General Shareholder Meeting

The supreme management body of IDGC of Urals, OAO is General Shareholder Meeting. The procedure for GSM convention and arrangement is stipulated by the Charter and the Regulations on the Procedure for AGSM Convention and Arrangement. Our regular AGSM held on June 13, 2013 (protocol #6) approved the Company’s annual report, annual financial statements (including profit and loss statements), 2012 profit distribution; amount of dividends as well as form and terms for dividend payout; election of the BoD and AC members, approval of the Company’s auditor, approval of the Regulations on Remunerations and Compensations paid to the BoD members and Regulations on Remunerations and Compensations paid to AC members. (The full version of the AGSM resolution can be found at Section “Corporate Governance” of our official web-site).