Risk management system

Relevant departments of the Company, which are risk owners within their operating activities, are involved in identification, severity assessment and development of measures to minimise specific risks.

Financial risk management in the Company is carried out in accordance with the financial risk management policy of JSC FPC (hereafter the Policy), approved by the Board of Directors. In accordance with the Policy, the Company defines and identifies financial risks and determines the principles and processes to manage them.

The major risks map shows the main risks and the JSC FPC’s measures aimed at reducing the likelihood of their realisation.