Auditing Commission
The competence and operating procedures of the Auditing Commission are determined by the Regulations on the Auditing CommissionMore detailed information about these regulations can be found on the Company’s website in the Corporate governance section. approved by the PAO Sovcomflot General Meeting of Shareholders (Instructions No. 519-r of the Federal Agency for State Property Management dated 30 June 2016).
During the reporting period, the Auditing Commission operated in the composition elected by the Annual General Meeting of Shareholders on 29 June 2018 (Instructions No. 449-r of the Federal Agency for State Property Management dated 29 June 2018). At the Annual General Meeting of Shareholders held on 26 June 2019 (Instructions No. 373-r of the Federal Agency for State Property Management dated 26 June 2019) the Auditing Commission was elected in the same composition.
| Chairman of the Auditing Commission |
| Mikhail Kuznetsov Born in 1979 Education: higher OOO Topcompetence, Chief Executive Officer; OOO Corporate Development Centre, Chief Executive Officer |
| Members of the Auditing Commission: |
| Ivan Bezmenov Born in 1980 Education: higher Russian Ministry of Economic Development, Director of the Corporate Governance Department |
| Dmitry Vladimirov Born in 1989 Education: higher Federal Agency for State Property Management, Deputy Head of the Department of Property Relations and Privatisation of Major Organisations |
| Zakhary Dzhioev Born in 1977 Education: higher Deputy Head of the Federal Agency for Maritime and River Transport |
During the reporting period members of the Auditing Commission did not own shares in PAO Sovcomflot.
In 2019, compensation was paid to members of the Auditing Commission other than state officials in accordance with the Regulations on the Payment of Compensation and the Reimbursement of Expenses to Members of the PAO Sovcomflot Auditing Commission approved by Instructions No. 519-r of the Federal Agency for State Property Management dated 30 June 2016 and on the basis of Instructions No. 373-r of the Federal Agency for State Property Management dated 26 June 2019.
| Indicator | Amount, RUB thousand |
|---|---|
| Compensation for participation in the body exercising control over the issuer’s financial and economic activity | 536 |
| Salary | - |
| Bonuses | - |
| Commissions | - |
| Benefits | - |
| Reimbursement for expenses | - |
| Other types of compensation | - |
| TOTAL | 536 |
All recommendations of the PAO Sovcomflot Auditing Commission based on the audit of financial and economic activities were implemented during the reporting period.