16 May 2022 15:00
THE BOARD OF DIRECTORS OF PJSC "LUKOIL" APPROVES AGENDA OF
THE ANNUAL GENERAL SHAREHOLDERS MEETING
A meeting of the Board of Directors of PJSC "LUKOIL" was held in Moscow on 16 May 2022 and made resolutions related to recommendations on calling the Annual General Shareholders Meeting of PJSC "LUKOIL" (hereinafter, the AGM). The AGM will be held on 21 June 2022 in the form of absentee voting.
The Board of Directors also resolved that the repeat Annual General Shareholders Meeting (hereinafter, the repeat AGM) would be held with the same agenda on 23 June 2022 in the form of an absentee voting if the AGM is not held due to the absence of quorum.
It was established that the date of determining (formalizing) the persons entitled to take part in the AGM and the repeat AGM shall be 27 May 2022.
The deadline for the receipt of ballots shall be 21 June 2022 for the AGM and 23 June 2022 for the repeat AGM.
The postal address to which completed ballots must be sent: OOO «Registrator «Garant», 8, Krasnopresnenskaya Embankment, floor 2, office 228, Presnensky Municipal District, Moscow 123100, Russia.
The Board of Directors approved the following agenda for the AGM.
1. Approval of the 2021 Annual Report of PJSC "LUKOIL", the annual accounting (financial) statements, distribution of profits and taking a decision on payment (declaration) of dividends based on the 2021 annual results.
2. Election of the members of the Board of Directors of PJSC "LUKOIL".
3. On the remuneration and reimbursement of expenses to members of the Board of Directors of PJSC "LUKOIL".
4. Approval of the Auditor of PJSC "LUKOIL".
5. Approval of Amendments to the Charter of Public Joint Stock Company "Oil company "LUKOIL".
6. Determination of the number of members of the Board of Directors of PJSC "LUKOIL".
The full text of the position and the recommendations of the Board of Directors of PJSC "LUKOIL" on the AGM agenda will be included in the set of documents provided to persons entitled to participate in the AGM and the repeat AGM. These documents will be available on the Company's websites at www.lukoil.ru (in Russian) and at www.lukoil.com (in English) no later than on 31 May 2022.
The URL of the website where persons entitled to participate in the AGM and the repeat AGM may complete their voting ballot electronically: https://evoting.reggarant.ru/Voting/Lk.
Taking into account the unstable business environment and limitations in clearing and banking systems, the Board of Directors decided to postpone the payment of the final dividends for 2021 calculated in accordance with the Regulations on the Dividend Policy of the Company. Therefore, the Board of Directors recommended the AGM to retain profit for 2021 (excluding the profit used to pay interim dividends). Before the end of 2022, the Board of Directors will consider the matter on recommendations on payment of the final dividends from the retained profit for 2021.