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Energoterra

The Annual General Shareholders’ Meeting approved the annual report and the annual financial statements of the company for 2014

Июня 18, 2015

The Annual General Shareholders’ Meeting of OJSC Enel Russia was held in Moscow today, and was attended by shareholders holding in aggregate more than 93.7 percent of the total voting stocks.

The list of persons eligible to participate in the meeting was drawn up as of April 28th, 2015.

Among the main issues on the agenda were the approval of the company’s annual report and annual financial statements for 2014, the approval of the company’s profit allocation, including the payment of dividends, and the election of its new Board of Directors and Internal Audit Commission.

The Annual General Shareholders’ Meeting approved the annual report and the annual financial statements of the company for 2014. For the second year in a row, acting on a proposal by the Board of Directors, the Shareholders’ Meeting approved the distribution of dividends totalling around 2.86 billion RUR or 0.080731 RUR/share, with that amount corresponding to 40% of the company’s IFRS net ordinary income for 2014. The Assembly fixed June 29th, 2015 as the Dividend Record Date.

“We are pleased to confirm that we are distributing profits to our shareholders for the second straight year,” said General Director of Enel Russia Carlo Palasciano Villamagna. “In 2014 we managed to improve our financial performance, showing how employees, the Board of Directors and the Executive Board are all working effectively towards the maximisation of shareholder interest. The solidity of our business and sound managerial decisions helped us withstand current challenges, allowing us to beat our financial targets, deliver good returns and look confidently towards the future.”

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