Committees of the Board of Directors

The Company has two committees operating under the Board of Directors:

AUDIT COMMITTEE

The Audit Committee monitors the Company’s financial and business activities, is elected by the Board of Directors and acts on the basis of the Charter and internal regulations.

Committee members as of 31 December 2014 (elected by the decision of the Board of Directors of 11 June 2014)

  • Sereda Mikhail Leonidovich (Chairman)
  • Golubev Valery Alexandrovich
  • Dubik Nikolay Nikolayevich

Since its establishment the Committee has considered the following matters:

  • the approval of the Company’s plan for the Audit of the Gazprom Neft Board of Directors in the second half of 2014 and first half of 2015
  • the election of the Committee Secretary
  • the preliminary consideration of the Regulation on the Gazprom Neft Internal Audit Department
  • the results of an audit of the Gazprom Neft financial statements in 2014
  • the organisational structure of the Gazprom Neft Internal Audit Department
  • the development of an integrated risk management system at Gazprom Neft

Representatives of the external auditor and heads of the internal audit service were invited to the meeting of the Audit Committee.

HUMAN RESOURCES AND REMUNERATION COMMITTEE

The Human Resources and Remuneration Committee contributes to the formation of the Company’s human resource policy and handles matters related to the remuneration of members of governing bodies and the Audit Commission. It is elected by the Board of Directors and acts on the basis of the Charter and internal regulations.

Committee members as of 31 December 2014 (elected by the decision of the Board of Directors of 11 June 2014)

  • Dubik Nikolay Nikolayevich (Chairman)
  • Cherepanov Vsevolod Vladimirovich
  • Kruglov Andrey Vyacheslavovich
  • Fursenko Sergey Alexandrovich

Since its establishment the Committee has considered the following matters:

  • the performance evaluation results of the Gazprom Neft Board of Directors
  • the approval of the plan for the work of the Human Resources and Remuneration Committee of the Gazprom Neft Board of Directors for the first half of 2015
  • the election of the Committee Secretary
  • the participation of Gazprom Neft Management Board members in the management bodies of other organisations