USRBC Annual Meeting 2010 “From Silicon Valley to Skolkovo: Forging Innovation Partnerships” by U.S.-Russia Business Council

From Silicon Valley to Skolkovo:

От Кремниевой Долины до Сколково:

Forging Innovation Partnerships

партнерство в сфере инноваций

USRBC Annual Meeting 2010 October 21, 2010 San Francisco, CA The Fairmont Hotel

Ежегодное Заседание АРДС 2010 21 октября 2010 года Сан Франциско, Калифорния гостиницa «The Fairmont Hotel»

www.usrbc.org

www.usrbc.org.

Board of Directors Klaus Kleinfeld, Chairman of the Board Robert S. Strauss, Chairman Emeritus E. Neville Isdell, Chairman Emeritus Edward S. Verona, President and CEO Theodore Austell, III, The Boeing Company Ozer Baysal, Pfizer Inc. Stephen E. Biegun, Ford Motor Company James P. Bovenzi, General Motors Corporation Laura M. Brank, Dechert LLP Carolyn L. Brehm, Procter & Gamble Peter A. Charow, BP America Inc. James F. Collins, U.S. Russia Foundation for Economic Advancement and the Rule of Law Jeffrey R. Costello, JPMorgan Chase Bank Andrew Cranston, KPMG Marthin De Beer, Cisco Systems, Inc. Richard N. Dean, Baker & McKenzie Neil W. Duffin, Exxon Mobil Corporation Dorothy Dwoskin, Microsoft Corporation C. Cato Ealy, International Paper Terrence J. English, Baring Vostok Capital Partners Mark B. Fuller, Monitor Group Toby T. Gati, Akin, Gump, Strauss, Hauer & Feld, LLP Peter Gerendasi, PricewaterhouseCoopers LLP Herman O. Gref, Sberbank of Russia Drew J. Guff, Siguler Guff & Company, LLC Trevor Gunn, Medtronic, Inc. Jay M. Haft, Renova Group Greg Hill, Hess Corporation D. Jeffrey Hirschberg, Kalorama Partners, LLC Kamil S. Isaev, Intel Corporation

Karl Johansson, Ernst & Young LLP Alexey Kim, Philip Morris Sales and Marketing Ltd. Klaus Kleinfeld, Alcoa Sergei A. Kuznetsov, OAO Severstal Ramon Laguarta, PepsiCo, Inc. William C. Lane, Caterpillar Inc. Eugene K. Lawson, Lawson International, Inc. James J. Mulva, ConocoPhillips Peter B. Necarsulmer, The PBN Company Thomas R. Pickering, Eurasia Foundation Jay R. Pryor, Chevron Corporation Daniel W. Riordan, Zurich‐American Insurance Company Paul Rodzianko, Hermitage Museum Foundation Charles E. Ryan, UFG Asset Management Claudi Santiago, General Electric Company William M. Sheedy, Visa Inc. Maurice Tempelsman, Lazare Kaplan International Inc. Peter L. Thoren, Access Industries, Inc. Clyde C. Tuggle, The Coca‐Cola Company Alberto Verme, Citi Mark von Pentz, Deere & Company Daniel H. Yergin, Cambridge Energy Research Associates (CERA) _______________________________________________ Honorary Director Peter J. Pettibone, Hogan Lovells

MEZZANINE LEVEL

LOBBY LEVEL

TERRACE LEVEL

GRAND BALLROOM LEVEL

USRBC ANNUAL MEETING 2010

AGENDA

U.S.‐Russia Business Council 18th Annual Meeting

From Silicon Valley to Skolkovo: Forging Innovation Partnerships October 20‐21, 2010 The Ferry Building and the Fairmont Hotel San Francisco, CA AGENDA THURSDAY, OCTOBER 21 7:00 – 7:30am Registration and Continental Breakfast 7:30 – 7:45am Welcome Grand Ballroom Ed Verona, President and CEO, U.S.‐Russia Business Council Klaus Kleinfeld, Chairman and CEO, Alcoa; Chairman, U.S.‐Russia Business Council 7:45 – 8:05am Live Digital Videoconference with Arkady Dvorkovich, Aide to the President of the Russian Federation Grand Ballroom 8:10 – 8:30am Keynote Address Grand Ballroom Viktor Vekselberg, Chairman, Renova Group Introduction by Marthin De Beer, Senior Vice President/General Manager, Emerging Technology Group, Cisco Systems, Inc.

8:30 – 9:30am Grand Ballroom

Keynote Address Anatoly Chubays, Chairman and CEO, RUSNANO Introduction by C. Cato Ealy, Senior Vice President, Corporate Development, International Paper

9:30 – 10:40am Grand Ballroom 10:40 – 11:40am Grand Ballroom

11:40 – 12:00am Grand Ballroom

Keynote Address The Honorable Arnold Schwarzenegger, Governor of California

The Outlook for Russia and its Place in the Global Economy As the modernization drive begins in earnest, it is necessary to look at the current state and mid‐term outlook for Russia’s economy. Is the current recovery in growth sustainable? Will Russia begin to play a larger role within the BRIC and G20 groupings? What are the prospects for the development of a regional or global financial center in Moscow? Will Russia’s integration into global economic institutions, i.e. WTO and OECD, develop more quickly after the recovery? Will the warming of the U.S.‐ Russia bilateral relationship drive more significant commercial cooperation? Moderator: Charles Ryan, Chairman, UFG Asset Management Evgeny Gavrilenkov, Chief Economist, Troika Dialog Group Vladimir Milov, President, Institute for Energy Policy Alexander Novak, Deputy Minister, RF Ministry of Finance Alexander Torshin, First Deputy Chairman, RF Federation Council Keynote Address Sergey I. Kislyak, RF Ambassador to the United States Introduction by Omar Vargas, Director, Global Policy and Government Affairs, PepsiCo, Inc.

12:00 – 12:15am Grand Ballroom

Fort Ross Signing Ceremony Signing ceremony of the agreements between Renova Group's Fort Ross Foundation, the Department of Parks and Recreation of the State of California, and the Fort Ross Interpretative Association, to cooperate toward the continued operation, support and preservation of the Fort Ross State Historic Park

12:15am – 1:00pm

CONCURRENT BREAKOUT SESSIONS

Pavilion Room

Innovation in Healthcare Technology As Russia’s population ages, developments in medical and pharmaceutical technologies will become increasingly important. Can Russia support the development of its domestic pharmaceutical and medical technologies industries without import substitution policies? Are intellectual property protections, particularly concerning data exclusivity, sufficient to encourage investment in innovative breakthroughs in the sector? How can regulators improve the incentives for innovation in new, more costly technologies, such as biologics? Leading medical technology and pharmaceutical experts as well as regulatory officials will discuss these and other questions. Moderator: Dorothy Dwoskin, Senior Director, Global Trade Policy and Strategy, Microsoft Corporation Victoria Anashkina, General Manager, Amgen Russia John Steele, Director, International Government Affairs, Eli Lilly and Company Mike Gann, Senior Director for Global Healthcare, Intel Corporation Nikolay Savchuk, President and CEO, ChemDiv, Inc. Supporting Entrepreneurship in Russia The driver for growth in many developed economies is small‐ and medium‐sized business. As Russia continues to diversify its economy away from natural resources, emphasis should be placed on supporting SMEs and creating the conditions for the growth of entrepreneurship in the country. With a wealth of scientific and technical talent and a population known for its drive and creativity, Russia could become a fast‐ growing center for entrepreneurship. This panel will examine what steps the country must take to encourage and support entrepreneurship and will highlight some of Russia’s rising young entrepreneurs. Moderator: Peter Loukianoff, Managing Partner, Almaz Capital Partners Igor Agamirzian, Chairman and CEO, Russian Venture Company Bo Parker, Managing Director, Center for Technology and Innovation, PricewaterhouseCoopers Roman Simonov, Venture Partner, Siguler Guff & Company Boris Titov, Chairman, Delovaya Rossiya

Grand Ballroom

1:15 – 1:30pm Grand Ballroom

Keynote Address by James Turley, Chairman and CEO, Ernst & Young

1:30 – 2:00pm Grand Ballroom

2:00 – 3:00pm Grand Ballroom

Skolkovo: An Insider Perspective Special Guest: Viktor Vekselberg, Chairman, Renova Group; President, Skolkovo Foundation Council Moderator: James Turley, Chairman and CEO, Ernst & Young Luncheon with:

3:00 – 3:30pm Grand Ballroom 3:30 – 4:30pm Grand Ballroom

4:30 – 4:45pm

Remarks by Mikhail Shvydkoi, RF Special Presidential Envoy for International Cultural Cooperation Presentation of a film on Fort Ross, introduced by Jay Pryor, Vice President for Corporate Business Development, Chevron Corporation

Keynote Address John Watson, Chairman and CEO, Chevron Corporation The High‐Tech Dimensions of Energy The traditional oil and gas sector has evolved into a high‐technology area in recent years in order to unlock resources in difficult geologic locations. The use of high‐tech applications such as satellite navigation, extended‐ reach drilling and nanotechnology are becoming widespread. What technological developments are on the horizon for oil and gas producers? What changes, if any, need to be made in the legal/regulatory sphere to support further technological development in natural resources? How can oil and gas sector technological advances help drive innovation in Russia as a whole? These and other questions will be addressed by industry experts. Moderator: Lucian Pugliaresi, President, Energy Policy Research Foundation Piotr Galitzine, Chairman, TMK IPSCO Rod Nelson, Vice President, Communications, Schlumberger Limited William Schrader, Chief Operating Officer, TNK‐BP Coffee Break

4:45 – 6:00pm

CONCURRENT BREAKOUT SESSIONS

Grand Ballroom

Preparing the Next Generation of Innovative Thinkers Recognizing the invaluable role the private sector can play in the formation of the next generation of innovative thinkers, this panel will explore thriving partnerships between business and universities in Russia and the United States. Panelists will explore current trends in the labor market and federal funding programs for higher education in Russia as well as examples in both countries of how business incubators, tech transfer centers, in‐house corporate training programs and R&D contracts strengthen local and regional development. A new study that evaluates business partnerships with universities and the preparedness of university graduates for work in innovative workplaces will serve as a springboard for this discussion. Moderator: Patrick A. Hyek, Global Technology Industry Leader, Ernst & Young James Collins, Co‐Chairman of the Board, U.S. Russia Foundation for Economic Advancement and the Rule of Law Andrei Kortunov, President, New Eurasia Foundation Sergey Kravchenko, President, Boeing‐Russia/CIS Ellis Rubinstein, President, The New York Academy of Sciences

Pavilion Room

Infrastructure – Not Just Roads and Bridges Russia’s transition to a high‐tech, innovative economy will rely in large part on the development of a modern infrastructure network, from transportation to smart grids to widespread broadband access. Given the scope of the work that is necessary, what areas of infrastructure development should be made a priority in order to support the government’s innovation policies? How will the country finance the substantial expenditures needed for infrastructure upgrades and the construction of new, high‐tech networks? Can the Public‐Private Partnership model play a significant role in Russia? Moderator: Marthin De Beer, Senior Vice President/General Manager, Emerging Technology Group, Cisco Systems, Inc. Mikhail Blinkin, Director of Research Programs, Transport and Road Engineering Research Institute Igor Kosov, General Director, OAO Special Economic Zones Steven Parker, Group Country Manager, Russia, CIS & South‐East Europe, VISA

6:15 – 8:00pm Crown Room

Cocktail Reception Featuring Remarks on Legislative Perspectives on U.S.‐Russia Relations with Mikhail Margelov, Chairman, International Affairs Committee, Federation Council of the Russian Federation Rep. Dana Rohrabacher (R ‐ CA), Member, Foreign Affairs Committee; Ranking Member, Subcommittee on International Organizations, Human Rights and Oversight, U.S. House of Representatives

USRBC ANNUAL MEETING 2010

PARTICIPANTS

U.S.‐Russia Business Council 18th Annual Meeting From Silicon Valley to Skolkovo: Forging Innovation Partnerships October 21, 2010 The Fairmont Hotel San Francisco, CA Ross Lukatsevich Peter Thoren Valery Zakharov Vladimir Vayner Pavel Efremkin Toby Gati Daniel Cruise Michael Lopez Klaus Kleinfeld Alexander Galitsky Peter Loukianoff Andrey Kunov Leonid Litvak Julia Pogodina

Access Industries, Inc.

