Corporate Governance
Improving corporate governance and the management structure in line with leading principles and international practice is one of Volkovgeology JSC’s priorities.
The corporate governance system is intended to increase transparency and maintain reliable, effective relations with shareholders and investors.
Corporate governance principles
- 01Protection of shareholders’ rights and interests
- 02Effective oversight by the Board of Directors and the Management Board
- 03Transparency and objectivity of the Company’s activities
- 04Legality and ethics
- 05Effective dividend policy
- 06Effective human resources policy
- 07Environmental protection
- 08Occupational safety
- 09Resolution of corporate conflicts and conflicts of interest
- 10Accountability
Governance system
Corporate governance bodies
Supreme body
General Meeting of Shareholders
Governing body
Board of Directors
Control body
Internal Audit Service
Reports to the Board of Directors
Executive body
Management Board
Capital structure
Major shareholders
- 65.1%
NAC Kazatomprom JSC
voting shares
- 24.9%
Ulba Metallurgical Plant JSC
voting shares
- 10%
Individuals
holders of preferred shares
The corporate governance structure clearly defines the division of authority between the governing bodies of Volkovgeology JSC.