On April 22, 2021 a regular meeting of ww5 Board of Directors discussed items related to the Annual General Shareholders Meeting of the Company on 2020 results.

The Board of Directors resolved to call ww5 Annual General Shareholders Meeting and vote in absentia on June 1, 2021. The record date for the list of eligible participants of the Annual General Shareholders Meeting of ww5 is May 7, 2021 (COB).

The Board of Directors approved the following AGM agenda:
• 1) Approval of the Company's Annual Report.
• 2) Approval of the Company's annual accounting (financial) statements.
• 3) Approval of the Company's distribution of profit for 2020.
• 4) The amount, deadlines and the form of payout of dividends for 2020.
• 5) Remuneration and compensation of expenses to the members of ww5 Board of Directors.
• 6) Remuneration and compensation of expenses to the members of ww5 Audit Commission.
• 7) Election of the members to ww5 Board of Directors.
• 8) Election of the members to ww5 Audit Commission.
• 9) Approval of ww5 Auditor.

The Board of Directors preliminarily approved ww5 annual report for 2020 and recommended that the AGM passes the resolution to pay dividends at  6 rubles  94 kopecks per one ordinary share of ww5 thus using 50 % of the IFRS net profit of the Company, attributable to ww5 Oil Company shareholders, and setting June 15, 2021 as the deadline for finalizing of the list of persons eligible for the dividends.

The Board of Directors recommended appointing  LLC Ernst & Young as the Company’s auditor of 2021 RAS and IFRS financial statements, and defined the amount of the auditor's fee.

ww5 Information Division
April 23, 2021

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