Advertising Research Centre “Grand Prix” / Delovaya Rossiya Delegation

Aerolase Corporation

Akin, Gump, Strauss, Hauer & Feld, LLP

Alcoa

Almaz Capital Partners

AmBAR

Misha Rozenberg Julia Symington Rostislav Semeran Victoria Anashkina Paul Moen Ania Hoffman Michael Arustamov Anna Generalova Alexei Ermolin Arthur George Timothy J. Adams Boris Titov Charles Moyer Ben Ellis Patrick Holtz Dr. Victor Boksha Peter Charow Theodore Austell Gregory Dole Sergey Kravchenko Alena Popova Bruce McDonald Maxim Kopysov Andrei Nekipelov

Ambiq Technology

American Russian Cultural Cooperation Foundation

AmeriFlow Recycling Inc/Ekman RMD

Amgen, Inc.

Amruco

Anadarko Petroleum Corporation

ArtExpert Ltd. / Delovaya Rossiya Delegation

B‐smart/ Delovaya Rossiya Delegation

Baker & McKenzie LLP

Baker Hughes, B.V.

Bazaltoplastic / Delovaya Rossiya Delegation

BCP Securities, LLC

Ben Ellis & Company

Bentley Systems, Inc.

BG Partners

BP PLC.

The Boeing Company

The Boeing Company, Russia/CIS

BrainStrom AV / Delovaya Rossiya Delegation

Buchanan Ingersoll & Rooney PC

Business‐Technologies LLC / Delovaya Rossiya Delegation

Business‐Trial/ Delovaya Rossiya Delegation

William Lane Matthew Murray Nikolay Savchuk Caren Funke Brad Haynes Jan Kalicki Richard Matzke Jay Pryor Marty Schultz Diana Sedney John Watson Marthin De Beer Greg Mayfield Kellen Moriarty Kelly Brooks Ben Cole Rose Cole Natasha Udensiva Yuriy Tarabukhin Nikolay Esaulov Vladimir Vinokurov Michael Rodzianko Roman Vakhitov Tatiana Koval

Caterpillar, Inc.

Center for Business Ethics and Corporate Governance

ChemDiv, Inc.

Chevron Corporation

Cisco Systems, Inc.

Coalition for U.S.‐Russia Trade

The Coca‐Cola Company

Cole Management Incorporated

Columbia University

COM Inc. Consulate General of the Russian Federation‐ San Francisco

Consulate General of the Russian Federation‐ San Francisco

Consult TP, Ltd.

Control and Safety LLC / Delovaya Rossiya Delegation

Cre@tovo / Delovaya Rossiya Delegation

Ioori Smirnov Laura Brank Thomas Trone Mark von Pentz Michael Bergen Elena Dugelnaya Maxim Kamanin Svetlana Vokholkova Svetlana Pavlova Jean‐Luc Duramy Mikhail Abyzov Joanna Rubinstein John Steele Amb. Sergey Kislyak Andrey Mitin Lucian Pugliaresi Mick Bobroff Patrick Hyek Alexander Ivlev Karl Johansson Alexander Levchenko James Turley Horton Beebe‐Center Alexander Kurylev

Days of Russia Foundation, Inc.

Dechert LLP

Deere & Company

Deloitte Consulting LLP

Delovaya Rossiya Novosibirsk Regional Department

DisplAir Company / Delovaya Rossiya Delegation

Dist‐tutor / Delovaya Rossiya Delegation

Dupont

E4 Group

The Earth Institute at Columbia University

Eli Lilly & Company

Embassy of the Russian Federation in the USA

EPRINC

Ernst & Young

Eurasia Foundation

European University at St. Petersburg

Luiza Aleksandrova Simonetta Verdi Sarah Sweedler Carol Vipperman Ann Ashby Richard Herold Sergei Andronikov Alexandra Johnson Akhverdyan Arshaluys Garegin Grigoryan Grant Grigoryan Greg Terzian Peter Pettibone Ismail Shahtakhtinski Aram Akopyan Andranik Migranyan Lilia Zakirova Vladimir Milov Alexey Korshunov Craig Barrett Mike Gann Denis Gudym Victor Kovshevny Yury Rubinovich

Fine Printing, Ltd. / Delovaya Rossiya Delegation

Ford Motor Company

Fort Ross Interpretive Association

Foundation for Russian American Economic Cooperation

Foundation for the NIH

GE Transportation

George Mason University

Global Technology Symposium

Gorbushka

Hess Corporation

Hogan Lovells U.S. LLP

I.S. Law Firm, PLLC

Innovative Pharma

Institute for Democracy and Cooperation

Institute for Energy Policy

The Institute of New Technologies / Delovaya Rossiya Delegation

Intel Corporation

Intellectual Resources Ltd.

Inter‐Capital, Inc.

Artem El’kin C. Cato Ealy Mary Mann Sergey Korostin Jacob Feldman Jeff Hirschberg Sergey Nedoroslev Mark Brozek Len Gross Lauren Levinson Tatiana Stafford Randi Thompson Inessa Oberhuber Katya Stesin Alisa Melkonyan Eugene Lawson Stephanie Lawson Christine Loomis Bruce Marks Maria Moshkova Martin Tze James Class Dmitry Taschev Dorothy Dwoskin

INTERFTOR / Delovaya Rossiya Delegation

International Paper Company

Interseti

Invest International Trading Company

Kalorama Partners, LLC

Kaskol Management Company

Kelly Pipe

Ketchum, Inc.

Kidsave International

Kiventures

KPMG

Lawson International, Inc.

Loomis Associates International

Marks & Sokolov

Marriott Hotels and Resorts

Medtronic, Inc.

Merck

MGIMO University

Microsoft Corporation

Timur Shagivaleev

Ministry of Business Development of the Republic of Tatarstan

Olga Kurguzova Ministry of Education and Science of Buryatia/ Delovaya Rossiya Delegation Olga Oshurkova Mobile Dairy Kitchen / Delovaya Rossiya Delegation Guy Cogan Monitor Company Group, L.P. Shannon McElyea Nano Holdings Hon Luu Nano Holdings Nanograd, LLC Dmitry Lyubarsky Mikhail Strikhanov National Nuclear Research University MEPhI Nicholas Camilleri Navigator Asset Management Andrey Kortunov New Eurasia Foundation Ellis Rubinstein The New York Academy of Sciences Abby Turk NIS Financial Oleg Kiselev Novosibirsk Leasing Company Grigory Zhuravlev NPK INTEK / Delovaya Rossiya Delegation Nikolay Badulin OJSC Innovative Managing Company “FiBr” /Delovaya Rossiya Delegation Elena Churina OOO The Center for the Examination and Commercialization of Innovative Technologies / Delovaya Rossiya Delegation Chang Suh Open World Leadership Center of Congress Mikhail Usubyan Orrick, Herrington & Sutcliffe LLP Robert Parker Jr Parker Drilling Peter Necarsulmer The PBN Company Pepperdine University Boleslav Zhukovskiy Omar Vargas PepsiCo

Alexander Belenkiy Andrew Rudman Jacek Wrobel David Preng Kline Preston Peter Gerendasi Alan Page Bo Parker Aleksey Kolokolov Olga Ginzburg Jay Haft Andrew Intrater Alexey Moscov Viktor Nelyubin Andrei Shtorkh Viktor Vekselberg Mikhail Margelov Igor Matveev Alexander Torshin Elena V. Danilova Ekaterina Dubizhanskaya Oleg V. Fomichev Igor Remorenko Alexander Novak

Phillip Morris Sales & Marketing Ltd.

PhRMA

Poltech Research and Engineering

Preng & Associates

Preston Law Group, P.C.

PricewaterhouseCoopers Russia B.V.

PricewaterhouseCoopers

RechelGroup, Ltd. / Delovaya Rossiya Delegation

Renova Group of Companies

RF Federation Council

RF Ministry of Economic Development

RF Ministry of Education and Science

RF Ministry of Finance

Mikhail Shvydkoi Ilya Ponomaryov Dmitry Kulish Michael Tappan Anatoly Chubays Mikhail Chuchkevich Maxim Golovinov Dmitry Gordienko Leonid Gozman Andrey Lukshin Christopher King Daniel Satinsky Dmitry Golovanov Elena Bespalova Robert Agee Scott Blacklin Igor Agamirzian Daniel Schein Randy Bregman Glenn Kolleeny Denis Efremov Rod Nelson Karl Crnkovich

RF Special Presidential Envoy for International Cultural Cooperation

RF State Duma

R‐Pharm

RSR Russia

RUSNANO

Russia Innovation Collaborative

Russian Bank for Development

Russian Chamber of Commerce of Texas

Russian Telecom Equipment Company

Russian Venture Company

S.P.P. Management Inc.

