ENERGY FOR PEOPLE - JSC Gazprom Neft

JSC GAZPROM NEFTANNUAL REPORT2009In 2009 composition of the AuditCommittee remained the same.The committee Chairman, AndreyVyacheslavovich Kruglov holds theposition of deputy Chairman of theManagement Board of JSC Gazpromand concurrently heads the Financialand Economic department of Gazprom.Doctor of Economics, with sufficientwork experience in the financialarena, A.V. Kruglov has the necessarycompetence to act as a member ofthe Board of Directors, concurrentlyChairman of the Audit Committee.The Human Resources andRemuneration Committee of theCompany’s Board of Directors studiesand analyses issues concerningcorporate governance, social sphere,staffing policy, motivation system,including attracting, retaining, motivatingand training staff.In 2009 the members of the HumanResources and RemunerationCommittee reviewed a numberof internal documents that weresubsequently approved (reviewed)by the Company’s Board of Directors,including:AAGazprom Neft Human Resourcesand Remuneration CommitteeRegulations;AAJSC Gazprom Neft CorporateConduct Code.In 2009 in order to prepare for theannual General Shareholders’ Meetingthe members of the Human Resourcesand Remuneration Committeeundertook the following:AAReviewed the draft of the Company’s2008 Annual Report;AASelected the candidates for electionto the Company’s Board of Directors;AAReviewed procedures for the holdingof General Shareholders’ Meeting.In compliance with the internalregulations of JSC Gazprom Neft, themembers of the Human Resources andRemuneration Committee presented forconsideration a number of proposalsduring the preparation of the scheduleof the Board of Directors.Over the whole of the reportingperiod the Human Resources andRemuneration Committee wascomposed of the following:AAPavlova Olga Petrovna(Chairman of the Committee);AAKruglov Andrey Vyacheslavovich;AADubik Nikolay Nikolayevich.Following election at the AnnualGeneral Meeting, the new Board ofDirectors resolved not to change thecomposition of the Human Resourcesand Remuneration Committee.The Company intends to further developthe operation of the Human Resourcesand Remuneration Committee,expanding the scope of issues thatfall within the competence of theCommittee.101