOENMEH” named after D.F. Ustinov

Nationality: Russian Federation

Appointments over the last 5 years:

2016 - present: Member of the Management Board, Head of Procurement Division, PJSC Inter RAO;
2012– present – Director general, LLC Inter RAO Procurement Centre;
2012–2012 – Vice-president, OJSC Sogaz;
2009–2011 – Local director of Saint-Petersburg affiliate, OJSC Sogaz.

Owns 37 440 000 shares in PJSC Inter RAO (0,0359% of the Company's charter capital).

Yury Sharov

Member of the Management Board, Head of Engineering Division

Year of birth: 1959

Education:

Moscow Power Engineering Institute (Technical University);
Plekhanov Russian University of Economics;
Moscow International Higher Business School MIRBIS (MBA).

PhD, Professor.

Nationality: Russian Federation

Appointments over the last 5 years:

2012 - present — Member of the Management Board, Head of Engineering Division, PJSC Inter RAO;
2010-2012 — Vice Chairman of the Management Board, Head of Engineering Unit, JSC INTER RAO UES.

Owns 34 452 000 shares in PJSC Inter RAO (0.0330% of the Company's charter capital).

Deputy CEOs

Tamara Merebashvili

Deputy CEO, Head of the Corporate and Property Relations Unit,
Corporate Secretary of PJSC Inter RAO

Education:

Graduated from Saint Petersburg State University with an honors degree in Law; Candidate of Legal Sciences

Professional experience:

2019 – present – Deputy CEO, Head of the Corporate and Property Relations Division, Corporate Secretary of PJSC Inter RAO
2016 – 2019 – Head of the Corporate and Property Relations Division of PJSC Inter RAO, CEO of LLC Inter RAO – IT
2016 – 2019 – CEO of LLC Inter RAO – IT
2015 – 2016 – Deputy Head of the Central Asia and Caucasus Asset Management Division of PJSC Inter RAO
2011 – 2015 – Deputy CEO of LLC Inter RAO UES Energy Efficiency Center

Tamara Merebashvili is actively involved in policy-making in the sphere of corporate law and the securities market, including serving on the following expert and advisory panels under the federal executive government and the regulator and organizer of trading on the securities market:

Member of the Board of the National Association of Corporate Secretaries;
Member of the Expert Panel on Corporate Governance, Special Administrative Districts, the Bankruptcy Procedure and Valuation set up as part of the implementation of the Action Plan on Business Climate Transformation approved pursuant to Russian Government Directive No. 20-r dated January 17, 2019;
Member of the Working Group on Corporate Governance under the Federal Agency for State Property Management (Rosimuschestvo);
Member of the Moscow Exchange Share Issuers' Committee;
Member of the Expert Council for Promoting Competition in Information Technologies under the Federal Antimonopoly Service of Russia;
Member of the Council for the Improvement of Legislation on Arbitration Courts under the Ministry of Justice of the Russian Federation;
Member of a working group on the implementation of the "regulatory guillotine" approach in the sphere of environmental protection and natural resource management and a working group on industrial safety;
Member of the EnergyNet Working Group of the National Technological Initiative;
Chair of the Management Board of the Digital Energy Association.

In 2019, she won the 14th Director of the Year National Award in the Corporate Governance Director / Corporate Secretary Category.

She is involved in awareness-raising activities and participates in a variety of Russian and international professional forums, including taking an active part in the track on corporate law at the 2018 and 2019 St. Petersburg International Legal Forum as an organizer, moderator and speaker.

Author of a monograph titled "Legal Issues Related to Marine Protection and Indemnity"; co-author and editor of an article titled "Corporate Governance at PJSC Inter RAO: A Risk-Based Approach" included in the National Corporate Governance Report by the National Council on Corporate Governance.

Dmitry Orlov

Deputy CEO, Head of the Retail Business Division of PJSC Inter RAO

Education:

Graduated from Ural State Technical University with a degree in Automatics and Control in Engineering Systems in 1995.
Obtained a degree in Information Systems in Economics at Ural State Technical University in 1996.
Completed an MBA program at the Regional Interdisciplinary Personnel Retraining Center of Perm State Technical University in 2005.

Professional experience:

Has been working in the energy industry since 2001. From 2001 through 2004, worked for Permenergo. From 2004 through 2005, held the position of Director of the Energy Supply branch of Permenergo. Subsequently, after the company was reorganized into Perm Energy Supplying Company, held the position of First Deputy CEO and, since 2008, CEO.
In April 2013, headed the Retail Business Unit of PJSC Inter RAO. In May 2019, he was appointed Deputy CEO and Head of the Retail Business Division of PJSC Inter RAO.
Chairman of the Boards of Directors of power supply subsidiaries acting as suppliers of last resort and of LLC RN-Energo. Member of the Board of Directors of LLC RT-Energotrading and JSC Petroelektrosbyt.