Annual report 2010

JSC IDGC Holding. Annual Report 2010— Irina Yurievna Korobkina (Head of the Unitfor Electricity Sector Reform Support, JSCGazprom);— Mikhail Alexeyevich Mantrov (DeputyChairman of the Management Board,RusHydro);— Oleg Vyacheslavovich Surikov (Director of theCorporate Department, MMC Norilsk Nickel);— Vladimir Vitalyevich Tatsiy (First VicePresident, JSC Gazprombank).This composition of the Nomination andRemuneration Committee functioned until themeeting of the Board of Directors of the Company,re-elected upon the Annual General Meeting, afterwhich the following composition of theCommittee of August 18, 2010, was elected:The Chairman of the Committee is ViktorVasilyevich Kudryavy (Advisor to President, EURO-CEMENT Group ZAO).Members of the Committee:— Valery Alexeyevich Gulyayev (Deputy DirectorGeneral for Resource Supplies, member of theManagement Board, JSC OGK-6 and JSC OGK-2);— Igor Vladimirovich Khvalin (Director General,ZAO Volga Engineering Group).In the fiscal year, the Nomination andRemuneration Committee held 4 meetings,including 1 in-person meeting.The principal issues falling under the jurisdictionof the Committee on which recommendationswere given are as follows:— Organization of special-purpose executivetraining for the young employees of JSC IDGCHolding and the SDCs of JSC IDGC Holding incooperation with Moscow State Institute ofInternational Relations (University) of theMFA of Russia.— Preliminary assessment of the members ofthe Management Board of JSC IDGC Holding.— Approval of the fundamental provisions andthe procedure for implementing the programof incentivizing the managers of JSC IDGCHolding and its SDCs.— Upgrading of the KPI system of JSC IDGCHolding and its SDCs.Valuation CommitteeThe goal of the Committee is to assist the Board ofDirectors of the Company in performing its obligationsfor developing the procedure and controlling(in accordance with the developed procedure)asset and business valuation for the Company, itsSDCs and newly-established companies and othereconomic entities involved in the transactions inaccordance with the requirements of Federal Lawof the Russian Federation No. 135-FZ of July 29,1998, “On Valuation Activity in the RussianFederation” and federal valuation standards.The principal objectives of the Committee include:— control of work related to asset valuation forthe Company and the SDCs of the HoldingCompany;— retention of independent experts to giveadvice on issues falling under the jurisdictionof the Committee.The following composition of the Committee wasapproved at the meeting of the Board of Directorsof October 16, 2009, and has functioned sinceNovember 2009:The Chairman of the Committee is SergeyVladimirovich Maslov (member of the Board ofDirectors of JSC IDGC Holding, President, SaintPetersburg International Mercantile Exchange).Members of the Committee:— Vyacheslav Mikhailovich Kravchenko (memberof the Board of Directors of JSC IDGCHolding, Chief Executive Officer, OOO RN-Energo);— Pyotr Petrovich Kozin (Advisor, Division forOrganization of Federal Property Valuationand Audit, Federal Agency for Management ofFederal Property);56