TATNEFT Essential Fact Message
"Another Message"
1. General |
1.1. Full corporate name of the Issuer | Public Joint Stock Company TATNEFT named after V.D. Shashin | |||||||||||||||||||||||||||||||||||||||||||||||
1.2. Abbreviated corporate name of the Issuer | PJSC TATNEFT n. a. V.D. Shashin | |||||||||||||||||||||||||||||||||||||||||||||||
1.3. Location of the Issuer | 75, Lenin Street, Almetyevsk 423450, Republic of Tatarstan, Russia | |||||||||||||||||||||||||||||||||||||||||||||||
1.4. The Issuer's OGRN (Primary State Registration Number) | 1021601623702 | |||||||||||||||||||||||||||||||||||||||||||||||
1.5. The Issuer's INN (Individual Taxpayer Number) | 1644003838 | |||||||||||||||||||||||||||||||||||||||||||||||
1.6. The Issuer's Unique Code assigned by the registering authority | 00161-A | |||||||||||||||||||||||||||||||||||||||||||||||
1.7. Web site address in the Internet used by the Issuer for information disclosure | http://www.tatneft.ru, http://disclosure.skrin.ru/disclosure/1644003838 | |||||||||||||||||||||||||||||||||||||||||||||||
1.8. The occurrence date of the event (essential fact), which the message has been compiled about (or as it is applicable) | April 28, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||
Message Content | ||||||||||||||||||||||||||||||||||||||||||||||||
Statement of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin with Respect to Recognizing Mr. R. Steiner as an Independent Director for the Corporate Year 2021/2022 According to the results of the conformity assessment of the independent members of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin (hereinafter also referred to as the "Company") with the independence criteria of PJSC "Moscow Stock Exchange" listing rules (Appendix 4 to the rules) (hereinafter the criteria), recognize that Mr. R. Steiner meets all the Criteria, except for the connectedness with the Issuer, namely: in June 2020, the period of Mr. R. Steiner's membership in the Company's Board of Directors was more than 7 years (currently: 7 years and 10 months). Despite the existence of this connectedness, the Company's Board of Directors considers that this connectedness is of a formal nature due to the following circumstances: Mr. R. Steiner was elected to the Company/s Board of Directors of for the first time in 2013, as an independent director and at the time of nomination met the independence criteria set out in the Listing Rules of CJSC MICEX (PJSC Moscow Exchange after the reorganization) However: 1. Mr. R. Steiner meets all the criteria for independence definition of the members of the Board of Directors, established by PJSC "Moscow Stock Exchange" Listing Rules and the Corporate Governance Code of the Bank of Russia except the connectedness criterion with the Company. 2. The analysis of Mr. R. Steiner's practical work in the Company's Board of Directors indicates that he has been acting as a member of the Board of Directors he also has been chairing the HR and Remuneration Committee and is a member of the Audit Committee of the Board of Directors in good faith. 11 in-person meetings and 2 absentee meetings of the Board of Directors were held for the 2020/2021 corporate year. Mr. R. Steiner participated in all the meetings, and he used to express his dissenting views and requested additional information on the issues under consideration. The analysis of Mr. R. Steiner's voting on the issues on the agenda of the Board of Directors' meetings also indicates that all of Mr. R. Steiner's decisions were aimed at respecting the Company's interests. At the meetings of the Board of Directors and the Audit and Human Resources and Remuneration Committees of the Board of Directors, he actively participated in discussing the issues on the agenda, making decisions in accordance with the long-term interests of the Company and all the Company's shareholders. Mr. R. Steiner signed the Declaration of the Company's Board of Directors member, recognized as independent in the form recommended by PJSC Moscow Exchange. With reference to the foregoing, the Company's Board of Directors believes that Mr. R. Steiner's connectedness with the Company is of a formal nature and is of the opinion that Mr. R. Steiner's many years of experience, high professional training and personal responsibility allow him to make objective decisions, independent of the influence of any other persons, that fully meet the interests of the Company and its shareholders.. The quorum of the Company's Board of Directors meeting and the results of voting on the issues of decision-making: 14 of 15 members of the Board of Directors participated in the voting. The quorum was available. Results of voting on each member of the Board of Directors, who voted on the decision making about recognition of the member of the Board of Directors as independent.
Date of holding the meeting of the Board of Directors: April 28, 2021. Date of drawing the Minutes of the Board of Directors' Meeting: April 28, 2021. Number of the Minutes of the Board of Directors' Meeting: No. 12. | ||||||||||||||||||||||||||||||||||||||||||||||||
3. Signature |
3.1. Corporate Secretary Deputy of PJSC TATNEFT ___________ D.M. Gamirov (signature) 3.2. Date: April 28, 2021 seal |
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OAO Tatneft published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 08:12:07 UTC.
