PJSC 'Novorossiysk Commercial Sea Port': Results of Extraordinary General Meeting

Results of Extraordinary General Meeting

31 May 2017

NCSP Group (LSE: NSCP; MICEX: NMTP) hereby reports the results of the Extraordinary general meeting of PJSC NCSP shareholders dated 26 May 2017.

1. Quorum of the meeting

1.1. Total number of shares in PJSC NCSP share capital: 19 259 815 400.

1.2. Total number of shares eligible to vote at the meeting: 18 996 903 089 (100%).

1.3. Total number of shares belonging to shareholders registered by the tabulation commission at the commencement of the meeting: 16 037 695 942 (84.4226%).

1.4. The quorum is present, the meeting is qualified to vote on the agenda.

2. Agenda of the meeting

2.1. Early termination of powers of PJSC NCSP Board of Directors.

2.2. Election of PJSC NCSP Board of Directors.

3. Resolutions of the meeting

3.1. No resolutions were passes by the meeting with 72.8571% of the votes cast «against» on the first item of the agenda.

About NCSP Group

NCSP Group is the largest port operator in Russia and the third largest in Europe by cargo turnover in 2016. NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2016 totaled 147 million tons. Consolidated revenue to IFRS in 2016 totaled $865.5 million and EBITDA $675.5 million. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.

Contacts

Kristina Senko, Public Relations: KSenko@ncsp.com

Mikhail Shchur, Investor Relations: MShchur@ncsp.com