In order to reduce the risk of the spread of coronavirus infection (COVID-19) and the entry into force of the provisions of the legislation of the Russian Federation providing for the possibility of absentee holding the annual general meeting of shareholders in 2021, NLMK's Board of Directors decided to hold the Annual Meeting of Shareholders at the end of 2020 on April 29 2021 in the form of absentee voting. The list of persons entitled to participate in the Annual General Meeting of Shareholders will be compiled on the basis of the register data as of April 5, 2021.
The following agenda for the upcoming Annual General Meeting of Shareholders was also approved:
1.On approval of NLMK's annual report for 2020.
2.On approval of NLMK's annual accounting (financial) statements for 2020.
3. On the distribution of profits (including the payment (declaration) of dividends) of NLMK based on the results of 2020.
4. On the election of members of the Board of Directors of NLMK.
5. On the election of the President (Chairman of the Management Board) of NLMK.
6.On the payment of remuneration to members of the Board of Directors of NLMK.
7.On approval of the Auditor of NLMK.
The Board of Directors recommended setting the date for determining the persons entitled to receive dividends based on the results of 2020 on ordinary shares of NLMK - May 11, 2021.
In addition, the Board directors prize The following candidates for the Board of Directors of NLMK were paid as independent candidates:
· Verasto Thomas,
· Zavalishina Evgenia Nikolaevna,
· Kravchenko Sergey Vladimirovich,
· Limberg Joachim,
· Oudeman Marjan,
· Shekshnia Stanislav Vladimirovich,
· Shortino Benedict.
Shortino Benedict was recognized as complying with the status of an independent director, despite the fact that he had a formal criterion of being connected with the Company. Information on the reasoned decision of the Board of Directors is published in full on NLMK's website at: http://nlmk.com/ru/about/governance/board-of-directors/the-board-of-directors/.
Information about NLMK Group
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most efficient steel producers in the world.
NLMK Group's metal products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 18 million tonnes per year.
NLMK's common shares, which have a free-float of 20.7%, are traded on the Moscow Stock Exchange (ticker “NLMK”), global depository shares - on the London Stock Exchange (ticker "NLMK: LI"). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble.For more information on NLMK's share capital, please follow the link.