Management Approach

Employees are one of NOVATEK’s key success and growth factors. Committed to their well-being, the Company makes every effort to provide a safe, fair, and inclusive work environment.

To ensure the best working conditions and professional development of its employees, the Company is building an effective HR management system. At the highest governance level, matters related to HR management are annually reviewed by the Board of Directors and the Remuneration and Nomination Committee. At the executive body level, HR management and internal social policy, including diversity and inclusion matters, are the responsibility of the Deputy Chairman of the Management Board.

In matters related to HR management, the Company is guided by such corporate documents as the Human Rights Policy, the Code of Business Conduct and Ethics, the Collective Bargaining Agreement and internal regulations and rules.

Matters related to HR management are monitored both at the Board of Directors level by the Remuneration and Nomination Committee and at the executive body level by the Deputy Chairman of the Management Board, who is responsible for HR management and internal social policy, including on diversity matters.