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MIL OSI Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

On March 5, 2024, the Supervisory Board of the Moscow Exchange recommended that the Annual General Meeting of Shareholders (AGM) approve the payment of dividends for 2023 in the amount of 17.35 rubles per share.

It is recommended to allocate 39.5 billion rubles to pay dividends, which is 65% of the Moscow Exchange’s net profit under IFRS for 2023. According to the updated dividend policy adopted in the fall of 2023, the minimum level of dividend payments for the year is 50% of the Group’s net profit under IFRS.

The AGM will take place on April 25, 2024 in the form of absentee voting. The date for compiling the list of persons eligible to participate in the AGM is April 2, 2024.

At the annual meeting, the annual report will be approved, a decision will be made on the distribution of profits based on the results of 2023, including the payment of dividends, a new composition of the Supervisory Board will be elected, and other issues will be considered.

The Supervisory Board also included candidates on the voting list at the annual meeting to elect a new composition of the Supervisory Board.

Shareholders of the Moscow Exchange (individuals and legal entities) will be able to take part in the annual meeting by filling out an electronic form of voting ballots using the E-voting platform, the registrar service “STATUS online. Shareholder’s office” or sending a ballot in paper form by mail.

To participate in the AGM, an individual shareholder only needs to have a confirmed account on the Unified Public Services Portal or obtain a one-time login and password from the registrar – STATUS JSC.

The shareholders of the Moscow Exchange are about 500 thousand individuals and about two thousand legal entities. The share of shares in free float is 64%.

The agenda and materials of the meeting will be available on the Moscow Exchange website no later than 30 days before the meeting.

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Note; This information is raw content directly from the source of the information. This is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

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