Remuneration paid to members of the Board of Directors
The procedure and terms of remuneration payment to members of the Board of Directors of MTS PJSC are defined in accordance with the Regulations on remunerations and compensations paid to members of the Board of Directors
The remuneration system applicable to the members of the Board of Directors provides for approach of financial interests of directors with long-term financial interests of shareholders.
Detailed information is disclosed in clause 4.2.1. Report on the fulfilment of the principles and recommendations of the Corporate Governance Code.
Indicator Name | Total, RUB |
---|---|
Remuneration for participation in operations of the management body | 166,121,304.55 |
Cost compensations | 577,424.10 |
TOTAL | 166,698,728.65 |
What is remuneration made of?
The remuneration is paid to directors not being employees and members of the executive bodies of MTS, companies of the MTS Group, as well as the controlling shareholder of MTS or persons controlled by it. Overheads are compensated to all directors in accordance with actually made and documented target expenses.
TOTAL AMOUNT:
CHAIRMAN/
OTHER DIRECTORS
01 \
BASIC REMUNERATION
CHAIRMAN/DIRECTOR
- paid for performing the duties of a member of the Board of Directors of the Company during the Corporate Year
02 \
REMUNERATION FOR SITTING ON COMMITTEES
CHAIRMAN/DIRECTOR
- paid for fulfilment of additional obligations related to work on the Committees under the Board of Directors
03 \
GRANTING OF SHARES
- additional remuneration in the form of remuneration with shares is paid following work results for the corporate year. There are restrictions in respect
to shares The Director is not entitled to alienate or otherwise dispose of the Shares received as a remuneration within three years from the date of the first receipt of the shares as a Remuneration.