Arselormittal Kryvyi Rih PAT : PJSC “ArcelorMittal Kryvyi Rih” has held stockholders meeting

PJSC "ArcelorMittal Kryvyi Rih" has held stockholders meeting Kryvyi Rih, April 28, 2016. Today PJSC "ArcelorMittal Kryvyi Rih" held annual stockholders meeting, considered Executive body report 2015, Supervisory board report 2015, report and conclusions of Revision commission in 2015, approved Annual report, made decision on allocation of profits, approved new edition of the statute of PJSC "ArcelorMittal Kryvyi Rih", of provision about stockholders meeting and of provision about Supervisory board. New membership of Supervisory board has been approved.

Performance of ArcelorMittal Kryvyi Rih in 2015:
• FY 2015 net revenues of UAH 46.26 billion;
• FY 2015 net profit of UAH 1.38 billion.

As a result of approval of allocation of profits order it was made the decision to use profit from financial and business activity of PJSC "ArcelorMittal Kryvyi Rih" in 2015 for production development

Reference:
General meeting of stockholders is supreme management body of ArcelorMittal Kryvyi Rih. General meeting of stockholders has a right to take decisions in all activities of the enterprise including issues controlled by Supervisory Board and CEO except cases established under legislation. This meeting is held annually not later than April 30.