Board Committees

Strategy Committee

Areas of responsibility

The Strategy Committee is responsible for reviewing management’s proposals, assessing associated risks and developing recommendations to support the Board’s decision-making in the following key areas:

• Defining the operating priorities of the company;
• Developing the company’s overall strategy, strategic plans for business segments, and strategies by functional area;
• Developing the company’s strategies and goals in target markets;
• Implementing major investment projects;
• Defining the company’s operating priorities and evaluating the operational efficiency of management;
• Carrying out investment planning, project management and capital management;
• Improving key business processes.

Members of the Committee:

• Andrey Melnichenko (Chairman)
• Vladimir Rashevsky
• Alexander Landia
• Klaus-Dieter Beck
• Stefan Judisch

Nomination and Compensation Committee

Areas of responsibility:

• Making recommendations to the Board of Directors regarding HR strategy, nominations and compensation, corporate governance and social policy;
• Ensuring senior management continuity and developing a succession pool and talent pipeline; designing and assessing programmes to develop managers;
• Ensuring compliance with industrial and environmental safety standards at our enterprises; monitoring our system of key performance indicators in this area;
• Assessing the compliance of our industrial safety system with regulatory and corporate requirements; assessing the efficiency of controls in this area;
• Analysing the causes and consequences of emergencies and development of recommendations on their prevention in future.

Members of the Committee:

• Alexander Landia (Chairman)
• Klaus-Dieter Beck
• Natalia Izosimova