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Rosneft top managers increased their interests in the Company’s charter capital.
Considerable shareholdings in the Company’s charter capital were acquired by Rosneft Vice Presidents Eric Maurice Liron, Zeljko Runje and Igor Maydannik:
Members of the Management Board also increased their interests in the Company’s charter capital as follows:
A number of Rosneft top managers also acquired interests in the Company’s charter capital:
As a result of the management remuneration program which was completed on August 30, 2013 a considerable amount of Rosneft top managers acquired interests in the Company using their own funds as well as borrowings.
Rosneft’s management participation in the charter capital is in line with best international practices and is also an integral part of Rosneft corporate culture. Executives are incentivized to improve the Company’s performance, as well as its operating and financial results. The increase in the charter capital of Rosneft’s top managers exemplifies the confidence in the Company’s further progress and the growth of its shareholder value.
Rosneft Information Division
Tel.: +7 (495) 411 54 20
Fax: +7 (495) 411 54 21
www.rosneft.com
August 30, 2013
These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.