Corporate
governance
Highest governing body
Collegial executive body. Provides strategic planning, approves and reviews the performance results, makes decisions on priority issues of the business block (strategy and investments; HR; corporate governance).
For efficient management of the current operational activity of the oil and gas producing business in Ukraine the operating company SMART ENERGY LLC (Ukraine) was established.
Operating company responsible for the development of projects in the field of exploration and commercial development of hydrocarbon deposits in the structure of the oil and gas producing business of SMART HOLDING Group. One hundred percent (100%) of the company’s shares belong to SMART ENERGY (CY) LTD (Cyprus). The company implements the development strategy and manages current operations.
General Meeting of Participants
Supervisory body. Supervises the implementation of the development strategy and controls the performance of the management.
Executive body. Responsible for the implementation of the development strategy and management of current operations.