Gazprom’s annual General Shareholders Meeting decides on agenda items


The annual General Shareholders Meeting of Gazprom made decisions on the following agenda items.

The Meeting approved the Company's Annual Report and Accounting Statements for 2014. The decision was made on distribution of the Company's profit, annual dividends inclusive, on the basis of the fiscal year results.

According to the Company's 2014 operating results, the Shareholders Meeting approved the dividend amount – RUB 7.20 per share (same as in last year), which corresponds to the level of leading energy companies. The dividends make up 90.2 per cent of Gazprom's (parent company) net profit generated in 2014 under RAS. Therefore, Gazprom retained the leadership position among Russian oil & gas companies in terms of the total dividend amount and dividend payments into the Russian budget.

The date of listing the persons entitled to receive dividends – July 16, 2015. The deadline to receive dividends for nominee shareholders and trustees, stock professionals listed in the Register of Shareholders – July 30, 2015; for the rest of registered shareholders – August 20, 2015. These decisions fully comply with the Board of Directors' recommendations.

The Meeting approved FBK as Gazprom's Auditor for 2015. The company had been recognized as the winner of the open tender held by Gazprom.

The Shareholders Meeting decided on the remuneration for the Gazprom Board of Directors and Audit Commission Members, who are neither holding public office in the Russian Federation, nor doing state civil service, in the amount recommended by the Board of Directors.

The Shareholders Meeting approved the new version of the Gazprom Articles of Association. In particular, it reflects the change of Gazprom's legal status from Open Joint Stock Company (OJSC) to Public Joint Stock Company (PJSC). The document was prepared mainly due to changes in the Civil Code of the Russian Federation as well as updates in the Federal Law on Joint Stock Companies.

The Shareholders Meeting ratified several transactions of corporate interest, which may potentially be executed by Gazprom while carrying on its usual business.

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