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Yandex Provides Update on Timing of AGM

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MOSCOW, RUSSIA and AMSTERDAM, NETHERLANDS / ACCESSWIRE / June 22, 2022 / Yandex (NASDAQ:YNDX)(MOEX:YNDX), one of Europe's largest internet companies, today announced that its 2022 Annual General Meeting of Shareholders (AGM) will be held later this year. This schedule is intended to allow sufficient time for the completion of the audit of the Company's 2021 Dutch statutory accounts prepared under IFRS in light of ongoing unprecedented geopolitical circumstances. No issues with the statutory accounts have been identified to date. The Company issued its audited consolidated financial statements prepared under US GAAP on April 20, 2022, which can be accessed here: Annual Report on Form 20-F.

About Yandex

Yandex (NASDAQ and MOEX: YNDX) is a technology company registered in the Netherlands that builds intelligent products and services powered by machine learning. Our goal is to help consumers and businesses better navigate the online and offline world. Since 1997, we have delivered world-class, locally relevant search and navigation products, while also expanding into e-commerce, online entertainment, cloud computing and other markets to assist millions of consumers in Russia and a number of international markets.

More information on Yandex can be found at https://ir.yandex/.

Contacts:

Investor Relations
Yulia Gerasimova
Phone: +7 495 974-35-38
E-mail: askIR@yandex-team.ru

Media Relations
Ilya Grabovskiy
Phone: +7 495 739-70-00
E-mail:pr@yandex-team.ru

SOURCE: Yandex N.V.



View source version on accesswire.com:
https://www.accesswire.com/706120/Yandex-Provides-Update-on-Timing-of-AGM

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About YNDX

yandex is one of the largest internet companies in europe, operating russia’s most popular search engine and one of its most visited websites. we generated almost 60% of russia’s search traffic in q4 2014 (liveinternet), while our sites attracted over 62 million unique visitors in december 2014 (tns). yandex creates services for people, with both a deep understanding of their interests and profound knowledge of their reality. all of our products and services are created with the mission to make people’s lives easier and better and provide them with the tools to discover new possibilities in their lives. practically all of yandex’s services use machine learning – including in the ranking of search results, serving online advertisements, and performing translations. in 2009 we developed and implemented our own machine learning method – matrixnet. thanks to our speech recognition technology, users can communicate verbally with the yandex.navigator street navigation app instead of typi