General Meeting of Shareholders

The General Meeting of Shareholders is the supreme governing body of PJSC Inter RAO. The purview, timeframe, and procedure for preparing for and holding the General Shareholders Meeting are defined in the Company’s Charter and the Regulation on the General Meeting of Shareholders of PJSC Inter RAO.

The Annual General Meeting of Shareholders of PJSC Inter RAO was held in the form of a meeting (joint attendance) on May 20, 2019Minutes No.19 dated May 20, 2019..

The following items were considered at the annual General Meeting of Shareholders in 2019All materials of the General Meeting of Shareholders, including resolutions, minutes, and voting reports, are posted on the Company’s website.

  • Approval of the Annual Report
  • Approval of the Company’s annual accounting (financial) statements
  • Distribution of the Company’s profits (including the payment (declaration) of dividends) and losses based on the results of 2018
  • Approval of the new version of the Charter
  • Approval of the new version of the Regulation on the General Meeting of Shareholders
  • Approval of the new version of the Regulation on the Board of Directors
  • Approval of the new version of the Regulation on the Payment of Remuneration and Compensation to Members of the Board of Directors
  • Approval of the new version of the Regulation on the Management Board
  • Payment of remuneration to members of the Board of Directors
  • Payment of remuneration to members of the Revision Commission
  • Election of members of the Board of Directors
  • Election of members of the Revision Commission
  • Approval of the auditor
  • Participation in financial and industrial groups, associations, and other unions of commercial organizations.
70% of the 2019 AGM participants used the remote voting option
70% of the 2019 AGM participants used the remote voting option
Participation of shareholder in Annual General Meetings
Participation of shareholder in Annual General Meetings
Information about the Annual General Meeting of Shareholders in 2020
  • Date of the PJSC Inter RAO General Meeting of Shareholders: May 19, 2020
  • The meeting will be held in the form of absentee voting
  • Deadline for accepting voting ballots: May 19, 2020
Link to materials for the meeting

Total number of persons who participated in the General Meeting of Shareholders (as of April 26, 2019): 1,429, including 159 legal entities and 1,270 individuals and general accounts.

The Company’s General Meeting of Shareholders in 2019 was held using electronic voting technology. This opportunity was available to shareholders from the time the notice of the meeting was sent out until the end of the discussion on the agenda at the meeting. In 2019, 990 shareholders took advantage of this opportunity compared with 428 shareholders a year earlier.

The Company is analyzing new opportunities for engagement with shareholders in order to increase their involvement in the Company’s activities within the framework of their rights. The further introduction of remote technologies and greater financial and computer literacy of citizens will contribute to an increase in the number of people participating in the meeting. In 2019, the number of votes among shareholders participating in the meeting decreased due to the abstention at the meeting of JSC Inter RAO Capital with its quasi-treasury shares.

The Company did not hold any extraordinary General Meetings of Shareholders in 2019.

Quorum of annual general meetings of shareholders, %
Participation of shareholder in Annual General Meetings