PRESIDENT AND MANAGEMENT BOARD OF MTS

A key role in pursuing the selected strategy, organizing efficient implementation of resolutions of the Board of Directors and managing current operations of the Company is played by the Company’s Executive Bodies: The President (sole executive body) and the Management Board (collective executive body).

The executive bodies are accountable to the Board of Directors and the General Meeting of Shareholders. The executive bodies of the Company shall be established by the Board of Directors.

The President and the Management Board act on the basis of the Charter of MTS PJSC, the Regulations on the President of MTS PJSCWebsite. and the Regulations on the Management Board of MTS PJSCWebsite..

Executive bodies:

  • shall organize the Company’s activities and be responsible for results of these activities, ensure the enforcement of decisions made by the General Meetings of Shareholders and by the Board of Directors;
  • shall assure establishment and maintenance of operation of the efficient risk management and internal control system at the Company, are responsible for implementation of resolutions of the Board of Directors in terms of organization of the risk management and internal control system;
  • are responsible for the effective economic, financial, scientific and technical and social policies of the Company.

The Board of Directors is entitled at any time to adopt a resolution on the early termination of a President’s powers, as well as on the termination of the powers of an individual member of the Management Board or all members of the Management Board and on establishment of new Executive Bodies.

During 2020, the functions of the President of MTS PJSC were performed by Aleksey V. Kornya.

Vyacheslav Konstantinovich Nikolaev was appointed President of MTS PJSC on March 13, 2021 (resolution of the MTS PJSC Board of Directors dated March 5, 2021 (Minutes No. 308).

COMPOSITION OF THE MANAGEMENT BOARD IN 2020

Members of the Management Board in 2020
1 Alexey Vizskopbovich Barsegyan (has been a member of the Management Board since 2020)
2 Sergey Sergeevich Belyakov (has been a member of the Management Board since 2020)
3 Inessa Galaktionova (has been a member of the Management Board since 2019)
4 Alexander Egvenievich Gorbunov (has been a member of the Management Board since 2018)
5 Ruslan Sultanovich Ibragimov (has been a member of the Management Board since 2007)
6 Andrey Mikhailovich Kamensky (has been a member of the Management Board since 2018)
7 Alexey Valerievich Kornya (has been a member of the Management Board since 2008)2
8 Igor Nikolavich Mishin (has been a member of the Management Board since 2019)
9 Vyacheslav Konstantinovich Nikolaev (has been a member of the Management Board since 2017)
10 Ilya Valentinovich Filatov (has been a member of the Management Board since 2019)
11 Dmitry Alexandrovich Khalin (has been a member of the Management Board since 2020)
12 Alexandr Alexandrovich Khanin (has been a member of the Management Board since 2020)
13 Dmitry Alexandrovich Khomchenko (has been a member of the Management Board since 2019)
14 Tatiana Sergeevna Chernyshova (has been a member of the Management Board since 2019)

In 2020, there were no changes in the composition of the Management Board.

strong>Information about the President and members of the Management Board as of December 31, 2020
Events after the reporting date

On March 05, 2021, the Board of Directors of MTS PJSC adopted the following decisions:

