МТS OFFERS ELECTRONIC VOTING FOR THE FIRST TIME IN RUSSIA AT ITS UPCOMING SHAREHOLDER MEETING
Thursday, September 29, 2016
Moscow, Russian Federation – PJSC MTS (NYSE: MBT; MOEX: MTSS), the leading telecommunications operator in Russia, and JSC Independent Registrar Company (IRC), one of the largest Russian registrars, announce the launch of an online service for electronic voting based on the ComVoting system. This service will allow MTS shareholders to vote electronically at the upcoming MTS Extraordinary General Meeting (EGM) on September 30, 2016, a first in the history of Russian corporate governance.
The ComVoting service allows shareholders to participate in voting via an electronic ballot, submitted via a website. Voting is available for shareholders who keep their shares directly in the registry and at a depositary, including the Central Depositary (after confirmation from a nominal holder of the shareholder’s right to participate in the EGM).
Shareholders of MTS interested in participating at the EGM via this service should apply to IRC and obtain an electronic signature key for the authorization of their personal account. Once authorized, shareholders will be able to complete and submit an electronic ballot.
Individuals who are eligible to participate in the EGM, and their representatives, are able to take part in the meeting by filling in an electronic ballot form, available at www.mts.ru/shareholder before the deadline for receipt of ballots.
Maxim Kalinin, MTS’s corporate secretary and Director for Corporate Governance, commentated “MTS strives to introduce innovative technology into every field in which we operate, including shareholder relations. For the first time in the history of corporate governance in Russia, our shareholders will be able to vote via an electronic system. The introduction of the ComVoting service will offer an alternative to the traditional paper ballots and will provide our shareholders with greater choice over how they engage with the company. The system will offer a more convenient service for many of our shareholders and provide them with an opportunity to instantly communicate their views to the company’s governing bodies.”