JSC 2

What is the highest body in JSC?

• BoD

• CEO

• GMS

• Revision Committee

When should be the GMS conducted?

• before April 1

• before May 1

• before March 1

• any time during the year

Open JSC shareholders should be notified about the annual meeting by

• written notice & TV advertisement

• newspaper publication & phone call

• written notice & newspaper publication

• webpage publication & newspaper publication

Shareholders should also receive the following materials:

• Quarterly financial reports for the preceding year

• Annual financial reports for 2 years

• Annual reports (financial and on activities) for the preceding year

• Monthly financial reports for the preceding year

A shareholder can suggest an issue to be included in the GMS Agenda if it owns at least

• 1 voting share

• 1% of voting shares

• 10% of voting shares

• 10 voting shares

A decision on the election of the Counting Commission can be taken by:

• 2/3 of all voting shares

• 2/3 of present voting shares

• a simple majority of all voting shares

• a simple majority of present voting shares

A decision on dividends can be taken by:

• 2/3 of all voting shares

• 2/3 of present voting shares

• a simple majority of all voting shares

• a simple majority of present voting shares

A decision on the approval of the annual budget can be taken by:

• 2/3 of all voting shares

• 2/3 of present voting shares

• a simple majority of all voting shares

• a simple majority of present voting shares

in order for the GMS to be considered as convened, the quorum should be:

• 40% of shareholders

• 60% of shareholders

• 40% of voting shares

• 60% of voting shares

Voting period for proxy voting should be at least

• 10 days

• 20 days

• 30 days

• 60 days