It is not empty talk?
This is our common cause, like a family.
In order to shine our windows,
and fill our hearts with confidence.
Utilities always care for
light, coziness and warm.
Natalia Kharkova,
1st grade specialist at financial section of finance and economics directorate of Troiskaya GRES
5.3
General Meeting of Shareholders
General Meeting of Shareholders is the supreme governance body of the Company. It provides shareholders with the opportunity to receive information about the Company’s operations, its achievements and plans, to exercise their right to participate in the management of the Company. The General Meeting of Shareholders makes decisions on the most important issues of the Company’s operations within its competence. The Board of Directors and the chief executive officer of the Company are accountable to the General Meeting of Shareholders.
Rights and Obligations of the Shareholders Owning Shares
Shareholders, owners of the Company’s ordinary shares may:
- participate in person or through a representative in the Company’s General Meeting of Shareholders with the right to vote on all issues within its competence;
- make suggestions to the agenda of the General Meeting in compliance with the applicable Russian law and this Charter;
- receive information about the Company’s operations and become acquainted with the Company’s documents subject to Article 91 of Federal Act “About Joint Stock Companies”, other regulatory legal acts and this Charter;
- receive dividends declared by the Company;
- have the preemptive right to acquire publicly placed additional shares and equity securities convertible into shares in the amount pro rata the number of ordinary shares they own, in the cases provided by the Russian law;
- in case of the Company’s liquidation, receive some part of its property;
- exercise other rights provided for by the applicable Russian law and this Charter.
Shareholders (shareholder) owning together ten or more percent of the Company’s authorized capital shall be entitled to demand performing separate audits of the Company’s operations by the Company’s auditor.
The Company’s Shareholders shall:
- pay for the equity securities placed by the Company, acquired by it, subject to the procedure, in the amount, form and within the terms fixed herein and the resolution made on such securities placement;
- not disclose any confidential information on the Company’s operations;
- fulfill other obligations stipulated by the Russian law, herein, the Company’s internal documents, as well as the resolutions of the General Meeting of Shareholders made subject to its competence.
Minutes Number and Date | Agenda Items |
Minutes No. 14 dated June 29, 2020 | 1) On approval of the Company’s Annual Report the annual accounting (financial) statements of the Company for 2019. 2) On distribution of the profit (including payment (declaration) of dividends) and losses of the Company based on the results of 2019. 3) On the members election to the Board of Directors of the Company. 4) On approval of the Company’s Charter as amended. 5) On approval of the internal documents as amended governing the operations of the Company’s bodies. 6) On the members election to the Audit Commission of the Company. 7) On the cancellation of internal documents, including those regulating the operations of the Company’s bodies. 8) On approval of the Company’s auditor. 9) On payment of remuneration and compensation to the members of the Board of Directors of the Company. 10) On the authorization of interested party transactions. |
Total number of persons who participated in the General Meeting of Shareholders (as of June 24, 2020): 434.
In 2020, the General Meeting of Shareholders of the Company was held with the use of electronic voting technology. This opportunity was available to the shareholders from the time the newsletter on convening the meeting was sent until the discussion of the agenda items concluded at the meeting itself. In 2020, the number of shareholders, who took advantage of this opportunity, increased by 73% as compared to 2019. No Extraordinary General Meetings of Shareholders of the Company were held in 2020.
No Extraordinary General Meetings of Shareholders of the Company were held in 2020.