The general meeting of shareholders of the Company.

The highest governing body is the general meeting of shareholders.

The Company shall hold an annual general meeting of shareholders.

The Annual General Meeting of Shareholders shall be held not earlier than two months and no

later than six months after the end of the fiscal year.

At the annual general meeting of shareholders must be addressed questions about the election of

the Board of Directors, the Audit Commission (internal auditor) of the Company, approval of the

Company's auditor, issues referred to in paragraph 1 of Article 11, 48 of the Federal law on the

election of a person whose powers include the decision to hold a general shareholders' Meeting

and the approval of its agenda (hereinafter referred to as the authorized person of the Company, in

the event that the general meeting of shareholders decided not to create a Board of Directors), as

well as other matters related to the competence of the general meeting of shareholders.

Meetings other than annual general meetings are extraordinary.

If the Board of Directors of the Company is not created, the function of the Board of Directors

of the Company, except for matters related to the calling and holding of the General Meeting of

Shareholders shall general meeting of shareholders of the Company.

In this case, the question of the general meeting of shareholders of the Company and the approval

of its agenda accepted by an authorized person of the Company, who shall be elected by the

annual general meeting of shareholders of the Company for one year.

Voting at the General Meeting of Shareholders based on the principle of "one voting share in the

company - one vote".

Voting on the agenda of the General Meeting of Shareholders shall be by open ballot, unless the

general meeting of shareholders of the Company does not provide for another procedure.

The general meeting of shareholders may be taken without a meeting by absentee ballot.

The Company has all the voting shares are held by a single shareholder, the decisions on

matters within the competence of the general meeting of shareholders shall be adopted by such

shareholder individually and in writing. The provisions of this statute, the procedure and terms

of preparation, convening and holding of the general meeting of shareholders of the Company,

shall not apply, except for the provisions relating to the timing of the annual general meeting of

shareholders of the Company.