According to the newly adopted law entering into force on July 01, 2021 and amending the Russian Civil Code, the term "in-person voting" will be substituted with the term "meeting". Therefore, the shareholders will be able to vote at the meeting remotely using electronic or other technical means that make it possible to reliably identify the person taking part in the meeting, for example, using a web conference. Such voting will not be considered as absentee voting. New voting possibilities will be available if provided by law, the company’s charter, or shareholders’ decision taken unanimously.
Absentee voting will be carried out by sending to the participants of the company’s documents, including in electronic form, which contains information about the voting. Minutes of meetings and absentee voting can now be drawn up in electronic form.
NAZALI TAX & LEGAL