TCS.L Regulatory News (TCS)

TCS Group Holding PLC Announces Results of 2022 AGM

Limassol, Cyprus – 22 November 2022. TCS Group Holding PLC (Company), Russia's leading provider of online retail financial and lifestyle services via its Tinkoff.ru financial ecosystem, announces the results of its Annual General Meeting of shareholders (AGM) held in Limassol earlier today.

The AGM was held at the registered office of the Company in Limassol, Cyprus and had a quorum of 117,532,214 votes present, corresponding to 58.9709%in number of the votes carried or conferred by the shares giving a right to be present and vote at the meeting. The AGM was chaired by Mr. Constantinos Economides, Chairman of the Board of Directors.

The AGM duly passed all resolutions, in particular:

1. The appointment of Kiteserve Limited as auditor of the Company at a remuneration to be determined by the Board of Directors.
2. Re-elections of each of Mr. Daniel Wolfe, Mr Sergey Arseniev and Ms. Margarita Hadjitofi, to the Board of Directors.
3. The remuneration of the members of the Board of Directors for the year 2022 is capped at US$1.3m.
4. The Board of Directors was granted authority to buy back class A shares or interests in class A shares including global depositary receipts, up to the maximum (10% of subscribed capital) permitted by Cyprus law.

The Meeting also received and accepted the Company's Annual Report for 2021.

The Chairpersons of the Remuneration, Risk and Emerging Risk (Sustainability) and Strategy Committees of the Board of Directors remain respectively Mr. Daniel Wolfe, Ms Margarita Hadjitofi and Mr Sergey Arseniev.  There is currently no Chairperson of the Audit Committee. All Committees have been reconstituted as before.

Copies of the resolutions passed at the AGM (other than resolutions concerning ordinary business) have been submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority’s National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For enquiries:

IR Department

ir@tinkoff-group.com

About TCS Group

TCS Group is an innovative provider of digital financial and lifestyle services. Branchless since its inception in 2006, TCS developed a full range of in-house proprietary technology solutions and services, including digital banking, brokerage, acquiring and other merchant solutions, insurance, SME banking and much more.