Annual General Meeting Postponed

After consultation with a significant proportion of interested parties the board of directors has elected to adjourn the planned Annual General Meeting, which was scheduled to be held in Moscow on 10 April, until further notice. Recent developments with regards to the ongoing coronavirus pandemic have made it logistically impossible to hold such an event at this unprecedented time, although the 2020 Consolidated Financial Statements are still expected to be published on 7 April electronically. In the aftermath of this change, our Deputy Chief Executive Officer, Aleksandr Filyurin, gave the following statement:

“It is obviously extremely disappointing that we are having to postpone our AGM (Annual General Meeting), but it is something that we have been preparing for considering everything that is happening at the moment. Obviously, the situation is changing very rapidly, and we are all doing our best to keep ourselves updated with what is happening. It is a very concerning time for us, and we are doing everything we can to act in the best interests of all our staff, and the best interests of Rusneftegaz. I am optimistic that once this has passed, we will be able to host the AGM as normal, it is one of the highlights of our calendar.”

Pending further updates, our executive leadership is currently examining the prospects of holding this conference remotely within the next eight weeks, in addition to an in-person Extraordinary General Meeting later in the year. In the coming days, we will do our utmost to ensure that all parties affected by this will be duly informed of any further updates to our anticipated schedule, although all such affairs may change considering the wider circumstances. Although we have taken proactive measures to communicate with those of whom we expect to be involved in the discussions, we extend an invitation to anyone with further inquiries to promptly contact us via any of the usual means. We necessitate your cooperation and understanding at this challenging time.