CORPORATE GOVERNANCE
JSC FPC’s corporate governance model is built in line with Russian statutory requirements and is a multi-tier system of relationships between participants in the corporate governance process. Relationships between JSC FPC’s shareholders, Board members, and management are based on integrity, trust, mutual respect for legitimate interests, and all parties performing their obligations in good faith.
Improving the Company’s governance process
Two General Meetings of JSC FPC’s Shareholders were held in 2021: one annual and one extraordinary
The General Meeting of Shareholders elects the Company’s Board of Directors, consisting of
9 members
In 2021, the Company held
26 meetings
of the Board of Directors and reviewed 152 issues
The General Meeting of Shareholders is the highest governance body of the Company
The Board of Directors determines the Company’s priority areas of activity
The General Director manages the day-to-day operations of the Company