Enel Russia holds its Annual General Shareholders Meeting

Published on Wednesday, 9 June 2021

Moscow, June 09, 2021 – Today the results of the Annual General Shareholders’ Meeting of PJSC Enel Russia were summed up. The meeting was held in the form of absentee voting for the second consecutive year in order to avoid risks caused by the COVID-19 pandemic. The shareholders holding in aggregate 75% 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 14, 2021.

Among the main issues on the agenda were the approval of the company’s annual report and annual financial statements for 2020, distribution of profit and losses upon the results of 2020 and the election of Enel Russia’s new Board of Directors.

“In 2020 the company faced several challenging factors: a decrease in electricity sales due to the sale of Reftinskaya GRES and the coronavirus pandemic which resulted in a reduction of economic activity in the country. In these conditions, the main task was to focus on ensuring the continuity of business processes and the safety of our employees both working at the power plants and in a remote mode, as well as to contribute to the active implementation of our projects in the field of renewable energy sources.”

– 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 2020. Acting on a proposal by the Board of Directors, the Shareholders’ Meeting approved the decision of not paying dividends and keeping the available profit at the disposal of the company.

PJSC Enel Russia’s Annual General Shareholders’ Meeting elected a new Board of Directors composed of 11 members:

Simone Mori

Flaminia Ceribelli

Maria Antonietta Giannelli

Andrea Palazzolo

Andrea Guaccero

Giuseppe Ferrara

Giorgio Callegari

Giuseppe Luzzio

Lea Tarchioni

Laurent Souviron

Anatoly Braverman

The General Shareholders’ Meeting also appointed Joint Stock Company “KPMG” as PJSC Enel Russia’s auditor.

The Annual General Shareholders’ Meeting approved a new version of the Regulation on preparation and holding of General Shareholders’ Meeting and consent for entering into the Directors and Officers liability insurance contracts as related-party transactions.

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 5 718,7 MW and thermal capacity is 2,032 Gcal/h. After commissioning of Azov WPP (90 MW), PJSC Enel Russia implements two more projects in the field of wind generation: 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 SpA share in the company’s authorised capital is 56.43%, RDIF Investment Management-8 is 5.54%, and other minority shareholders’ share is 38.03%. 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