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Shareholder vote on divestment of Russia-based businesses

Company: Nebius

Subject kind
acquisition
Statement date
2024-03-03
Promised by
2024-03-07
Current status
verified

What the later record shows

Delivered on time

P1 reports the vote counts and results of the Class A Meeting and the EGM on the Sale proposal, so the meetings and vote took place. The passage gives no meeting date, but its document date is no later than the promised 7 March 2024.

“Results of the Class A Meeting Proposal One — Approval of the Resolution of the Board to enter into the Sale”
2024-03-06 · nebius 8-K exhibit (yndx-20240307xex99d1.htm) View cached copy (2026-11-09)Live source ↗
“The Class A shares and Class B shares voted together as a single class on all matters at the EGM.”
2024-03-06 · nebius 8-K exhibit (yndx-20240307xex99d1.htm) View cached copy (2026-11-09)Live source ↗

Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Yandex N.V. scheduled its EGM and Class A shareholder meetings for 7 March 2024, where shareholders would vote on the proposal to divest its Russia-based businesses and retire corporate governance and capital structures introduced in 2019.

Source (primary)

nebius 8-K exhibit (yndx-20240304xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024. Yandex N.V. brings to shareholders for their approval the proposal to divest its Russia-based businesses and to retire various corporate governance and capital structures introduced in 2019”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The March 4, 2024 press release states the meeting date and says shareholders were being asked to approve both the divestment of the Russia-based businesses and the retirement of governance and capital structures introduced in 2019.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000006/yndx-20240304xex99d1.htm) in full (5,484 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms nebius 8-K exhibit (yndx-20240304xex99d1.htm)

Quote: “the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024. Yandex N.V. brings to shareholders for their approval the proposal to divest its Russia-based businesses and to retire various corporate governance and capital structures introduced in 2019”

View cached copy (2026-11-09)Live source ↗

confirms nebius 8-K exhibit (yndx-20240307xex99d1.htm)

Quote: “Results of the Class A Meeting Proposal One — Approval of the Resolution of the Board to enter into the Sale”

View cached copy (2026-11-09)Live source ↗

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.