Results of NOVATEK’s Extraordinary General Meeting of Shareholders

25 September 2015

Moscow, 25 September2015. OAO NOVATEK announced today the results of its Extraordinary General Meeting of Shareholders (“EGM”) summarizing the results of the first half 2015.

The EGM resolved the following agenda items:

  • Approved the interim dividend payment for the first half 2015;

  • Decided on early termination of powers of the members of the Board of Directors;

  • Elected the members of the Board of Directors; and

  • Approved related-party transactions.

PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.

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