In 2023, the Strategy Committee traditionally considered issues of a strategic nature, the decisions on which were aimed at ensuring high performance of the Company.
Within the scope of its functions, the Committee reviewed the deliverables of business plans, including those of IFRS consolidated plans the Long‑Term Development Programme, as well as the achievement of key performance indicators.
In addition, the Committee made recommendations to the Board on updating the Business Planning Standard in connection with the restructuring of the Company and on the formation of the business plan for the forthcoming period and forecast figures for 2025–2028.
Particular attention was paid to work on the consolidation of power grid facilities and management of non‑core assets, namely, updating the register and approving the Non‑Core Asset Disposal Programme. The Committee members also paid attention to such an important and pressing area as the implementation of the concept of development of charging infrastructure for electric vehicles, the purpose of which is to promote the development of the charging infrastructure market for electric vehicles.
Chairman of the Strategy Committee of the Board of Directors of the Company
The activities of the Strategy Committee are regulated by the Regulations on the Strategy Committee of the Board of Directors of the Company as amended and approved by the resolution of the Board of Directors of PJSC FGC UES dated 11 August 2021Minutes of meeting of the Company’s Board of Directors No. 550 dated 12 August 2021..
Members of the Strategy Committee
Full name, positionPosition and place of employment are as of the date of the last election to the Committee.
Composition of the Committee from 01.01.2023 to 07.06.2023Resolution of the Board of Directors of the Company dated 19 August 2022 (Minutes No. 587 dated 22 August 2022).
Composition of the Committee from 07.06.2023 to 31.12.2023Resolution of the Board of Directors of the Company dated 7 June 2023 (Minutes No. 620 dated 7 June 2023).
Participation in Committee meetings in 2023
Director 2‑11 Chairman of the Committee Independent Director
+
9/9
Director 1‑8
+
2/2
Aleksey Valineev Deputy Head of the Competitive Pricing Development Department of NPPMarket Council Association
+
+
10/11
Alexey Zhukov Vice‑President of OPORA Association
+
2/2
Andrey Maksimov Director of the Power Engineering Development Department of the Ministry of Energy of Russia
+
8/9
Elena Medvedeva Director of the Department of Operational Management in the Fuel and Energy Complex of the Ministry of Energy of Russia
+
+
11/11
Sergey Pavlushko First Deputy Chairman of the Management Board of JSC SO UPS
+
+
10/11
Director 1‑5
+
2/2
Maria Tikhonova Deputy General Director or Corporate Governance of PJSC Rosseti
+
+
11/11
Vladimir Tulsky Director of National Research University “Moscow Power Engineering Institute”
+
9/9
Activities in 2023
In 2023, the Strategy Committee met 11 times and considered 28 issues.
Meeting form
Number of meetings
Number of issues considered
In person
5
14
In absentia
6
14
Matters reviewed by the Strategy Committee, %
Key Focus Areas of the Strategy Committee
Key Issues Reviewed
Discussion of strategic areas, the Company’s Long‑term Development programme, long‑term financial model and progress reports
Discussion of business planning matters and progress reports on the business plan
Evaluation of M&A projects
Discussion of dividend policy matters
Discussion of key areas of activities of controlled entities
Discussion of matters relating to the Company’s performance improvement
Discussion of issues of the corporate structure of the Rosseti Group, including participation (termination of participation in other entities)
Discussion of revenue‑intensive transactions
On recommendations to the Board of Directors of PJSC Rosseti on matters related to:
Review of progress reports on business plans
Review of the progress report on the Long‑Term Development Programme of PJSC Rosseti and Rosseti KPI achievement report for 2022
Approval of the Rosseti Group’s business plan for 2023 and forecast indicators for 2024–2027
Approval of the business plan of PJSC Rosseti for 2024 and forecast indicators for 2025–2028
Approval of the Business Planning Standard
Review of the key indicators of business plans for 2024–2028 for subsidiaries of PJSC Rosseti engaged in electricity transmission