Board of Directors

In accordance with Rosneft’s Charter, the Board of Directors is responsible for general management of the Company except for certain matters within the authority of Rosneft’ General Shareholders Meeting, as provided for by applicable Russian legislation and the Company’s Charter.

As the key element of Rosneft’s corporate governance system, the Board of Directors ensures efficient management of the Company and control over its executive bodies, continuous and dynamic interaction among all corporate functions, and protection of shareholder rights.

Members of Rosneft’s Board of Directors are elected by the General Shareholders Meeting until the close of the next Annual General Shareholders Meeting.

Rosneft’s Board of Directors consists of nine members, and has a balanced combination of executive, non-executive, and independent directors (independent members hold one-third of the Board’s seats).

The Board’s principal role, powers, and functions are regulated by the following internal documents:

Rosneft’s Charter (Rosneft_Charter.pdf, 213Kb)

Regulation on Rosneft’s Board of Directors (Regulations_on_the_Board_of_Directors.pdf, 80Kb)

Rosneft’s Corporate Governance Code (Corporate_Governance_Code.pdf, 123Kb)

Igor Sechin Chairman of Rosneft’s Board of Directors Biography

Sergey Bogdanchikov Member of the Board of Directors, President of Rosneft Biography

Hans-Joerg Rudloff Independent Member of Rosneft’s Board of Directors, Chairman of the Audit Committee, Member of the HR and Remuneration Committee Biography

Andrey Kostin Independent Member of Rosneft’s Board of Directors, Chairman of the HR and Remuneration Committee, Member of the Audit Committee Biography

Alexander Nekipelov Independent Member of Rosneft’s Board of Directors, Chairman of the Strategic Planning Committee, Member of the Audit Committee Biography

Yury Petrov Member of Rosneft’s Board of Directors Biography

Sergey Naryshkin Deputy Chairman of Rosneft’s Board of Directors, Member of the HR and Remuneration Committee Biography

Gleb Nikitin Deputy Chairman of Rosneft’s Board of Directors, Member of the Strategic Planning Committee Biography

Andrei Reus Member of Rosneft’s Board of Directors, Member of the Strategic Planning Committee Biography