The Supervisory Board ALROSA elected at the annual meeting of shareholders on June 30 held its first absentee ballot on July 6, 2012.
Ilya Yuzhanov was elected Chairman of the Supervisory Board with Victor Efimov as his First Deputy and Sergei Barsukov as Deputy Chairman of the Supervisory Board.
The meeting formed the composition of the specialist committees servicing the Supervisory Board. Egor Borisov, President of the Republic of Sakha (Yakutia), is now the head of the Strategic Planning Committee. The Committee also includes Fyodor Andreev, President of ALROSA; Sergey Barsukov, Director of the Financial Policy Department at the Russian Ministry of Finance; Galina Danchikova, Chairman of the Republic of Sakha (Yakutia) Government; Viktor Efimov, General Manager of OAO Respublikansaya Investitsionnaya Kompania; and Anatoly Tikhonov, Deputy Chairman of Vnesheconombank.
The composition of the Strategic Planning Committee was expanded from 5 to 6 persons due to its newly acquired functions comprising the analysis of forecasts for the company’s scientific and technological development and assessment of the degree to which the company modernizes and optimizes the technologies applied in production.
In accordance with the Russian law, persons holding public or municipal office in the Russian Federation may not serve on the company’s Supervisory Board. However, the rules and regulations of the Strategic Planning Committee allow membership of persons who are not members of the Supervisory Board. The experience and professionalism of Yegor Borisov and Galina Danchikova will significantly improve the efficiency of the Committee, which will have a positive impact on the work of the Company. In addition, this Committee fully reflects the structure of ALROSA’s share capital.
The Audit Committee will be headed by Sergei Dubinin, Chairman of the Supervisory Board of VTB Bank.
Elected to the Committee were also Sergey Barsukov, Director of the Financial Policy Department at the Russian Ministry of Finance; Sergei Mestnikov, First Deputy Minister for Property and Land Relations of the Republic of Sakha (Yakutia); Nina Osipova, Deputy Minister of Finance of the Republic of Sakha (Yakutia); and Anatoly Tikhonov, First Deputy Chairman of Vnesheconombank.
Yakov Urinson, Deputy Chairman of OAO Rosnano, will continue to supervise the work of the Human Resources and Remuneration Committee.
The following persons were also elected to the Human Resources and Remuneration Committee: Pavel Borodin, Vice President of VimpelCom; Natalia Gurieva, Deputy Head of the Verkhnevilyuisk Ulus Municipal District in the Republic of Sakha (Yakutia); Dmitry Zakharov, General Manager of OOO RIC-Finance; and Denis Morozov, the Russian Federation Representative on the Board of Directors of the European Bank for Reconstruction and Development.
