MD Medical Group Annual General Meeting Results

MD Medical Group Investments Plc (“MD Medical Group,” “MDMG,” the “Group” or the “Company” – MOEX: MDMG), a leading Russian private healthcare provider, announces the results of its Annual General Meeting («AGM») of shareholders

The AGM was held on 25 April 2024 at Lapino hospital at 10.00 am Moscow time and had a 73.47% quorum with 55,196,080 shares of issued share capital present. The AGM passed the following special resolutions by a majority of members:

1. To approve the consolidated financial statements of the Company for the financial year ended 31 December 2023, together with the reports of the directors and independent auditors;

2. To appoint Joint Stock Company KEPT as the auditor of the Company for 2024, to hold office until the conclusion of the next annual general meeting of the Company and to authorize the Board of Directors to determine the remuneration of the auditors;

3. To appoint Mr. Vladimir Mekler as an independent non-executive director of the Company and the Chairman of the Board of Directors without remuneration, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025;

4. To appoint Mr. Mark Kurtser as an executive director of the Company without remuneration, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025;

5. To approve Mr. Sergey Kalugin as a senior independent non-executive director of the Company with an annual remuneration of RUR 4 000 000 to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025;

6. To appoint Mrs. Tatiana Lukina as an independent non-executive director of the Company with an annual gross remuneration of RUR 1 500 000, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025.

7. To appoint Mr. Vitaly Ustimenko as an independent non-executive director of the Company with an annual gross remuneration of RUR 1 500 000, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025.

8. To appoint Mr. Yury Kudimov as an independent non-executive director of the Company with an annual gross remuneration of RUB 1 500 000, to hold such office until the conclusion of the annual general meeting of the Company to be held in 2025;

9. The payment of a dividend out of the profits made during the year 2023 is not hereby approved due to the difficulties in making payments until the end of the Company’s redomiciliation process;

10. To approve by the way of special resolution that the current Memorandum and Articles of Association of the Company shall be superseded by the new charter substantially in the form of the draft reviewed and considered by the shareholders from the date of registration of the Company as an international public joint-stock company in the Unified State Register of Legal Entities of the Russian Federation subject to minor amendments, modifications or additions thereto as the Directors may deem fit.

The detailed information about the AGM resolutions are available at the Corporate Information Disclosure Center, located at: https://e-disclosure.ru/portal/company.aspx?id=38301

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About MD Medical Group

MD Medical Group is a leading provider in the Russian private healthcare service market. The Company manages 55 modern healthcare facilities, including 11 hospitals and 44 out-patient clinics in 27 regions of Russia. In 2023, MD Medical Group's revenue amounted to RUB 27.6 bln while EBITDA was RUB 9.2 bln. The Company's GDRs are traded on Moscow Exchange (MOEX: MDMG).