General Meeting of Shareholders

The Company's supreme managing body is its General Meeting of Shareholders.

The General Meeting of Shareholders shall be convened annually, on the date determined by the Board of Directors.

The General Meeting of Shareholders exercises its powers set out in the Charter, including the powers to:

  1. increase the Registered Capital by issuing new shares in the amount that the General Meeting of Shareholders deems appropriate; 
  2. consolidate the shares of the Registered Capital or any part thereof into shares of greater par value than that of the existing shares; 
  3. convert all the paid-up shares of the Company or any part thereof into consolidated stakes, or convert such consolidated stakes into paid-up shares of any par value; 
  4. split all and any of the Company's shares into shares of smaller par value than the par value specified in the Charter; 
  5. redeem the Company's shares in accordance with the applicable laws; 
  6. elect Directors and terminate their powers; 
  7. modify any rights attached to any of the Company's shares class; 
  8. appoint the Auditor/Auditors and terminate their powers; 
  9. vest Directors, members of the Management Board, and the Managing Director (as applicable) with any powers; 
  10. modify the Memorandum of Association to ensure compliance with the applicable laws; 
  11. amend the Company's Charter; 
  12. decrease the Company's Registered Capital; 
  13. change the Company's name; 
  14. approve corporate transformation plans; 
  15. decide on the Company's liquidation; 
  16. dispose of subsidiaries' shares or encumber them; 
  17. decide on any other matters within the competence of the General Meeting of Shareholders.

Версия для печати