The Supervisory Board of Energoatom has taken note of the letter dated 5 November 2026 from Member of Parliament Andriy Herus concerning the Company’s electricity trading activities, including electricity sales auctions.
The Supervisory Board takes seriously any allegation of potential market manipulation or misuse of inside information in the Company’s commercial activities.
Energoatom continues the independent analysis of its governance and internal controls, which has been performed by EY since June 2026 and already covers the Company’s electricity sales. The Supervisory Board has confirmed that the matters raised in the letter, including the auctions referred to in it, will be included in this analysis. The analysis will examine how the auctions concerned were prepared, approved and documented, whether the applicable policies and procedures were followed, and whether the internal controls over electricity sales are adequate. It will also identify any weaknesses requiring corrective action. The work is carried out under the oversight of the Audit Committee of the Supervisory Board.
Questions of individual responsibility are matters for the Company and, where appropriate, the competent authorities. The Supervisory Board will ensure that any information indicating potential violations is referred to the competent authorities, and the Company will cooperate fully with them.
The Supervisory Board will inform the Cabinet of Ministers of Ukraine, representing the State as shareholder, of the outcome and of any corrective actions, and will provide appropriate information to Parliament and the public, subject to applicable legal and confidentiality requirements and to the terms of the engagement.
Transparency, integrity and accountability are fundamental principles of Energoatom’s corporate governance. Any confirmed violations will be addressed in accordance with Ukrainian law.
