The declarative conversion procedure was completed on November 24, 2022. You can use the standard conversion procedure which will remain available up to August 3, 2023 (i.e. within one year from the termination date of the Deposit Agreement).

The right to use the declarative conversion belonged to the Holders of the DRs or the persons in whose interests the Holders possessed and (or) managed such securities (Beneficial Owners), if record-keeping of the rights to the DRs of the Holders or the Beneficial Owners was performed by Foreign Entities and the Holders or the Beneficial Owners could not receive the Shares due to the introduction of restrictions against them and (or) their associated persons, or against foreign entities in charge of record-keeping of the rights to Gazprom DRs, or due to unfriendly actions by foreign states, international organizations, foreign financial organizations, including those related to the introduction of restrictions against the Russian Federation, Russian legal entities and citizens of the Russian Federation.

According to the Law the Depository shall have the right to refuse to open the securities account for the applicant and to credit the respective number of Shares to the said account in case of reasonable doubts about the completeness and (or) reliability of data or in case of lack of data specified in the Application for the declarative conversion and the enclosed documents.