Essential Fact Message

"On Certain Decisions Taken by the Issuer's Board of Directors (Supervisory Board)"

1. General
1.1. Full corporate name of the Issuer / Public Joint Stock Company TATNEFT named after V.D. Shashin
1.2. Abbreviated corporate name of the Issuer / PJSC TATNEFT n.a. V.D. Shashin
1.3. Location of the Issuer / 75, Lenin Street, Almetyevsk 423450, Republic of Tatarstan, Russia
1.4. The Issuer's OGRN (Primary State Registration Number) / 1021601623702
1.5. The Issuer's INN (Individual Taxpayer Number) / 1644003838
1.6. The Issuer's Unique Code assigned by the registering authority / 00161-A
1.7. Web site address in the Internet used by the Issuer for information disclosure / http://www.tatneft.ru,
http://disclosure.skrin.ru/disclosure/1644003838
2. Message content
2.1. Quorum of the Board of Directors (Supervisory Board) Meeting of the Joint Stock Company and results of voting on the issues of the decisions taking:
The Quorum was 11 of 15 persons.
Voting results: the decisions were taken unanimously on the following issues:
2.2. Content of decisions taken by the Board of Directors of the Joint-Stock Company:
- On the annual general meeting of shareholders of PJSC TATNEFT.
2.2.1. Approve the following agenda of the general annual shareholders meeting of PJSC TATNEFT:
1. Approval of the annual report of PJSC TATNEFT n.a. V.D. Shashin for 2016.
2. Approval of the annual accounting (financial) statements of PJSC TATNEFT n.a. V.D. Shashin for 2016.
3. On the profits distribution (including payment of dividends on the shares of PJSC TATNEFT n.a. V.D. Shashin) according to the results of operations in the reporting year.
4. On the election of members of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin.
5. On the election of members of the Audit Commission of PJSC TATNEFT n.a. V.D. Shashin.
6. Approval of the auditor of PJSC TATNEFT n.a. V.D. Shashin.
7. Approval of a new version of the “Articles of the Public Joint Stock Company named after V.D. Shashin”.
8. Approval of a new version of the “Provision on the general meeting of shareholders of the Public Joint Stock Company TATNEFT named after V.D. Shashin”.
9. Approval of a new version of the ‘Provision on the Board of Directors of the Public Joint Stock Company TATNEFT named after V.D. Shashin”.
10. Approval of a new version of the “Provision on the General Director of the Public Joint Stock Company TATNEFT named after V.D. Shashin”.
11. Approval of a new version of the ‘Provision on the Management Board of the Public Joint Stock Company TATNEFT named after V.D. Shashin”.
2. Notification to shareholders about holding the annual general meeting by publishing a notice in the newspapers "Neftyanye Vesti", "Khazine" and posting on the Company's Internet website.
3. The proposed by the working committee for the preparation of the meeting new drafts of the “Articles” of PJSC TATNEFT n.a. V.D. Shashin, "Provision on the general meeting of shareholders of PJSC TATNEFT n.a. V.D. Shashin”, "Provision on the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin”, "Provision on the General Director of PJSC TATNEFT n.a. V.D. Shashin”, "Provision on the Management Board of PJSC TATNEFT n.a. V.D. Shashin” shall be taken as a framework and offered for the approval of the annual general meeting of the shareholders. Assign V.D. Yershov, Head of the Company’s Legal Department, to address the issue at the annual general meeting of the shareholders.
4. Approve the following list of materials provided to shareholders when preparing for the annual general meeting of the shareholders:
- agenda of the annual general meeting of the shareholders;
- results summary of the activities of PJSC TATNEFT n.a. V.D. Shashin for the year 2016;
- the annual report and the opinion of the Audit Commission on the results of the Commission’s audit;
- annual accounting (financial) reporting, the Audit Commission’s and the auditor’s opinion on the results of the accounts audit;
- information on candidates to the Board of Directors;
- information on candidates to the Audit Commission;
- new version of the “Articles” of PJSC TATNEFT n.a. V.D. Shashin;
- new version of the “Provision on holding of the general meeting of the shareholders of PJSC TATNEFT n.a. V.D. Shashin”;
- new version of the "Provision on the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin”;
- new version of the "Provision on the General Director of PJSC TATNEFT n.a. V.D. Shashin”;
- new version of the “Provision on the Management Board of PJSC TATNEFT n.a. V.D. Shashin”;
- a report on related party transactions concluded in the reporting year, the Audit Commission’s opinion on the results of the report auditing;
- draft resolutions of the annual general meeting of the shareholders.
5. Approve the form and text of the voting ballots on the agenda items of the annual general meeting of PJSC TATNEFT shareholders.
- On dividends on the shares of PJSC TATNEFT for 2016.
2.2.2. Recommend that the annual general meeting of shareholders takes a decision to pay the dividends on PJSC TATNEFT’s shares for 2016 in the amount of 50% of the net profit of PJSC TATNEFT in accordance with the accounting (financial) reporting under IRFS:
1.1. On privileged shares of PJSC TATNEFT in the amount of 2281% to the nominal value of the share.
1.2. On ordinary shares of PJSC TATNEFT in the amount of 2281% to the nominal value of the share.
1.3. Propose to the annual general meeting of the shareholders to set a date of July 7, 2017, as the date of determining the persons entitled to receive the dividends.
The time for payment of the dividends shall be determined in accordance with the applicable law. The dividends shall be paid in cash.
- On the approval of the "Provision on the information policy of PJSC TATNEFT”.
2.2.3. Approve the “Provision on the Information Policy of PJSC TATNEFT n.a. V.D. Shashin”.
2.2.4. Approve the "Provision on the information presentation to the shareholders of PJSC TATNEFT n.a. V.D. Shashin about the Provision on the information policy of PJSC TATNEFT”.
2.3. Date of holding the Issuer’s Board of Directors (Supervisory Board) meeting when the relevant decisions were taken: April 27, 2017.
2.4. Date and number of the Minutes of the Company’s Board of Directors meeting when the relevant decisions were taken: April 27, 2017, Minutes No 12.
2.5. Identification characteristics of the Issuer’s securities related with exercising the rights vested by the mentioned securities:
Ordinary uncertified registered shares: Registration Number: 1-03-00161 -A ,
Registration Date: October 26, 2001, ISIN: RU0009033591;
Preferred uncertified registered shares: Registration Number: 2-03-00161 -A,
Registration Date: October 26, 2001, ISIN: RU0006944147
3. Signature
3.1. Corporate Secretary of
PJSC TATNEFT ______R.M. Khisamov
3.2. Date: April 27, 2017 Seal