
LETTER FROM PRESIDENT (CHAIRMAN OF THE MANAGEMENT COMMITTEE)

"Despite the highly volatile macroeconomic environment and production limitations, we delivered on all our objectives and even achieved record highs in some areas, further cementing LUKOIL’s competitive position."
- Vagit Alekperov, President and Chairman of the Management Committee
LETTER FROM VICE CHAIRMAN OF THE BOARD OF DIRECTORS

"Adherence to the strategy, including the commitment to sustainable development principles and continuous improvement of the corporate governance system, contribute to the efficient development and high stability of the Company’s business, as well as to creating shareholder value in a rapidly changing and highly competitive environment."
- Ravil Maganov, Vice Chairman of the Board of Directors
The Annual Report of PJSC LUKOIL is approved by the Annual general shareholders meeting (Minutes No. 1 dated June 23, 2020) and preliminarily approved by the Board of Directors of PJSC LUKOIL (Minutes No. 9 dated May 18, 2020).