Corporate secretary

The Corporate Secretary ensures effective interaction among shareholders, the Board and Company management, helps prevent corporate conflicts, coordinates shareholder rights and interests protection, prepares and conducts General Shareholders Meetings, supports Board and committee operations, handles Company information disclosure per legislation, and addresses other matters.

The Corporate Secretary operates in accordance with applicable Russian laws, FESCO’s Articles of Association, Regulations on the Corporate Secretary Approved by resolution of the Board of Directors on 6 February 2019 (Minutes No. 1/19 dated 7 February 2019). , other FESCO internal documents, and resolutions of the General Shareholders Meeting and Board of Directors.

Functionally reporting to the Board while administratively reporting to the President, the Corporate Secretary serves as secretary at General Shareholders Meetings, Board meetings, and committee sessions.

The Office of the Corporate Secretary performs its functions under the Corporate Secretary’s supervision and comprises the Corporate Actions Unit and the Monitoring and Instructions Control Unit.

Corporate Secretary’s tasks:

  • maintaining and enhancing effective corporate governance practices across the Company and FESCO Group;
  • providing organisational and informational support for the General Shareholders Meeting, Board of Directors, and Board committees;
  • coordinating interaction among Board members, shareholders and the executive body to ensure Board effectiveness;
  • ensuring governing bodies and employees comply with Russian laws and FESCO’s Articles of Association and internal documents, thereby securing shareholder rights and legitimate interests;
  • disclosing information about FESCO as required by the laws on the securities market and managing insider information.

In the reporting year, the Corporate Secretary focused on achieving FESCO Group’s business goals, securing consistent and efficient work of the governing bodies against the background of restrictive measures, maintaining sustainable corporate governance procedures, and improving control over the progress against the governing bodies’ decisions.