Shareholders meetings
The General Meeting of Shareholders is the Company’s supreme governing body.
Sovcomflot secures the right of its shareholders to participate in management of the Company affairs. Shareholders have the right to participate in management of the Company affairs, taking decisions in the key areas of Company business at the meetings of shareholders. The Company has adopted a number of internal documents, providing for the shareholders’ legitimate right to request convening of a general meeting of shareholders and to propose any business to be included on the agenda, to duly prepare for participation in the meeting and to exercise a voting right.
In accordance with clause 11.2 of the Company’s Charter, the General Shareholders Meeting (in the form of joint presence of shareholders) shall be conducted in the following cities: Moscow; St. Petersburg; Novorossiysk; Vladivostok, and Yuzhno-Sakhalinsk.
The procedure for the call of an Extraordinary General Meeting of Shareholders is stipulated by clause 11.20 of the Sovcomflot Charter and by the Regulation onthe General Meeting of Shareholders.
The Annual General Shareholders Meeting of PAO Sovcomflot, 15 June 2021
Subject to Articles 2 and 3 of Federal Law No. 17-FZ dated 24 February 2021, on 11 May 2021 the Board of Directors of PAO Sovcomflot passed a resolution to convene the Company's Annual General Shareholders Meeting based on the 2020 results. The Meeting was held by absentee voting (ballots shall be used to vote on the agenda items) on 15 June 2021.
The information (materials) provided to shareholders:
- Information message regarding the annual (for 2020) General Meeting of Shareholders of the Company;
- Annual Report for 2020 (to the first agenda issue);
- Report on the interested-party transactions concluded by the Company in 2020 (to the first agenda issue);
- Annual accounting (financial) statements of the Company for 2020 (to the second agenda issue). The accounting statements are prepared in accordance with the Russian Accounting Standards and are available in Russian.
- Report of the Company's auditor (to the second agenda issue);
- Report of the Company's Auditing Commission following the audit of the financial and economic activity of the Company for 2020 and regarding accuracy of information contained in the Company's annual report and annual accounting statements as of 31 December 2020 and the report on the interested-party transactions concluded by the Company in 2020 (to the first and second agenda issues);
- Recommendations of the Company's Board of Directors regarding the distribution of profit of PAO Sovcomflot for 2020, as well as undistributed profit of previous years, including on the amount of dividends on the shares of the Company for 2020 and the procedure for their payment (extract from the minutes of the Company's Board of Directors on the specified issues, to the third, forth and fifth agenda issues);
- Daft restated Regulations on Remuneration and Reimbursement of Expenses to Members of the Board of Directors of the Company (to the sixth agenda issue);
- Recommendations of the Company's Board of Directors regarding the approval of new version of the Regulations on Remuneration and Reimbursement of Expenses to Members of the Board of Directors of the Company (extract from the minutes of the Company's Board of Directors on the specified issue, to the sixth agenda issue);
- Recommendations of the Company's Board of Directors regarding the amount of remunerations and reimbursements paid to members of the Company's Board of Directors and Audit Commission (extract from the minutes of the Company's Board of Directors on the specified issue, to the seventh and eighth agenda issues);
- Information on candidates to the Company's Board of Directors and Audit Commission, including their written consent to be elected (to the ninth and tenth agenda issues);
- Information on the Company's auditor (to the eleventh agenda issue);
- Recommendations of the Company's Board of Directors regarding the approval of the Company's audit (extract from the minutes of the Company's Board of Directors on the specified issue, to the eleventh agenda issue);
- Draft restated Charter of the Company (to the twelfth agenda issue);
- Recommendations of the Company's Board of Directors regarding the approval of the Company's restated Charter (extract from the minutes of the Company's Board of Directors on the specified issue, to the twelfth agenda issue);
- Draft restated Regulations on the General Meeting of Shareholders of the Company (to the thirteenth agenda issue);
- Recommendations of the Company's Board of Directors regarding the approval of the restated Regulations on the General Meeting of Shareholders of the Company (extract from the minutes of the Company's Board of Directors on the specified issue, to the thirteenth agenda issue);
- Draft resolutions of the Company's annual General meeting of shareholders.