Annual Report 2013

Related Party Transactions

All transactions with related parties were carried out at arm’s length.

Transactions approved by the General Meeting of Shareholders of TMK

No.Parties to the transactionScope of the transaction
and material terms
Related parties
1Surety - OAO TMK; Borrower
- OAO Volzhsky Pipe Plant,
Lender - OAO Sberbank of
Russia
Surety agreement
Amount not exceeding
RUB 6,000,000,000
Duration: 11 September 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
2Surety - OAO TMK; Borrower
- OAO Seversky Tube Works,
Lender - OAO Sberbank of
Russia
Surety agreement
Amount not exceeding
RUB 4,000,000,000
Duration: 2 October 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan,
A. A. Klachkov
3Lender - OAO TMK;
Borrower - OAO Volzhsky
Pipe Plant
Loan agreement
Amount: RUB 1,400,000,000
Duration: 5 April 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
4Lender - OAO TMK; Borrower - OAO Seversky
Tube Works
Loan agreement
Amount: RUB 1,000,000,000
Duration: 4 April 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan,
A. A. Klachkov
5Lender - OAO TMK,
Borrower - OAO Volzhsky
Pipe Plant
Loan agreement
Amount: RUB 2,000,000,000
Duration: 5 April 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
6Lender - OAO TMK, Borrower - OAO Seversky
Tube Works
Loan agreement
Amount: RUB 1,080,000,000
Duration: 4 April 2018
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan,
A. A. Klachkov

