Enel Russia holds Annual General Shareholders’ Meeting in absentee voting

Published on Friday, 19 June 2020

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:

Vitaly Yurievich Zarkhin

Tagir Sitdekov

Laurent Souviron

Simone Mori

Andrea Palazzolo

Andrea Guaccero

Giorgio Callegari

Giancarlo Pescini

Maria Antonietta Giannelli

Luca Noviello

Denis Mosolov
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.

PJSC Enel Russia is a subsidiary of Enel Group. PJSC Enel Russia operates the following three gas power plants: Konakovskaya GRES, Nevinnomysskaya GRES and Sredneuralskaya GRES. The company’s total gross installed electrical capacity is 5,628.7 MW (equivalent to 5,255.4 MW net installed capacity) and thermal capacity is 2,032 Gcal/h. A coal-fired power plant Reftinskaya GRES of 3.800 MW under temporary company’s operation during the transition period required to complete the sale transaction with its new owner JSC Kuzbassenergo. Besides that, PJSC Enel Russia implements three projects in the field of wind generation: Azovskaya WPP (90 MW), Kolskaya WPP (201 MW) and Rodnikovskaya WPP (71 MW). PJSC Enel Russia’s authorized capital is 35,371,898,370 roubles, which is divided into ordinary shares with a par value of 1 rouble. The Enel S.p.A. share in the company’s authorized capital is 56.43%, PFR Partners Fund I Limited’s share is 19.03% and other minority shareholders’ share is 24,54%. PJSC Enel Russia shares are listed in Level 1 the Moscow Exchange quotation list. The company was established in Yekaterinburg on October 27, 2004 as OJSC OGK-5. On July 7, 2009 by the resolution of Annual General Shareholders’ Meeting the company was renamed OJSC Enel OGK-5 and on August 8, 2014 the Federal Tax Service registered the new version of the company’s charter with the name OJSC Enel Russia. On June 25, 2015 the company changed its legal type and was renamed PJSC Enel Russia. You can follow the company’s news in social media such as Facebook, Instagram, Twitter and YouTube.