General Shareholders Meeting

In compliance with the Federal Law on Joint Stock Companies No. 208-FZ and Clause 14.1, Article 14 of Gazprom’s Articles of Association, the General Shareholders Meeting is the supreme governing body of the Company.

Clause 15.1, Article 15 of Gazprom’s Articles of Association determines the issues falling within the competence of the General Shareholders Meeting.

In compliance with the Federal Law on Joint Stock Companies and Gazprom’s Articles of Association, the shareholders may participate in the General Shareholders Meeting entitled to vote on all issues falling within its competence.

Right to participate in General Shareholders Meeting

The shareholders included into the list of persons entitled to participate in the General Shareholders Meeting of Gazprom, compiled on the basis of Gazprom’s Register of Shareholders, are entitled to participate in the General Shareholders Meeting.

The date of compiling the list of persons entitled to participate in the General Shareholders Meeting is set by Gazprom’s Board of Directors during the preparations for the General Shareholders Meeting.

The date of compiling the list of persons entitled to participate in the General Shareholders Meeting may not be set as coming earlier than 10 days after the date of making the decision on holding the General Shareholders Meeting or be more than 50 days prior to the date of the General Shareholders Meeting, and in cases provided for by Clause 2, Article 53 (PDF, 26.4 KB) of the Federal Law on Joint Stock Companies – more than 80 days prior to the date of holding the General Shareholders Meeting.

Information about holding General Shareholders Meeting

In compliance with Clause 21.1, Article 21 of Gazprom’s Articles of Association, the notice of holding the General Shareholders Meeting shall be given not later than 30 days prior to the date of the Meeting.

In cases provided for by Clauses 2 and 8, Article 53 (PDF, 32.2 KB) of the Federal Law on Joint Stock Companies, the notice of holding the extraordinary General Shareholders Meeting shall be given not later than 70 days prior to the date of holding the Meeting.

Proposals on agenda of General Shareholders Meeting

Shareholders (shareholder) holding in the aggregate no less than 2 per cent of Gazprom’s voting shares are entitled to put items on the agenda of the annual General Shareholders Meeting and nominate candidates to the Board of Directors and the Audit Commission in the quantity not exceeding the number of members of the relevant body.

Such proposals shall be submitted to Gazprom within 30 days after the end of the fiscal year.

If the proposed agenda of the extraordinary General Shareholders Meeting contains the issue of electing the Members of the Board of Directors, Gazprom’s shareholders or shareholder holding in the aggregate no less than 2 per cent of voting shares are entitled to nominate candidates to the Board of Directors in the quantity not exceeding the number of members of this governing body.

Such proposals shall be submitted to Gazprom not later than 30 days prior to the date of holding the extraordinary General Shareholders Meeting.

The procedure of documenting the proposals for the agenda of the General Shareholders Meeting is determined by the Federal Law on Joint Stock Companies, Gazprom’s Articles of Association, the Gazprom Board of Directors’ Decision on Procedures for Documenting of Proposals and Requests of Shareholders Related to the Convocation of the General Shareholders Meeting of Gazprom No. 1037 dated July 11, 2007.

On forms of holding General Shareholders Meeting

The Federal Law on Joint Stock Companies provides for two forms of holding General Shareholders Meeting:

  • meeting (joint attendance of shareholders for discussing agenda items and making decisions on items put on vote);
  • absentee voting (without holding a meeting).

General Shareholders Meeting can’t be held in the form of absentee voting if its agenda includes the following items:

  • on electing the Company’s Board of Directors (Supervisory Board) Members;
  • on electing the Company’s Audit Commission (Inspector) Members;
  • on approving the Company’s Auditor;
  • on approving the Company’s Annual Report and annual Accounting (Financial) Statements.