Extraordinary General Meeting Cancelled

The board of directors has opted to cancel a proposed Extraordinary General Meeting later this year after consultations held with stakeholders. The planned summit, which had originally been discussed at the virtual Annual General Meeting held in May, was to offer invited delegates an occasion to meet in-person after the original event was postponed in April. However, after extensive deliberations it is now believed that the continued restrictions on international travel yield significant logistical and operational challenges to coordinating such a conference. In response to this announcement, our Deputy Chief Executive Officer, Aleksandr Filyurin, issued this statement:

“It is obviously a disappointment that we will not be able to have a full AGM (Annual General Meeting) this year, but considering the circumstances I think it is understandable. I am pleased, though, that we have managed to adapt to the circumstances and still engaged regularly with our shareholders and other stakeholders. I would like to place on record my thanks to them, as would the rest of the board, for their dedication and focus on the success of Rusneftegaz in this difficult period. We hope that we can emerge from this time stronger than ever, and continue our plans for the future together.”

As a consequence, it has been mutually agreed that an Extraordinary General Meeting should be held at the first opportunity if the proposed 2021 Annual General Meeting must take place via video conference next year. In such a situation were to arise, then we shall do our utmost to ensure that all associated parties are informed of this decision in advance of the conference taking place. Whilst we have proactively communicated this with all those we believe to be affected or involved; we invite anyone with any subsequent queries to contact us at their earliest convenience via email or by telephone. We necessitate your cooperation and understanding with this matter.