Salans

Sbagrie’s / Delovaya Rossiya Delegation

Schlumberger

Securian Financial Group

Vadim Kornilov Roman Simonov Alexey Sitnikov Evgeny Dubrovin David Vartanian Michael Podgayets Igor Kosov Igor Nosov Dmitry Mikhaylov Jonathan Schmidt Marek Adamo Christopher Rose David Wack Oleg Kolomiychenko David Davtyan Vitaly Akimov Gov. Arnold Schwarzenegger Ron Pederson Sarah Pederson Travis Pederson Steven Ling Alexander Idrisov Alexey Prazdnichnykh Sergei Grigoriev

Segal International Corporation Siguler Guff & Company Skolkovo Foundation SMART‐Concept / Delovaya Rossiya Delegation Smith Group Architects Sound Printing Ltd. / Delovaya Rossiya Delegation Special Economic Zones JSC Special Economic Zones JSC SPIEF Foundation SPIEF Foundation Squire, Sanders & Dempsey Squire, Sanders & Dempsey Squire, Sanders & Dempsey St. Petersburg Federal Antimonopoly Agency Stanford University Startup Point / Delovaya Rossiya Delegation State of California Steel Services Steel Services Steel Services Steven Ling Consulting Group Strategy Partners Group Strategy Partners Group SUEK

Yevgeny Shchemelev Linda Valter Piotr Galitzine Denny Jensen Bill Schrader Dmitri Beskurnikov Andrey Dolgorukov Denis Khromov Stanislav Kovalenko Mikhail Blinkin Andrey Nikitin Don Dixon Mark Iwanowski George Mosolov Evgeny Gavrilenkov Chris Osborne Gary Litman Cathy Campbell Irina Mitchell Natalia Pipia Rep. Dana Rohrabacher Matthew Edwards Jay Thompson Juan Verde

Tecom Group

Tesser & Ruttenberg

TMK IPSCO

TNK‐BP

TPP

Trade Representation of the RF in the USA

Trade Representation of the RF in the USA Transport and Road Engineering Scientific Research Institute Triaxes Vision / Delovaya Rossiya Delegation

Trident Capital

Trimble Export Limited

Troika Dialog

U.S. Chamber of Commerce

U.S. Civilian Research and Development Foundation

U.S. House of Representatives

U.S. Department of Commerce

Steedman Hinckley Helen Recinos Amb. John Beyrle John McCaslin Stephanie Plant James Collins

U.S. Department of State

U.S. Embassy‐ Moscow

U.S. Embassy‐ Moscow U.S. Russia Foundation for Economic Advancement and the Rule of Law

Steve Pease Julia Bacon Jeff Barnett Jo Bottalico Maryia Dauhuliova Julia Kulagina Randi B. Levinas Alla Malova Svetlana Minjack Edward S. Verona Evgeny Kudryavtsev Victoria Cornish Michael O'Flynn Charles Ryan Gerson Sher Oleg Barannik Ekaterina Grechanyuk

U.S. Russia Foundation for Economic Advancement and the Rule of Law

U.S.‐Russia Business Council

Udmurt Republic Center for Young Entrepreneurs / Delovaya Rossiya Delegation

UFG Asset Management

United States Industry Coalition

UpSelf / Delovaya Rossiya Delegation

Andrey Ivanov Elena Ivanova Maria Muskevich John Sartorius Renee Huhs Tom Gephart Nathan Nayman Steven Parker Dmitry Vishnyakov Alexander Danilov Oleg Demidov Stanislav Karelin Valery Yakubovich Greg Block William Robinson Alexander Platonov Bernard Sucher

UpSelf / Delovaya Rossiya Delegation

UpSelf/ Delovaya Rossiya Delegation

UpSelf / Delovaya Rossiya Delegation

URS Corporation

U.S.‐Russia Chamber of Commerce of New England

Ventana Capital

Visa Inc.

Vnesheconombank

The Wharton School, University of Pennsylvania

Wild Salmon Center

William T Robinson PLLC

Zworykin Project

Dmitry Vishnyakov Alexander Danilov Oleg Demidov Stanislav Karelin Andrey Poluektov Valery Yakubovich Greg Block William Robinson Alexander Platonov Bernard Sucher

Visa Inc.

Vnesheconombank

VTB Capital

The Wharton School, University of Pennsylvania

Wild Salmon Center

William T Robinson PLLC

Zworykin Project

USRBC ANNUAL MEETING 2010

SPEAKERS

Igor Agamirzian Chairman and Chief Executive Officer Russian Venture Company Igor Agamirzian has been the Chairman and CEO of the Russian Venture Company since May 2009. Under his leadership, the company has adopted a development plan aimed at increasing its investments twofold in 2010. Before coming to RVC, Mr. Agamirzian was the General Director of the Software Development Corporation in St. Petersburg from 2007 to 2009. Prior to that position, he was Director of Science and Technology Strategy at Microsoft Russia, where he served as an adviser to the president and led programs on education and work with governmental institutions. He is well known for his promotion of Russian technology abroad, and was the author of the first history of programming in the USSR. Victoria Anashkina General Manager Amgen Russia Victoria Anashkina has been in charge of the Russian office of Amgen since 2006. She began her career in the pharmaceutical industry in 1993 as a medical representative. Before that, Dr. Anashkina held various management positions at Zeneca Pharmaceuticals, AstraZeneca UK Ltd., and Polpharmak, mainly in the marketing, business development and general management fields. Dr. Anashkina holds an M.D. and has a diploma from the Chartered Institute of Marketing in the United Kingdom, in addition to a degree in Organizational Psychology from INSEAD in France. John R. Beyrle U.S. Ambassador to the Russian Federation John R. Beyrle was confirmed as U.S. Ambassador to Russia in June 2008. Previously, he was Ambassador to Bulgaria from 2005 to 2008. A career officer in the Senior Foreign Service with the rank of Minister‐Counselor, Ambassador Beyrle has held policy positions and foreign assignments with an emphasis on U.S. relations with Central and Eastern Europe, Russia and the USSR since joining the State Department in 1983. Ambassador Beyrle’s overseas service has included two previous tours at the U.S. Embassy in Moscow, including as Deputy Chief of Mission. Other overseas assignments include Counselor for Political and Economic Affairs at the U.S. Embassy in the Czech Republic and member of the U.S. Delegation to the CFE Negotiations in Vienna. Washington assignments include Acting Special Adviser to the Secretary of State for the New Independent States and Director for Russian, Ukrainian and Eurasian Affairs at the National Security Council. Ambassador Beyrle served as a staff officer to Secretaries of State George Shultz and James Baker, and as a Pearson Fellow and foreign policy adviser to the late Senator Paul Simon. Ambassador Beyrle received a B.A. from Grand Valley State University and an M.S. from the National War College, where he later taught as a Visiting Professor of National Security Studies.

Mikhail Yakovlevich Blinkin Director of Research Programs Transport and Road Engineering Scientific Research Institute Mikhail Y. Blinkin is the Director of Research Programs at the Transport and Road Engineering Scientific Research Institute in Moscow. He has been responsible for numerous major projects in urban and transportation planning for both governmental and public initiatives and has presented reports to the State Duma as well as international and Russian forums on urban and transportation planning, institutional economics, traffic engineering, and road safety. Dr. Blinkin’s main research interests include transportation policy, urban planning, the mathematical theory of traffic flow, and the economic and institutional problems of the transportation sector. He has authored more than 250 scientific articles and is one of the most published and cited Russian experts in the field of transportation. Dr. Blinkin received his M.S. in Mathematics from Moscow State University and his Ph.D. in Operational Research. Elizabeth Buse Group Executive, International Visa Inc. Elizabeth Buse is the Group Executive, International for Visa Inc., with responsibility for overseeing Visa’s global sales and client service functions across Asia‐Pacific, Central Europe, the Middle East, and Africa — Visa’s fastest‐growing geographies. Previously, Ms. Buse was the Global Head of Product for Visa Inc., leading all aspects of product strategy, development and growth. Prior to this role, she was Executive Vice President of Product Development and Management for Visa USA, where she was responsible for the product development cycle — research, product innovation, new product development, and product deployment — and for managing Visa USA’s consumer, small business and commercial products. Before joining Visa USA in 1998, she served as Vice President of Strategic Initiatives for the electronic funds division of First Data Corporation (FDC) and was a Senior Engagement Manager at Windermere Associates. Ms. Buse received her B.A. in Spanish Linguistics from the University of California, Los Angeles and her M.B.A. from the Haas School at the University of California, Berkeley.

Gail H. Cassell Vice President, Scientific Affairs; Distinguished Lilly Research Scholar for Infectious Diseases Eli Lilly and Company Gail H. Cassell is Vice President for Scientific Affairs and Distinguished Lilly Research Scholar for Infectious Diseases at Eli Lilly and Company. She joined the company in 1997 as the Vice President for Infectious Diseases Research and Clinical Development. Dr. Cassell is a Professor in the Comparative Medicine and Pediatrics departments of the University of Alabama at Birmingham, where she is also the Director of the Mycoplasma Diagnostic Laboratory and a Senior Scientist in the Center for AIDS Research, the Cystic Fibrosis Center, and the Multipurpose Arthritis Center. Dr. Cassell joined the faculty of the University of Alabama in Birmingham in 1973, and has taught at the Massachusetts Institute of Technology and the University of Bordeaux, France as a visiting professor. Dr. Cassell holds a Bachelor’s degree in Bacteriology from the University of Alabama in Tuscaloosa and M.S. and Ph.D. degrees in Microbiology from the University of Alabama in Birmingham. Anatoly Chubays Chairman and Chief Executive Officer RUSNANO Anatoly Chubays has been the Chairman and CEO of the Russian Corporation of Nanotechnologies (RUSNANO) since 2008. Previously, he was Chairman of the Board of Directors of RAO Unified Energy System of Russia from 1998 until the completion of the energy monopoly’s restructuring in 2008. From 1997 to 1998, Mr. Chubays was First Deputy Prime Minister and Minister of Finance of the Russian Federation. He was also a member of the Duma and Chief of Staff under then‐President Boris Yeltsin. In 1992, he was appointed First Deputy Prime Minister for Economic and Financial Policy, where he developed Russia’s privatization program and oversaw its technical preparation. Mr. Chubays holds a degree in Engineering from the Palmiro Togliatti Leningrad Institute of Engineering and Economics and a degree from the Moscow Energy Engineering Institute for Problems of Contemporary Energy Generation. James F. Collins Co‐Chairman of the Board U.S. Russia Foundation for Economic Advancement and the Rule of Law Ambassador James F. Collins is Co‐Chairman of the Board of the U.S. Russia Foundation and Director of the Russia and Eurasia Program of the Carnegie Endowment for International Peace. He is an expert on the former Soviet Union, its successor states, and the Middle East. Prior to joining the Carnegie Endowment, he served as Senior Advisor at the public law and policy practice group Akin, Gump, Strauss, Hauer & Feld, L.L.P. Ambassador Collins was the U.S. Ambassador to the Russian Federation from 1997 to 2001. Before his appointment as Ambassador to Russia, he served as Ambassador‐at‐Large and Special Advisor to the Secretary of State for the New Independent States in the mid 1990s and as Deputy Chief of Mission and Charge d'Affaires at the U.S. Embassy –

Moscow from 1990 to 1993. In addition to three diplomatic postings in Moscow, he also held positions in the U.S. Embassy in Amman, Jordan, and the Consulate General in Izmir, Turkey. Ambassador Collins holds a B.A. from Harvard University and an M.A. from Indiana University. Marthin De Beer Senior Vice President of the Emerging Technologies Group Cisco Systems, Inc. Marthin De Beer is Senior Vice President of the Emerging Technologies Group at Cisco Systems. Mr. De Beer formed this group over two years ago and is responsible for cultivating a steady stream of new businesses that can create $1 billion worth of revenue and take Cisco into new adjacent markets. Within this team and under his leadership, he has led the development of Cisco TelePresence, Digital Media Systems, Linksys One, IP Video Surveillance, and Cisco IPICs. Previously, Mr. De Beer was responsible for Cisco’s Global Enterprise IP Communications solutions and led the introduction of Cisco’s Architecture for Voice, Video and Integrated Data solution (now Cisco Unified Communications). He played a key role in taking Cisco’s IP communications business from inception to a large profitable business. Mr. De Beer has been at Cisco for 13 years, directing key platforms such as the Cisco Catalyst switching platforms and Cisco IP telephony and VoIP systems. Mr. De Beer holds a Bachelor’s degree in Engineering from the University of Pretoria, South Africa.

