PJSC “Research and production corporation “United Wagon Company” (“RPC UWC” or the “Company”) (MOEX: UWGN) announces the resolutions taken at the Extraordinary General Meeting of the Company’s Shareholders (the “EGM”) held on 13 December 2016.

The meeting resolved that

  1. The following related party transaction: the Suretyship Agreement dated 21 October 2016 with CREDIT BANK OF MOSCOW PJSC executed for the purposes of securing the obligations of “Trade House “United Wagon Company” LLC under the Bank Guarantee Agreement dated 21 October 2016 with CREDIT BANK OF MOSCOW PJSC, be approved
  2. The following related party transaction: the Corporate Suretyship Agreement dated 27 October 2016 with Otkritie FC Bank PJSC for the purposes of securing the obligations of Transmashenergo LLC under Credit Facility Agreement dated 12 April 2012 with Otkritie FC Bank PJSC, as amended, be approved