OREANDA-NEWS. July 03, 2012. Joint Stock Company “United Aircraft Corporation” [RTS ticker: UNAC; MICEX ticker: UNAC] held its annual general shareholders meeting in Moscow, chaired by UAC President Mikhail Pogosyan, reported the press-centre of UAC.

JSC “UAC” annual general shareholders’ meeting agenda agreed on May, 16 2012 by the Board of Directors. Earlier, the 2011 annual report and financial statements based on the fiscal year results were approved and recommendations to shareholders to approve the annual report were given.

The board also approved and recommended to the Shareholders the procedure of distribution of profits and lists of candidates to Board of Directors and JSC “UAC” audit committee.

During the shareholders’ meeting JSC “UAC” President Mikhail Pogosyan noted the continuing growth of the Corporation’s indices: total revenue for the period from 2008 to 2011 almost doubled and amounted to 162 billion rubles in 2011. Annual average revenue growth equaled 22% - which is considerably superior to market averages. From 2008 to 2011 JSC “UAC” enterprises delivered 347 aircraft to their Customers, with more than 100 of them delivered in 2011.

JSC “UAC” annual general shareholders’ meeting approved the 2011 Annual Report and financial statements based on the fiscal year results, including revenue and losses report for 2011.

The shareholders also decided not to pay dividends for the year 2011.

The following Board of Directors of UAC was elected by the shareholders:

Boris ALESHIN (TsAGI General Director);
Yury BORISOV (Government Military-Industrial Committee Chairman First Deputy);
Oleg DEMCHENKO (UAC Senior Vice-president);
Vladimir DMITRIEV (Chairman of Vnesheconombank);
Ilya ELISEEV (Gazprombank Deputy Chairman);
Alexander ZELIN (Advisor to the Minister of Defense of the Russian Federation);
Andrey KLEPACH (Deputy Minister of Economic Development);
Evgeny LYAMTSEV (Razvitie-Stolitsa Bank Counselor to the Chairman);
Valery OKULOV (Deputy Minister of Transport);
Mikhail POGOSYAN (UAC President);
Vladislav PUTILIN (ROSNANO Chairman of the Board of Directors) – independent director;
Andrey REUS (OBORONPROM General Director);
Yury SOLOVIEV (VTB President First Deputy);
Sergey CHEMEZOV (General Director of Russian Technologies State Corporation).
The following Audit Committee of UAC was elected by the shareholders:
Elena LITVINA;
Vladimir MAKSIMENKO;
Nadezhda MARKINA;
Vyacheslav ULUPOV;
Vladislav FEDOTOV.

HLB Vneshaudit (Moscow) was approved as UAC’s independent auditor for 2011.

More than 97.5% of shareholders took part in the annual general shareholders meeting, more than 99% of them voted positively on all agenda issues.