In connection with the threat of the spread of coronavirus infection (COVID-2019) and the entry into force of the new provisions of the legislation of the Russian Federation, providing possibility of the correspondence of the annual General meeting of shareholders in 2020, the Board of Directors decided to hold the Annual meeting of shareholders at the end of 2019.
April 24, 2020, in the form of absentee voting.
Also approved the following agenda of the upcoming annual General meeting of shareholders:
- approval of the annual report of JSC "NLMK" in 2019.
- approval of the annual accounting (financial) statements of OJSC "NLMK" for 2019.
- distribution Of profit (including payment (Declaration) of dividends) of JSC "NLMK" on the results of 2019.
- election of the members of the Board of Directors of JSC "NLMK".
- election of the President (Chairman of the management Board) of OJSC "NLMK".
- On payment of remuneration to the members of the Board of Directors of JSC "NLMK".
- approval of Auditor of OJSC "NLMK".
in addition, the Board of Directors has recognized the following independent candidates for election to the Board of Directors of JSC "NLMK":
- Thomas Veraszto,
- Kravchenko Sergey,
- Limburg Joachim,
- Oudeman Marjan
- Shekshnia Stanislav,
- Benedict Sciortino.
Benedict Sciortino was found to comply with the status of an independent Director in spite of the presence of a formal criterion of connectedness with Society. Information on the motivated decision of the Board of Directors in full published on the website of OJSC "NLMK" on the page: http://nlmk.com/ru/about/governance/board-of-directors/the-board-of-directors/.
Information about NLMK Group
NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.
NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.
the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.
NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for 2019 amounted to 10.6 billion dollars, EBITDA – $ 2.6 billion. The ratio of Net Debt/EBITDA amounted to 0.7 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and RAEX (Expert RA).
Ordinary shares of JSC "NLMK", free float which is 18.6%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.
read More of stockholders ' equity NLMK can be found at the link.
Download photos and corporate video NLMK Group in Mediobanca the link.