General Meeting of Shareholders

The General Meeting of shareholders is the highest governing body of the Company. In its activities, the General Meeting of Shareholders is guided by the laws of the Russian Federation, the Charter of the Company and the Regulation of the General Meeting of Shareholders. The Charter of the Company determines the competence of the General Meeting of Shareholders.

The decisions of the General Meeting of Shareholders of Kubanenergo PJSC are published on the website — section "About Us/ Management bodies/ General Meeting of Shareholders."

In 2018, there was held the one Annual General Meeting of Shareholders of the Company:
Date of the General Shareholders Meeting Date and number of minutes of the General Meeting of Shareholders The quorum of the General Meeting of Shareholders Major decisions, taken by the General Meeting of Shareholders
25.05.2018 From 28.05.2018, No.40 99.64% of the total number of outstanding voting shares

To approve the Company’s Annual Report for 2017.

To approve the Annual Financial Statements of the Company for 2017.

To approve the following distribution of profits (losses) of the Company for the 2017 reporting year:

  • 26,264 thousand rubles — to increase the emergency reserve fund,
  • 177,442 thousand rubles — for the development of the Company,
  • 321,570 thousand rubles — for the payment of the dividends.

To pay dividends on ordinary shares of the Company following the results of 2017 in the amount of 1.0585165 rubles per share in cash.

Elect members of the Board of Directors and the Auditing Commission of the Company.

Approve Ernst & Young LLC as the Company’s Auditor.

Approve the Company’s Charter in a new edition.

Approve in a new edition the following Regulations of the Company, concerning the:

  • Board of Directors,
  • Management Board,
  • payment of remuneration and compensation to members of the Company’s Auditing Commission.

Approve the participation of Kubanenergo PJSC in the Association "Nonprofit Enterprise Market Council"