VimpelCom Announces Supervisory Board Nominees

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VimpelCom Ltd

Jun 27, 2014, 05:00 ET

AMSTERDAM, June 27, 2014 /PRNewswire/ -- VimpelCom Ltd ("VimpelCom", "Company" or "Group") (NASDAQ: VIP), a leading global provider of telecommunications services, announced the nomination of ten directors for election to the Company's Supervisory Board at its 2014 annual general meeting of shareholders ("AGM") on July 28, 2014. The record date for the AGM has been set for June 25, 2014.

  • Dr. Hans Peter Kohlhammer
  • Leonid Novoselsky
  • Mikhail Fridman
  • Kjell Morten Johnsen
  • Andrei Gusev
  • Alexey Reznikovich
  • Ole Bjorn Sjulstad
  • Jan Fredrik Baksaas
  • Hamid Akhavan
  • Sir Julian Horn-Smith

The Supervisory Board will continue to consist of 9 directors and therefore the 9 nominees with the highest number of votes will be elected to the Supervisory Board. The election of the Supervisory Board is conducted by cumulative voting, which allows proportionate representation of Shareholders on the Supervisory Board.  Further information about the voting procedures are provided in the proxy material being distributed to shareholders eligible to vote at the AGM.

Members of the Supervisory Board are elected for one-year terms, which will expire at the annual general meeting of shareholders to be held in 2015 (unless the director is removed from office or his office is vacated in accordance with the bye-laws).

About VimpelCom
VimpelCom is one of the world's largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelCom's operations around the globe cover territory with a total population of approximately 753 million people. VimpelCom provides services under the "Beeline", "Kyivstar", "WIND", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of March 31, 2014 VimpelCom had 218 million mobile customers on a combined basis. VimpelCom is traded on the NASDAQ Global Stock Market under the symbol (VIP). For more information visit: http://www.vimpelcom.com.

SOURCE VimpelCom Ltd

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