Arkady Vladimirovich Dvorkovich Aide to the President of the Russian Federation Arkady V. Dvorkovich is an Aide to the President of the Russian Federation and Russia’s Sherpa to the G8. In addition, he is Chairman of the Supervisory Board of the Russian Chess Federation. Prior to his current position, he was Head of the Presidential Experts’ Directorate of the Presidential Executive Office from 2004 to 2008 and was Deputy Minister of Economic Development and Trade from 2001 to 2004. Mr. Dvorkovich was an Expert in the Strategic Development Center and Adviser to then‐ Minister of Economic Development and Trade German Gref from 2000 to 2001 and was Adviser and then Head of the Economic Expert Group of Russia’s Ministry of Finance from 1995 to 2000. Mr. Dvorkovich holds a degree in Economic Cybernetics from Moscow State University as well as a degree from the New Economic School (Moscow). He holds a Master’s degree in Economics from Duke University.

Dorothy Dwoskin Senior Director, Global Trade Policy and Strategy Microsoft Corporation Dorothy Dwoskin is Senior Director for Global Trade Policy and Strategy at Microsoft. She is an experienced international trade negotiator and expert in trade policy and is responsible for leading the company’s policy efforts to promote open markets and fair trade in software and services, collaborating with government agencies, Congress, international organizations, and foreign governments. Ms. Dwoskin previously served as the Assistant U.S. Trade Representative for the World Trade Organization (WTO) and Multilateral Affairs at the Office of the U.S. Trade Representative (USTR). She was also the senior career official responsible for the Doha Development Agenda (DDA) negotiations and the Uruguay Round of GATT negotiations. She served as lead U.S negotiator on a variety of trade policy issues in the WTO, APEC and OECD, including the Information Technology Agreement (ITA). She led teams resulting in successful bilateral WTO market access agreements and multilateral accession negotiations with Russia and the Ukraine, and concluded membership negotiations for the accession of Vietnam and Saudi Arabia to the WTO, among others. Ms. Dwoskin graduated from the School of International Service at American University. C. Cato Ealy Senior Vice President of Corporate Development International Paper C. Cato Ealy is Senior Vice President of Corporate Development for International Paper. In this position, Mr. Ealy is responsible for the company’s domestic and foreign acquisition and divestiture programs. He is also a Director of ILIM Holding, S.A., International Paper’s 50/50 joint venture in Russia. Mr. Ealy joined International Paper in April 1992 as Director of Corporate Development and was named Vice President in 1996 before being promoted to his current position in 2003. Prior to joining International Paper, Ealy was a Director at Charterhouse Inc., and was Vice President of Mergers and Acquisitions at PaineWebber Inc. Mr. Ealy holds a Bachelor’s degree in Economics from Yale University and a Master’s degree in Management from the Massachusetts Institute of Technology’s Sloan School of Management. Piotr Galitzine Chairman TMK IPSCO Piotr Galitzine is the Chairman of TMK IPSCO and Deputy General Director of the American Division and Business Development at OAO TMK. Prior to his current position, he was General Director of ZAO BASF and Moscow Chief Representative of BASF AG from 2004 to 2008. He has also served as Director General of Galitzine Consulting Ltd., and Chief Representative in Russia and the CIS for Mannesmann AG. Mr. Galitzine has worked with such companies as Federated International Management Ltd., Michelman SNC, Cochlea, Dialight Corp./North American Philips, Avitech Corp., and Hydrotechnic Corp. His area of management expertise covers international technological and trade transfer and a multicultural approach to the challenges of global business.

Mr. Galitzine earned his B.S. in Mechanical Engineering from the Massachusetts Institute of Technology and his M.B.A. from New York University. Michael Gann Senior Director of Global Healthcare, World Ahead Program Intel Corporation Michael Gann is currently Senior Director for the Global Healthcare Segment within Intel’s World Ahead Program. In this capacity, he is responsible for developing global business strategies, sales campaigns and partnerships with the healthcare ecosystem to improve the quality and cost of and access to healthcare. Mr. Gann is also responsible for leading Intel’s strategic efforts for improving the access to healthcare within developing nations. In his previous role, Mr. Gann was the Director for High Performance Computing and Life Sciences within Intel’s Sales & Marketing Group. His group was responsible for working with strategic partners and tipping point accounts to accelerate the adoption of Intel‐based systems. Prior to his employment with Intel, Mr. Gann worked for Oracle Corporation and Chevron‐Texaco Corporation in business consulting, technical marketing and process engineering. Mr. Gann holds a Bachelor’s degree in Chemical Engineering from Oregon State University and an M.B.A. from the University of Oregon. Evgeny Gavrilenkov Managing Director; Chief Economist Troika Dialog Group Evgeny Gavrilenkov is Managing Director and Chief Economist at Troika Dialog Group. Before joining Troika Dialog in 2002, Dr. Gavrilenkov worked at the RF Bureau of Economic Analysis, where he served as Deputy Director General and Acting Director General. Simultaneously, he was a Scholar in Residence at the Carnegie Moscow Center and served at the Higher School of Economics (HSE) as Pro‐Rector and Director of the Institute of Macroeconomic Research and Forecasting. In 1997, Dr. Gavrilenkov created and was Editor‐in‐Chief of the HSE Economic Journal. Between 1992 and 1996, he worked at the Center for Economic Analysis, a government think‐tank, first as Head of Department, then Deputy Director and Acting Director. In the mid 1990s, Dr. Gavrilenkov was a guest professor several times at Hitotsubashi University, Japan, and a visiting researcher at the Economic Research Institute (run by the government of Japan). He has also been a guest researcher at the Bank of Finland, a visiting professor at the Sorbonne Pantheon University in Paris and a visiting researcher at the International Monetary Fund (1994 and 2001). Dr. Gavrilenkov holds a degree in Mathematics from the Moscow Aviation Institute and a Ph.D. in Economics.

Karl Johansson Managing Partner, CIS Ernst & Young Karl Johansson is the Managing Partner, CIS at Ernst & Young in Moscow. Previously, he was Regional Partner for Eastern Europe, including the CIS, in Vienna and was Managing Partner of Ernst & Young CIS based in Moscow from 1995 to 2000. Mr. Johansson has served as Global Vice Chair of Tax and member of the Global Practice Council, and he has also worked in China to assist in the development and expansion of Ernst & Young China, serving as COO of the Tax Practice and member of the Management Committee. Mr. Johansson joined Ernst & Young in 1975 and became the Partner in charge of tax for the Minneapolis office in 1985. He coordinated the combination of the Arthur Andersen/Ernst & Young practices in the CIS, Eastern Europe, Baltics, Nordic countries, and the Middle East and has significant experience in serving multinational accounts and the senior executives of these accounts. He has coordinated international tax engagements, mergers and acquisitions and due diligence projects in key global markets. Mr. Johansson has coordinated the Foreign Investment Advisory Council to the Russian government and advised senior members of the Russian government on issues affecting foreign investments. He has been a member of the Emerging Europe Business Council and Corporate Governance Task Force of the World Economic Forum, and other advisory groups in the CIS and Eastern Europe. Mr. Johansson holds a B.A. from the University of Minnesota and a law degree from the University of Pennsylvania. Richard H. Jones Deputy Executive Director International Energy Agency Richard H. Jones took up his duties as Deputy Executive Director of the International Energy Agency in October 2008. Ambassador Jones, a former American diplomat, brings to the IEA more than 30 years of diplomatic and policy experience on issues ranging from Middle East politics to trade negotiations and energy security. After a rapid rise through the ranks of the U.S. Foreign Service, he served as the U.S. Ambassador to four countries: Israel (2005‐2008), Kuwait (2001‐2004), Kazakhstan (1998‐2001) and Lebanon (1996‐1998). Ambassador Jones also acted as the U.S. Secretary of State’s Senior Advisor and Coordinator for Iraq Policy from February‐August 2005. During his diplomatic career, Ambassador Jones gained a wide range of policy experience in energy policy. As Ambassador in Kuwait, he held discussions with international oil companies and with the Minister of Petroleum on production‐sharing proposals. In Kazakhstan, he was the key liaison between the U.S. government and the Presidency on the Baku‐Tbilisi‐Ceyhan pipeline and other critical energy issues. Ambassador Jones holds a Bachelor’s degree in Mathematics from Harvey Mudd College and M.S. and Ph.D. degrees in Business/Statistics from the University of Wisconsin.

Sergey Ivanovich Kislyak Ambassador of the Russian Federation to the United States Sergey I. Kislyak, a career diplomat, was appointed as Ambassador to the U.S. in 2008 after having served as Deputy Minister of Foreign Affairs from 2003 through 2008. In that capacity, he led the Russian delegation at the six‐party denuclearization talks with Iran and talks with the United States over the missile defense program in Europe. From 1998 to 2003, he was posted in Belgium serving simultaneously as Russia’s Ambassador to Belgium and as Permanent Representative of Russia to NATO. Ambassador Kislyak headed the Foreign Ministry’s Security and Disarmament department from 1995‐ 1998, and, prior to that, he held other senior posts at the Ministry of Foreign Affairs of Russia/USSR. Ambassador Kislyak graduated from the Moscow Engineering Physics Institute and from the USSR Academy of Foreign Trade. Klaus Kleinfeld Chairman and Chief Executive Officer Alcoa Dr. Klaus Kleinfeld is Chairman and Chief Executive Officer of Alcoa, a position he has held since May 2008. Prior to this post, he was President and Chief Operating Officer of Alcoa from 2007 to 2008. Before joining Alcoa, Dr. Kleinfeld was the President and Chief Executive Officer of Siemens AG, a global electronics and industrial conglomerate, from January 2005 to June 2007. He served as Deputy Chairman of the Managing Board and Executive Vice President of Siemens AG from 2004 to 2005 and was President and Chief Executive Officer of Siemens Corporation, the U.S. arm of Siemens AG, from 2002 to 2004. Prior to his U.S. assignment, Dr. Kleinfeld was Executive Vice President and a member of the Executive Board of the Siemens AG Medical Engineering Group in Germany from January to December 2000. Mr. Kleinfeld holds an M.B.A. and a Ph.D. in Strategic Management. Andrei Vadimovich Kortunov President New Eurasia Foundation Andrei V. Kortunov is the President of the New Eurasia Foundation in Moscow, Russia, as well as the President of the Information Scholarship Education Center (ISE) and a member of the Educational Board of the Open Society Institute. Mr. Kortunov previously served as Deputy Director of the Institute for U.S. and Canadian Studies, where he was also Head of the Foreign Policy Department. In the late 1990s and early 2000s, he served as an advisor on the Committee on International Relations of the Russian State Duma. In the early 1990s, Mr. Kortunov was Head of the Moscow Public Science Foundation. Mr. Kortunov’s teaching experience includes the design and conduct of specialized courses tailored to different academic levels and audiences at several U.S. and Russian universities, including the University

