2014 Annual report

Remuneration to Members of the Management Board

In accordance with the Provision on Material Incentives and Social Package for Top Managers of JSC IDGC of the North-West approved by the resolution of the Board of Directors of June 15, 2011, members of the Company’s Management Board are also classified as top managers of JSC IDGC of the North-West. The remuneration system for members of the Management Board includes the following elements:

The size of bonuses of top managers depends on the fulfillment of key performance indicators (KPI) approved by the Board of Directors and General Director of the Company for the respective periods (quarter and year).