OAO
LUKOIL held its Annual General Shareholders Meeting http://www.lukoil.com/static_6_5id_2108_.html in Moscow today to approve the 2009 Annual Report
and financial statements based on the fiscal year results.
The
Annual
Report of OAO LUKOIL for 2009 prepared in accordance with the requirements of
the Federal Financial Markets Service of the Russian
Federation is
available at
http://www.lukoil.com/static_6_5id_2108_.html and the
2009 Annual Report is available at http://www.lukoil.com/static_6_5id_218_.html.
The
shareholders approved dividend distribution based on the Company’s performance
in 2009
in the amount of 52 rubles per ordinary share (50 rubles
in 2008).
The
size of remuneration and compensation of expenses to the members of the Board of
Directors and the Audit Commission was also approved. ZAO KPMG was approved as
LUKOIL’s independent auditor. The Annual General Shareholders Meeting also
elected the Board of Directors and the Audit Commission, approved amendments to
the Procedure for Preparing and Holding the General Shareholders Meeting of
OAO LUKOIL and approved interested-party
transactions.
The
following Board of Directors of OAO LUKOIL was elected by the
shareholders:
|
1.
|
Vagit
Yu. Alekperov |
President
of OAO LUKOIL |
|
2.
|
Igor
V. Belikov |
Director
of the Russian Institute of Directors |
|
3.
|
Victor
V. Blazheev |
Rector
of the Moscow State Academy of
Law |
|
4.
|
Donald
Evert Wallette (Jr.) |
President
of Russia/Caspian Region, ConocoPhillips |
|
5.
|
Valery
I. Grayfer |
Chairman
of the Board of Directors of OAO RITEK |
|
6.
|
German
O. Gref |
Chairman
of the Board and CEO of Sberbank (Saving Bank of the Russian
Federation) |
|
7.
|
Igor
S. Ivanov |
Professor
of the Moscow State Institute of International
Relations |
|
8.
|
Ravil
U.
Maganov |
First
Executive Vice President of OAO LUKOIL |
|
9.
|
Sergei
A. Mikhailov |
General
Director of OOO Management-Consulting |
|
10.
|
Mark
Mobius |
Executive
President of Templeton Asset Management Ltd. |
|
11.
|
Alexander
N. Shokhin |
President
of the Russian Union of Industrialists and Entrepreneurs (employers),
President of the State University – Higher School of
Economics |
Valery
Grayfer was elected Chairman of the newly elected Board of Directors at the
Board of Directors meeting held after the Annual General Shareholders
Meeting.
In his
address to the Annual General Shareholders Meeting
President of OAO LUKOIL Vagit Alekperov pointed out, in particular, that the
Company’s basic tasks in the near-term include implementation of highly
efficient upstream projects, strengthening of its financial position, ensuring
positive cash flows in the environment of unstable world economy, and
maximization of shareholder return.
