On 25 April 2018, the Supervisory Board of National Settlement Depository (NSD), Russia’s central securities depository, adopted resolutions on the preparation, convening and conducting the Annual General meeting (AGM) of the company’s shareholders in 2018.
The AGM will be held on 31 May 2017 in the office 7.100 Bldg 1, 4/7 Vozdvizhenka Street, Moscow, in the form of a meeting of shareholders in present to discuss agenda items and to make decisions on the issues put to vote. The record date is 7 May 2018. The AGM announcement will be placed on the official website of NSD (www.nsd.ru/en) no later than 10 May 2018. Starting 10 May 2018, persons entitled to take part in the AGM may get the AGM information (materials) at 12 Spartakovskaya Street Moscow (office 1.9).
Persons entitled to take part in the AGM may fill electronic ballots for voting at NSD’s AGM online at https://www.e-vote.ru/ru/.
JSC STATUS Registrar Society (NSD’s registrar) will perform functions of the ballot committee at the AGM.
The approved agenda of the AGM includes the following items:
- Approval of the annual report of NSD for 2017 including annual accounting and financial statements of NSD;
- Distribution of profit, including dividend payment (declaration) for the FY 2017;
- Approval of NSD’s auditor;
- Establishing the number of members of the Supervisory Board of NSD;
- Electing members of the Supervisory Board of NSD;
- Electing members of the Internal Audit Commission of NSD;
- Establishing the amount of remuneration of the members of the Supervisory Board of NSD;
- Establishing the amount of remuneration of the members of the Internal Audit Commission of NSD.
Candidates for election to the Supervisory Board
Based on the results of the meetings of NSD’s Supervisory Board held 6 March and 25 April 2018, a list of candidates for election to NSD’s Supervisory Board during the AGM has been drawn up. It includes the following candidates for election to the Supervisory Board:
- Eddie Astanin;
- Alexander Afanasiev;
- Paul Anne F. Bodart;
- Mikhail Bratanov;
- Oleg Vyugin;
- Andrey Golikov;
- Yuri Denisov
- Bella Zlatkis;
- Sergey Ivliyev;
- Sergei Lykov;
- Paul James Ostling;
- Anton Ostrovskiy;
- Andrey Popov;
- Nadezhda Ushakova;
- Ilya Yuzhanov.
The Supervisory Board recommended paying remuneration to members of NSD's Supervisory Board, in accordance with terms established by the Regulations on the Remuneration and Compensation of Expenses for Members of the Supervisory Board of NSD, and not to pay remuneration to members of NSD’s Internal Audit Commission.
The Supervisory Board gave preliminary approval to NSD's 2017 annual report, including the annual accounting and financial statements of NSD. The Supervisory Board recommended that the AGM approve these documents.
The Supervisory Board recommended that the AGM approve CJSC Deloitte & Touche CIS as the audit company responsible for auditing NSD’s RAS and IFRS financial statements up to the date of NSD’s 2019 AGM.
The Supervisory Board approved NSD’s Fee Schedule for Banking Services and the new version of NSD’s Client Relations Policy.
In addition, the Supervisory Board took into account NSD’s Report on the Implementation of the Risk Management Development Strategy for 2017, and NSD’s Performance Report for 3M 2018.