RAO Energy Systems of the East
Developing energy for development of Far East
Линия доверия RUEN
11

General Meeting of Shareholders

The Company's highest management body is the General Meeting of Shareholders. The Annual General Meeting of Shareholders shall be held annually not earlier than two months and not later than six months after the end of the financial year.

The date and procedures at the General Meeting of Shareholders and the list of materials (information) made available to the shareholders at the time of preparation for the General Meeting of Shareholdersshall be set by the Board of Directors of the Company in accordance with the Federal Law «On Joint-Stock Companies», other regulatory documents and the Articles of Association of the Company.

A decision at the General Meeting of Shareholders may be adopted without holding a meeting (joint presence of shareholders to discuss agenda items and adopt decisions on issues put to a vote) by absentee voting.

A decision at the General Meeting of Shareholders whose agenda includes such issues as the election of the Board of Directors, theInternal Audit Commission, the approval of the Company's Auditor, and the issues specified in par. 10.2.13 of the Articles of Associationmay not be adopted by absentee voting.

The following persons shall be entitled to vote on issues put to a vote at the General Meeting of Shareholders:

  • holders of ordinary shares of the Company;
  • holders of preference shares of the Company,when so isrequired by the Federal Law «On Joint-Stock Companies» and the Articles of Association.

Based on the vote results the Counting Commission shall make the summary report to be signed bymembers of the Counting Commission or a person functioning as such. The voting summary report shall be made within three business days after the adjournment ofthe General Meeting of Shareholders or the final date of receipt of ballots if the General Meeting of Shareholders is held by absentee voting.

The minutes of the General Meeting of Shareholders shall be made in two copies within three business days after the adjournment of the General Meeting of Shareholders. Both copiesshall be signed bythe person who presides at the General Meeting of Shareholders and the secretary of the General Meeting of Shareholders.


General Meeting of Shareholders 1 Board of Directors 2 Director General 3 Auditor 4 Internal Audit Commission 5