YANDEX ANNOUNCES RESULTS OF 2019 ANNUAL GENERAL MEETING OF SHAREHOLDERS 
  
MOSCOW and AMSTERDAM, Netherlands — June 27, 2019 — Yandex N.V. (NASDAQ: YNDX), a technology company that builds intelligent products and services powered by machine learning, today announced that all resolutions proposed at Yandex’s 2019 Annual General Meeting of Shareholders (“AGM”), held on Thursday, June 27, 2019, have been approved. 

Yandex also announced three re-appointments and two new appointments to its Board of Directors. Rogier Rijnja, Charles Ryan, and Alexander Voloshin were reappointed as non-executive members of the Board of Directors for a three-year term, Mikhail Parakhin was appointed as a non-executive member of the Board of Directors for a one-year term, and Tigran Khudaverdyan was appointed as an executive member of the Board for a one-year term.
  
The total number of Class A shares eligible to vote at the AGM was 288,869,774, with a total of 288,869,774 voting rights; the total number of Class B shares was 37,748,658, with a total of 377,486,580 voting rights. Each Class A share carries one vote; each Class B share carries ten votes. The Class A shares and Class B shares voted together as a single class on all matters at the AGM. 
  
Proposal One — Approval of the extension of the term for the preparation of the 2018 statutory accounts 

The below are the results regarding the proposal to approve the extension of the term for the preparation of the 2018 statutory accounts:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	 589,806,139	  	                       21,656	  	                                309,328	  

Proposal Two — Approval of 2018 statutory accounts 

The below are the results regarding the proposal to approve the 2018 statutory accounts of Yandex:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	589,737,924	  	                      318,551	  	                                80,648	  
  
Proposal Three — Discharge of directors 
  
The below are the results regarding the proposal to grant discharge to the directors for their management during the past financial year:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	587,957,242	  	                       755,080	  	                                1,424,801	  
 
Proposal Four — Re-appointment of Rogier Rijnja
  
The following Director was re-appointed to serve as a member of the Board of Directors for a three-year term: 
  
Director 	  	Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
Rogier Rijnja 	  	579,530,971	  	                    9,527,577	  	                              1,078,575	  
  
Proposal Five – Re-appointment of Charles Ryan
  
The following Director was re-appointed to serve as a member of the Board of Directors for a three-year term: 
  
Director 	  	Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
Charles Ryan 	  	588,126,763	  	                       932,719	  	                             1,077,641	  
  
  
Proposal Six – Re-appointment of Alexander Voloshin
  
The following Director was re-appointed to serve as a member of the Board of Directors for a three-year term: 
  
Director 	  	Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
Alexander Voloshin 498,377,541	  	                     90,681,467	  	                               1,078,115	  

Proposal Seven – Appointment of Mikhail Parakhin
  
The following Director was appointed to serve as a member of the Board of Directors for a one-year term: 
  
Director 	  	Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
Mikhail Parakhin 	  505,180,944	  	                     83,878,031	  	                               1,078,148	  

Proposal Eight – Appointment of Tigran Khudaverdyan
  
The following Director was appointed to serve as a member of the Board of Directors for a three-year term: 
  
Director 	  	Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
Tigran Khudaverdyan  512,128,092	  	           77,998,362	  	                                  10,669	  

Proposal Nine — Cancellation of shares 
  
The below are the results regarding the proposal to cancel Yandex’s 130,000 outstanding Class C shares:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	590,095,012	  	                      21,889	  	                                  20,222	  
  
Proposal Ten — Appointment of Auditor 
  
The below are the results regarding the proposal to ratify the selection by the Audit Committee of the appointment of JSC KPMG, an independent registered public accounting firm and the Russian affiliate of KPMG International, as auditors of the Company’s consolidated financial statements for the 2019 financial year (to be prepared under U.S. GAAP), and KPMG Accountants N.V., its Dutch affiliate, as external auditors of the Company’s statutory annual accounts for the 2019 financial year (to be prepared under IFRS):

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	589,786,271	  	                       345,619	  	                                   5,233	  
  
Proposal Eleven — Amendment to 2016 Equity Incentive Plan 
  
The below are the results regarding the proposal to amend the Company’s 2016 Equity Incentive Plan (the “Plan”) to increase the number of unallocated Class A shares available thereunder to 7.0% of the outstanding share capital of the Company as of March 31, 2019 and to authorize the Board of Directors to grant equity awards and issue Class A shares under the Plan, and to authorize the Board of Directors to exclude the pre-emptive right of subscription for any equity awards to be granted and Class A shares to be issued under the Plan and to authorize the Board of Directors to do anything which may required in connection therewith:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	428,151,933	  	                    160,473,542	  	                      1,511,648	  

Proposals Twelve, Thirteen and Fourteen — General designations and authorizations of the Board of Directors 
  
The below are the results regarding the proposal to authorize the Board of Directors to issue ordinary shares up to 20% of the issued share capital and preference shares up to the authorized share capital of the Company for a period of five years from the date of the AGM:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	403,768,280	  	                    185,580,106	  	                         788,737	  
 
The below are the results regarding the proposal to authorize the Board of Directors to exclude pre-emptive rights of the existing shareholders in respect of the issue of ordinary shares and preference shares for a period of five years from the date of the AGM:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	404,968,204	  	                   184,377,466	  	                                   791,453	  
  
The below are the results regarding the proposal to authorize the Board of Directors for a period of 18 months to repurchase shares in Yandex up to a maximum of 20% of the issued share capital from time to time:

Number of Votes For 	  	Number of Votes Against 	  	Number of Votes Abstained 	  
  	501,376,068	  	                    88,752,439	  	                                   8,616	  
  
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For further information, please visit http://company.yandex.com or contact: 
  
Yandex N.V. 
Investor Relations 
Katya Zhukova  
Phone: +7 495 974-35-38 
E-mail: askIR@yandex-team.ru 
  
Press Office:
Ilya Grabovskiy
Phone: +7 495 739-70-00
E-mail: pr@yandex-team.ru 
 
About Yandex N.V. 
  
Yandex (NASDAQ:YNDX) is a technology company 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 information services. Additionally, we have developed leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers across the globe. Yandex, which has 34 offices worldwide, has been listed on the NASDAQ since 2011.

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