Codex Recommendations
1. The Corporate Governance Code recommends the introduction of independent members on the Supervisory Board of the Company
2. Placing publications of the information on the joint-stock company subject to mandatory disclosure with translation into English, Russian and the state languages ​​on the website
3.Creating the opportunity for shareholders to vote by e-mail with confirmation by electronic digital signature, as well as holding a general meeting in the mode of video conferencing
Posting on the AO website the results of fundamental, technical analysis by specialists, experts and consultants
Not approved an internal document on the competitive selection of the head and members of the Executive Body.
Explanations
Shareholders are entitled to nominate candidates to the Supervisory Board of Independent Members to the Supervisory Board of the Company, but the list of candidates proposed by the shareholders did not include persons matching the criteria of independent members of the Supervisory Board.
The site is fully provided with information subject to mandatory disclosure in the state language and partially in Russian and English. To date, measures are being taken to translate information into English and Russian.
The issue of creating the necessary conditions is currently being considered.
Fundamental and technical analysis by experts, experts and consultants was not performed.
The Chairman of the Management Board of the JSC is appointed and dismissed by the position of the Cabinet of Ministers of ResUzb. and according to the decision of the regional Khokim of Samarkand