Results of the CJSC SSMO LenSpetsSMU Annual General Shareholders Meeting and resolutions by its Board of Directors


The Annual General Shareholders Meeting (AGSM) of CJSC SSMO LenSpetsSMU (hereinafter, the “Company”) took place on 8 April 2013. The Company’s annual report and annual financial statements for 2012 were affirmed at the meeting. Company shareholders, supporting the recommendation by the Board of Directors, resolved to direct CJSC SSMO LenSpetsSMU’s net profit for 2012, amounting to RUB 4.56 bln, towards Company development (RUB 4.21 bln), charitable activities and other expenditures of social significance (RUB 0.25 bln), as well as towards its reserve fund (RUB 0.10 bln). No resolution was adopted with respect to the accrual or payment of dividends.

The AGSM also elected the Company’s Board of Directors and Internal Audit Commission, and approved the Company’s auditors for 2013.

On 8 April 2013, for the purposes of ensuring further improvement of the Company’s corporate governance, resolutions were adopted at the first meeting of the CJSC SSMO LenSpetsSMU Board of Directors to create an Audit Committee under the auspices of the Board of Directors and affirm the Regulation governing internal control of the economic-and-financial activity of CJSC SSMO LenSpetsSMU, the Regulation governing the Audit Committee at the Company’s Board of Directors, and the new version of the Regulation on Insiders at CJSC SSMO LenSpetsSMU.


Kseniya Savchuk

Acting head of Public Relations

+7 (812) 348-21-25

Yana Yashchenko

Deputy CFO

+7 (812) 348-09-95