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Rostelecom’s Board of Directors convenes AGM and recommends dividend payment for FY 2020

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Moscow, Russia – May 26, 2021 – Rostelecom PJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), the largest digital service provider in Russia, today announces that its Board of Directors has adopted a set of decisions relating to its Annual General Meeting (the “AGM”), including:

  1. Rostelecom’s Board of Directors has approved the date and the agenda for the AGM which will be held virtually. The record date for registering voting forms was set at 28 June 2021. The persons entitled to participate at the AGM shall be determined as at 6 June 2021. AGM materials will be available on the Company website before or on 28 May 2021: https://www.company.rt.ru/ir/agm/events/gosa/detail/2020/ with an online voting function available to shareholders before or on 7 June 2021.
  2. The Board of Directors has recommended that the AGM approves a dividend payment for 2020, on both ordinary and preferred shares. The total dividend payout amounts to RUB 17.5 billion (77% of the FCF for FY 2020), or RUB 5 per preferred share and RUB 5 per ordinary share.

The record date for receiving dividends has been set at 12 July 2021.

The Board of Directors also discussed other matters related to the agenda of the Company AGM.