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Corporate secretary

The Corporate Secretary supports the effective operation of the Board of Directors and ensures effective day-to-day interaction with shareholders, coordinating the company’s activities to protect shareholder rights and interests.

At MTS, a specialized structural unit, the Corporate Governance Department, serves as the Corporate Secretary. Its main functions, powers and duties are defined in the Regulation on the Corporate Governance Department.

The Corporate Governance Department is responsible for:

  • participating in improving the Company’s corporate governance system and practices;
  • making arrangements for General Meetings of Shareholders;
  • providing support to the Board of Directors and its committees;
  • participating in the implementation of the Company’s disclosure policy, as well as ensuring storage of the Company’s corporate documents;
  • facilitating interaction of the Company with its shareholders and participating in prevention of corporate conflicts;
  • ensuring implementation of procedures established by legislation and the Company’s internal documents to ensure the exercise of the rights and interests of shareholders and monitoring of their implementation;
  • facilitating interaction of the Company with regulatory bodies, trade organizations, registrar and other professional participants in the financial market, within the scope of authority provided to the Corporate Secretary;
  • Immediately informing the Board of Directors about any legislative breaches or violations of provisions of the Company’s internal regulations, compliance with which is included in the functions of the Corporate Governance Department.

The Corporate Governance Department is headed by the Director for Corporate Governance, accountable to the Board of Directors. Director for Corporate Governance is approved by the Board of Directors.

The key functions of the Director for Corporate Governance:

  • making arrangements for General Meetings of Shareholders;
  • managing MTS Group’s subsidiaries;
  • ensuring timely disclosure of information in accordance with the legislation on securities market;
  • managing the Company’s intangible assets.
Maxim-Kalinin

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