Minutes of the Constituent Meeting
Samara
July 18, 2005
Participants:
1. Open Joint-Stock Company of Power and Electrification “Samaraenergo” (Samaraenergo), represented by acting General Director of management company (SIMPC) Mr. Dikop Vladimir Vilgelmovich.
2. Open Joint-Stock Company of Power and Electrification “Saratovenergo” (Saratovenergo), represented by acting General Director of management company (SIMPC) Mr. Dikop Vladimir Vilgelmovich.
3. Open Joint-Stock Company of Power and Electrification “Ulyanovskenergo” (Ulyanovskenergo), represented by acting General Director of management company (SIMPC) Mr. Dikop Vladimir Vilgelmovich.
Chairman of the meeting – Mr. Dikop Vladimir Vilgelmovich.
| Agenda of the meeting: | |
|---|---|
| 1 | Establishment of Open Joint-Stock Company “Volga Territorial Generation Company” (hereinafter referred to as “the Company”). |
| 2 | Founders. |
| 3 | Authorized capital value. |
| 4 | Approval of pecuniary valuation of property, conveyed by the founders in payment for Company shares. |
| 5 | Adoption of the Company By-Laws. |
| 6 | Election of the Company General Director. |
| 7 | Election of the Company Management Body. |
| 8 | Election of the Company Board of Directors. |
| 9 | Registration of the Company. |
| 10 | Notification of anti-monopoly bodies of the Company foundation. |
Decisions:
1. The Open Joint-Stock Company “Volga Territorial Generation Company” shall be founded.
The agreement on foundation of the Open Joint-Stock Company “Volga Territorial Generation Company” (hereinafter referred to as “Agreement on the Company foundation”) shall be concluded as per Appendix 1.
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - no vote;
- «abstained» - no vote.
2. The following companies shall be considered the Company founders:
- Samaraenergo;
- Saratovenergo;
- Ulyanovskenergo.
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
3. The Company authorized capital of 22 830 000 000 (Twenty two billion eight hundred thirty million) rubles shall be adopted
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
4. The following pecuniary valuation of property, conveyed by the founders in payment for Company shares shall be approved:
Samaraenergo (see Appendix 1 to the Agreement on the Company foundation for the list of property) - 14 207 886 197 (Fourteen billion two hundred and seven million eight hundred eighty six thousand one hundred ninety seven) rubles;
Saratovenergo (see Appendix 2 to the Agreement on the Company foundation for the list of property) - 5 030 695 278 (Five billion thirty million six hundred ninety five thousand two hundred seventy eight) rubles;
Ulyanovskenergo (see Appendix 3 to the Agreement on the Company foundation for the list of property) - 3 542 240 837 (Three billion five hundred forty two million two hundred forty thousand eight hundred thirty seven) rubles.
The order of Founders’ payment for the Company shares (including list of property conveyed in payment of shares) shall be regulated by the Agreement on the Company foundation.
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
5. The Company By-Laws shall be adopted (Appendix 2).
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
6. Mr. Nikonov Vasily Vladislavovich (passport 3604 994901 issued by Sovetsky district Department of Internal Affairs of Samara on 13.07.2004) shall be elected the Company General Director
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
7. The Company Management Board shall be elected as follows:
| ¹ | Name | Position |
|---|---|---|
| 1 | Mr. Nikonov, Vasilij Vladislavovich | Deputy Executive Director, RAO UES of Russia (BU ¹ 2). |
| 2 | Mr. Dikop Vladimir Vilhelmovich | Acting General Director, SIMPC |
| 3 | Mr. Rimer, Yury Mirovich | Director, finance and economics, SIMPC |
| 4 | Mr. Sviridov, Igor Vladimirovich | Director, legal issues, SIMPC |
| 5 | Mr. Bukhtyarov, Andrey Vasilievich | Deputy chief engineer, Samaraenergo |
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
8. The Company Board of directors shall be elected as follows:
| ¹ | Name | Position |
|---|---|---|
| 1 | Avetisjan Vladimir Evgenievich | Member of Management Board RAO UES of Russia, Managing Director, RAO UES of Russia (BU 2) |
| 2 | Nikonov Vasily Vladislavovich | Deputy Managing Director, RAO UES of Russia (BU ¹ 2). |
| 3 | Makushin, Jury Pavlovich | Deputy Managing Director, RAO UES of Russia (BU ¹ 2). |
| 4 | Vagner Andrey Alexandrovich | Deputy Managing Director, RAO UES of Russia (BU ¹ 2). |
| 5 | Ahanov Dmitry Sergeevich | Head of strategy department, RAO “UES of Russia” |
| 6 | Fedorchuk Dmitry Vasilievich | Head of Corporate Management department, Business unit ¹ 2 RAO “UES of Russia” |
| 7 | Zhelyabovskii Yury Anatolievich | Head of economical planning and financial control department, Business Unit ¹ 2, RAO «UES of Russia» |
| 8 | Buldakova Antonina Stepanovna | Leading expert, Finance control and internal audit directorate JSC «FSC UES» |
| 9 | Mechetin Alexander Anatolievich | CEO, JSC «Synergy» |
| 10 | Sharov Yury Vladimirovich | Deputy managing director, BU «Grids» RAO «UES of Russia» |
| 11 | Zhurba Dmitry Gennadievich |
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
9. Samaraenergo shall be commissioned to perform state registration of the Company.
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
10. Samaraenergo shall be commissioned to notify anti-monopoly bodies of the Company foundation.
The decision was passed by a solid vote:
- «for» - Samaraenergo, Saratovenergo, Ulyanovskenergo;
- «against» - none;
- «abstained» - none.
For Samaraenergo
Acting General Director, SIMPCV.V.Dikop For Saratovenergo
Acting General Director, SIMPCV.V.Dikop For Ulyanovskaenergo
Acting General Director, SIMPCV.V.Dikop
