The article presents the results of studies of new nanosize catalysts of electrochemical oxygen reduction reaction (ORR) obtained using the method of thermal decomposition of polymer complexes of nickel and cobalt with tetradentate (N₂O₂) Schiff bases. The catalysts are characterized using the methods of thermogravimetry, electrochemical quartz microgravimetry, scanning electron microscopy with X-ray microanalysis, XPS. The ORR process on electrodes modified by the above catalysts was studied using the voltammetry and rotating disk electrode techniques. The obtained catalysts manifested high specific activity per initial polymer mass (more than 600 mA/mg).