Download center

Planned Improvement to Corporate Governance

The following improvements to corporate governance are scheduled in 2016:

  • approval of certain substantive matters will require majority vote of all elected members of the Board of Directors;
  • consideration of a possibility of offering electronic voting at General Shareholders’ Meetings;
  • assessment of the Board of Directors performance;
  • increased control by the Board of Directors of transactions and nominations in the controlled entities;
  • improving effectiveness of the Board of Directors activities, including increasing the number of physical presence meetings.