Annual report 2010

Nomination and Remuneration Committeeof the Board of Directors of JSC IDGC Holding________________________________________________________________MINUTESof the In-Person Meetingof the Nomination and Remuneration Committeeof the Board of Directors of JSC IDGC HoldingNo. 9November 17, 2010The following members of the Committee participated in the meeting:Viktor VasilyevichKudryavy- Chairman of the CommitteeValery AlekseevichGulyaev- member of the CommitteeIgor VladimirovichKhvalin- member of the CommitteeMoscowAgenda of the meeting:Issue 1: “Improvement of the KPI system of SDCs and JSC IDGC Holding.”The following person reported: A. V. Sergutin, Director for Economic Affairs of JSCIDGC Holding.During the discussion members of the Committee proposed the following:V. A. Gulyaev:In relation to the KPI List of t he Director General of the Holding (Appendix 2.1to the meet ing of t he N omination and Remuneration Commi ttee o f t he Boar d ofDirectors of JSC ID GC Holding): t he n ame of the i ndicator “ Prevention of M ajorAccidents E xceeding t he G iven N umber” sha ll be re placed b y “ Prevention of M ajorAccidents.” The condition for the failure to achieve the indicator shall be deemed to beany major accident in more than one SDC.When s umming u p t he K PIs, ranking s hall be s pecified depending upon theindicator achievement degree. When achieving the indicator, being equal or exceeding90%, the remuneration share falling on it shall be calculated in full, and when achievingthe indicator by 75% - 90%, half of the remuneration share.I. V. Khvalin:In relation t o the KPI List of t he D irector G eneral of t he H olding: st atistics ofindustrial injuries for the 3 previous years prior to the beginning of the reporting periodshall be attached to the indicator “No Excess of the Number of Industrial Injuries Due tothe Fault of Employees of the Company and SDCs in Relation to Industrial Accidents asCompared to the Specified Actual Indicator of the Previous Year,”