Exhibit 99.1
YANDEX ANNOUNCES RESULTS
of MEETING OF HOLDERS OF CLASS A ORDINARY SHARES
AND 2023 ANNUAL GENERAL MEETING OF SHAREHOLDERS
MOSCOW, the Russian Federation, and AMSTERDAM, the Netherlands — June 30, 2023 — Yandex N.V. (NASDAQ: YNDX) (the “Company”), the Dutch parent company of the Yandex Group, today announced that all resolutions proposed at the Meeting of Holders of Class A Ordinary Shares (the “Class A Meeting”) and the 2023 Annual General Meeting of Shareholders of the Company (the “AGM”), both held on Friday, June 30, 2023, have been approved.
The Company also announced one re-appointment to its Board of Directors. Alexei Yakovitsky was re-appointed as a non-executive member of the Board of Directors for a four-year term.
The total number of Class A shares eligible to vote at the Class A Meeting and the AGM was 325,877,318, with a total of 325,877,318 voting rights; the total number of Class B shares eligible to vote at the AGM was 35,698,674, with a total of 356,986,740 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.
Meeting of Holders of Class A Ordinary Shares
Proposal One — Merger of Yandex N.V. and Yandex Media Services B.V.
The below are the results regarding the proposal to approve pursuant to Article 27.2 of the current Articles of Association of the Company the proposed resolution of the Board of Directors to resolve upon the legal merger of the Company (acquiring company) with Yandex Media Services B.V. (disappearing company) in accordance with Merger Proposal 1:
| Number of Votes For | | Number of Votes Against | | Number of Votes Abstained | |
| 57,960,929 | | 42,091 | | 91,585 | |
Proposal Two — Merger of Yandex N.V. and Yandex.Classifieds Holding B.V.
The below are the results regarding the proposal to approve pursuant to Article 27.2 of the current Articles of Association of the Company the proposed resolution of the Board of Directors to resolve upon the legal merger of the Company (acquiring company) with Yandex.Classifieds Holding B.V. (disappearing company) in accordance with Merger Proposal 2:
| Number of Votes For | | Number of Votes Against | | Number of Votes Abstained | |
| 57,960,421 | | 42,245 | | 91,939 | |