Antitrust Policy

The company operates in strict accordance with the antimonopoly state regulation, legislation, recommendations of the Federal Antimonopoly Service (FAS Russia) and international regulatory standards.

The antitrust policy of the Tatneft Company is a system of internal corporate measures aimed at ensuring employees' awareness of the requirements of the current antitrust laws, compliance with these requirements and personal responsibility for their violation, timely identification and prevention of regulatory risks, the formation of high corporate standards of free and fair competition.

The company purposefully and consistently implements measures ensuring the inadmissibility of violations of antitrust laws in all business segments. The Company’s standards of business ethics provide for the rules of conduct for employees aimed at preventing violations of antitrust laws.

On a regular basis, we are improving internal corporate procedures aimed at preventing and preventing violations of the existing antitrust laws, including appropriate informing, training and advanced training of personnel on antitrust regulation issues.

For the period 2016–2018 Four cases of violation of antitrust laws were completed:

* In January 2019, the earlier decision in the case was declared unlawful, the fine for violating antitrust laws was canceled.

** Closed consideration of cases in the absence of violation of antitrust laws.

For the period 2016–2018 There were no significant violations of the antimonopoly legislation by the Company; there are no significant fines.