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PJSC Polyus (MOEX: PLZL) («Polyus», or the «Company») announces the results of its Annual General Meeting of Shareholders held on April 14, 2025 («AGM»).
The following decisions were adopted by the AGM:
- To approve the PJSC Polyus Annual Report for 2024.
- To distribute the dividends on ordinary shares of PJSC Polyus based on the Q4 2024 results in cash in the amount of 73 rubles per ordinary share.
- The aggregate amount of declared dividends based on the Q4 2024 results and payable on shares not owned by the Company’s subsidiaries corresponds to the target set in the Dividend Policy of PJSC Polyus (30% of EBITDA) and the recommendation of the Board of Directors of PJSC Polyus dated March 10, 2025.
- The record date for persons entitled to dividends declared for 4Q 2024 is April 25, 2025.
- To elect PJSC Polyus Board of Directors which comprise all the candidates proposed by the Board of Directors on March 10, 2025, including three independent directors, and to approve the new version of the Remuneration and Compensation Policy for the members of the Board of Directors of PJSC Polyus regarding the issues of independent members of the Board of Directors remuneration.
- To appoint an audit organization:
- for the purpose of auditing the annual accounting (financial) statement of Polyus PJSC for 2025 — FinExpertiza LLC.
- for the purpose of auditing the consolidated financial statement of Polyus PJSC for 2025, as well as for the review of the interim condensed consolidated financial statements of Polyus PJSC for the six months ending June 30, 2025 — DRT JSC.
Polyus
Polyus is the fourth largest gold producer in the world in terms of production and has one of the world’s largest gold reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk Territory, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Investors and Media
Capital Markets Department
+7 495 641 33 77
IR@polyus.com
Forward-looking statements
This announcement may contain “forward-looking statements” concerning Polyus and/or Polyus group. Generally, the words “will”, “may”, “should”, “could”, “would”, “can”, “continue”, “opportunity”, “believes”, “expects”, “intends”, “anticipates”, “estimates” or similar expressions identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the corresponding forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are difficult to predict accurately and which are beyond the control of Polyus/or Polyus group. Therefore, undue reliance should not be placed on such statements, which speak only to the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.