Lenta shareholders at EOSA on July 22, 2020 will consider the change of jurisdiction from Cyprus to a special administrative region on the island of Oktyabrsky in Kaliningrad region of Russia. Thereafter, Lenta and its shareholders will receive the following tax advantages: application of a 5% rate to the tax on dividends paid to non-Russian shareholders, exemption from income tax on controlled foreign companies and capital gains tax on the sale of subsidiaries.