CORPORATE GOVERNANCE
Governance Bodies
Globaltruck attaches great importance to its corporate governance procedures. Transparency about administrative processes and disclosure of information about the company's activities are considered to be the most important factors for effective growth and sustainable development of the Company.

The Company is in compliance with the corporate governance requirements applicable to it as a Russian public company listed on the Moscow Exchange. In accordance with the relevant provisions of Russian law, the Company has the following governance bodies: the General Shareholders' Meeting, the Board of Directors and the Sole Executive Body (the General Director). The Board of Directors is assisted by two committees vested with special functions: the Nomination and Remuneration Committee and the Audit Committee. The Company's corporate governance bodies operate in accordance with the laws of Russia, the Company's Charter and the Company's internal documents.
General Shareholders' Meeting
The powers of a General Shareholders' Meeting are set out in the Joint Stock Companies Law and in the Company's Charter. A General Shareholders' Meeting may not decide issues that are not included in the list of its authority under the Joint Stock Companies Law and the Charter.
Board of Directors
The Board of Directors is responsible for general management matters, with the exception of those matters that are designated by law and the Company's Charter as being the exclusive responsibility of the General Shareholders' Meeting. The Board of Directors determines the Company's development strategy and has overall responsibility for the Company during the period between General Meetings of shareholders.

The Company's Board of Directors consists of nine members, including three independent directors.
ANDREY GOSTYAEV
Chairman of the Board
Andrey Gostyaev has been a member of the Board of Directors of the Company since July 2017 and the Chairman of the Board of Directors since September 2017. Mr. Gostyaev has also been the Chairman of the Board of Directors of Lorry since 2007 and acts as an advisor to the CEO (General Director) of Lorry. Mr. Gostyaev has more than 14 years of experience in logistics sector in various senior management positions. Previously, he was the Commerce Director and Chief Financial Officer at Lorry in 2003-2007. Mr. Gostyaev received a degree in engineering from Magnitogorsk Mining and Metallurgical Institute in 1986.
ALEXANDER ELISEEV
Member of the Board, General Director
Alexander Eliseev has been a member of the Board of Directors of the Company since July 2017. Mr. Eliseev has more than 15 years of experience in the logistics sector in various senior management positions. Mr. Eliseev co-founded Globaltrans in 2004. Mr. Eliseev has also been a member of the Board of Directors of Globaltrans since 2008 and the member of the Board of Directors of Globaltrans subsidiaries New Forwarding Company (since 2003), GTI Management (since 2014) and AS Spacecom (since 2015). Mr Eliseev has been the member of the Board of Directors of Ural Car Repair Company since 2006 and a member of the Board of Directors of BTS LLC since 2014. Mr. Eliseev received a degree from the Russian State Medical University in 1992.
DENIS LESNYKH
Member of the Board, Chief Financial Officer
Denis Lesnykh has been a member of the Board of Directors since July 2017. He has also been the Head of the Board of Directors at Magna, Longrun and GTL since 2014 and a member of the Board of Directors at Lorry since 2013. Mr. Lesnykh has more than 15 years of experience in the logistics sector in various senior management positions. Mr. Lesnykh received a degree in finance from Voronezh State University.
ELIZAVETA MARKUNINA
Member of the Board, Head of Legal
Elizaveta Markunina has been a member of the Board of Directors since September 2017. She has also been a member of the Board of Directors at GTL and Lorry since 2013 and the Head of the Legal and Corporate department at GTL since 2013. Prior to joining the Group, Ms. Markunina was the Head of the Legal and Corporate department at LLC Transconsult Management and the Head of the Legal and Corporate department at LLC Logistics and Transport from 2007 to 2013. Ms. Markunina received a degree in jurisprudence from the Russian University of Transport in 2007.
VALENTIN SHADROV
Chief Information Officer
In addition to being a member of Board of Directors, Mr. Shadrov is also the Chief Information Officer. Prior to joining the Group, Mr. Shadrov worked at the Grain Company Nastyusha from 2007 to 2009 and from 2010 to 2012. Mr. Shadrov received a degree in economics from Peoples' Friendship University of Russia in 2007 and a degree in jurisprudence from the Stolypin Institute of Humanities in 2010.
ANASTASIA LEVASHOVA
Member of the Board, Independent Director
Anastasia Levashova has been a member of the Board of Directors since September 2017. She is also a portfolio manager at Blackfriars Asset Management in London. Ms. Levashova had more than 15 year experience in emerging markets in London, New York and Moscow before joining Blackfriars in 2014. She started her career at Firebird Management in New York and in 2006 she moved to Moscow to open the Bank of America Merrill Lynch Russia & CIS office as strategist and head of research. During 2007-2009, she was responsible for Merrill Lynch's Russian sales and trading in equities and derivatives. In 2011-2013 she was the Head of EMEA sales at BNP Paribas in London. Ms. Levashova holds a PhD from Moscow Lomonosov State University in International Relations and Masters from Columbia University in International Finance.
NATALYA YAKOVLEVA
Member of the Board, Independent Director
Natalya Yakovleva has been a member of the Board of Directors since September 2017. She is also a partner at PricewaterhouseCoopers, where she has worked since 1993 and followed a career path from a specialist to a partner. Ms. Yakovleva has also been a member of the Board of Directors at media research company Mediascope since December 2016. Ms. Yakovleva received a degree in international economics from the Moscow State Institute of International Relations in 1994.
Tagir Sitdekov
Member of the Board
First Deputy CEO of Russian Direct Investment Fund
Prior to joining RDIF, Tagir worked as managing director at A1 (Alfa Group's private equity arm). He has more than 10 years of private equity experience. Tagir participated in a number of landmark PE transactions including investment into the leading Russian beer producer Baltika, with the subsequent exit through the sale of the stake to the majority shareholder BBH Group. He also was part of the joint acquisition, alongside Goldman Sachs, of a 50% stake in one of the largest car dealerships in Russia, Nezavisimost. He graduated from the Plekhanov Russian University of Economics (Russia) and the University of Chicago Booth School of Business (Executive MBA).
Alexander Lobanov
Member of the Board
Senior Vice President of Russian Direct Investment Fund
Alexander has more than 12 years of experience in investment industry, including 10 years in Russian and international private equity funds. Currently he is the Senior Vice President of Russian Direct Investment Fund. In 2006 he graduated from the State University – Higher School of Economics with a Master degree in Economics.
Key Management
The Company does not have a Management Board and executive functions are carried out by its Sole Executive Body (the General Director).

