PAO Severstal: Results of the Annual General Meeting

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PAO Severstal (SVST) 
PAO Severstal: Results of the Annual General Meeting 
 
26-Apr-2019 / 19:05 MSK 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's leading 
vertically integrated steel and steel-related mining companies, announces 
that the following resolutions were all passed at the Company's Annual 
General Meeting ("AGM") held on 26 April 2019 in Cherepovets, Russia: 
 
1) To re-elect the Board of Directors of PAO Severstal in the following 
body: Alexey Alexandrovich Mordashov, Alexander Anatolievich Shevelev, 
Alexey Gennadievich Kulichenko, Andrey Alexeevich Mityukov, Agnes Anna 
Ritter, Philip John Dayer, David Alun Bowen, Veikko Sakari Tamminen, 
Vladimir Alexandrovich Mau, Alexander Alexandrovich Auzan. 
 
2) To distribute profits for the 2018 year via paying a dividend of 32.08 
rubles per share. The record date for the dividend payment is 7 May 2019; 
Not to distribute the remainder of the profits for the 2018 year. 
 
3) To approve JSC KPMG (INN: 7702019950. The Principal Registration Number 
of the Entry in the Register of Auditors and Audit Organizations: 
11603053203) as the Auditor of PAO Severstal. 
 
4) To amend the resolution on approval of the amount of remunerations and 
compensations payable to members of the Board of Directors of PAO 
Severstal passed by the Annual General Meeting of Shareholders of PAO 
Severstal on 25 May 2015: 
 
    a) Starting from 1 May 2019 the following remunerations shall be paid to 
                                members of the Company's Board of Directors: 
 
- to an Independent Director approved by the Board resolution as Chairman of 
any of the Board Committees: 11 700 Euro (or an equivalent in any other 
currency) per month; 
 
- to any other Independent Director: 5 900 Euro (or an equivalent in any 
other currency) per month. 
 
  b) Starting from 1 May 2019 to members of the Company's Board of Directors 
   deemed to be a Non-Executive Director the remuneration in the amount of 5 
  900 Euro (or an equivalent in any other currency) per month shall be paid. 
 
For further information, please contact: 
 
Severstal Investor Relations 
 
Vladimir Zaluzhsky 
 
T: [phone] 
 
[e-mail] 
 
Evgeny Belov 
 
T: [phone] 
 
[e-mail] 
 
Severstal Public Relations 
 
Anastasia Mishanina 
 
T: [phone] 
 
[e-mail] 
 
*** 
 
P?? Severstal is one of the world's leading vertically-integrated steel and 
steel related mining companies, with assets in Russia, Latvia and Poland. 
Severstal is listed on RTS and MICEX and the company's GDRs are traded on 
the LSE. Severstal reported revenue of $8,580 million and EBITDA of $3,142 
million in 2018. Severstal's crude steel production in 2018 reached 12.0 
million tonnes. www.severstal.com [1] 
 
ISIN:          US8181503025 
Category Code: AGM 
TIDM:          SVST 
LEI Code:      213800OKDPTV6K4ONO53 
Sequence No.:  8404 
EQS News ID:   804191 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=804191&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

April 26, 2019 12:05 ET (16:05 GMT)