Risk Management Policy

The Company’s activities are associated with numerous risks, which under certain circumstances may affect the Company’s production and financial results, as well as its social and natural environment. To reduce the negative impact of potential risks and optimize valuable opportunities, a risk management system to ensure corporate strategy implementation was created.

PJSC RusHydro's organizational structure of financial and business operations control and risk management

To organize risk management processes, the Company has created and operates the Risk Management Division, as part of an internal control and risk management unit. In 2013, RusHydro’s risk management team won the international "Best Risk Management 2013" contest in the category "Best comprehensive risk management program" and the Head of the Risk Management Division, Mr. Konstantin Babayev, was a winner in the category “Best Risk Manager of Russia 2013”. This contest has been held every year since 2006 by the Russian Risk Management Society, RusRisk, a Russian national risk management association, which is part of FERMA, the Federation of European Risk Management Associations.