Rosneft's AGM Declares Dividend

At the Annual General Meeting of Rosneft shareholders held in St.Petersburg on June 17, 2015 it was decided to distribute the profit of 87 billion rubles as dividend at the rate of 8 rubles 21 kopecks per share for 2014. The approved dividend amount equals 25% of Company’s IFRS net profit. The dividends will be paid to the nominal shareholders and professional securities market participants by July 13, 2015, and to other shareholders registered in the Shareholders Register by August 3, 2015.

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

Andrei Akimov, Chairman of the Management Board of Gazprombank;
Andrei Belousov, Aide to the President of the Russian Federation;
Matthias Warnig, Managing Director of the Nord Stream AG;
Oleg Viyugin, Chairman of the Board of Directors of MDM Bank;
Robert Dudley, President of BP group of companies;
Guillermo Quintero – President of BP Brazil, Uruguay, Venezuela and Colombia (BP of Energy do Brasil Ltda and BP Brazil);
Alexander Novak – Energy Minister of the Russian Federation;
Igor Sechin – President, Chairman of the Management Board of Rosneft;
Donald Humphreys – Member of Rosneft Board of Directors (Independent Director).

The Meeting also elected the Аudit Comission consisting of 5 persons, approved Ernst & Young as the auditor of Rosneft, and defined the amount of remuneration and reimbursement of expenses of the Board of Directors members.

The meeting of the Board of Directors elected Anderi Belousov as Rosneft Chairman of the Board of Directors.