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Information Concerning Individual Members of the Issuer’s Management Bodies
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| bet | 23/248 | | Sana | 01.04.2017 | | Hajmi | 406.56 Kb. | | #2785 |
No such obligations arose in the reporting period.
Other obligations that are not accounted for in the accounting (financial) statements and may materially affect the issuer’s financial standing, liquidity, sources of funding and terms of its use, performance and expenses: none
2.4. Risks Associated with the Acquisition of Securities (Being) Placed
Risk management policy of the issuer:
PJSC ROSSETI’s performance is affected by risks determined by a number of external factors. Risks are mostly due to macroeconomic factors impacting the Russian economy and certain areas of the Company’s activities.
The list of such risks provided below is incomplete since there are other risk which are currently not significant, but may have an adverse impact on the Company’s activities if the probability of their occurrence and the level of their significance become higher.
The Company operates the risk management system (hereinafter, the “RMS” or the “system”) covering the levels of PJSC ROSSETI and its subsidiaries and dependent companies. The fundamental principles, goals and objectives, and general approaches to its operation organization and the distribution of responsibilities among its participants are defined in the Risk Management Policy of PJSC ROSSETI (hereinafter, the “Policy”) approved by the Company’s Board of Directors. The boards of directors of electric grid subsidiaries and dependent companies (SDCs) approved similar documents. The Policy is implemented in accordance with internal methodologies and regulations that govern the process of organizing the system and detail risk management methods and tools, including procedures for identifying, assessing, and managing specific types of risks.
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