Professional standards and personel assessment

G4-LA11 GC-6

Work is being carried out to implement Federal Law dated May 2, 2015 No. FZ-122 regarding the application of professional standards at LUKOIL Group entities. PJSC LUKOIL established a working group and developed unified approaches to treating professional standards at LUKOIL Group entities, with employee duties and grades currently being aligned with the requirements of professional standards.

Following the adoption of Federal Law dated July 3, 2016 No. FZ-238 On Independent Assessment of Qualifications, the President of the Company established a Qualification Assessment Center using the resources of OOO LUKOIL INFORM. Its operational procedures and methodologies for qualification assessment are being developed.

In 2015 and 2016, 2.2% of employees of LUKOIL Group’s Russian entities were covered by the assessment. G4-LA11 GC-6

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