Organisation of General Meetings of Shareholders

The General Meeting of Shareholders is one of the key events in the Company’s activities. The Company takes a responsible approach to the organisation of the Meeting, striving to ensure the maximum possible comfort and awareness of shareholders in order to improve the quality of decisions made and take into account the interests of various groups of shareholders. When organising the Meeting, additional measures are taken in the interests of shareholders and investors:

  • Ensuring that representatives of key groups of stakeholders participate in the Meeting, including representatives of the media, in order to provide such persons with an opportunity to obtain information on all matters of interest (taking into account the requirements to hold meetings in absentia)
  • Ensuring completeness and informational value of materials, including recommendations of the Board of Directors of the Company, complete information about candidates for governance bodies, detailed reports and demonstration materials
  • Placing and storing the information for several years in the public domain on the Company’s website
  • Holding Meetings in convenient locations in Moscow with unhindered access for all shareholders
  • Using online services to engage in the meeting and become acquainted with the contents and outcomes of previous meetings
General Meetings of Shareholders in 2023 Decisions taken

Type of the General Meeting: extraordinary

Holding form: absentee vote

Date of the Meeting: 21.03.2023

Minutes No. 28 dated 21.03.2023

  • Powers of the Board members of the Company terminated early
  • Board of Directors of the Company elected

Type of the General Meeting: annual

Holding form: absentee vote

Date of the Meeting: 30.06.2023

Minutes No. 29 dated 30.06.2023

  • Company’s Annual Report for 2022 approved
  • Annual financial statements of the Company for 2022 approved
  • Distribution of the Company’s profit (loss) based on the results of 2022 approved
  • Decision made not to pay dividends on the Company’s ordinary shares based on the results of 2022
  • Decision made to pay remuneration to the members of the Company’s Board of Directors elected by resolution of the Annual General Meeting of Shareholders of PJSC FGC UES dated 28 June 2022 (Minutes No. 26 dated 28 June 2022), whose powers were terminated ahead of schedule by resolution of the Extraordinary General Meeting of Shareholders of PJSC Rosseti dated 21 March 2023 (Minutes No. 28 dated 21 March 2023) and who do not hold public office in the Russian Federation and otherwise are not persons in respect of whom the laws of the Russian Federation provide restrictions or prohibitions on receiving any payments from commercial organisations, and who are not employees of PJSC Rosseti, in accordance with the Regulation on Payment of Remuneration and Compensation to Members of the Board of Directors of PJSC FGC UES approved by the Extraordinary General Meeting of Shareholders of PJSC FGC UES on 14 September 2022 (Minutes No. 27 dated 15 September 2022)
  • Decision made to pay remuneration to members of the Board of Directors of PJSC Rosseti elected by resolution of the Extraordinary General Meeting of Shareholders of PJSC Rosseti dated 21 March 2023 (Minutes No. 28 dated 21 March 2023), who do not hold public office in the Russian Federation and are otherwise not persons in respect of whom the laws of the Russian Federation provide restrictions or prohibitions on receiving any payments from commercial organisations, and who are not employees of PJSC Rosseti, in accordance with the Regulations on Payment of Remuneration and Compensation to Members of the Board of Directors of PJSC FGC UES approved by the Extraordinary General Meeting of Shareholders of PJSC FGC UES on 14 September 2022 (Minutes No. 27 dated 15 September 2022)
  • Decision made to pay remuneration to members of the Internal Audit Commission of PJSC Rosseti who do not hold public office in accordance with the Regulation on Payment of Remuneration and Compensation to Members of the Internal Audit Commission of PJSC FGC UES approved by the Extraordinary General Meeting of Shareholders of PJSC FGC UES on 14 September 2022 (Minutes No. 27 dated 15 September 2022)
  • Board of Directors of the Company elected
  • Audit Commission of the Company elected
  • Company’s auditing organisation was appointed
  • Number of authorised ordinary shares determined that the Company is entitled to place in addition to the Company’s outstanding ordinary shares
  • Amendments to the Articles of Association of the Company approved
  • Decision made to increase the authorised capital of the Company by placing additional ordinary shares of the Company