OREANDA-NEWS. At Annual General Meeting held on 15 June the following resolutions were passed:

• Elect A.A. Mordashov, M.V. Noskov, A.N. Kruchinin, V.A. Makhov, V.A. Shvetsov, Christopher Clark, Ronald Freeman, Peter Kraljic, Martin Angle, and Rolf Stomberg to the Board of Directors of OAO Severstal;
• Elect (appoint) Alexey Alexandrovich Mordashov,  Chief Executive Officer of OAO Severstal, for a period of three (3) years;
• Approve  OAO Severstal Charter (new version));
• Approve the Regulations for  OAO Severstal Board of Directors (new version);
• Elect Roman Ivanovich Antonov, Alexei Igorevich Guryev, and Sergei Nikolayevich Fedoseyev to the OAO Severstal Inspection Commission;
• Approve  CJSC "KPMG" as  OAO Severstal’s Auditor;
• Approve the interested-party transaction (a number of interrelated transactions) between OAO Severstal and OAO Promishlenno-Stroitelniy Bank (Bank), PSRN 1027800000271 for the placement of temporarily surplus funds in deposit (deposits) in the RF currency and foreign currency at an interest rate of no less than 3 % per annum within the limits of the amount of One hundred fifty billion (150 000 000 000) rubles.