Results of the Extraordinary General Shareholders` Meeting of Cherkizovo Group PJSC

September 25, 2020

Moscow, Russia – September 25, 2020 – Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces the results of the Extraordinary General Meeting of Shareholders held on September 24, 2020.

 General Meeting of Shareholders:

-            Resolved to distribute net profit for 1H 2020 as dividends in the amount of RUB 48.79 per ordinary share.

-            Set the record date to October 5, 2020. Dividends to nominee shareholders shall be paid within 10 business days after the record date (by October 19, 2020), and dividends to other persons listed on the shareholder register shall be paid within 25 business days after the record date (by November 10, 2020).

-            Resolved to reduce the Company’s authorized capital by RUB 29,167.59 by redeeming 2,916,759 own shares (6.6344% of the authorized capital). Following the partial redemption of the Company’s shares, its authorized capital will amount to RUB 410,470.14 and consist of 41,047,014 ordinary shares.

-            Approved Amendment № 2 and Amendment № 3 to the Charter of the Company (Revision № 9).

Wording of resolutions adopted on the agenda issues and voting results will be disclosed in the form of a corporate action notice on resolutions adopted by General Meeting of Shareholders.