NSD Announces AGM Results

National Settlement Depository (NSD), Russian’s central securities depository, held the Annual General Meeting of Shareholders (AGM) on 30 May 2017.

The company’s shareholders adopted the following resolutions:

• NSD’s annual report for 2016, including the annual financial statements and the consolidated financial statements, was approved; the auditor’s reports on the company’s annual financial statements and consolidated financial statements, as well as the Internal Audit Commission report on the results of the audit of the company’s financial and business operations for 2016 were taken into account;
• The company’s net profit in the amount of RUB 2.1 billion¹ was allocated for dividend payment calculated on the basis of RUB 1,784.03 per one common registered share before tax on income received in the form of dividend. The record date for persons entitled to receive dividend was set at 10 June 2017.
• Deloitte & Touche CIS was approved as NSD’s auditor for conducting the RAS and IFRS audit for the period until NSD’s annual General Meeting of Shareholders to take place in 2018.
• 15 members of the Supervisory Board were elected:
  1. Eddie Astanin, Chairman of the Executive Board, NSD;
  2. Alexander Afanasiev, Chairman of the Executive Board, Moscow Exchange;
  3. Paul Anne F. Bodart, Independent director;
  4. Mikhail Bratanov, Head of Societe Generale Securities Services in Russia and CIS, Head of Rosbank Securities Services Department;
  5. Oleg Vyugin, Chairman of the Board of Directors, Russian National Association of Securities Market Participants (NAUFOR);
  6. Bella Zlatkis, Deputy Chairperson of the Executive Board, Sberbank of Russia;
  7. Sergey Lykov, Deputy Chairman of Management Board, Member of the Management Board, Vnesheconombank;
  8. Igor Marich, Managing Director of Money and Derivatives Market, Member of the Executive Board, Moscow Exchange;
  9. Paul James Ostling, Independent director;
  10. Andrey Popov, Chief Information Officer (CIO), Member of the Management  Board, RaiffeisenBank, Russia;
  11. Nadezhda Ushakova, Senior Vice President, Head of Depository, VTB Bank
  12. Tatiana Fomina, Vice President, Head of Financial Market Operations Directorate in the Banking Operations Department, AO UniCreditBank;
  13. Tatiana Chepeleva, Managing Director, Head of IB Operations Strategy, FG BCS;
  14. Dmitry Scheglov, Chief Operating Officer (COO), Member of the Executive Board, Moscow Exchange;
  15. Ilya Yuzhanov, Independent director.
• New members of NSD’s Internal Audit Commission were elected for the period until NSD’s annual General Meeting of Shareholders to take place in 2018:
  1. Olga Gordienko, Chief Accountant, Moscow Exchange;
  2. Anna Ivenkova, Head of IFRS Reporting, Financial Department, Moscow Exchange;
  3. Vladimir Sukhachev, Head of the Internal Audit Service, Moscow Exchange.
• The members of the Supervisory Board elected on 31 May 2016 at the AGM will receive remuneration calculated in compliance with the terms established by NSD’s Supervisory Board Members’ Remuneration and Expenses Reimbursement Regulations² given their individual contribution to the company’s management.
• New versions of Regulations on the Supervisory Board of NSD and Regulations on the Executive Board of NSD were approved.

1 — Net profit has been indicated in accordance with NSD’s RAS financial statements.

2 — Approved by the company’s AGM on 31 May 2016.