Transactions approved by the Board of Directors of TMK

No.Parties to the transactionScope of the transaction
and material terms
Related parties
1Parties to the transaction
Surety - OAO TMK,
Debtor - ZAO TMK
Trade House
Contract of remunerationfor
a surety issued by OAO TMK
in favour of ING BANK
(EURASIA) ZAO.
Amount: RUB 2,720,628
Duration: 17 January 2016
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, V. B. Oborsky
2Surety - OAO TMK,
Principal - ZAO TMK
Trade House.
Bank - ING BANK
(EURASIA) ZAO
Surety agreement by OAO TMK in favour of ING BANK
(EURASIA) ZAO for all Principal
obligations performed by ZAO
TMK Trade House under the
Guarantee Agreement.
Amount: RUB 455,098,372
Duration: 2 October 2018
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, V. B. Oborsky
3Surety - OAO TMK,
Debtor - OAO Seversky
Tube Works
Contract of remuneration for
a surety issued by OAO TMK
in favour of OAO Sberbank of
Russia
Amount: RUB 21,180,000
Duration: 2 October 2015
Members of the Board of Directors:
A. Yu. Kaplunov,
A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. A. Klachkov
4Surety - Debtor -
PlantOAO TMK, - OAO Volzhsky Pipe
Contract of remunerationfor
a surety issued by OAO TMK
in favour of OAO Sberbank of
Russia Amount: RUB 36,000,000
Duration: 11 September 2015
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board
T. I. Petrosyan, A. G. Lyalkov
5Surety -
House,
Debtor -ZAO TMK Trade
- OAO TMK
Contract of remunerationfor
a surety issued by ZAO TMK
Trade House
Amount: RUB 1 5,558,900
Duration: 3 April 2020
Members of the Board of Directors: A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board
T. I. Petrosyan, V. B. Oborsky
6Surety -
Plant Debtor -OAO Volzhsky Pipe
- OAO TMK
Contract of remunerationfor a
surety issued by OAO Volzhsky
Pipe Plant Amount: RUB 1 5,558,900
Duration: 3 April 2020
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board
T. I. Petrosyan, A. G. Lyalkov
7Surety -
Works Debtor -OAO Seversky Tube
- OAO TMK
Contract of remunerationfor a
surety issued by OAO Seversky
Tube Works
Amount: RUB 16,357,000
Duration: 3 April 2020
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board
T. I. Petrosyan, A. A. Klachkov
8Surety -
Plant Debtor -OAO Sinarsky Pipe
- OAO TMK
Contract of remunerationfor a
surety issued by OAO Sinarsky
Pipe Plant
Amount: RUB 16,357,000
Duration: 3 April 2020
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board
T. I. Petrosyan, A. G. Lyalkov
9Surety - OAO TAGMET
Debtor - OAO TMK
Contract of remunerationfor a
surety issued by OAO TAGMET
Amount: RUB 16,357,000
Duration: 3 April 2020
Members of the Board of
Directors: A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
10Surety - IPSCO Tubulars
Inc., Debtor - OAO TMK
Contract of remuneration for a surety issued by IPSCO Tubulars Inc.
Amount: RUB 16,357,000
Duration: 3 April 2020
OAO TMK
11Surety - OAO TMK
Debtor - ZAO TMK Trade
House
Contract of remuneration for
a surety issued by OAO TMK
as a security of obligations of
ZAO TMK Trade House under a
Supply Contract
Amount: RUB 9,000,000
Duration: 28 February 2014
Members of the Board of Directors: A.
Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, V. B. Oborsky
12OAO TMK; OAO Volzhsky Pipe PlantAddendum to the Agreement
on the Transfer of Powers of
the sole executive body of
OAO Volzhsky Pipe Plant to
OAO TMK which provides for a
higher price of its services.
Amount: RUB 665,520,000
Duration: until 1January 2016
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev;
Members of the Management Board:
A. G. Lyalkov, T. I. Petrosyan
13OAO TMK, OAO Sinarsky Pipe PlantAddendum to the Agreement
on the Transfer of Powers of
the sole executive body of
OAO Sinarsky Pipe Plant to
OAO TMK which provides for a
higher price of its services.
Amount: RUB 332,760,000
Duration: until 1January 2015
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev;
Members of the Management Board:
A. G. Lyalkov, T. I. Petrosyan
14OAO TMK, OAO Seversky Tube WorksAddendum to the Agreement
on the Transfer of Powers of
the sole executive body of
OAO Seversky Tube Works to
OAO TMK which provides for
prolongation of powers of
the sole executive body and a
higher price of its services.
Amount: RUB 332,760,000
Duration: until 1January 2015
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev;
Members of the Management Board:
A. A. Klachkov, T. I. Petrosyan
15OAO TMK,
OAO TAGMET
Addendum to the Agreement
on the Transfer of Powers of
the sole executive body of OAO TAGMET to OAO TMK which provides for a higher price of its services.
Amount: RUB 332,760,000
Duration: until 1 January 2015
Members of the Board of Directors:
A.Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
16Surety - OAO Volzhsky Pipe
Plant Debtor - OAO TMK
Contract of remuneration for a surety issued by OAO Volzhsky Pipe Plant
Amount: RUB 15,000,000
Duration: 27 December 2016
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
17Surety - OAO Volzhsky Pipe
Plant Debtor - OAO TMK
Contract of remuneration for a surety issued by OAO Volzhsky Pipe Plant
Amount: RUB 1 9,552,020
Duration: 30 June 2017
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov
18Surety - OAO Seversky Tube
Works Debtor - OAO TMK
Contract of remuneration for a surety issued by OAO Seversky Tube Works
Amount: RUB 19,718,760
Duration: 30 June 2017
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. A. Klachkov
19Surety - OAO TMK,
Debtor - ZAO TMK Trade
House
Contract of remunerationfor a
surety issued by OAO TMK
Amount: RUB 2,400,000
Duration: 31July 2014
Members of the Board of Directors:
A.Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, V. B. Oborsky
20OFS International - Borrower, OAO TMK and
OAO Volzhsky Pipe Plant
- Co-borrowers, UniCredit
Bank AG, New York
Branch (or other lending
institutions within UniCredit
Group) - Administrative
Agent and Lender
Loan agreement:
Amount: USD 17,800,000
Duration: 30 December 2015
Members of the Board of Directors:
A. Yu. Kaplunov, A. G. Shiryaev
Members of the Management Board:
T. I. Petrosyan, A. G. Lyalkov