Changes to 2021 Annual General Meeting

Pertaining to the results of a concluded consultation, both the board of directors and key stakeholders have mutually agreed that the 2021 Annual General Meeting should be hosted via an online teleconference with absentee voting, as per the previous assembly in 2020. The event shall be held on the previously scheduled date of 9 April, with no changes to any items on the agendum, including motions to alter the executive remuneration policy and the appointment of an external auditor for the financial year. In lieu of this announcement, our Deputy Chief Executive Officer Aleksandr Filyurin, issued this statement in response:

“It has been obvious to us for some time that this change needed to be made, and I am very thankful to my colleagues and our other stakeholders for making it happen. It is disappointing that yet again we will be unable to host our AGM (Annual General Meeting) fully for another year, but we understand why and to be direct with you, I fully support this move. We will continue to keep everyone who would have otherwise attended the AGM updated with all the latest news from Rusneftegaz as we have done for the past year. I, along with the rest of the board, hope that we will be able to host it in-person soon and look forward to that time.”

It is also still intended that we publish our 2020 Consolidated Financial Statements prior to the event, which will then be analyzed during the conference with an approval vote being held accordingly. It is preferred that all ballots for each resolution shall be sent electronically, and all interested parties are to be contacted shortly with instructions as to how to submit this in due course, although a postal option is expected to be available upon request. All competed ballots must be transmitted to the relevant officer by the close of business on 8 April. Any questions in regards to these changes should be directed via email or telephone. We necessitate your cooperation and understanding with this particular matter.