of California (Berkeley), University of Miami and the Moscow State Institute of International Relations (MGIMO). Mr. Kortunov holds a degree in history from the Moscow State Institute of International Relations. Igor Viktorovich Kosov General Director OAO Special Economic Zones Igor V. Kosov is the General Director of OAO Special Economic Zones. Prior to his current position, he was the Director of Investment Banking at the international financial group ING, where he oversaw the largest international and Russian clients. Mr. Kosov has 15 years of experience managing development projects for large private, public and government companies. Mr. Kosov holds degrees in Economics from the Russian University of Peoples’ Friendship and studied financial management at Calvin College. Sergey Kravchenko President Boeing Russia/CIS Sergey Kravchenko was named Vice President of Boeing International and President of Boeing‐Russia in August 2002. He is responsible for leading all Boeing business activities in Russia, Ukraine, Kazakhstan, Uzbekistan, and other countries within the Commonwealth of Independent States (CIS), and directing a country team comprised of business unit leaders from each sector of the company. Prior to this appointment, Dr. Kravchenko was the Boeing Commercial Airplanes (BCA) Vice President of Cooperative Programs and Business Development for Russia/CIS. In this role, he coordinated and directed BCA strategy development, industry participation, technology design, commercial aviation services, and new business development programs. Dr. Kravchenko also served as the Director of international engineering cooperation programs in Russia. He managed the Boeing Technology and Design Centers in Moscow, which now consist of more than 750 engineers and scientists working for Boeing at seven different sites in the Russian Federation. Before he joined Boeing in 1992, Dr. Kravchenko worked as a Professor and as the Lead Scientist of the Russian Academy of Sciences. He also taught in Moscow and worked as a research consultant in Europe, the United States and Asia. Dr. Kravchenko holds two Ph.D.s in Applied Mechanics and Mechanical Engineering. Peter N. Loukianoff Managing Partner Almaz Capital Partners Peter Loukianoff is Co‐Founder and Managing Partner of Almaz Capital Partners, a venture capital firm focused on Russian‐related technology investments. Prior to establishing Almaz, he was a partner at Alloy Ventures from 2001 to 2008 and was on the founding teams of Autonomy, Inc. (US), a pioneer in Internet search, and Ubiquinet, Inc., a location‐based services and software company.

Mr. Loukianoff was one of the first Americans to establish joint ventures with prominent Russian scientific institutions, including the Kurchatov Institute, Troitsk Triniti Research Center and the Russian Academy of Sciences. These joint ventures served to facilitate technology‐licensing arrangements with U.S. companies, such as Apple, Sun Microsystems and General Atomics. He is a co‐inventor of several patented mobile messaging technologies that are enabling a new and exciting market in voice and visual mobile advertising. Mr. Loukianoff earned a B.S. in Engineering and an M.B.A. and from the University of California, Berkeley. Mikhail Margelov Chairman, Committee on Foreign Affairs Federation Council of the Russian Federation Mikhail Margelov is Chairman of the Committee on Foreign Affairs of the Federation Council of the Russian Federation, as well as the Chairman of the European Democrat group of the Parliamentary Assembly of the Council of Europe. He was re‐elected to the Federation Council to represent Pskov in December 2004. Prior to his service in the Federation Council, Mr. Margelov served as a consultant to President Vladimir Putin’s electoral headquarters in 2000, and was Director of the Russian Information Center (Rosinformcentr) from its creation in October 1999 until 2000. From May 1998 to September 1999, he was a Manager at RIA‐Novosti. Mr. Margelov was Head of the Public Relations Department of the Presidential Administration from 1996 to 1999, after having served as Chief Coordinator for Advertising during President Boris Yeltsin’s 1996 re‐election campaign. In 1995, Mr. Margelov was a Project Director at Video International Group, overseeing the publicity campaigns of Grigory Yavlinsky and the Yabloko party. Mr. Margelov is a graduate of the Institute of Asian and African Countries, which is affiliated with Moscow State University. Vladimir Milov President Institute for Energy Policy Vladimir Milov is the President of the Institute for Energy Policy, an independent Russian energy policy think tank. Prior to joining the Institute in 2002, he was Deputy Minister of Energy of the Russian Federation. Mr. Milov joined the Ministry of Energy in 2001 as an advisor to the Minister of Energy and headed an expert team within the Moscow‐based Center for Strategic Research (CSR), a government‐ linked economic think tank that was responsible for the development of strategic economic programs under the Mikhail Kasyanov government. At CSR, Mr. Milov was responsible for the design of Russian power sector reform legislation, which was adopted in 2003. From 1999 to 2001, he headed the Economic Analysis Department of the Federal Energy Commission of Russia, which he joined in 1997. Mr. Milov is a co‐author of Russian state gas, electricity and railway sector reform programs, Russian energy and transport strategies, and subsoil regulation legislation.

Rod Nelson Vice President, Communications Schlumberger Limited Rod Nelson is Vice President of Communications for Schlumberger Limited, as well as Vice President of Innovation and Collaboration. In these positions, he is responsible for all internal and external communications and identifies external technologies and innovations applicable to the oil and gas industry. He joined Schlumberger as a wireline field engineer in 1980. Mr. Nelson serves on a number of joint industry steering committees and boards, including the corporate advisory boards of the American Association of Petroleum Geologists and the Advanced Energy Consortium. He led the technology task group for the 2007 landmark National Petroleum Council’s global oil and gas study “Facing the Hard Truths about Energy”. Mr. Nelson holds a Bachelor’s degree in Engineering from the University of Wisconsin and an Executive M.B.A. from MIT’s Sloan School of Management. Alexander Valentinovich Novak Deputy Minister Ministry of Finance of the Russian Federation Alexander V. Novak has been Deputy Minister of Finance of the Russian Federation since September 2008. In this role, Mr. Novak coordinates and oversees funding issues for different sectors of Russia’s economy and organizes discussions among federal agencies that are administered by the Ministry of Finance. Prior to joining the Ministry of Finance, Mr. Novak served in the Krasnoyarsk Territory Administration from 2002 to 2008, first as Head of the Main Financial Agency, than as Deputy Governor, First Deputy Governor, and, finally, Prime Minister of Krasnoyarsk Territory. From 2000 to 2002, Mr. Novak served in the Norilsk City Administration, where he was Deputy Mayor for Financial and Economic Affairs and then First Deputy Mayor. Mr. Novak held several management positions at the Polar Division of OAO Norilsk Mining Company in 2000 and was Deputy Director of Economic Affairs and Head of Management of Norilsk Mining and Metallurgical Plant from 1988 to 1999. Mr. Novak holds a degree in Economics and Metallurgy Management from Norilsk Industrial Institute and a degree in Public Administration Management from Moscow State University’s Higher School of Public Administration. Bo Parker Managing Director, Center for Technology and Innovation PricewaterhouseCoopers Bo Parker leads the Center for Technology and Innovation (CTI), a PricewaterhouseCoopers organization dedicated to research and analysis of emerging technology trends and their impact on innovation in the enterprise. CTI’s research fellows have extensive experience in advanced applications of enterprise IT and the innovative use of IT within the context of enterprise management, operations and strategy. Mr. Parker provides in‐depth consulting to companies, governments, private equity, and other stakeholders in a variety of sectors, ranging from telecommunication to high technology to new Web

start‐ups. He has personally delivered detailed strategic, market and technology analyses of technology, communications and media companies in various stages of investment, from first‐round funding to leveraged buyouts to restructuring. Most recently, Mr. Parker has delivered strategic advice to the Russian government on initiatives that will promote innovation in the Russian economy and Russian enterprises. This includes testimony to the Duma concerning the formation of a “Russian Silicon Valley” near Moscow. Steven Parker Group Country Manager, Russia, CIS & SEE Visa Inc. Steven Parker heads up Visa’s businesses in Russia, CIS and South‐Eastern Europe. His responsibilities include all business development, client management, government and regulatory relationships and overall direction of Visa’s business in the 19 markets across this diverse geography. Mr. Parker joined Visa in 2006, leading the Central Europe, Middle East and Africa (CEMEA) Marketing and Products division, which covered all brand marketing, sponsorship, product development, and innovation and merchant acceptance activities. His recent roles have also included management of all Business Development functions for CEMEA and General Manager for the Sub‐Saharan Africa region. Before Visa, Mr. Parker was with the Royal Bank of Scotland, where he was Head of Operations and Planning for the Direct Sales division. His career has spanned a variety of organizations from HSBC and Standard Chartered to Booz & Co. (strategy consultants) and Holiday Inn (hotels). His responsibilities included leading pan‐regional marketing and sales for the organizations as well as strategy and distribution development. Mr. Parker received his Master’s degree in French and Philosophy from Oxford University and his M.B.A. from INSEAD Business School. Jay R. Pryor Vice President, Corporate Business Development Chevron Corporation Jay Pryor has been Chevron Corporation’s Vice President for Corporate Business Development since 2006. He is responsible for identifying and developing new, large‐scale upstream and downstream business opportunities, including mergers and acquisitions. Prior to this position, he was Managing Director of Chevron Nigeria Ltd., one of Nigeria’s leading petroleum exploration and production companies. Mr. Pryor was Managing Director of the Asia South business unit and Managing Director of Chevron Offshore (Thailand) Ltd. from 1999 to 2002. From 1996 to 1999, he was Sponsor in charge of career development for operations personnel and served as General Manager of Human Resources for Chevron’s worldwide operations. In 1992, Mr. Pryor joined Chevron’s international subsidiary Chevron Overseas Petroleum Inc. as the first Manager of Petroleum Engineering in the newly established Tengizchevroil joint venture in Kazakhstan. Mr. Pryor earned his Bachelor’s degree in Petroleum Engineering from Mississippi State University.

