Information policy and disclosure

Gazprom Neft aims to promptly and regularly convey information about its operations to all those interested in receiving it to the extent necessary for them to make an informed decision about participation in the Company or other actions that are capable of affecting the Company’s financial and business operations.

Gazprom Neft has developed and introduced an Information Policy that ensures effective information interaction between the Company, shareholders, investors and other stakeholders.

The information disclosed by the Company is balanced and objective, as evidenced above all by the fact that the Company does not shy away from disclosing negative information about itself, understanding the importance of such information for shareholders and potential investors.

The Company’s official website ( ) contains its Charter and internal documents, data about the structure of equity, information about governing bodies, information about the independent auditor and registrar, and information that must be disclosed in the forms prescribed by current legislation and the Company’s internal documents, including Gazprom Neft’s annual reports.

Gazprom Neft maintains a special web page ( ) with answers to FAQs from shareholders and investors, a regularly updated calendar of corporate events, dividend history, key performance indicators and other useful information for shareholders and investors.

Gazprom Neft organises regular presentations and meetings for members of the Company’s executive bodies and other key senior officials with investors and analysts, including meetings related to the disclosure (publication) of the Company’s accounting (financial) statements or related to the Company’s core investment projects and strategic development plans.

The Company discloses information on its website about the organisations it controls, specifically citing a list of such organisations, their core activities as well as a link to the website of the organisation, as prescribed by the recommendations of the Russian Code of Corporate Governance.

Gazprom Neft executive bodies handle the implementation of the information policy for the Company. The Company’s Board of Directors monitors compliance with the information policy.

The Company attaches great importance to cooperation with current and potential shareholders. The level of information disclosure for Gazprom Neft shareholders and investors has expanded significantly in recent times, as evidenced by a number of studies by independent agencies concerning investor relations as well as awards conferred upon the Company for this area of its activities.