The highest management body of the joint-stock company MMBP “Forward” is an annual General Shareholders Meeting. The additional General Shareholders Meetings are extraordinary.
The shareholders owning ordinary shares have the right to vote at the General Meeting of Shareholders. Any shareholder, personally or by representative, has the right to participate in the General Meeting of Shareholders.
The meeting is eligible if shareholders participated in, obtains more than half of the votes.
The Board of Directors provides overall guidance to the activity of the company, except of issues matters for the General Shareholders Meeting. Members of the Board of Directors are elected by the General Meeting of Shareholders for the period until the next annual General Meeting of Shareholders.