Every shareholder of the Bank exercises its Bank management rights through participation in voting at the General Participants (Shareholders) Meetings, making decisions on issues of primary importance, including:
- outlining the key activity directions of the Bank and approving task completion reports;
- amendments and supplements to the Bank’s Charter;
- changing the size of the Authorized Capital of the Bank;
- appointment and dismissal of the chairmen and members of the Supervisory Council and the Audit Commission of the Bank;
- approval of the annual operational results of the Bank, reports and opinions of external auditors and the Audit Commission of the Bank;
- distribution of profits; and reorganization of the Bank and other actions leading to significant corporate changes. Voting at the General Shareholders Meeting is based on the principle “one share – one vote.”
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