The Supervisory Board of Joint Stock Company National Nuclear Energy Generating Company Energoatom ("Energoatom" or the "Company") is launching an international search for its next Chief Financial Officer (Member of the Management Board).

About Energoatom
Energoatom is Ukraine's largest electricity generation company and the licensed operator of the country's nuclear power fleet, providing more than 55% of Ukraine's electricity generation and serving as the cornerstone of the nation's energy security.
The Company operates three nuclear power plants — Rivne, South Ukraine, and Khmelnytskyi — while the Zaporizhzhia Nuclear Power Plant remains under temporary Russian military occupation. Together, these facilities constitute one of Europe's largest nuclear operating fleets. Energoatom also operates hydroelectric and pumped-storage generation assets and manages Ukraine's Centralized Spent Nuclear Fuel Storage Facility.
With approximately 30,000 employees, Energoatom is among Ukraine's largest state-owned enterprises and one of the country's most strategically significant organizations.
The Company is implementing one of Europe's most ambitious nuclear development programs, including modernization and long-term operation of the existing fleet, completion of Khmelnytskyi Units 3 and 4, deployment of new NPP technologies, development of future Small Modular Reactor (SMR) capabilities, expansion of spent fuel infrastructure, and continued integration into the European and global nuclear community. Simultaneously, Energoatom is strengthening its corporate governance framework, organizational capability, operational resilience, and international partnerships in accordance with the highest global standards.

A Unique Leadership Opportunity
Few Chief Financial Officer roles combine the scale, strategic complexity, and long-term impact of this appointment.
Energoatom is entering a decade that will define the future of Ukraine's energy system. The Company must simultaneously preserve financial resilience under wartime conditions, modernize one of Europe's largest nuclear operating fleets, finance a multi-billion-dollar investment program, strengthen institutional governance, and build lasting confidence among governments, international financial institutions, export credit agencies, and strategic partners.
The Chief Financial Officer will be expected to shape the financial architecture that enables this transformation.
This is not a role focused solely on financial control. It is a mandate to build an institution capable of financing Ukraine's long-term nuclear future. Success will depend on integrating capital allocation, financing strategy, enterprise performance, investment governance, treasury, financial risk, and executive decision support into a coherent financial operating model that enables long-term strategic execution.
The successful candidate will have a unique opportunity to help transform Energoatom into one of Europe's most financially disciplined, transparent, and investment-ready state-owned enterprises, creating the financial platform required to support the country's long-term energy security and economic resilience.

The Leadership Challenge
The next Chief Financial Officer will inherit one of the most demanding financial leadership mandates in the international energy sector.
The Company operates in an environment where financial decisions extend far beyond traditional corporate finance. Every major capital allocation directly influences the safe operation of nuclear facilities, long-term asset integrity, strategic investment capacity, and Ukraine's broader energy resilience.
At the same time, Energoatom must evolve into a financial institution capable of supporting one of Europe's largest long-term infrastructure investment programs. This requires a finance function that combines institutional credibility with analytical sophistication, disciplined governance, transparent decision-making, and sustainable access to international capital markets.
The successful candidate will be expected to establish financial governance that meets the expectations of the Supervisory Board, Government of Ukraine, international financial institutions, export credit agencies, technology partners, lenders, and future investors. Equally important, the CFO must ensure that finance becomes an active strategic partner to the Management Board—shaping investment decisions, strengthening enterprise performance, and enabling disciplined execution of the Company's long-term strategy.
Success will require balancing liquidity, affordability, investment ambition, public accountability, geopolitical uncertainty, and long-term value creation while building a finance organization capable of sustaining this agenda well beyond the current executive team's mandate.

Candidate Profile
The Supervisory Board seeks an accomplished Chief Financial Officer with demonstrated success leading finance organizations in large-scale, capital-intensive enterprises where long investment cycles, complex stakeholder environments, and disciplined capital allocation determine long-term business success.
The successful candidate should demonstrate the ability to:

• develop long-term financial strategies supporting multi-billion-dollar infrastructure and capital investment programmes; 
• secure sustainable financing through international financial institutions, export credit agencies, commercial lenders, and strategic financing partners; 
• establish world-class financial governance, enterprise performance management, treasury, internal controls, and capital allocation frameworks; 
• serve as a trusted strategic adviser to CEOs, Executive Committees, and Boards on investment decisions, enterprise transformation, and long-term value creation; 
• build modern finance organizations combining analytical excellence, digital capability, business partnership, and strong financial stewardship; 
• lead organizations through periods of geopolitical uncertainty, market volatility, institutional transformation, or large-scale change while maintaining financial resilience and organizational stability. 

Candidates with executive leadership experience in energy, utilities, infrastructure, industrial, transportation, mining, defence, telecommunications, or other capital-intensive sectors will be particularly well positioned for success.
Experience working with organizations such as the EBRD, World Bank Group, IFC, IMF, Euratom, U.S. EXIM, JBIC, KEXIM, or comparable international financing institutions will be considered a significant advantage.
Fluency in Ukrainian and advanced proficiency in English are essential.

