Corporate governance system
The corporate governance system in place at the Russian Railways Group allows for:
- implementing the policy of Russian Railways, including the dividend policy, with respect to subsidiaries;
- establishing the management and supervisory bodies of subsidiaries;
- monitoring the business planning process and financial and economic activities of S&A;
- monitoring the disposal of the non-core assets of Russian Railways subsidiaries;
- interacting with shareholders and investors while observing the rights of minority shareholders, including when arranging transactions associated with the purchase and sale of stakes in S&A;
- balancing the goals of the Russian Railways Group and the strategic activities of the Group’s companies.