Settlement of Conflicts of Interest

The Company has a commission for conflict of interest settlement chaired by the Deputy General Director for Security. The Corporate Security Centre is in charge of reviewing conflict of interest declarations.

In 2024, 32 situations showing signs of conflict of interest were reviewed, which involved the verification of 35 conflict of interest declarations submitted by the persons involved. Conflict of interest was established in 23 cases. The incidents were related to the participation of the employee or related persons in the activities of commercial entities engaged with JSC FPC, as well as the subordination or controllability of relatives. Executives were subject to 19 verifications (59%). All discovered conflicts of interest were resolved through employee disclaimer of personal interest, restriction of decision‑making and control functions, transfer of an employee to another position within the Company, refusal to approve a candidate for a position involving a conflict of interest.

Settlement of Conflicts of Interest