The Board of Directors of the Public Joint-Stock Company "Pharmstandard" has approved the agenda of the Annual general meeting of shareholders (AGM) in relation to the progress of activities in 2015.

The Board of Directors of the Public Joint-Stock Company "Pharmstandard" (LSE: PHST) has approved date, place and agenda of the AGM.

AGM will take place on the 20^th May 2016 at the following address: the conference room of PJSC "Pharmstandard", Likhachevsky drive, 5b, Dolgoprudny, Moscow region. 

The ballot papers can be provided on or before 18^th May 2016 to the following address: PJSC "Pharmstandard", Likhachevsky drive, 5b, Dolgoprudny, Moscow region.

The Board of Directors has agreed and approved the following agenda:

1.    Approval of annual report, annual financial statements, profit and loss statements of OJSC "Pharmstandard", distribution of company profits and losses based on the results of the reporting year.

2.    Dividends for 2015.

The Board recommends AGM not to pay dividends for 2015.

3.    Election of the Board of Directors of OJSC "Pharmstandard".

The Board approved the list of candidates to the Board of directors to be elected by the AGM: Alexander Archakov, Georgy Golukhov, Sergey Dushelihinsky, Marina Markova, Yuri Ponomarev, Grigory Potapov, Andrey Reus, Ivan Taryshkin, Victor Fedlyuk, Victor Kharitonin, Vladimir Chupikov. The Board considers Mr. Archakov and Mr. Golukhov as independent directors.

 4.    Election of auditing committee of OJSC "Pharmstandard".

The Board approved list of candidates to the auditing committee to be elected by the AGM: Inna Gadelia, Yulia Kropacheva, Liudmila Shumakova

5.    Appointment of the auditors for 2016.

The Board recommends AGM to elect Ernst and Young LLP as an auditor according to IFRS, and FBK LLC as an auditor according to RAS (Russian accounting system)

6.    Approval of the revised Charter of OJSC "Pharmstandard".

The Board recommends AGM to approve revised Charter.

7.    Approval of the revised Regulations on preparation for and holding of a general meeting of shareholders.

8.    Approval of the revised Regulations on the Board of Directors of OJSC "Pharmstandard".

The materials for the AGM will be available for the shareholders starting from  29^th April 2016 at the following address: Corporate Management department, Likhachevsky drive, 5b, Dolgoprudny, Moscow region on business days from 10 am till 4 pm Moscow time.