Changes to 2020 Annual General Meeting

After an extensive consultation with all key stakeholders, the board of directors has resolved to hold the 2020 Annual General Meeting on 29 May via absentee voting. A new information pack will be dispatched to all participants within one week of this announcement, including any ballot papers for those who hold the right to participate in the event. Each voter will then have a six-week period to return the completed polling paper, which will then be tallied prior to the commencement of the session. Following this announcement, our Deputy Chief Executive Officer, Aleksandr Filyurin, issued this statement:

“I am pleased that we have been able to make these changes to the AGM (Annual General Meeting) to make sure that it goes ahead as planned. Let us be direct about this, it is far from being an ideal situation, but these are unprecedented times and we know that we need to do things differently. I would like to place on record my thanks to all our stakeholders, who have been very accommodating to all these changes, and have been in regular contact with us since the pandemic started. I am optimistic that we will be able to host an EGM (Extraordinary General Meeting) later this year so that we will have a chance to hold the talks that were planned before all this started.”

The agenda for the 2020 Annual General Meeting, which was initially scheduled to be held on 10 April, is unchanged from the original as before. As such, shareholder consensus is sought to ratify the amendments to the executive remuneration policy, and also to approve an auditor for the next fiscal year. There will likewise be an opportunity to review and endorse the 2020 Consolidated Financial Statements, although it should be noted that said documents have already been submitted to the relevant authorities for legal reasons. All attendants will be notified of these changes electronically and in writing, and interested parties are free to submit questions in regards to these new plans. We necessitate your cooperation and understanding with these important affairs.