QIWI Announces 2021 Annual General Meeting

Rhea-AI Summary

QIWI plc (Nasdaq: QIWI) has announced its 2021 annual general meeting (AGM) scheduled for June 2, 2021, at 10:00 a.m. (Cyprus time). Shareholders of record as of April 15, 2021, may attend and vote. The AGM will address key items: adoption of the 2020 audited financial statements, appointment of auditors, election of directors, and approval of directors' remuneration and amended Articles of Association. Further information and materials related to the AGM are available on the Company's website.

Positive

• Scheduled AGM indicates shareholder engagement and corporate governance.
• Proposed election of directors may enhance company leadership.

Negative

• None.

NICOSIA, Cyprus, April 19, 2021 (GLOBE NEWSWIRE) -- QIWI plc (Nasdaq: QIWI), (MOEX: QIWI) ("QIWI" or the "Company") today announced that its 2021 annual general meeting of shareholders (the "AGM") will be held on Wednesday, June 2, 2021, at 10:00 a.m. (Cyprus time) at 12 Kennedy Avenue, Kennedy Business Centre, 2nd floor, 1087, Nicosia, Cyprus.

Only shareholders of record at the close of business on April 15, 2021 are entitled to receive notice and to vote at the AGM and any adjourned meeting thereof. Holders of the Company's American Depositary Shares (the "ADS") who wish to exercise their voting rights for the underlying shares must act through the depositary of the Company's ADS program, The Bank of New York Mellon. Shareholders are cordially invited to attend the AGM.

At the AGM, the following items will be submitted for shareholders approval:

1. to adopt the Company’s audited financial statements for 2020 financial year;
2. to appoint EY as the Company’s Auditors and to fix Auditors’ remuneration;
3. to elect Directors of the Board of Directors of the Company;
4. to approve Directors’ remuneration, and
5. to approve amended and restated Articles of Association of the Company.

Further details on the agenda and procedural matters related to the AGM will be made available to the Company's shareholders by the Company and the Company's ADS holders through The Bank of New York Mellon.

Copies of certain materials related to the AGM, including Notice for the convocation of the AGM, a marked up version of the Articles of Association, and Board of Directors Nomination Form are available on our website at http://investor.qiwi.com.

About QIWI plc.

QIWI is a leading provider of next generation payment and financial services in Russia and the CIS. It has an integrated proprietary network that enables payment services across online, mobile and physical channels. It has deployed over 18.1 million virtual wallets, over 113,000 kiosks and terminals, and enabled merchants and customers to accept and transfer over RUB 135 billion cash and electronic payments monthly connecting over 31 million consumers using its network at least once a month. QIWI’s consumers can use cash, stored value and other electronic payment methods in order to pay for goods and services or transfer money across virtual or physical environments interchangeably.

FAQ

When is QIWI's 2021 annual general meeting scheduled?

The 2021 annual general meeting of QIWI is scheduled for June 2, 2021, at 10:00 a.m. (Cyprus time).

Who is eligible to vote at the QIWI AGM?

Only shareholders of record at the close of business on April 15, 2021, are entitled to vote at the AGM.

What key items will be discussed at the QIWI AGM?

Key items include adopting the 2020 audited financial statements, appointing auditors, electing directors, and approving directors' remuneration.

How can QIWI ADS holders vote in the AGM?

Holders of QIWI's American Depositary Shares must act through the depositary, The Bank of New York Mellon, to exercise their voting rights.