Corporate governance report

Oleg Musinov Deputy General Director for Corporate Governance

It is safe to say that the Company’s efforts in the reporting year to improve corporate governance were successful:

The management bodies of the Company made all the decisions that were required and sufficient to guarantee the Company’s present and strategic operations in a timely and complete manner. The endeavour involved active participation from all members of the Company’s governing bodies.

The Company did not record any corporate conflicts.

The Bank of Russia, a mega‑regulator of the financial market, did not reveal any violations of the requirements pertaining to securities circulation and information disclosure by the Company.

In accordance with the decision of the General Meeting of Shareholders of the Company in 2024, trading of the Company’s shares on the stock exchange was halted with the view to change the organisational and legal status. All measures were carried out duly and in due time in accordance with applicable law, and the rights of shareholders were fully observed.

During the reporting year, the Company completed the placement of additional shares, receiving RUB 6.43 billion in investments.

In the reporting year, RUB 1.945 billion was allocated for the payment of dividends for 2023.