OREANDA-NEWS. July 07, 2010. BANK URALSIB (URALSIB or Bank) (RTS: USBN) announces results of the Annual General Meeting of Shareholders (AGM).

The decision to convene the AGM was made by the Supervisory Board of the Bank on May 24, 2010.

May 24, 2010, was set as the closing date of shareholders’ register for participating in the AGM.

The Bank’s shareholders approved the annual report and annual accounting statements, including profit and loss statements as of the financial year 2009. The AGM elected members of the Revision Commission and approved KPMG as the Bank’s Auditor.

The AGM decided to cover net loss of the Bank for the financial year 2009 at the expense of undistributed profits of past years. The shareholders came to the decision to pass a dividend for the financial year 2009.

The AGM elected the Supervisory Board of the Bank as follows:

Douglas Gardner

Independent member of the Supervisory Board (INED)

Airat R. Gaskarov

First Deputy Prime Minister, Finance Minister of the Republic of Bashkortostan Government

Ildar R. Muslimov

Chairman of the Management Board, OJSC “URALSIB”

Natalia I. Zvereva

Director, Regional social programme foundation “Our future”

Denis I. Korobkov

Head of the Advisors service on investment risk management, OJSC “URALSIB”

Rail S. Sarbaev

Prime Minister of the Republic of Bashkortostan Government

Nikolay A. Tsvetkov

Advisor to the Chairman of the Board of Directors, OJSC “URALSIB”

Ludmila A. Shabalkina

Chief Executive Director of OJSC “Financial corporation URALSIB”

Dmitry G. Shmelev

Head of Corporate Governance, OJSC “URALSIB”

The AGM also decided to approve the interested-party transactions and authorized Audit Firm “Femida-Audit” as the Bank’s Auditor for approving the Prospectus of the OJSC “URALSIB” for the period till the next AGM.