  1. Take into account the fact that on March 12, 2021, the term of office of Alexey Valerievich Kornya as President of MTS PJSC expired, as well as the term of the employment agreement concluded between MTS PJSC and A.V. Kornya.
  2. Appoint Vyacheslav Konstantinovich Nikolaev President of MTS PJSC from March 13, 2021 for a period of three (3) years.
  3. Define the numerical composition of the MTS PJSC Management Board since March 13, 2021 as the following 13 members:
    1. Vyacheslav Konstantinovich Nikolaev — Chairman of the Management Board of MTS PJSC;
    2. Alexey Vizskopbovich Barsegyan;
    3. Sergey Sergeevich Belyakov;
    4. Inessa Galaktionova;
    5. Alexandr Evgenievich Gorbunov;
    6. Ruslan Sultanovich Ibragimov;
    7. Andrey Mikhailovich Kamensky;
    8. Igor Nikolaevich Mishin;
    9. Ilya Valentinovich Filatov;
    10. Aleksandr Aleksandrovich Khanin;
    11. Dmitry Alexandrovich Khalin;
    12. Dmitry Alexandrovich Khomchenko;
    13. Tatiana Sergeevna Chernysheva.
Key Competences of the Management Board Members Composition of the Management Board as of December 31, 2020.
Management Board member Duration of work as Management Board Member Key competences
Strategy
Finance and Auditing
Industry Specialization (telecoms)
Marketing
Legal Issues and Corporate Governance
Risk Management
Risk Management
M&A
GR/IR
A.V. Kornya 11 years
(from September 2008)
A.V. Barsegyan 7 months
(from October 2020)
S.S. Belyakov 11 months
(from October 2020)
I. Galaktionova 1 year
(from February 2019)
A.E. Gorbunov 2 years
(from April 2018)
R.S. Ibragimov 12 years
(from April 2007)
A.M. Kamensky 2 years
(from April 2018)
I.N. Mishin 1 year
(from September 2019)
V.K. Nikolaev 3 years
(from July 2017)
I.V. Filatov 1 year
(from August 2019)
D.A. Khalin 1 year
(from January 2020)
A.A. Khanin 7 months
(from October 2020)
D.A. Khomchenko 1 year (from August 2019)
Т.S. Chernysheva 1 year (from August 2019)

WORK OF MANAGEMENT BOARD

Over the past 2020, 49 meetings were held: 46 in-person meetings and 3 meetings in the form of absentee voting.

Participation of Management Board members in meetings of the Management Board in 2020 The Company did not grant loans (credits) to the President and Management Board in 2020. No claims were raised against the president and management board members of the Company
Member of the Management Board In-person meetings In-absentia meetings
A.V. BarsegyanElected a management board member on October 23, 2020. 8/8 1/1
S.S. Belyakov 17/17 2/2
I. Galaktionova 45/46 3/3
A.E. Gorbunov 46/46 3/3
R.S. Ibragimov 43/46 2/3
A.M. Kamensky 46/46 3/3
A.V. Kornya 46/46 3/3
I.N. Mishin 45/46 3/3
V.K. Nikolaev 30/46 3/3
I.V. Filatov 37/46 3/3
A.A. Khanin 7/7 1/1
D.A. Khalin Elected as a member of the Board from July 1, 2020. 44/46 3/3
D.A. Khomchenko Elected a member of the Management Board on October 23, 2020. 45/46 3/3
Т.S. Chernysheva 45/46 3/3
Significant issues considered at the meetings of the Management Board of MTS PJSC in 2020
  1. On preliminary consideration of materials for the meetings of the Strategy Committee, Audit Committee, Board of Directors of MTS PJSC.
  2. On consideration of issues related to the operation of the MTS PJSC ecosystem.
  3. Controlling reports on MTS Group for Q4 2019 and 2019, Q1, Q2 and Q3 of 2020.
  4. On review of reports on implementation of functional strategies of the MTS Group for 2019 in the field of marketing, sales and services, technology and IT, personnel management, procurement, corporate security and regime, public relations, compliance, corporate social responsibility.
  5. On reviewing compliance and corporate social responsibility strategies for 2020.
  6. On the principles of the KPI system of MTS PJSC for 2020.
  7. On the principles of payment of bonuses and implementation of the long-term material incentive program for MTS PJSC employees in 2020.
  8. On consideration of the results of nomination of MTS PJSC employees for being granted MTS PJSC ordinary shares in 2020 in accordance with the program of the President of MTS PJSC.
  9. On measures to respond to the epidemiological situation, the impact of the economic situation on the business performance of the MTS Group in 2020.
  10. On the program to improve the efficiency of the core business of MTS PJSC.
  11. On the Regulations and composition of the Venture Committee of MTS PJSC.
  12. On approval of the business plan of the MTS Group for 2021 to 2023.
  13. On review of the technological strategy of the MTS Group for 2021 to 2023.
  14. On approval of the work plan of the Management Board of MTS PJSC for 2021.
Statistics of the Management Board’s performance for 2018-2020.
Duration of work in the Management Board