Annual meeting of RRDB shareholders was held

06/26/2019

The annual general meeting of shareholders of the Russian Regional Development Bank was held on 25 June 2019. The meeting approved the annual report and annual financial statements for 2018. Shareholders decided to send part of the net profit generated in 2018 in the amount of 2,007,185,225.85 rubles to pay dividends on shares (1,850.87 rubles per ordinary share) and part of the net profit in the amount of 8,028 753,729.42 rubles to leave unallocated.

The annual general meeting of shareholders elected the Audit Commission and the current composition of the Supervisory Board of RRDB (JSC) Bank for a new term. In the composition of Supervisory Board re-entered Chairman of the Board of Inter RAO PJSC B.Yu. Kovalchuk, Vice President for Development of Retail Business and Domestic Market of Rosneft PJSC A. Conroy, Vice-President - Head of the Administration of OC Rosneft PJSC Y.I. Kurilin, Director of the Consolidated Planning and Reporting Department of OC Rosneft PJSC R.R. Latysh, Chairman of the Board of Directors of JSB RUSSIA JSC D.A. Lebedev, President of RRDB (JSC) Bank D.R. Malikova, Director of the Property Department of OC Rosneft PJSC L.N. Prokudin, General Director of RusChemAliance LLC K.G. Seleznev, Director of Financial Department of OC Rosneft PJSC A.A. Sokolov, Chief Accountant of OC Rosneft PJSC D.B. Torba, First Vice-President of OC Rosneft PJSC P.S. Fedorov.

As an auditor for 2019, the Annual General Meeting approved Ernst & Young LLC.