Resolutions adopted at MegaFon's AGM

Moscow, Russian Federation (9 June 2020) - Public Joint Stock Company "MegaFon", a pan-Russian operator of digital opportunities ("MegaFon" or the "Company"), announces that the following resolutions were adopted at the Annual General Meeting («AGM») of shareholders held on 8 June 2020 in Moscow:

 

 

1. To approve the 2019 Annual Report of the Company.
2. To approve the Annual Accounting (Financial) Statements of the Company for 2019.
3. The shareholders approved that the net profit of the Company earned in the 2019 financial year shall not be distributed and, accordingly, the dividends based on full year 2019 results shall not be announced and paid out. 
4. To elect the Board of Directors of the Company in the following composition:
   1. Maxim Anipkin
   2. Emin Antonyan
   3. Evgeny Bystrykh
   4. Johan Dennelind
   5. Khachatur Pombukhchyan
   6. Vladimir Streshinskiy
   7. Anton Cherepennikov

 

5. To approve the number of seats in the Management Board of the Company (8 persons) and elect the Management Board in the following composition:

1. Gevork Vermishyan
2. Frederic Vanoosthuyze
3. Valentina Vatrak
4. Vlad Wolfson
5. Elena Martynova
6. Nikita Orlov
7. Sergey Pereverzev
8. Alexander Sobolev

 

6. To approve KPMG JSC was approved as the Company's independent auditor.
7. To elect the Revision Commission of the Company in the following composition:

1. Yuri Zheimo
2. Radik Nasibullin
3. Stanislav Kiselev

 

8. To approve the Regulations on the General Shareholders' Meeting of the Company in the new version (Version No.3).
9. To approve the Regulations on the Management Board of the Company in the new version (Version No.3).
10. To approve the Regulations on the Revision Commission of the Company in the new version (Version No.2).
11. To provide consent to settle the Company's interested party transaction. In compliance with Item 16 Article 30 of the Federal Law "On Stock Market", take a decision that the information on the transaction shall not be disclosed till the above transaction is executed.
12. To pay an additional bonus to the Chairman and the members of the Company's Board of Directors based on the results of their work in the Company's Board of Directors:

1. to Evgeny Bystrykh in the amount of USD 200,000 (Two Hundred Thousand);
2. to Maxim Anipkin in the amount of USD 100,000 (One Hundred Thousand);
3. to Alexander Esikov in the amount of USD 100,000 (One Hundred Thousand);
4. to Natalya Chumachenko in the amount of USD 100,000 (One Hundred Thousand);
5. to Anna Serebryanikova in the amount of USD 75,000 (Seventy Five Thousand);
6. to Igor Ivanov in the amount of USD 50,000 (Fifty Thousand);
7. to Anton Rybalkin in the amount of USD 50,000 (Fifty Thousand).

 

 

For more information:

PJSC MegaFon  

 

Media:                      Tel: + 7 925 696 0507  pr@megafon.ru

Investors:     Tel: +7 495 926 2012  ir@megafon.ru

 

Notes to Editors

MegaFon PJSC is a pan-Russian operator of digital opportunities, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognised market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE Advanced (4G) data network. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru.

 

Cautionary Statement Regarding Forward Looking Statements

Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "forecast", "intend", "will", "could", "may", or "might" the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.