July 31, 2007. S.P. Korolev RSC Energia,
Korolev, Moscow Region
A special shareholders’ meeting of the open joint stock company (JSC) S.P.Korolev Rocket and Space Corporation Energia, convened by a resolution of the Board of Directors, has taken place today.
3427 participants registered at the meeting to represent the interests of the Corporation shareholders who own the total of 885414 shares, which amounts to 78.79% of the total number of the voting shares in the joint-stock company.
The meeting agenda was as follows:
- Early termination of the term of office of the incumbent single executive, the Corporation President N.N.Sevastianov.
- Election of the single executive, President of the S.P.Korolev RSC Energia JSC.
Deputy head of Roskosmos V.A.Davydov spoke about the reasons for the special shareholders’ meeting and presented a candidate for the position of President of the S.P.Korolev RSC Energia JSC, a corresponding member of the Russian Academy of Sciences, Lopota, V.A., who has been working as the first vice president and designer general of S.P.Korolev RSC Energia JSC since July 2, 2007.
Members of the Russian Academy of Sciences Chertok B.Ye. and Legostaev V.P. spoke favorably about scientific, managerial and personal qualities of the candidate, calling upon the shareholders to elect him the Corporation President.
At the shareholders’ request, Lapota V.A. presented his vision of the programmatic goals for the S.P.Korolev RSC Energia activities and answered to some questions about his biography.
The meeting made the following resolutions:
Davydov V.A., Moiseev, N.F., Lopota V.A., and Semenov Yu.P. responded to questions from Russian journalists about the results of the meeting.
- Terminate the term of office of the incumbent single executive, the Corporation President Sevastianov, Nikolai Nikolaevich, ahead of its scheduled expiration (97.97% of the meeting participants voted in favor of the early termination, 0.87% voted against, 0.81% abstained).
- Elect to the office of the single executive, President of the S.P.Korolev RSC Energia Joint Stock Company Lopota, Vitaly Alexandrovich (97.51% of the meeting participants voted in favor of his election, 1.15% voted against, 0.99% abstained).