Annual report 2010

JSC IDGC Holding. Annual Report 2010— Alexei Vladimirovich Demidov (member ofthe Management Board of JSC IDGC Holding,Deputy Director General for Economic Affairsand Finance, JSC IDGC Holding);— Pavel Viktorovich Shpilevoi (Deputy Director,Department for Government Regulation ofTariffs, Infrastructural Reforms and EnergyEfficiency, Ministry for Economic Develop -ment and Trade of the Russian Federation);— Vladimir Alexandrovich Shkatov (DeputyChairman of the Management Board, Non-Profit Partnership Market Council).The fiscal period witnessed 13 meetings of theStrategy Committee, including 4 in-person meetings.More than 30 issues were considered, majorissues are as follows:— Expansion of the authorized capital of JSCIDGC Holding through the placement of additionalshares.— Approval of the Resolution on the additionalissue of securities of JSC IDGC Holding(uncertificated registered ordinary sharesplaced in a public offering).— Approval of the Resolution on the issue ofsecurities of JSC IDGC Holding.— Consideration of the consolidated investmentprogram of JSC IDGC Holding for 2010.— Determination of the highest-priority activities:Approval of the Strategy of JSC IDGCHolding Until 2030.— Joint project for the production of high-voltageelectric power equipment with JSC PowerMachines.— Consideration of the report on the implementationof the consolidated investment programof JSC IDGC Holding for half I of 2010.— Determination of the highest-priority activitiesof JSC IDGC Holding: preparation of theinnovative development programs of JSCIDGC Holding and its SDCs.— Report on the financing and economic activitiesof JSC IDGC Holding for half I of 2010.— Determination of the highest-priority activitiesof the Company: approval of the principalprovisions and the procedure for implementingthe program of incentivizing the managersof JSC IDGC Holding and its SDCs.— Consideration of the principal areas of developmentof the electric grid sector of theRussian Federation and JSC IDGC Holding.— Consideration of the fundamental principlesand approaches to the development of theStrategy of JSC IDGC Holding.— Upgrading the KPI system of the SDCs of theHolding Company and JSC IDGC Holding.— Approval of the service agreement for thedrafting of the Regulations for the UniformTechnical Policy of JSC IDGC Holding in theDistribution Grid Sector betweenJSC IDGC Holding and JSC Research andEngineering Institute of IDGC, which is a relatedpartytransaction.— Report on the financing and economic activitiesof the Company for 9 months 2010.— Financial and Economic Plan of the Companyfor 2011.— Strategy of management of the non-coreassets of JSC IDGC Holding and the SDCs ofJSC IDGC Holding.— Feasibility of determining the market valueof shares in JSC IDGC Holding in subsequentissues under the independent appraiser’sreport.60