June 27, 2014

Annual general meeting of shareholders of Rosneft was held 27 June in Khabarovsk. The owners of 92,9 % of the Company shares took part in the meeting.

The meeting approved the annual report, accounting reports, and net profit distribution of Rosneft for 2013.

It was decided to allocate 136 billion 186.6 million rubles for dividends on shares of Rosneft (12 rubles 85 kopecks per share). The approved amount of dividend payout totals 25% of net profit of the Company in accordance with IFRS, and exceeds the previous year figure by 59.6%. The dividends will be paid to nominee shareholders and securities traders 22 July 2014 at the latest, and to other holders registered in the share register not later than 12 August 2014.

Shareholders also elected a new Board of Directors consisting of 9 persons, including:

  • Andrey Akimov, Chairman of the Management Board of Gazprombank (designated agent);
  • Andrey Bokarev, President of Transmashholding, Chairman of Board of Directors of Kuzbassrazrezugol (designated agent);
  • Matthias Warnig, Managing Director of the Nord Stream AG (Independent Director);
  • Robert Dudley, President of BP group of companies (BP Russian Investments Limited shareholder's representative);
  • Nikolai Laverov, Presidium Member of the Russian Academy of Sciences (Independent Director);
  • Alexander Nekipelov, Director of the MSU Moscow School of Economics (designated agent);
  • Igor Sechin, Rosneft President, Chairman of the Management Board (designated agent);
  • Donald Humphreys, Member of the Board of Directors of Rosneft (Independent Director);
  • Artur Chilingarov, Member of the Federation Council, Member of the Committee on Foreign Affairs of the Federation Council, President of Association of Polar Explorers.

The meeting also elected the Audit team of the Company consisting of 5 persons, appointed Ernst & Young as the auditor of Rosneft, and defined the amount of remuneration and compensation of expenses of the Board of Directors members.


The meeting approved the Charter of the Company as amended, the redrafted rules and regulations for the general shareholders' meeting, Board of Directors, Management board, President, Audit team, and approved a number of related party transactions.

Rosneft Information Division
Tel.: +7 (499) 517-88-97
June 27, 2014



These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

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