PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that its Board of Directors has resolved to convene an Annual General Meeting of shareholders (“AGM”) on 26 June 2023, which will be held in the form of voting by correspondence.

Completed voting ballots are to be sent to Office 713, 36B Kazanskaya Street, St. Petersburg 190031, Russian Federation or filled in online on https://pos.vtbreg.ru/. Deadline for the receipt of voting ballots is set for 26 June 2023. Shareholders registered as at the record date of 5 June 2023 will be eligible to participate in the AGM.

Shareholders will be considered to have participated in the AGM in the form of voting by correspondence only if their voting ballots or electronic voting ballots completed online at https://pos.vtbreg.ru/ have been received before the deadline for the receipt of voting ballots.

The agenda for the Annual General Meeting of shareholders comprises the following matters:

1. Approval of the Company's 2022 Annual Report
2. Approval of the Company's 2022 Annual Financial Statements
3. Distribution of the Company's profit for the 2022 fiscal year
4. Determination of the number of members of the Company’s Board of Directors
5. Election of the members to the Company's Board of Directors
6. Election of the members to the Company's Internal Audit Commission
7. Appointment of the Company's audit organizations for 2023.

Board of Directors invokes its right provided in Clause 7 of Article 53 of the Federal Law on Joint Stock Companies and, at its sole discretion, nominates the following candidates for election to the Company’s Board of Directors and Audit Committee:

To the Board of Directors:

• Vitaliy Ignatenko, Independent Director

• Yury Kudimov, Independent Director

• Dmitry Kutuzov

• Igor Levit

• Andrey Molchanov

• Egor Molchanov

• Yury Osipov, Independent Director

• Alexander Pogorletskiy

• Lyubov Shadrina

To the Internal Audit Commission:

• Natalya Klevtsova

• Denis Sinyugin

• Lyudmila Fradina

The following candidate has been nominated for election to the Company’s Board of Directors by a group of Company shareholders: The Prosperity Quest Fund, Prosperity Fundamental Value Fund:

• Alexander Shevchuk, Independent Director

The Board of Directors of LSR Group decided to approve the appointment of Galina Volchetskaya as the Chairman of the Annual General Meeting of Shareholders of LSR Group and Elena Chistyakova as the Secretary of the Annual General Meeting of Shareholders of the Company.

The Board of Directors of LSR Group also recommended the Annual General Meeting of Shareholders to approve a dividend distribution in the amount of RUB 8,036,356,770 based on the results of 2022 financial year. Shareholders registered at the record date of 07 July 2023 will be entitled to receive a dividend payment.

Supporting materials related to the Annual General Meeting of shareholders will be published on the Company’s website www.lsrgroup.ru on 26 May 2023.

For more information please contact:

Investor Relations
E-mail: IR@lsrgroup.ru  

Media Relations
LSR Group Press Service
E-mail: press@lsrgroup.ru