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Corporate governance

Efficient corporate governance is one of the crucial drivers for improvement of the Сompany’s competitiveness. Development of the Company is impossible without an efficient structure in place that regulates the relations between the Board of Directors, the executive board and the shareholders, without investors being sure that the Company’s management spends their funds in a reasonable manner to achieve capitalization growth.

PJSC LUKOIL corporate governance system aims to establish and preserve reliable trustful relations with the community of investors and shareholders, which facilitates a further increase in the Company’s investment appeal.

The information available in this section gives a detailed insight into the principles of interaction between LUKOIL and its shareholders and gives an idea of the Company’s general management and of the way the shareholders control the measures taken by the management.