Upd ated and approved by Order No. 60 dated 17.03.2011

• KAMAZ (Company) is a socially oriented market enterprise. High social responsibility before the staff has always been one of the Company's main priorities.

• Social Policy is a significant component of KAMAZ's management system enabling KAMAZ to achieve its strategic goals.

• Social Policy is one of the fundamental elements on the basis of which KAMAZ's rules of corporate conduct are formed.

• Social policy is the most important factor in stabilizing social and labor relations in the Company, increasing motivation, increasing the productivity and quality of the personnel's work, retaining and attracting highly qualified specialists.

• Social policy is regulated in accordance with the requirements of labor legislation which excludes child labor, forced labor and all types of discrimination against workers.
  

• KAMAZ’s Social Policy is implemented through the collective agreement of KAMAZ's group of companies and local normative acts based on social partnership with the Company's employees’ trade-union committee.

• Social Policy extends to organizations se t up with the participation of KAMAZ PTC which controls these organizations because of its predominant share in their Authorized Capital Stock or on other grounds.

• Implementation of Social Policy is considered as an integral system in KAMAZ, including such subsystems as rendering of social services, guarantee of benefits and social safeguards, social support of the personnel.

• The Company develops the system of rendering of social and medical services. It grants benefits and compensations in social and housing spheres. It supports a good rest, develops culture and sport.

• Granting the staff social benefits, the Company realizes that mass media perform functions important for the workers’ social well-being which is a means of achievement of social equality and a way of merit award.

• Implementing the “Care” program, the Company lends social assistance to its employees who face severe problems.

• Rendering of assistance to vulnerable groups of the personnel is built by the Company on the following principles: targeting, humaneness, and preventive orientation.

• The managers of KAMAZ and its subsidiaries provide every worker with favorable social conditions at the place of production, social safeguards, benefits and services stipulated by the Company's collective agreement.

• The Company permanently monitors the employees’ satisfaction with the measure of social welfare and level of social services. It uses the monitoring results when developing social programs. KAMAZ is attentive to its employees' opinions and complaints.

• Effectiveness of the personnel's social maintenance is determined by the workers’ satisfaction with their belonging to KAMAZ, by absence of collective manifestation of protest behavior.

• The Management of KAMAZ takes the responsibility for implementation of the Social Policy.