Lucian Pugliaresi President Energy Policy Research Foundation (EPRINC) Lucian Pugliaresi has been President of the Energy Policy Research Foundation (EPRINC) since 2007 and managed the transfer of the organization from New York to Washington, DC. He previously served on the Board of Trustees of EPRINC (previously named PIRINC) before taking over the presidency. Since leaving government service in 1989, Mr. Pugliaresi has worked as a consultant on a wide range of domestic and international petroleum issues. He has served in a number of government posts, including the National Security Council, Departments of State, Energy and Interior, and the Environmental Protection Agency. Dana Rohrabacher Member, Foreign Affairs Committee; Ranking Member, Subcommittee on International Organizations, Human Rights and Oversight U.S. House of Representatives Currently serving his eleventh term in Congress, Dana Rohrabacher represents California’s 46th District. He is Ranking Member of the International Organizations, Human Rights and Oversight Subcommittee of the House Foreign Affairs Committee. Rep. Rohrabacher served as Chairman of the Subcommittee on Space and Aeronautics from 1997 to 2005, having been given a two‐year waiver to serve beyond the normal six‐year term limit. Prior to his first election to Congress in 1988, Rep. Rohrabacher served as Special Assistant to President Ronald Reagan and was one of the President’s senior speechwriters for seven years. During his tenure at the White House, Rep. Rohrabacher played a pivotal role in the formulation of the Reagan Doctrine and in championing the cause of a strong national defense. Rep. Rohrabacher received his Bachelor’s degree in History from Long Beach State College and his Master’s degree in American Studies from the University of Southern California. Ellis Rubinstein President The New York Academy of Sciences Ellis Rubinstein is President of The New York Academy of Sciences, home of 26,000 scientists in 140 countries and 27 Nobel Laureates on its Council. He served as Editor of Science from 1993‐2002, and was previously Editor of The Scientist, Senior Editor at Newsweek and Managing Editor of Science 86 and IEEE Spectrum. Mr. Rubinstein’s journalism was honored by three National Magazine Awards, the Pulitzer Prizes of the U.S. periodical industry. He was the first western journalist to interview Jiang Zemin and the first science journalist to interview then‐President Bill Clinton. He has established groundbreaking international initiatives like Scientists Without Borders and a global nutrition science alliance with the World Health Organization. Mr. Rubinstein holds a Bachelor’s degree in English Literature from the University of California, Berkeley.

Charles E. Ryan Chairman UFG Asset Management Charles Ryan is Chairman of UFG Asset Management, a position he has held since 2008. Prior to this role, he was Chairman of Deutsche Bank in Russia after having served as Chief Country Officer and CEO of Deutsche Bank Group in Russia, a position he held for three years. Mr. Ryan founded United Financial Group in 1994, an independent Russian investment bank in Moscow, which was later acquired by Deutsche Bank in 2006. From 1991 to 1994, he was an Associate and Principal Banker with the European Bank for Reconstruction and Development in London, where he played a crucial role in the city of St. Petersburg’s privatization program for industry and real estate. Mr. Ryan began his professional career in 1989 with CS First Boston, where he was a Financial Analyst. Mr. Ryan holds a degree in Government from Harvard College. Nikolay Savchuk President and Chief Executive Officer ChemDiv, Inc. Nikolay Savchuk is President and CEO of ChemDiv, Inc., Director and Managing Partner of Torrey Pines Investment, Chairman of the Chemical Diversity Research Institute (Moscow), Chairman of Viriom, and Director and Member of the Board of ChemRar (Moscow). Dr. Savchuk also co‐founded the Inel Group of IT and media companies in Singapore and Russia in 1992. He has led ChemDiv, Inc. and Torrey Pines Investment since 2004. Dr. Savchuk holds a Ph.D. in Mathematics from the Moscow Institute of Physics and Technology. William Schrader Chief Operating Officer TNK‐BP William Schrader joined TNK‐BP in October 2009. Prior to this position, he was President of BP Azerbaijan, based in Baku from 2006 to 2009 and was CEO of BP Angola from 2004 to 2006. After the Amoco and ARCO acquisitions, Mr. Schrader ran BP’s upstream businesses in Indonesia and served as Associate Country President. In 1996, he was appointed leader of the Forties field in the UK North Sea in BP’s Upstream Division. Mr. Schrader was General Manager for BP’s Marine Fuels business from 1994 to 1996 and Production Manager at BP’s Ferndale Refinery in Washington state from 1991 to 1994. He began his career with BP in 1980 as a chemical engineer, working in operations, business development and marketing for BP’s petrochemical business in the U.S. and UK. Mr. Schrader holds a B.Sc. in Chemical Engineering from the University of Cincinnati and an M.B.A. from the University of Houston.

The Honorable Arnold Schwarzenegger Governor State of California Arnold Schwarzenegger is the 38th Governor of California, a position to which he was first elected in 2003. As Governor, he has been California’s most effective marketing tool, traveling across the country and around the world promoting California‐grown products, cutting‐edge technologies and the state’s diverse travel destinations. Governor Schwarzenegger has worked to reform California’s fiscal policies, create a better business environment, reduce burdens on employment, boost exports, and stimulate job growth. Governor Schwarzenegger also serves as a Global Ambassador for the Special Olympics and was Chair of the President’s Council on Physical Fitness and Sports under President George H. W. Bush. A world‐ famous athlete and actor, at age 20 he became the youngest person ever to win the Mr. Universe title in bodybuilding, ultimately winning an unprecedented 13 world titles. Governor Schwarzenegger holds a degree from the University of Wisconsin. Mikhail Efimovich Shvydkoi Special Presidential Envoy for International Cultural Cooperation Government of the Russian Federation Mikhail E. Shvydkoi is the Special Presidential Envoy for International Cultural Cooperation, a position to which President Dmitry Medvedev appointed him in 2008. He was Head of the Federal Agency for Culture and Cinematography from 2004 to 2008 after having served as Minister of Culture from 2000 to 2004. Mr. Shvydkoi was Editor‐in‐Chief and Deputy Chairman of the All‐Russia State Television and Radio Broadcasting Company (VGTRK) from 1997 to 1998 and Chairman of the VGTRK from 1998 to 2000. He was Deputy Minister of Culture from 1993 to 1997. Mr. Shvydkoi holds a degree in Theater Studies from the State Institute of Dramatic Arts in Moscow. Roman Simonov Venture Partner Siguler Guff & Company Roman Simonov is a Venture Partner at Siguler Guff & Company, where he leads the firm’s IT investing practice in Russia. Prior to joining Siguler Guff, he was Managing Director of Delta Private Equity Partners, the managing company of the U.S. Russia Investment Fund and Delta Russia Fund. Mr. Simonov worked for Intel Corporation from 1996 to 2007, ultimately as Director of Strategic Investments at Intel Capital in Moscow. He led Intel’s acquisition of the Elbrus/UniPro companies in Russia from initiation to closing, including strategic rationalization, negotiation, due diligence, structuring, government approvals, and integration. Mr. Simonov holds an M.S. in Mechanical Engineering from Moscow Civil Engineering University and an M.B.A. from Case Western Reserve University.

John Steele Director, International Government Affairs Eli Lilly and Company John Steele is currently Director, International Government Affairs for Eli Lilly and Company. In this role, he directs the company’s Washington‐based lobbying efforts for key emerging markets, including Turkey, Russia, Latin America, and the Middle East. He is also responsible for achieving reimbursement and access to the company's products. Previously, Mr. Steele served as Corporate Affairs Director for Africa, the Middle East, Russia, and CIS for Eli Lilly and Company. Mr. Steele joined Eli Lilly and Company in 2001 and has been in his current position for just over a year. Previously, he was chief legislative aide to Representative Jack Kingston (R‐GA) and Representative David McIntosh (R‐IN) for a total of seven years. He was an advisor on a diverse set of legislative issues, including national security and foreign policy, as well as domestic issues such as health care and banking. Mr. Steele holds a B.A. in Political Science from Butler University and an M.Phil. in International Relations from Cambridge University (UK). He is currently pursuing an M.Sc. in Health Economics, Management, and Policy from the London School of Economics. Peter L. Thoren Executive Vice President Access Industries Peter L. Thoren is Executive Vice President of Access Industries, a privately held, U.S.‐based industrial group with long‐term investments worldwide and offices in New York, London and Moscow. Access’s industrial focus spans three key sectors: natural resources and chemicals, media and telecommunications, and real estate. Before joining Access in 2001, Mr. Thoren was Senior Vice President and General Counsel of Walker Digital Corporation, the founder of Priceline.com. Previously, he served in management positions with Salomon, Inc. and Citigroup and was a litigation attorney with Rogers & Wells law firm in New York. Mr. Thoren graduated from the University of North Carolina at Chapel Hill and has degrees from the London School of Economics and Political Science and the Georgetown University Law Center. Boris Yurievich Titov Chairman Delovaya Rossiya Boris Y. Titov has been the Chairman of Delovaya Rossiya since 2004. From 2006 to 2009, he was also a member of the Public Chamber, where he participated in committees on a number of topics, including transportation, industry and communications. Mr. Titov is also the Co‐Chairman of the political party Pravoye Delo, Chairman of the Board of Directors of ZAO Abrau‐Durso, the non‐commercial partnership “Coordinator of the Gas Market”, and the Russian Chairman of the Russia‐Chinese Business Council. Mr. Titov graduated from the Moscow State Institute of International Relations (MGIMO) with a degree in International Economic Relations.

Alexander Porfiryevich Torshin First Deputy Chairman Federation Council of the Russian Federation Alexander P. Torshin is First Deputy Chairman of the Federation Council of the Russian Federation and a member of the Supervisory Board of Rusnano. In addition, he is a member of the National Anti‐ Corruption Committee. Senator Torshin is a member of the Agriculture, Information Policy and General Regulations Committees in the Federation Council and is in charge of links and coordination with the Russian Constitutional Court, Russian Supreme Court, General Prosecution Office, and public and non‐profit organizations. He was first appointed to the Federation Council in 2001 representing the Republic of Mari‐El, and became Deputy Chairman of the body in 2002. Senator Torshin holds a degree in Psychology from Moscow State University and a degree in Law from the Soviet Graduate School of Law James S. Turley Chairman and Chief Executive Officer Ernst & Young James S. Turley is Chairman and Chief Executive Officer of Ernst & Young, a leading global professional services organization providing assurance, tax, transaction, and advisory services. Prior to his current position, he was appointed Deputy Chairman in 2000 and was named Metropolitan New York Area Managing Partner of Ernst & Young LLP in 1998. Mr. Turley began his career with Ernst & Young in 1977 in the U.S. firm’s Houston office. Mr. Turley also co‐chairs the Russia Foreign Investment Advisory Council. In 2007, he was appointed Chair for the Governing Board of the U.S. Center for Audit Quality and in 2009, was appointed Chair for Catalyst. Mr. Turley holds Bachelor’s and Master’s degrees in Accounting from Rice University. Omar Vargas Director of Global Policy and Government Affairs PepsiCo Omar Vargas joined PepsiCo in June 2006 as the Director of Global Policy and Government Affairs, located in Washington, DC. From 2001 to 2006, he was an appointee of President George W. Bush in the U.S. Department of Justice, where he served in a variety of capacities focusing on a broad range of legal and public policy issues. Mr. Vargas holds a Bachelor’s degree in Political Science from Seton Hall University and a law degree from American University.

