Annual report 2010

2production pl ant l ocated at : Republic of I ngushetia, Nazran, Plievsky M unicipalDistrict, ul. Oskanova, w/o No.).6. Agreement u pon m embers of t he M anagement B oard o f JSC ID GCHolding simultaneously holding office in m anagement bo dies of ot herorganizations.7. JSC ID GC H olding’s t ransferring title to 2 5% + 1 sha re i n O AOBureyaGESstroy.8. Improvement of corporate governance, particulars of in-person work ofthe Board of D irectors and intensified w ork of a ll c ommittees of t he B oard ofDirectors, and the structure of J SC IDGC Holding’s interacting with subsidiariesand dependent companies.1. Determination of the fee for the services provided by the Auditor of JSCIDGC HoldingIT WAS RESOLVED AS FOLLOWS:The initial (c eiling) p rice payable by t he Co mpany for the A uditor’sservices i n r elation t o t he mandatory audit of JSC I DGC H olding’s financial(accounting) st atements in a ccordance w ith R ussian A ccounting St andards for2010 shall be four million, two hundred thousand (4,200,000) rubles, inclusive ofVAT.S. I. Shmatko, N. N. Shvets, G. F. Binko, V. V. Kudryavy, S. V. Maslov,S. Remes, S. V. Serebryannikov, O. V. Surikov, V. V. Tatsiy, V. N. Titov,D. V. Fedorov, P. O. Shatsky voted “For.”.E. V. Dod voted “Against.”Approved by a majority of votes.2. Approval of t he ag reement fo r t he u se o f an el ectronic documentexchange sy stem t o be e ntered i nto by a nd a mong JSC I DGC Ho lding, OAOKubanenergo, and Gazprombank (Open Joint-Stock Company), which is a relatedparty transaction.IT WAS RESOLVED AS FOLLOWS:The agreement for the use of an electronic document exchange s ystemamong JSC ID GC H olding, O AO Kubanenergo, and Gazprombank (Open J oint-Stock Company), which is a related party transaction, shall be approved (Appendix1).S. I. Shmatko, E. V. Dod, V. V. Kudryavy, S. V. Maslov, S. Remes,S. V. Serebryannikov, O. V. Surikov, V. V. Tatsiy, V. N. Titov, D. V. Fedorov,P. O. Shatsky voted “For.”N. N. Shvets and G. F. Binko, failing to be i ndependent directors, did notparticipate in the voting.Approved una nimously by independent di rectors who w ere no t re latedparties to the transaction.