Shareholder Equity

Dorogobuzh’s authorised capital is RUB 218,859,815 divided into 721,182,860 registered common shares and 154,256,400 registered preferred shares with a par value of RUB 0.25 each.

Shareholder Structure as of December 31, 2011

NoNameInterest, %
1 Acron 61.26%
2 Granit 24.26%
3 National Settlement Depository (nominee holder) 6.13%

Other than the holders listed above, Dorogobuzh’s management is not aware of any holders of the Company’s shares with more than 5 per cent of its authorised capital.