Rusneftegaz held its 2022 Annual General Meeting on 8 April at an event in Moscow, with delegates attending in-person for the first time since 2019. Whilst the notion of hosting a teleconference option was deliberated with key stakeholders in private discussions, the suggestion was unanimously rejected. The assembly was convened following the publication of Rusneftegaz’s 2021 consolidated financial statements in the preceding days which, in conjunction with conversations regarding broader business strategy, were the primary focus of discussions held throughout the main session. It was also resolved to approve the Annual Report in addition to the aforementioned financial reports for wider release, with all other tabled motions passing, including a proposition to re-elect all members of the current board of directors. Despite a motion to reappoint Deloitte as our independent auditor passing, it was agreed that the audit committee, whose composition is unaltered from last year, be bestowed with the power to nominate an alternative auditor should the services of Deloitte be unavailable next year. In such an incidence, delegates will be called to an Extraordinary General Meeting to vote to approve the amendments, if necessary. These attendees also chose to forego any type of dividend payment for a further year, with management citing the need to reinvest earned funds into expanding many areas of Rusneftegaz’s operations. Consequently, there was broad consensus amongst participants at this gathering that the future prospects of the company were excellent, and that all of those affiliated with the organization have a just reason to be optimistic. The consolidated financial statements for 2021 have been made available to the public and can be viewed in the financial section on this website.