Board of directors
In accordance with p. 10.7 Sec. 10 of the Company’s Charter, the Board of Directors of the Company comprises 9 members.
In accordance with the Amendments to the Charter of the Company dd. September 30, 2016 (approved by the Minutes dd. October 04, 2016), the Board of Directors was reduced to 6 members.
The Board of Directors of PJSC “Russian Aquaculture” carries out overall management of the Company’s operations within its competence and reports to the general meeting of shareholders in the course of its operation.
Apart from the effective legislation of the Russian Federation, the operation of the PJSC “Russian Aquaculture” Board of Directors is governed by the Charter of the Company and the Provision on the Board of Directors approved by the annual General Meeting of Shareholders (Minutes No. 42 dd. April 17, 2015).
The composition of the Board of Directors of PJSC “Russian Aquaculture” is balanced with regard to the interests of all the parties involved; on November 14, 2016, the shareholders elected three independent directors who fully comply with the independence criteria of the Corporate Governance Code of the Bank of Russia and listing rules of CJSC “MICEX SE” to the Board of Directors of PJSC “Russian Aquaculture”.
In 2016, the Company was governed by the Board of Directors in three compositions.
The current Board was elected on November 14, 2016 at the extraordinary General Meeting of Shareholders.