The annual General Shareholders Meeting of Gazprom has endorsed changes in the Company’s Charter, General Shareholders Meeting Provision, Board of Directors Provision and Management Committee Provision.

Background:

The changes in the Charter are basically driven by the modifications and updates introduced into the Federal Law “On Joint-Stock Companies” and are aimed at speeding up the decision-making by the Board of Directors.

The adjustment of internal documents is stipulated by the need of bringing them in line with the amended legislation and the Company’s Charter, as well as by the streamlining of individual intra-corporate procedures.