Resolutions taken by the Board of Directors
Moscow, Russian Federation (30 May 2019) - Public Joint Stock Company 'MegaFon' (MoEx: MFON), a pan-Russian operator of digital opportunities ('MegaFon' or the 'Company'), announces that MegaFon's Board of Directors at its meeting held on 29 May 2019 took the following resolutions:
1. To determine the price of property (services) and grant consent to a related party transaction - Revolver Loan Agreement between MegaFon (as a lender) and First Tower Company LLC (as a borrower), the Company's wholly owned subsidiary, to the total amount of RUB 6.0 Bn (including interest accrued on the principal amount).
2. To approve the Risk management and internal control policy of the Company.
3. To include the following candidates into the voting list to elect the Company's Management Board at the Annual General Shareholders Meeting of the Company:
1. Gevork Arutyunovich Vermishyan
2. Frederic Gilbert Vanoosthuyze
3. Valentina Igorevna Vatrak
4. Vlad Wolfson
5. Elena Andreevna Martynova
6. Nikita Romanovich Orlov
7. Alexander Andreevich Sobolev
and to add the item on the quantitative composition and the election of the Company's Management Board into the agenda of the Annual General meeting of Shareholders ('AGM') of the Company.
4. To add the item on approval of the Amendments No.2 to the Charter of MegaFon into the AGM agenda.
For More Information:
Investors: Dmitry Kononov Tel: + 7 925 696 6490 email@example.com
Director for Investor Relations and M&A
Media: Artem Lebedev
Director for Corporate Communications Tel: +7 925 696 0677 firstname.lastname@example.org
Notes to Editors
MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: LINK
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