PJSC LukOil Result of BoD Meeting (0836S)

TIDMLKOD

RNS Number : 0836S

PJSC LukOil

06 March 2019

PRESS RELEASE

March 6, 2019

BOARD OF DIRECTORS OF PJSC "LUKOIL" DETERMINES LISTS OF CANDIDATES TO THE BOARD OF DIRECTORS AND AUDIT COMMISSION

The Board of Directors of PJSC "LUKOIL" (hereinafter the Company) approved today the lists of candidates for the election to the Board of Directors and the Audit Commission at the 2019 Annual General Shareholders Meeting. The lists of candidates were formed pursuant to the applicable legislation of the Russian Federation, the Company's Charter and internal documents.

The list of candidates to the Board of Directors of PJSC "LUKOIL" consists of twelve candidates:

 
 1.    Vagit Yu. Alekperov      President of PJSC "LUKOIL" 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
 2.    Victor V. Blazheev       Rector of the O.E. Kutafin Moscow State 
                                 Law University 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 3.    Toby T. Gati             Board Member of the U.S.-Russia Business 
                                 Council (USRBC), participant of the Valdai 
                                 Discussion Club, President of TTG Global 
                                 LLC 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 4.    Valery I. Grayfer        Chairman of the Board of Directors of PJSC 
                                 "LUKOIL"* 
                                 Chairman of the Board of Directors of OOO 
                                 "Russian innovative fuel and energy company" 
                                 (OOO "RITEK") 
      -----------------------  ------------------------------------------------- 
 5.    Ravil U. Maganov         First Executive Vice President of PJSC "LUKOIL" 
                                 (Upstream) 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 6.    Roger Munnings           Chairman of the Russo - British Chamber 
                                 of Commerce, a member of the Institute of 
                                 Chartered Accountants of England and Wales, 
                                 a member of the Russian National Council 
                                 for Corporate Governance 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 7.    Nikolai M. Nikolaev      General director of OOO "Russian innovative 
                                 fuel and energy company" (OOO "RITEK") 
      -----------------------  ------------------------------------------------- 
 8.    Pavel M. Teplukhin       President of OOO "Matrix Advisors", Member 
                                 of the Board of Directors of AO "RUSNANO" 
                                 In the past held the position of the CEO 
                                 at Deutsche Bank in Russia 
      -----------------------  ------------------------------------------------- 
 9.    Leonid A. Fedun          Vice-President for Strategic Development 
                                 of PJSC "LUKOIL" 
                                 Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 10.   Lyubov N. Khoba          Member of the Board of Directors of PJSC 
                                 "LUKOIL"* 
      -----------------------  ------------------------------------------------- 
 11.   Sergey D. Shatalov       Member of the Board of Directors of OOO 
                                 "Avtotor Holding", Chairman of Audit Commission 
                                 of AO "MSP Bank" 
                                 In the past held the position of Deputy 
                                 Minister of Finance of the Russian Federation 
      -----------------------  ------------------------------------------------- 
 12.   Wolfgang Schüssel   Member of the Supervisory Board of RWE AG, 
                                 Chairman of the Board of Trustees of Konrad 
                                 Adenauer Foundation, Member of the Board 
                                 of Directors of PJSC "MTS" 
                                 In the past held the position of Federal 
                                 Chancellor of Austria 
      -----------------------  ------------------------------------------------- 
 

*More details on the current Board Members are available on the Company's website:

http://www.lukoil.com/Company/CorporateGovernance/BoardofDirectors

The following candidates are nominated to the Audit Commission:

 
 1.   Ivan N. Vrublevskiy      Managing Director of LUKOIL Accounting and 
                                Finance Europe s.r.o. 
 2.   Artem V. Otrubyannikov   Executive Director of "LUKOIL-Accounting 
                                Regional Center Volgograd", Executive Director 
                                of "LUKOIL-Accounting Regional Center Perm" 
                                (concurrently) 
     -----------------------  ------------------------------------------------ 
 3.   Pavel A. Suloev          Advisor on financial and economic matters 
                                to General Director of OOO "LLK International" 
     -----------------------  ------------------------------------------------ 
 

The Board of Directors also approved the key directions for the Company's international commercial activity, assessed positively compliance with Regulations on Information Policy of PJSC "LUKOIL", as well as took into consideration the information on progress on the Mid-Term Targeted R&D Program of the LUKOIL Group for 2016-2018.

At the meeting the Board of Directors also resolved to rename the Strategy and Investment Committee of the Board of Directors of PJSC "LUKOIL". The new name is the Strategy, Investment and Sustainability Committee of the Board of Directors of PJSC "LUKOIL". The Regulations on the Strategy, Investment and Sustainability Committee of the Board of Directors of PJSC "LUKOIL" was approved and is available on the Company's website:

http://www.lukoil.com/Company/CorporateGovernance/InternalDocuments

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March 06, 2019 11:35 ET (16:35 GMT)