Cian PLC Announces Results of 2022 Annual General Meeting

Rhea-AI Summary

Cian PLC (NYSE: CIAN) held its 2022 Annual General Meeting on September 30, 2022, where all proposed agenda items were approved by shareholders. Key approvals included the Annual Report for 2021, re-appointments of auditors Papakyriacou & Partners Ltd. and AO BST, and the remuneration for both standalone and consolidated auditors. Notably, the voting for the number of Directors and Independent Directors saw significant support, while the Directors' remuneration was also approved, albeit with some dissenting votes.

Positive

• All agenda items approved by a majority vote.
• Strong shareholder support for auditor reappointments and remuneration.
• Favorable voting results for the number of Directors and Independent Directors.

Negative

• 1,628,349 votes against the proposed number of Directors.
• 2,151,253 votes against the re-appointment of Simon Baker as Independent Director.

LARNACA, Cyprus--(BUSINESS WIRE)-- Cian PLC (NYSE: CIAN, MOEX: CIAN) (“Cian”, the “Group” or the “Company”), a leading online real estate classifieds platform in Russia, announces the results of 2022 Annual General Meeting (the “AGM”) held on September 30, 2022. As reflected in the voting results below, all the agenda items proposed for consideration were approved by a majority of the votes cast by shareholders of the Company personally present or represented by proxy at the meeting.

Regarding approval of the Annual Report and Financial Statements for the year ended 31 December 2021 as well as Consolidated Financial Statements as of December 31, 2021 and for the year ended December 31, 2021 and Management report (Item No. 1 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,525,801	82	14

Regarding re-appointment of Papakyriacou & Partners Ltd. as the Company’s Standalone Auditors (Item No. 2.1 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,525,335	547	15

Regarding appointment of AO BST as the Company’s Consolidated Auditors (Item No. 2.2 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,525,751	131	15

Regarding approval of the Consolidated Auditor’s renumeration (Item No. 2.3 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,524,764	636	497

Regarding approval of the Standalone Auditor’s renumeration (Item No. 2.4 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,524,875	626	396

Regarding approval of the number of Directors on the Board of the Company (the “Board”) and the number of Independent Directors of the Board (Item No. 3.1 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	45,897,546	1,628,349	2

Regarding re-appointment of Mr. Simon Baker as the Independent Director of the Company (Item No. 3.2 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	45,374,638	2,151,253	6

Regarding re-appointment of Mr. Douglas W. Gardner as the Independent Director of the Company (Item No. 3.3 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,074,636	451,253	8

Regarding re-appointment of Mr. Vladimir Verkhoshinskiy as the Independent Director of the Company (Item No. 3.4 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	47,074,492	451,401	4

Regarding the approval of Directors' remuneration (Item No. 4 of the Agenda), the final voting results were as follows:

	Votes for	Votes Against	Abstained
	45,143,392	2,329,055	53,450

About Cian

Cian is a leading online real estate classifieds platform in the large, underpenetrated and growing Russian real estate classifieds market, with a strong presence across Russia and leading positions in the country’s key metropolitan areas. The Company ranks among the top seven most popular online real estate classifieds globally in terms of traffic (based on SimilarWeb traffic data for other online real estate classifieds and Google Analytics data for Cian for June 2022). Cian’s networked real estate platform connects millions of real estate buyers and renters to millions of high-quality real estate listings of all types — residential and commercial, primary and secondary, urban and suburban. In the second quarter of 2022, the Company had 1.9 million listings available through its platform and the monthly audience with an average UMV of over 17 million and enjoyed 31% Y-o-Y growth in revenues. Through its technology-driven platform and deep insights into the Russian real estate market the Company provides an end-to-end experience for its customers and users and helps them address multiple pain points on their journey to a new home or place to work.

Source: Cian PLC

View source version on businesswire.com: https://www.businesswire.com/news/home/20221004005799/en/

Investor contacts:

Daria Fadeeva

ir@cian.ru

Media contacts:

Olga Podoliaka

po@cian.ru

Source: Cian plc

FAQ

What were the results of Cian PLC's 2022 AGM?

All proposed agenda items were approved with significant shareholder support.

When was Cian PLC's 2022 Annual General Meeting held?

The meeting was held on September 30, 2022.

What were the voting results for Cian PLC's auditors?

Re-appointments of Papakyriacou & Partners Ltd. and AO BST were approved with majority votes.

How many votes were against the Directors' remuneration at Cian PLC?

There were 2,329,055 votes against the Directors' remuneration.

What is the voting outcome for Independent Directors at Cian PLC?

The re-appointments of Independent Directors received varying support, with significant dissent for Simon Baker.