Cherkizovo Group Announces Results of Meeting of Board of Directors

September 13, 2017

Moscow, Russia – 13 September 2017 – Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the results of the meeting of the Board of Directors held on 12 September 2017.

At the meeting, the Board took into consideration the report of the chairman of the Investment and Strategic Planning Committee and information on plans to acquire the Group’s securities from non-affiliated entities. The Board of Directors approved the text of the offer of the legal entity controlled by the Group for the acquisition of securities of the Group.

The Board of Directors decided to approve the Regulations of the Corporate Secretary of Cherkizovo Group in its revised form.

The reports of the chairman of Audit Committee and the chairman of Personnel and Remuneration Committee, along with updates on the performance and status of projects the Board had previously approved, will be reviewed at the next in-person meeting of the Board of Directors.