Viktor Feliksovich Vekselberg Chairman Renova Group Viktor F. Vekselberg was one of the founders of Renova in 1990, which today is a leading Russian private business group operating in 34 regions of the Russian Federation, the CIS, Switzerland, Italy, South Africa, and the United States. In March 2010, President Dmitry Medvedev appointed him President of the Skolkovo Foundation Council. Dr. Vekselberg has served as President of the SUAL Group since 1996 and became Chairman of the Board of Directors of SUAL Group in 2003. From April 2002 to October 2003, he was Chairman of the TNK Management Board. In October 2003, after the establishment of TNK‐BP, Dr. Vekselberg became the Managing Director for Production and Technologies and joined the TNK‐BP Board of Directors. Today, while remaining a Member of the TNK‐BP Board of Directors, he is also the Executive Director for Gas Business Development of OAO TNK‐BP Management. Dr. Vekselberg is also Chairman of the Board of Directors of United Company Rusal (UC Rusal). Dr. Vekselberg holds a degree in Automation and Computer Engineering from the Moscow Railway Transport Engineering Institute (MIIT) and a Doctorate in mathematics. Edward S. Verona President and CEO U.S.‐Russia Business Council Ed Verona was appointed President and CEO of the U.S.‐Russia Business Council in 2008. Prior to that position, he was Vice President of ExxonMobil Russia, Inc., based in Moscow. Mr. Verona began his professional career in 1980 as a Special Representative for mining and petroleum equipment manufacturer Ingersoll‐Rand, based in La Paz, Bolivia (1981‐84), Quito, Ecuador (1984‐85) and Miami, Florida (1985‐86). He joined Shell Oil Company in 1987 and was appointed to the U.S. Foreign Service in 1989 and assigned as an Economic Officer to the U.S. embassies in Mexico City (1989‐ 91), Brasilia (1991‐93) and Moscow (1994‐96). In 1996, Mr. Verona left the Foreign Service to become Executive Director of the Moscow‐based Petroleum Advisory Forum (PAF). In 1998, he was named Russia Country Manager for Texaco, Inc., based in Moscow. Mr. Verona was transferred to Almaty, Kazakhstan, in 1999 as Texaco’s Country Manager, where he also served as Chairman of the Kazakhstan Petroleum Association (KPA) in 1999‐ 2000. Following Texaco’s merger with Chevron, he served as Vice President for Government and Public Affairs for ChevronTexaco’s upstream operations in Latin America, based in Caracas, Venezuela, from 2001 to 2003. Mr. Verona served as Chief Representative in Moscow of the Canadian Barrick Gold Corporation from 2004 to 2006. Mr. Verona received a B.A. in Political Science from the University of Arizona and a Masters of International Management (MIM) from the American Graduate School of Global Management (Thunderbird).

John S. Watson Chairman and Chief Executive Officer Chevron Corporation John S. Watson is Chairman and Chief Executive Officer of Chevron Corporation, a position he assumed on January 1, 2010. He served as Executive Vice President for Strategy and Development from 2008 to 2009, and he was President of Chevron International Exploration and Production from 2005 to 2008. In 2000, he led the company’s integration effort following the Chevron‐Texaco merger and then became the corporation’s Chief Financial Officer. Mr. Watson was elected a Vice President of the corporation, with responsibility for strategic planning and mergers and acquisitions, in 1998. He joined Chevron in 1980 as a Financial Analyst and held financial, analytical and supervisory positions before being elected President of Chevron Canada Ltd. in 1996. Mr. Watson earned a Bachelor’s degree in Agricultural Economics from the University of California at Davis and an M.B.A. from the University of Chicago.

USRBC ANNUAL MEETING 2010

SPONSORS

Ernst & Young is a global leader in assurance, tax, transaction, and advisory services. Worldwide, the firm’s 141,000 people are united by their shared values and an unwavering commitment to quality. Ernst & Young expands its services and resources in accordance with clients’ needs throughout the Commonwealth of Independent States (CIS). More than 3,500 professionals work at 16 offices in Moscow, St. Petersburg, Novosibirsk, Yekaterinburg, Togliatti, Yuzhno‐Sakhalinsk, Almaty, Astana, Atyrau, Baku, Kyiv, Donetsk, Tashkent, Tbilisi, Yerevan, and Minsk. With the opening of its Moscow office in 1989, Ernst & Young was the first professional services firm to establish operations in the CIS. The firm provides multidisciplinary and specialized services to more than 2,000 clients and, since 1996, has acted as auditor and reporting accountant on IPO transactions for 30 companies in Russia and the CIS, with a total of $27.9 billion raised in these offerings. Ernst & Young provides services to all CIS companies listed on U.S. stock exchanges, and it was appointed reporting accountant on 8 of the 14 FTSE 350 cross‐border IPOs since 2000. Ernst & Young is also the leader on the London Stock Exchange Main Market in terms of the number of IPOs from Russia and the CIS, providing audit services to 25 percent of London‐listed companies.

Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation, and industrial markets, bringing design, engineering, production, and other capabilities of Alcoa’s businesses to customers. In addition to aluminum products and components including flat‐ rolled products, hard alloy extrusions and forgings, Alcoa also markets Alcoa® wheels, fastening systems, precision and investment castings, and building systems. The company was named one of the most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland, and has been a member of the Dow Jones Sustainability Index for eight consecutive years. Alcoa employs approximately 63,000 people in 31 countries. Alcoa entered the Russian market in 1993 when it opened a facility in Lyubachany, and acquired two major manufacturing facilities in 2005 in Samara and Belaya Kalitva. By combining this local presence with its global resources, Alcoa provides customers with leading‐edge technology, expertise and integrated solutions for a wide range of products.

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. The company’s business primarily consists of providing transaction‐based services to financial institution customers through VisaNet, a secure, centralized and global processing platform. In addition, Visa provides value‐added services including risk management, loyalty, dispute management, and debit issuer processing. Visa develops and manages payment product platforms, which its financial institution clients use to offer consumers greater choice in how they pay — pay before with prepaid, pay now with debit or pay later with credit. The Visa brand provides the assurance of acceptance at millions of merchant outlets and 1.7 million ATMs in more than 200 countries and territories worldwide. Visa continually seeks to use its network breadth and payment expertise to extend the value of digital currency, so more people can use Visa in more ways and more places around the world. For example, with the Visa mobile platform, the company is helping accelerate the convergence of nearly 1.8 billion Visa cards and 4 billion mobile phone connections.

Access Industries is a privately held, U.S.‐based industrial group with long‐term holdings worldwide. Incorporated in 1986, Access’ industrial focus is in three primary sectors: natural resources and chemicals, media and telecommunications, and real estate. The company has offices in New York, London and Moscow. Access’ founder and Chairman, Mr. Len Blavatnik, emigrated with his family from Russia to the United States in 1978 and became a U.S. citizen in 1984. He received his Master’s degree from Columbia University and his M.B.A. from Harvard Business School. Mr. Blavatnik is a director of numerous companies in the Access portfolio, including TNK‐BP (a European based, vertically integrated oil company) and UC RUSAL (the largest vertically integrated aluminum producer in the world). An active philanthropist, Mr. Blavatnik and the Blavatnik Family Foundation have been generous supporters over the years of numerous leading cultural and charity institutions in the U.S., UK and Russia. Mr. Blavatnik also provides financial support to and remains engaged in many educational institutions. In addition to corporate directorships, Mr. Blavatnik sits on the boards of Cambridge University, Harvard University and Tel Aviv University. In 2007, Mr. Blavatnik created the New York Academy of Sciences Blavatnik Awards for Young Scientists to acknowledge the excellence of the most noteworthy young scientists in New York, New Jersey and Connecticut. In 2010, Mr. Blavatnik committed £75 million to establish the Blavatnik School of Government at the University of Oxford, one of the most generous gifts in the university's 900‐year history.

Chevron Corporation is a leading global company with expertise across all sectors of the energy industry and a record of building strong partnerships in more than 100 countries in which it does business. Chevron takes pride in producing safe, reliable and affordable energy that meets the highest standards of social, economic and environmental responsibility. The company has worked in the Russian energy sector for almost two decades and looks forward to developing future opportunities that coincide with Russian goals of increasing energy production, enhancing international capabilities and improving market access. Chevron’s existing projects in Russia include a 15 percent share in the Caspian Pipeline Consortium that operates the world‐class Tengiz‐Novorossiysk Pipeline. Chevron and Rosneft are now pursuing together deep‐water exploration opportunities in the Black Sea. Additionally, Chevron Oronite works directly with Russian producers of lube oils (including LUKOIL, TNK, Gazpromneft, and Rosneft) and supplies its partners with lubricant additives. Chevron also coordinates with Russia on the marketing and transportation of regional energy exports. The company is an active partner in licensing leading refining technologies to Russian companies, and it cooperates with several leading Russian scientific institutions. Chevron is an active community partner in Russia, where it has contributed to numerous local charities.

The Coca‐Cola Company is the world’s largest beverage company, refreshing consumers with nearly 500 sparkling and still brands. Along with Coca‐Cola — recognized as the world’s most valuable brand — the company’s portfolio includes 12 other billion‐dollar brands, including Diet Coke, Fanta, Sprite, Coca‐Cola Zero, vitaminwater, POWERADE, Minute Maid, and Georgia Coffee. Globally, the company is the No. 1 provider of sparkling beverages, juices and juice drinks and ready‐to‐drink teas and coffees. Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy the company’s beverages at a rate of nearly 1.6 billion servings a day.

ExxonMobil brings to Russia worldwide experience in energy development as well as extensive financial, technical, environmental, and management expertise. The company’s affiliates have been active in Russia since the late 1980s. The Sakhalin‐1 project, operated by ExxonMobil subsidiary Exxon Neftegas Limited, is one of the largest foreign direct investment projects in Russia and brings significant economic and social benefits to the country. ExxonMobil also has an interest in the Caspian Pipeline Company and sells lubricants, petrochemicals and technology licenses in Russia.

International Paper is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia, and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company’s North American distribution company. Headquartered in Memphis, Tenn., the company employs about 56,000 people in more than 20 countries and serves customers worldwide. Net sales were more than $23 billion in 2009.

PepsiCo is one of the world’s largest food and beverage companies, with annual revenues of nearly $60 billion. The company employs approximately 285,000 people worldwide, and its products are sold in more than 200 countries. In 2008, PepsiCo acquired Russia’s largest juice business, Lebedyansky. Today, PepsiCo products (Pepsi beverages, Lebedyansky juices and Frito‐Lay snacks) are produced in nine manufacturing plants across Russia, and the company has announced plans to invest $1 billion in the Russian market. In 2009, PepsiCo opened a new beverages plant in Domodedovo (Moscow Region) and is opening another snacks plant in Azov (Rostov Region) in October 2010, creating several thousand new jobs in those communities.

Renova Group of companies is Russia’s leading private business group, which consists of asset management companies and direct and portfolio investment funds. Renova Group is a stakeholder and strategic investor in leading Russian and international companies, including such world‐class companies as TNK‐BP, UC Rusal, Integrated Energy Systems, Oerlikon, and Sulzer. Renova Group integrated direct investment funds and management companies operate in the energy sector (IES, Avelar Energy), real estate development (Renova StroyGroup), portfolio investments (Svarog Capital Advisers, Columbus Nova), telecommunications (Akado Group), the chemical industry (Renova Orgsintez) and precious metals (Zoloto Kamchatki). The Group operates in Russia, Switzerland, Italy, South Africa, Ukraine, Latvia, Kyrgyzstan, Mongolia, and other countries. Renova Group is a participant in the UN Global Compact Initiative, a World Economic Forum (WEF) Industry Partner. In 2007, the company became a signatory of the Partnering Against Corruption Initiative of the WEF (PACI). Renova USA represents the Group in the United States and, since 2004, has focused largely on philanthropic initiatives. Renova USA seeks to promote better relations between Russia and the United States through supporting Russian‐U.S. arts and culture, education, civil society, media, social and development programs and organizations, and government and intergovernmental relations.

