In accordance with a resolution at the Annual General Meeting in 2012, Alliance Oil Company Ltd’s nomination committee shall be appointed by the four largest shareholders in the company. The four largest shareholders in Alliance Oil Company Ltd are Betino Investments Limited, Alliance Group OJSC, CJSC Alliance Capital and Repsol Exploracion S.A.
These four shareholders have appointed the following representatives together with the Сompany’s chairman of the board, to constitute the nomination committee for the Annual General Meeting 2013:
Carl Svernlöv, Chairman of the nomination committee representing Betino Investments Limited
Fred Boling, representing Alliance Group OJSC
Andrei Sletov, representing CJSC Alliance Capital
Ignacio Marroquin, representing Repsol Exploracion S.A.
Eric Forss, Chairman of the board Alliance Oil Company Ltd
The Nomination Committee shall present a proposal for election of the Board of Directors as well as related questions for adoption at the Annual Shareholders’ Meeting and complete the tasks and consider the independence of the Directors as set out in the Swedish Code of Corporate Governance.
The Annual General Meeting will be held in Stockholm on May 22, 2013.
Shareholders who would like to submit proposals to the Nomination Committee can do so via e-mail: info@allianceoilco.com or to Advokat Carl Svernlöv, Baker & McKenzie Advokatbyrå KB, P.O. Box 180, Vasagatan 7, SE-101 23 Stockholm, Sweden, carl.svernlov@bakermckenzie.com, not later than March 31, 2013.
For further information:
Carl Svernlöv, Chairman of the nomination committee, phone +46-8-566 177 00
Eric Forss, Chairman, Alliance Oil Company Ltd., phone +46 8 611 49 90
Also visit www.allianceoilco.com
Alliance Oil Company Ltd is a leading independent oil company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has proved and probable oil reserves of 760 million barrels of oil equivalent and downstream operations that includes the Khabarovsk refinery and the leading network of gas stations and wholesale oil products terminals in the Russian Far East. Alliance Oil's depository receipts are traded on the NASDAQ OMX Nordic under the symbol AOIL.
