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General Shareholders Meeting

General Shareholders Meeting is the supreme governing body of OAO Severstal.

According to the applicable Russian law, the Annual General Shareholders Meeting is conducted once a year, no earlier than two months and no later than six months after the end of a fiscal year. The Annual Meeting is convened by the Company’s Board of directors.

Any other shareholders meeting, except for the annual one, is considered extraordinary. Extraordinary General Shareholders Meetings are conducted by a resolution of the company’s Board of directors at its own initiative, or a demand of the company’s Internal Audit Commission, the company’s auditor, or a demand of the shareholders (shareholder) that own no less than 10 per cent of the company’s voting shares as of the date of such a demand.

The competence of the General Shareholders Meeting includes:

  1. changes and addenda to the company’s Charter, or approval of a new Charter;
  2. reorganisation of the company;
  3. liquidation of the company, appointment of the liquidating commission and approval of intermediate and final liquidation balance sheets;
  4. the number of members of the company’s Board of directors, election of the Board members and early termination of their powers;
  5. the quantity, face value and category of declared shares and the rights given by these shares;
  6. increases in the share capital of the company by increasing the face value of shares or by placing additional shares;
  7. reduction of the company’s share capital by reducing the face value of shares or by acquiring a portion of shares with a view to reducing their total quantity, or through redemption of shares the company acquires or buys;
  8. formation of the executive body of the company and early termination of its powers;
  9. election of the company’s Internal Audit Commission’s members and early termination of its powers;
  10. approval of the company’s auditor;
  11. approval of annual reports, annual accounting statements, including the company’s profit and loss accounts; distribution of profit, including payment (announcement) of dividends, with the exception of profit distributed as dividends for the results of the first quarter, 6 and 9 months of the year, and distribution of the company’s loss at the end of the fiscal year;
  12. the procedure for a General Shareholders Meeting;
  13. split and consolidation of shares;
  14. adopting decisions on approval of transactions in the cases stipulated by the applicable law;
  15. adopting decisions on approval of major transactions in the cases stipulated by the applicable law;
  16. acquisition of placed shares;
  17. decision on participation in financial and industrial groups, associations and other commercial corporations;
  18. approval of internal documents regulating activities of the company’s bodies;
  19. other matters stipulated by the Federal law “On Joint Stock Companies” and the company’s Charter.

The matters referred to the competence of the General Shareholders Meeting cannot be transferred to the competence of the company’s executive body for decision-making.

The matters referred to the competence of the General Shareholders Meeting cannot be transferred to the competence of the company’s Board of directors for decision-making, except for the matters stipulated by the Federal law “On Joint Stock companies”.

The shareholders in a General Shareholders Meeting shall take decisions on all matters referred to the scope of its competence by a simple majority of votes of shareholders, unless the applicable law provides for a larger number of votes for taking certain decisions.

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Sales contacts

Severstal Resources

T: +7 (495) 981 0910

F: +7 (495) 981 0918

 

Severstal Russian Steel

T: +7 (8202) 53 0900

F: +7 (8202) 53 0915

 

Severstal International

IR contacts

Vladimir Zaluzhsky
Head of Investor Relations
Email: vladimir.zaluzhsky@severstal.com
T/f: +7 (495) 926 7766/67 ext.6375

PR contacts

Elena Kovaleva
Head of Communications
Email: ev.kovaleva@severstal.com
T/f: +7 (495) 926 7766/67 ext.6447

HR contacts

Natalia Bachinskaya
HR Department Manager
Email: natalia.bachinskaya@severstal.com
T: +7 (495) 926 7761

CSR contacts

Natalia Poppel
Head of Corporate Social Responsibility
Email: na.poppel@severstal.com
T/f: +7 (495) 926 7766 ext.6449

Corporate Secretary

Artem Bobulich
Corporate Secretary of OAO Severstal
Email: corporate_secretary@severstal.com
Phone: +7 (8202) 53 0900
Fax: +7 (8202) 53 2159