ABOUT THE COMPANY

Gazprom Neft is a vertically integrated oil company whose principal activities include the exploration, development, production and sale of crude oil and gas as well as the production and sale of petroleum products.

SUSTAINABLE DEVELOPMENT STRATEGY

The strategy employed by Gazprom Neft reflects the Company’s commitment to sustainable growth and the establishment of economic and social benefits for a wide range of stakeholders. In developing and implementing the strategy, Gazprom Neft seeks to balance the interests of business and society through the harmonious management of the economic, environmental and social aspects of its activities.

SUSTAINABILITY MANAGEMENT AND STAKEHOLDER ENGAGEMENT

The standards and mechanisms of Gazprom Neft’s corporate governance system enable the Company to observe sustainable development principles at all levels of operations — from planning the corporate strategy to solving daily business tasks. The Company’s corporate governance system is one of the key factors in the continued growth of Gazprom Neft.

HUMAN RESOURCE DEVELOPMENT

Gazprom Neft’s employees are the Company’s key asset and strategic partners in achieving its sustainable development goals. The Gazprom Neft’s team includes professionals with a high level of involvement who share the Company’s values. Taking care of their well-being and attracting and retaining the best employees is a top priority for Gazprom Neft.

SAFE DEVELOPMENT: INDUSTRIAL AND ENVIRONMENTAL SAFETY, OCCUPATIONAL HEALTH AND SAFETY, ENERGY EFFICIENCY AND ENERGY CONSERVATION

Industrial and environmental safety is a major priority for Gazprom Neft. The Company places the life and health of its employees above all else. Any work that threatens people’s lives or health must be stopped immediately. The Company invests in modernising its oil refining assets and enhancing the environmental and industrial safety levels of its enterprises.

REGIONAL POLICY AND DEVELOPMENT OF LOCAL COMMUNITIES

The sustainable development of the Company and the regions where it operates is inextricably linked. When planning and carrying out its activities, Gazprom Neft seeks to enhance the competitiveness of the regions and improve the quality of life of local communities. In an effort to meet these objectives, Gazprom Neft implements a social investment programme and develops cooperation with all stakeholders.