The Company's General Director is its chief executive officer who is responsible for the Company's day-to-day activities. The General Director exercises executive authority over all of the Company's activities, except for issues specifically reserved for the exclusive authority of the General Shareholders' Meeting and Board of Directors. Under the Charter, the Board of Directors appoints the General Director for a one year term and may re-appoint him or her an unlimited number of times. The term of the current General Director, Mr. Alexander Eliseev, expires in September 2018.
ALEXANDER ELISEEV
Member of the Board, General Director
Alexander Eliseev has been a member of the Board of Directors of the Company since July 2017. Mr. Eliseev has more than 15 years of experience in the logistics sector in various senior management positions. Mr. Eliseev co-founded Globaltrans in 2004. Mr. Eliseev has also been a member of the Board of Directors of Globaltrans since 2008 and the member of the Board of Directors of Globaltrans subsidiaries New Forwarding Company (since 2003), GTI Management (since 2014) and AS Spacecom (since 2015). Mr Eliseev has been the member of the Board of Directors of Ural Car Repair Company since 2006 and a member of the Board of Directors of BTS LLC since 2014. Mr. Eliseev received a degree from the Russian State Medical University in 1992.
ANDREY ATLANOV
Head of Business Development
Andrey Atlanov has been working in the logistics industry for more than 19 years, in such companies as the Sibirsky Bereg Group of Companies (from 2001 to 2007) and PELK LLC (from 2007 to 2009). Mr. Atlanov has also been the General Director of Longrun since 2012. Mr. Atlanov received a degree from Novosibirsk State University in 1997.
ARTEM GOMENYUK
Chief Operating Officer
Artem Gomenyuk has been working in the logistics industry for more than 15 years. Mr. Gomenyuk has also been the General Director of Magna since 2007. Mr. Gomenyuk received a degree in technology and business from Magnitogorsk Mining and Metallurgical Institute in 2002.
GALINA CHEPOVSKAYA
Deputy General Director
Galina Chepovskaya has been working in the transportation and logistics industry for more than 14 years and was previously the General Director of Lorry in 2013. Before that, she worked with the Group as logistics engineer since 2003. Ms. Chepovskaya received a degree from Kemerovo State University in 1994.
VALENTIN SHADROV
Chief Information Officer
In addition to being a member of Board of Directors, Mr. Shadrov is also the Chief Information Officer. Prior to joining the Group, Mr. Shadrov worked at the Grain Company Nastyusha from 2007 to 2009 and from 2010 to 2012. Mr. Shadrov received a degree in economics from Peoples' Friendship University of Russia in 2007 and a degree in jurisprudence from the Stolypin Institute of Humanities in 2010.
DENIS LESNYKH
Chief Financial Officer
In addition to being a member of Board of Directors, Mr. Lesnykh is also the Chief Financial Officer. He has also been the Head of the Board of Directors at Magna, Longrun and GTL since 2014 and a member of the Board of Directors at Lorry since 2013. Mr. Lesnykh has more than 15 years of experience in the logistics sector in various senior management positions. Mr. Lesnykh received a degree in finance from Voronezh State University.
VLADISLAV FADYUSHIN
Chief Commercial Officer
Vladislav Fadyushin has been working in the logistics industry for more than 17 years. Prior to joining the Group, Mr. Fadyushin served as Chief Commercial Officer at Transsibural in 2003 to 2015. Mr. Fadyushin received a degree in management from the Russian Presidential Academy of National Economy and Public Administration in 1998.
ROMAN BELIKOV
Head of Lending Department
Roman Belikov has been working in the logistics industry for more than 15 years, in such companies as Transgarant, MMK-Trans and MMK-Transmetsnab. Mr. Belikov has been the Group's Head of the Lending Department since 2015. Mr. Belikov received a degree in management from Voronezh State University in 1998.
Committees of the Board of Directors
To improve the effectiveness of resolutions passed by the Board of Directors, ensure more detailed preliminary discussions of most important matters and prepare relevant recommendations, Globaltruck has two dedicated Committees of the Board of Directors.
Audit Committee
The Company's Audit Committee, currently consisting of three members oversees the Group's financial reporting activity. The committee reviews, on an independent basis, the financial information provided by the Group's management as well as the systems of internal controls that concern financial and accounting compliance. The committee also supervises the Group's auditing, accounting and financial reporting processes more generally. The current members of the Audit Committee are Gennady Margolit, Anastasia Levashova and Natalya Yakovleva (the Head of the committee).
Nomination and Remuneration Committee
The Company's Nomination and Remuneration Committee, currently consisting of three members, oversees the Group's remuneration and human resources activity. The committee advises the Board of Directors on determining the base salary and other compensation for the General Director and the officers reporting directly to the General Director, and on establishing performance targets for senior management and variable pay schemes for other employees. The committee also reviews the Group's personnel policy and human resources processes including those relating to recruitment and benchmarking. The current members of the Nomination and Remuneration Committee are Denis Lesnykh, Elizaveta Markunina and Gennady Margolit (the Head of the committee).