General Meeting of Shareholders

The general shareholders' meeting is the supreme management body of the Company.

In accordance with Issuer’s Сharter, the matters reserved for the general shareholders' meeting include:

1) making changes and supplements to the Charter of the Company or approval of a new version of the Charter;

2) reorganization of the Company;

3) liquidation of the Company, appointment of the liquidation commission and approval of the intermediate and final liquidation balance sheets;

4) determination of the number of directors in the Board of Directors of the Company, elections of members thereof, and early termination of their powers;

5) determination of the number, par value, category (type) of authorized shares and the rights attached thereto;

6) increase of the equity capital of the Company by raising the par value of the shares of the Company and by placing additional shares;

7) reduction of the equity capital of the Company by decreasing the par value of the shares, by acquisition of some shares by the Company to reduce the total number thereof, or by way of paying off the shares acquired or bought out by the Company. Any acquisition of the placed shares of the Company made in accordance with the decision of the general shareholders meeting shall be approved pursuant to subclause 16 clause 1 art. 19 hereof;

8) elections of members of the Audit Committee of the Company, and early termination of their powers;

9) approval of the auditor of the Company;

10) payment (announcement) of dividends on the basis of the results of the first quarter, six months, nine months of the financial year;

11) approval of annual reports, annual financial statements, including profit and loss reports (profit and loss accounts) of the Company (the annual report and the annual financial statements are subject to prior approval by the Board of Directors of the Company), distribution of profits (including payment (announcement) of dividends, excluding any profits distributed as dividends on the basis of the results of the first quarter, six months, nine months of the financial year) and losses of the Company on the basis of the financial year results;

12) determination of the procedures for the general shareholders' meeting;

13) share splits and consolidation;

14) approval of deals in cases envisaged by Article 83 of the Federal Law "On Joint-Stock Companies";

15) approval of major deals envisaged by Article 79 of the Federal Law "On Joint-Stock Companies";

16) acquisition of placed shares by the Company in cases envisaged by the Federal Law "On Joint-Stock Companies" and this Charter;

17) adopting resolutions as to participation in holding companies, financial-industrial groups, associations, and other commercial unions;

18) approval of internal documents regulating the activities of the Company's bodies;

19) resolving of other matters as mandatorily required by the Federal Law "On Joint-Stock Companies".