Information on Shareholder Rights

The Russian legislation guarantees that any common stock gives equal rights to any shareholder. Therefore, our shareholders are entitled to:

  1. Participate in a GSM (in personal or by proxy) with voting power on all respective matters.
  2. Introduce own proposals to a GSM agenda according to a procedure set forth by the Russian legislation and Company's Charter.
  3. Obtain information on the Company and get familiarized with Company’s documents according to Art. 91 of the Federal Joint-Stock Companies' Law, other regulatory documents and Charter.
  4. Collect dividends announced by the Company.
  5. Preemptive acquisition of additional shares and convertible securities, placed via subscription, pro rata to the ownership in cases stipulated by the Russian legislation.
  6. Obtain property of the Company in case of its liquidation.
  7. Enjoy other rights guaranteed by the Russian legislation and Charter.

A shareholder or a group of shareholders with at least 2% of the voting shares are entitled to introduce issues to a GSM agenda and nominate candidates to the Board of Directors and Board of Internal Auditors of the Company. A shareholder or a group of shareholders with at least 10% of the voting shares are entitled to initiate an extraordinary GSM of the Company.

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