UFG Asset Management is a Russian region‐focused alternative investment group established in 1996. Allied domestically in a strategic partnership with Deutsche Bank Russia, which acquired in full UFG’s top‐rated 1,000‐employee investment bank in 2005, UFG AM invests in Russia across the capital spectrum. The firm was able to withstand and expand amid the worst of the recent global malaise, raising nearly $500 million since January 2009. UFG AM is run by its co‐founder, Charles Ryan, and manages $1.4 billion in debt and equity hedge funds, mutual funds, real estate/agriculture, traditional private equity funds, and separately managed accounts. UFG Private Equity is a value‐added investor in Russian media, technology and telecom infrastructure‐ focused companies, and was one of the first financial institutions to introduce pure VC investments in Russia. Through UFG’s real estate arm, the firm also owns a sustainable grain farm in Bryansk, Russia, which utilizes international cutting‐edge farming technologies.

Cisco, the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility.

Deere & Company is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land — those who cultivate, harvest, transform, enrich, and build upon the land to meet the world’s dramatically increasing need for food, fuel, shelter, and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity.

Philip Morris International (PMI), a leading international tobacco company, has three affiliates in Russia: ZAO Philip Morris Izhora (PM Izhora) in the Leningrad region, OAO Philip Morris Kuban (PM Kuban) in Krasnodar and OOO Philip Morris Sales and Marketing (PMSM) with offices in approximately 100 cities throughout Russia. To date, overall investments amount to over $1 billion. The annual production capacity of the two manufacturing facilities in Russia amounts to approximately 100 billion cigarettes. The factories also export their products to countries in Eastern and Central Europe and Southeast Asia. PhRMA represents the U.S.’s leading pharmaceutical research and biotechnology companies, which are devoted to inventing medicines that allow patients to live healthier lives. PhRMA members alone invested an estimated $45.8 billion in 2009 in discovering and developing new medicines. Industry‐wide research and investment reached a record $65.3 billion in 2009. The Philip Morris International cigarette brand families sold in Russia today include Bond Street, Chesterfield, L&M, Marlboro, Muratti, Next, Optima, Parliament, Apollo Soyuz, and Virginia Slims. The brands are manufactured locally at the PM Izhora and PM Kuban facilities, while PMSM is focused on their sales and marketing.

Russia is one of the most important markets for PMI. The company’s strong brand performance has allowed it to occupy one of the leading positions in the market for the past decade. This success reflects the efforts of more than 3,500 highly‐trained professionals working across Russia to manufacture, market and sell the company’s high‐quality products.

Siguler Guff & Company is a multi‐strategy private‐equity investment firm with approximately $9 billion in assets under management. Its clients include corporate and public employee benefit plans, endowments, foundations, government agencies, financial institutions, family offices, and high net worth individuals. Siguler Guff manages and co‐manages several direct investment private equity funds and fund‐of‐funds, each targeted at defined areas of market inefficiency. Siguler Guff’s Russian subsidiary, Russia Partners, is one of the oldest and largest private equity firms in Russia and the CIS, managing several active funds with more than $1 billion in assets under management. In addition to its direct investment activities, Siguler Guff has been a leader in the development of highly value‐added and specialized fund‐of‐funds that target market inefficiencies within private equity and allows its investors to allocate capital tactically to focused strategies. Amgen discovers, develops, manufactures, and delivers innovative human therapeutics. A biotechnology pioneer since 1980, Amgen was one of the first companies to realize the new science’s promise by bringing safe, effective medicines from lab to manufacturing plant to patient. Amgen therapeutics have changed the practice of medicine, helping millions of people around the world in the fight against cancer, kidney disease, rheumatoid arthritis, bone disease, and other serious illnesses. With a deep and broad pipeline of potential new medicines, Amgen remains committed to advancing science to improve people’s lives dramatically. Baker & McKenzie defined the global law firm of the 20th century and is redefining it to meet the needs of the global economy of the 21st century. The firm combines an uncompromising commitment to excellence with an instinctively global perspective, commercially pragmatic advice, a genuinely multi‐ cultural approach, and a passion for collaborative relationships. The firm has been active in the former USSR and the Commonwealth of Independent States (CIS) for over 40 years. Its Moscow office opened in January 1989, and was followed by the opening of its St. Petersburg and Kyiv offices in 1992, Almaty in 1995 and Baku in 1998. With more than 120 lawyers throughout the CIS, Baker & McKenzie has the largest full‐service law practice of any firm in the CIS, offering specialized expertise in all major aspects of investment in the region.

Baker & McKenzie’s CIS attorneys work in close cooperation with, and are supported by, the firm’s network of offices worldwide. In the United States, the firm’s CIS practice includes several Russian‐ speaking attorneys who have practiced law in the USSR and CIS and now help to deliver CIS‐related legal services to clients.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high‐net‐worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services, and treasury services through a worldwide client‐focused team. The company has been active in the Russian market for many years. It is a leading provider of depository receipts issued by Russia’s top companies and services the largest Russian financial institutions. The Boeing Company has had a partnership with Russia since the era of the former Soviet Union. In the 1970s, Boeing was a part of the historic U.S.–Soviet space mission, Apollo‐Soyuz, when spacecraft from both countries docked in orbit. Since 1992, Boeing has worked closely with the Russian aerospace and IT industries, as well as with airlines in Russia. The company also works with leading Russian and Ukrainian aerospace companies on space programs. From 1991 to 2009, Boeing’s investment in Russia/CIS exceeded $5 billion. Over the next 30 years, Boeing expects to invest a further $27 billion — some $18 billion in titanium purchases, $5 billion in design and engineering services and $4 billion in other services and materials. Boeing has also created the Ural Boeing Manufacturing (UBM) joint venture with Russian titanium producer VSMPO‐AVISMA. The 50/50 equity JV produces titanium parts for the Boeing 787. In 1992, the company established the Boeing Technical Research Center (BTRC), which is responsible for all research projects in Russia and involves more than 700 scientists and IT specialists in more than 20 Russian research institutes. In 1998, Boeing opened the Boeing Design Center (BDC) in Moscow with just 12 Ilyushin Design Bureau engineers. Today, there are more than 1,200 Russian contract engineers working at the BDC together with nearly 150 direct employees, including project managers and lead engineers. The BDC has played a significant role in the design of the all‐new Boeing 787. For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2009 sales and revenues of $32.4 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial

Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services, Progress Rail Services, and Electro‐Motive Diesel. Caterpillar opened the first representative Russian office in 1973 and has operated a fully‐owned manufacturing facility in Tosno, Leningrad Oblast since March 2000. The Caterpillar dealer network covers 100 percent of Russia with five authorized dealer organizations in the country. The Caterpillar Distribution Center, located near Moscow, was built on the company’s global distribution experience, providing customized integrated solutions and outstanding service to its customers.

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 159,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford, Lincoln and Mercury. The company has announced that production of the Mercury brand will be ending in the fourth quarter of 2010. Ford provides financial services through Ford Motor Credit Company. Ford has had a long association with Russia, appointing its first dealer there in 1907. Sales of cars, trucks and tractors were so successful that the company established a plant in Nizhny Novgorod in 1930 to produce the Model AA. Ford pioneered the automotive industry in Russia with the establishment of the Nizhny Novgorod plant, which is now the home of the second‐largest car manufacturer in Russia, Gorkovsky Avtomobilny Zavod (GAZ). Ford’s operations include its wholly‐owned, full production cycle automobile manufacturing car plant in Vsevolozhsk, Leningrad Oblast. Since the plant’s opening in 2002, Ford has manufactured more vehicles in Russia than any other foreign producer — more than 340,000 — and the Ford Focus has been the best selling foreign model since the launch of its Russian production over seven years ago. In 2009, plant manufacturing capacity was increased to 125,000 units per year and production of the Ford Mondeo was launched in March. Today, the plant employs about 2,700 workers. Ford also sells the Fusion, Fiesta, Grand C‐MAX, Kuga cars; S‐MAX and Galaxy vans; Ranger compact pickup truck; and Transit and Transit Connect light commercial vehicles in Russia. Founded in 1975, Microsoft Corporation is the worldwide leader in software, services and internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower and enrich people in the workplace, at school and at home. Microsoft products are available in more than 30 languages (including Russian) and sold in more than 100 countries. Microsoft Corporation opened its CIS subsidiary in Moscow in 1992. Today, Microsoft in Russia is present in 70 cities across Russia, spanning 9 time zones. The key objectives of the company’s Russian subsidiary are Russian IT market development, building a strong partner ecosystem and localization and deployment of Microsoft products, technologies and services.

Schlumberger is the world’s leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing more than 105,000 people representing over 140 nationalities and working in approximately 80 countries, Schlumberger provides the industry’s widest range of products and services from exploration through production.

TNK‐BP is a major Russian oil and gas company, 50 percent owned by BP and 50 percent by Alfa Access Renova group (AAR). It is Russia’s third‐largest oil company and a top‐ten private sector oil producer globally. TNK‐BP operates a diversified upstream portfolio in West Siberia, East Siberia and the Volga‐ Urals and produces close to 1.9 million barrels per day. The company owns and operates four refineries in Russia and one in Ukraine, and retails through a network of more than 1,200 sites working under the TNK and BP brands in Russia and Ukraine.

The Bank for Development and Foreign Economic Affairs (Vnesheconombank), wholly owned by the Russian government, was established to promote the competitiveness, diversification and modernization of the Russian economy. The bank participates in a range of investment projects, including financing infrastructure development, stimulating economic growth in “special economic zones,” facilitating Russian exports, protecting the environment, and financing Russian credit organizations and legal entities that support small‐ to medium‐sized businesses. The bank finances development projects using its own funds and funds provided by Russian and foreign co‐investors, and actively seeks the involvement of foreign investors with the necessary expertise and/or funding to facilitate the realization of Russian development projects.

USRBC ANNUAL MEETING 2010

MEDIA PARTNERS

The U.S.-Russia Business Council (USRBC) is thankful to our Media Partners for promotional support of the 2010 Annual Meeting

Johnsonâ&#x20AC;&#x2122;s Russia List

USRBC gratefully acknowledges the generosity of the 2010 Annual Meeting sponsors

АРДС глубого признателен спосорам Ежегодного Заседания 2010 года

The U.S.-Russia Business Council (USRBC) U.S. Headquarters 1110 Vermont Avenue, NW, Suite 350 Washington, DC 20005 Tel: +1 202-739-9180 Fax: +1 202-659-5920

Американо-Российский Деловой Совет (АРДС) Представительство в РФ Новинский бульвар 8, Офис 907 Москва 121099, Россия Тел.: + 7-495-228-5896 Факс: +7-495-228-5897