Cherkizovo Group Announces Results of Meeting of Board of Directors

November 14, 2017

THIS ANNOUNCEMENT CONTAINS INSIDER INFORMATION AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FR OM ANY JURISDICTION WH ERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Moscow, Russia – 14 November 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 14 November 2017.

At the meeting, the Board of Directors of the Cherkizovo Group (the “Group”) reviewed the report on the status of action items of the Board of Directors.

The Board of Directors reviewed the consolidated financial statements (IFRS) and press release for the third quarter of 2017.

The Board of Directors reviewed the reports of the Chairman of the Personnel and Remuneration Committee, the Chairman of the Investment and Strategic Planning Committee and the Chairman of the Audit Committee.

Taking into account the significant decrease in the trading volumes of global depositary receipts (“GDRs”), which represent interests in the Group’s shares on the London Stock Exchange (“LSE”), the Board of Directors took the decision to cancel the listing of GDRs on the LSE. The Board of Directors instructed the Group’s chief executive officer to take all necessary steps to implement this decision.

In addition, the Board of Directors approved an interested party transaction.

The person responsible for the release of this announcement on behalf of Cherkizovo Group is Anatoliy Vereschagin (please see details below).

For more information please  http://www.cherkizovo.com or contact Anatoliy Vereschagin

Managing Partner Progress Communications Agency +7 965 334 34 34 av@progresspr.ru