The Annual General Meeting of Shareholders of JSOC Bashneft convened today in Ufa approved the annual report and the annual financial statements, including the Company’s profit and loss statement for 2012.
The Annual General Meeting of Shareholders decided to pay dividends for 2012 amounting to 24 roubles per ordinary registered share and per preferred registered share of JSOC Bashneft. Dividends are to be paid no later than August 26, 2013. As has been reported earlier, in October 2013, the Board of Directors will consider paying interim dividends for the nine months of 2013 based on Bashneft’s performance.
The Meeting elected a new membership of the Board of Directors of JSOC Bashneft. It includes:
Vitaliy Artyukhov
Alexey Buyanov
Charles Watson
Randall Gossen
Alexander Goncharuk
Sergey Drozdov
Felix Evtushenkov
Alexander Korsik
Yury Pustovgarov
Vsevolod Rozanov
Mikhail Cherniy
The Meeting elected a new membership of the Audit Commission; it also approved ZAO BDO as the auditor of JSOC Bashneft for conducting the audit for 2013 in accordance with Russian Accounting Standards and ZAO Deloitte & Touche CIS as the auditor of JSOC Bashneft for conducting the audit for 2013 in accordance with International Financial Reporting Standards.
As the legislation has been amended and the FSFR’s Regulations on Additional Requirements for the Procedure for Preparing, Convening and Holding the General Meeting of Shareholders have come into force, the Meeting approved new versions of the Charter of JSOC Bashneft, the Regulations on the General Meeting of Shareholders of JSOC Bashneft and the Regulations on the Board of Directors of JSOC Bashneft.
The Meeting also approved a new version of the Regulations on Rewards and Compensation to the Members of the Board of Directors of JSOC Bashneft, in accordance with which the remuneration of independent directors will depend more on their involvement in the work of the Board and its Committees.
The Meeting of the Board of Directors held after the GMS re-elected Felix Evtushenkov Chairman of the Board.
INFORMATION ON THE NEW MEMBER OF JSOC BASHNEFT’S BOARD OF DIRECTORS
Vsevolod Rozanov was born in 1971. He graduated from Lomonosov Moscow State University in 1994. In 2006 — 2008 he held the position of Vice President and Chief Financial Officer of OJSC MTS. In 2008 — 2013 Mr. Rozanov was the President and General Director of Sistema Shyam TeleServices Limited. Since June 2013, he has been the Senior Vice President and Chief Financial Officer of OJSC JSFC Sistema. Mr. Rozanov is a member of the Boards of Directors of Sistema Shyam TeleServices Limited and OJSC MTS.
