The General Shareholders Meeting is the supreme management body of the Company.

The competence of the General Shareholders Meeting includes the following issues:

  • Changes and amendments to the Charter, or approval of a new version of the Charter;

  • Reorganization of the Company;

  • Liquidation of the Company, appointment of a Liquidation Commission and approval of the interim and final liquidation balance sheets;

  • Setting of the quantity, par value, category (type) of declared shares and rights granted by these shares;

  • Increasing of the share capital of the Company by increasing the par value of the shares or by issuing additional shares;

  • Decreasing of the share capital of the Company by decreasing the par value of the shares, acquiring a part of the outstanding shares by the Company to reduce their quantity, or by redemption of the shares acquired or purchased by the Company;

  • Split or consolidation of the Company’s shares;

  • Adoption of the resolution on placement of bonds convertible into shares, or other equity securities convertible into shares;

  • Election of members of the Board of Directors of the Company and early termination of their offices;

  • Election of members of the Internal Audit Commission of the Company and early termination of their offices;

  • Approval of the Company’s Auditor;

  • Adoption of the resolution on the transfer of powers of the sole executive body of the Company to the managing organization (person), and early termination of powers of the managing organization (person);

  • Approval of the annual report, annual financial statements, including the income statement (profit and loss accounts) of the Company. As well as, the statement of appropriation of profit (including payment (declaration) of dividends, except for the profit appropriated in the form of dividends based on the results of the first quarter, half, three quarters and losses of the Company based on the results of the fiscal year;

  • Payment (declaration) of dividends based on the results of the first quarter, half, three quarters of the fiscal year;

  • Setting of the procedure for the General Shareholders Meetings of the Company;

  • Adoption of resolutions on approval of transactions in cases stipulated in Article 83 of the Federal Law “On Joint-Stock Companies”;

  • Adoption of resolutions on approval of large transactions in cases stipulated in Article 79 of the Federal Law “On Joint-Stock Companies”;

  • Adoption of the resolution on participation in holding companies, financial and industrial groups, associations and other business unions/associations;

  • Ratification of internal documents regulating the activities of the Company’s bodies;

  • Adoption of the resolution on payment of remunerations and/or compensations to the members of the Internal Audit Commission;

  • Adoption of the resolution on payment of remunerations and/or compensations to the members of the Board of Directors of the Company;

  • Resolving other issues stipulated in the Federal Law “On Joint-Stock Companies”.
PDF (0.72 MB) DOWNLOAD