Moscow, June 19th, 2020 – Today the results of the Annual General Shareholders’ Meeting of PJSC Enel Russia that was held in the form of absentee voting due to the company’s decision to avoid any risks caused by the COVID-19 pandemic were summed up. The shareholders holding in aggregate 85.7% percent of the total voting stocks took part in the voting. The list of persons eligible to participate in the meeting was drawn up on May 25, 2020.
Among the main issues on the agenda were the approval of the company’s annual report and annual financial statements for 2019, distribution of profit and losses upon the results of 2019 year, including the payment of dividends, and the election of Enel Russia’s new Board of Directors.
“In 2019 the Company sold its coal-fired power plant Reftinskaya GRES. We also managed to expand the package of projects in renewables and to win four equipment modernisation projects in order to ensure our Environmental sustainability. We are going in line with the approved Strategic Plan and have introduced a fixed dividend for 2019-2021 results to protect the bottom-line volatility for our shareholders. In current challenging situation our task is to ensure reliable and stable operation of our Сompany throughout the year.”
– Stephane Zweguintzow, General Director of PJSC Enel Russia
The Annual General Shareholders’ Meeting approved the annual report and the annual financial statements of the company for 2019. Acting on a proposal by the Board of Directors, the Shareholders’ Meeting approved the distribution of fixed dividends totalling 3 billion RUB or 0.085 RUB/share.
PJSC Enel Russia’s Annual General Shareholders’ Meeting elected a new Board of Directors composed of 11 members:
The General Shareholders Meeting also appointed Joint Stock Company “KPMG” as PJSC Enel Russia’s auditor.
The Annual General Shareholders’ Meeting approved the company’s Charter, the Rules of procedure for convention and holding of meetings of the Board of Directors, the Regulation on Executive Board in the new versions and gave consent for conclusion of the agreement of transfer of contracts for delivery of capacity of the renewable generating facility to be made by PJSC Enel Russia to LLC Enel Rus Wind Generation as a related-party transaction.