Strategic Mandate
The Chief Financial Officer will be responsible for establishing the financial foundation that enables Energoatom to deliver its long-term strategic ambitions while preserving financial resilience, institutional credibility, and disciplined stewardship of public resources.
Working in close partnership with the Chief Executive Officer and the Management Board, the CFO will shape the Company's long-term financial strategy, ensuring that capital allocation, financing decisions, investment governance, treasury, and enterprise performance management consistently support the Company's strategic priorities.
A central element of the mandate will be building a modern financial institution capable of supporting one of Europe's largest long-term nuclear investment programs. This includes strengthening investment readiness, securing sustainable access to domestic and international sources of capital, developing trusted relationships with international financial institutions, export credit agencies, governments, lenders, and strategic financing partners, and ensuring that the Company meets the governance and transparency standards expected by sophisticated global investors.
The Chief Financial Officer will also lead the modernization of Energoatom's financial operating model by strengthening financial governance, internal controls, enterprise planning, capital allocation, management reporting, and decision support. The finance function is expected to evolve into a strategic partner that enables higher-quality executive decisions through objective analysis, disciplined financial challenge, and integrated enterprise performance management.
Equally important, the CFO will build an enduring finance organization characterized by strong leadership capability, advanced analytical expertise, digital maturity, and a culture of accountability, ensuring that Energoatom develops the institutional financial capability required to support Ukraine's long-term nuclear strategy well beyond the current executive team's mandate.

Key priorities will include:

• safeguarding long-term financial resilience, liquidity, funding capacity, and enterprise financial sustainability; 
• developing financing strategies for fleet modernization, lifetime extension, new nuclear development, and other strategic investment programs; 
• establishing internationally recognized financial governance, investment governance, capital allocation, and enterprise performance management frameworks; 
• strengthening financial transparency, internal controls, treasury, financial risk management, and management reporting; 
• building trusted relationships with international financial institutions, governments, export credit agencies, commercial lenders, investors, and strategic financing partners; 
• embedding value-based financial decision-making across strategic planning, investment management, and executive decision-making;
• developing a high-performing finance organization capable of sustaining long-term institutional excellence and supporting Energoatom's future growth.

Selection Principles
The Supervisory Board is committed to conducting a professional, independent, and competitive appointment process consistent with leading international governance standards.
The following principles will guide the selection process:

• Merit-Based Assessment. All candidates will be assessed solely based on their qualifications, experience, achievements, leadership capability, and suitability for the role.
• Independence and Objectivity. Decisions throughout the process will be taken independently, free from undue influence, conflicts of interest, or bias.
• Equal Opportunity and Fairness. All candidates will be provided with equal opportunities and assessed against a common set of criteria.
• Transparency and Process Integrity. The Supervisory Board will ensure a structured, consistent, and transparent process in accordance with approved procedures and evaluation criteria.
• Confidentiality. Information provided by candidates will be used solely for assessment and handled in accordance with applicable legal requirements and professional standards.
• Integrity and Reputation. Particular attention will be given to candidates’ professional ethics, integrity, and reputation.
• Long-Term Value Creation. Candidates will be assessed on their ability to deliver sustainable, long-term development, strategic execution, and value creation for the Company and its shareholders.

The Supervisory Board will maintain its oversight and governance role following appointment, including through regular performance reviews and accountability mechanisms consistent with the Company’s corporate governance framework and applicable law.
The Supervisory Board will make the final appointment decision following a comprehensive assessment of candidates against the Company’s strategic needs and its critical role in Ukraine’s energy future.

Search Process
To support a rigorous, independent, and internationally benchmarked selection process, the Supervisory Board has appointed Korn Ferry as its executive search and leadership advisory partner.
Korn Ferry will conduct a global search, assess executive and leadership capabilities, and support the Supervisory Board throughout the selection process.
Interested candidates are invited to submit:

• A curriculum vitae (CV);
• A brief statement of motivation;

In both Ukrainian and English to: [email protected] 
Compensation for the role will be commensurate with its strategic importance and benchmarked against international comparators for organizations of equivalent scale and complexity.
Note: Citizens of all countries are welcome to apply, subject to applicable Ukrainian legislation and national security requirements.

Application Deadline
20 August 2026

Candidates progressing through the selection process may be invited to participate in executive interviews, leadership assessments, presentations of their long-term financial vision for Energoatom, and comprehensive integrity and background reviews.
Only shortlisted candidates will be contacted regarding subsequent stages of the process.
The Supervisory Board encourages applications from exceptional finance leaders capable of building the financial institution that will support Ukraine's long-term nuclear future while strengthening Energoatom's resilience, international credibility, and investment readiness.