General Meeting of Shareholders

All resolutions on the issues within the competence of the General Meeting of Shareholders are formalised by orders of the Federal Agency for State Property Management (Rosimushchestvo), since the Russian Federation holds 100% of the voting shares of the Company.

In 2020, 3 General Meetings of Shareholders were held.

Extraordinary General Meeting of Shareholders of Transneft 17 April 2020
Order of the Federal Agency for State Property Management No. 146-r dated 17 April 2020

By the decision of the General Meeting of Shareholders, the powers of the President of Transneft Nikolay Tokarev were extended for 5 years.

Annual General Meeting of Shareholders of Transneft 30 September 2020
Order of the Federal Agency for State Property Management No. 413-r dated 30 September 2020

The Annual General Meeting of Shareholders approved:

  • The Annual Report and the annual accounting (financial) statements for 2019,
  • distribution of profits for 2019,
  • the auditor for 2020.

Resolutions were also passed to elect members of the Board of Directors and the Revision Commission, to pay dividends on shares based on the results of 2019, to pay remuneration to members of the Board of Directors.

Extraordinary General Meeting of Shareholders of Transneft 26 October 2020
Order of the Federal Agency for State Property Management No. 479-r dated 26 October 2020

By the decision of the General Meeting of Shareholders, an amendment was made to the Regulation on the Revision Commission of Transneft in terms of the number of members of the Revision Commission: at least three persons.

Transneft