Aeroflot announces results of Board of Directors meeting

15 August 2018

Moscow, 15 August 2018 – PJSC Aeroflot (Moscow Exchange ticker: AFLT) announces the results of an extraordinary Board of Directors meeting held on 14 August 2018. The meeting was held by absentee vote.

It was decided to convene an Extraordinary General Meeting of Shareholders of PJSC Aeroflot. The meeting will take place on 23 October 2018 at 10:00 am. The meeting will be held at the Aeroflot office complex in Melkisarovo.

Agenda of the upcoming meeting:

  • Early termination of powers of members of the Board of Directors;
  • Election of members of the Board of Directors.

The Board of Directors has also approved the report on the results of shareholders tendering their PJSC Aeroflot shares for buyback. These include shareholders who voted against or did not participate in the vote regarding a major leasing transaction for 50 new Russian MS-21-300 aircraft during the AGM held on 25 June 2018. The Company will buy back a total of 47,817,796 shares worth RUB 7,039,735,927.12, in proportion to the shares tendered by shareholders.