General Shareholder Meeting

To view GSM protocols, please, follow the link .

The General Shareholder Meeting shall be the supreme management body of the Company. The following issues shall pertain to the GSM reference:

1) Introduction of amendments and supplements to the Charter or approval of a new version of the Charter;

2) The Company's re-organization;

3) The Company's liquidation, appointment of a liquidation commission and approval of interim and final liquidation balance-sheets;

4) Definition of quantity, nominal value, category (type) of authorized shares and the rights provided by the shares;

5) Increase of the Charter capital by enlarging the nominal value or placing additional shares;

6) Decrease of the Charter capital by reducing the nominal value, purchasing shares to reduce their total amount as well as by redeeming shares acquired or paid-up by the Company;

7) Splitting and consolidation of the Company shares;

8) Decision-taking on the placement of bonds convertible into shares and other emissive securities convertible into shares;

9) Determination of the BoD membership, election of its members and early termination of their powers;

10) Election of the Audit Commission and early termination of their powers;

11) Approval of the Company's auditor;

12) Decision-taking on transferring the powers of the sole executive body of the Company to a managing company (a managing director) and early termination of its powers;

13) Approval of annual reports and financials including profit and loss statements (profit and loss accounts) of the Company, as well as profit distribution (including dividend pay-out (declaration), except for the profit distributed as 3M, 6M and 9M dividends and losses as of the financial year;

14) Dividend pay-out (declaration) as of 3M, 6M and 9M results;

15) Determination of the procedure for arranging a GSM;

16) Decision-taking on approving transactions in cases envisaged by Article 83 of the Federal Law "On Joint-Stock Companies";

17) Decision-taking on approving major transactions in cases envisaged by Article 79 of the Federal Law "On Joint-Stock Companies";

18) Decision-taking on participation in financial and industrial groups, associations and other unions of commercial companies;

19) Approval of internal documents regulating the activities of the Company's bodies;

20) Decision-taking on remuneration and/or compensations paid to the Audit Commission;

21) Decision-taking remuneration and/or compensations paid to the Board of Directors;