Company Governance

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Company Governance

Corporate governance in JSC RusHydro is geared not only to shaping a positive image of the Company in the eyes of stakeholders, but also to exercising control and mitigating risks, supporting stable growth of financial indicators and providing for successful performance of the activities of JSC RusHydro, as well as the Holding in general. JSC RusHydro pursues the principles of corporate governance deriving from the requirements of the legislation in the sphere of corporate law, recommendations of the Code of Corporate Conduct of the Federal Securities Commission of Russia and advanced corporate business practice.

Code of the Corporate Governance of JSC RusHydro

Key principles of *the Company's corporate governance***

RESPONSIBILITY

The Company proceeds from the recognition of lawfull rights and interests of parties concerned (shareholders, potential investors, counterparties, state authorities) and promotes active co-operation with the latter for the purpose of creating prosperity and jobs and providing for financial stability. The Company attaches particular significance to questions of the environment and social responsibility.

TRANSPARENCY

The Company’s corporate governance system provides access of all interested parties concerned to full and accurate information about the Company and its operations, without refraining, moreover, from disclosure of negative information in a volume allowing the fullest possible impression to be obtained about the Company and the results of its activities.

ACCOUNTABILITY

Corporate governance within the Company ensures strategic management of the Company, effective control over the managers on the part of the Board of Directors and accountability of the Board of Directors to the shareholders.