General Meeting of Shareholders

The General Meeting of Shareholders is a supreme management body of the Company. The General Meeting of Shareholders abides by the laws of the Russian Federation, the Articles of Association of the Company, and the Regulations on the General Meeting of Shareholders.

The competence of the General Meeting of Shareholders is determined by the Federal Law on Joint Stock Companies and the Articles of Associations of the Company.

Resolutions of the General Meeting of Shareholders of the Company are published on the corporate website in the About the Company / Management / General Meeting of Shareholders section.

The Company held one General Meeting of Shareholders in 2024.
Date of the General Meeting of Shareholders (closing date for receipt of completed voting ballots) 14.06.2024
Date and number of the Minutes of the General Meeting of Shareholders No. 51, 17.06.2024
Quorum of a General Meeting of Shareholders (% of total number of outstanding voting shares) 99.72% for all agenda items
Key resolutions made by the General Meeting of Shareholders
  • To approve the annual report and the annual accounts of the Company for 2023.
  • To approve the following distribution of the Company profit (loss) for 2023:
    • RUB 308,326 thousand — to the reserve fund
    • RUB 1,944,691 thousand — for dividend payments
    • RUB 3,913,503 thousand — for the development of the Company
    • RUB 0 thousand — to recover losses from previous years
  • To pay dividends on the Company’s ordinary shares for the year ended 2023 in the amount of RUB 4.874327 per ordinary share in monetary terms.
  • To elect members to the Company’s Board of Directors and the Auditing Commission.
  • To appoint an auditor.
  • To approve the Company’s Articles of Association in a new wording.
  • To apply to the Bank of Russia with a request to exempt Rosseti Kuban PJSC from the obligation to disclose information in accordance with Article 30 of Federal Law No. 39‑FZ dated 22 April 1996 ‘On the Securities Market’.
  • To apply to Moscow Exchange PJSC with a request to exclude all ordinary shares of Rosseti Kuban PJSC from the list of securities admitted to organised trading on Moscow Exchange PJSC.
  • To amend the Articles of Association of Rosseti Kuban PJSC to exclude the reference to the Company being a public company.

In the reporting year, in accordance with the laws of the Russian Federation and pursuant to the decision of the Board of Directors of Rosseti Kuban PJSC, the General Meeting of Shareholders was held in the form of absentee voting.

The resolutions of General Meeting of Shareholder to be enforced were accomplished.