{"pdf_code":"171","content":"
When creating shareholder value, OJSC ALROSA strives to comply with the highest standards of corporate governance. To develop an optimal corporate governance model, the Company focuses on best international practices, legislative requirements and the characteristics of its own shareholder structure.<\/p>\r\n\r\n
ALROSA's corporate governance system is a well-designed organizational structure of managerial and control bodies with the clear interaction mechanism.<\/p>\r\n <\/div>\r\n \r\n
The Company'ssuprememanagerial body is the General Meeting of Shareholders. The SupervisoryBoard carries out strategic managementand controls the Executive Committee\u2019s activities to ensure day-to-day management of the Company. Chairmanof the Executive Committee isthe sole executive body. Three committeesfunction under the SupervisoryBoard whose activities are relating to improvement of the efficiency and quality of work of the Supervisory Board.<\/p>\r\n\r\n
The Company has implemented an effective internal and external control system: two external independent auditors, Auditing Committee and Internal Audit Directorate.<\/p>\r\n\r\n<\/div>\r\n<\/div>\r\n"}