Cherkizovo Group announces results of Board of Directors meeting

April 14, 2020

Moscow, Russia – April 14, 2020 – Cherkizovo Group (MOEX: GCHE), the largest Russian vertically integrated meat producer, announces the resolutions adopted at the Board of Directors Meeting on April 13, 2020.

 

At the meeting, the Board of Directors of Cherkizovo Group PJSC (hereinafter – the Company):

- Re-elected Evgeny Mikhaylov as Chairman of the Board of Directors, Richard Sobel as Deputy Chairman of the Board of Directors and appointed Anastasia Bakhmacheva as Corporate Secretary of the Company.

- Approved quantitative composition and members of the Audit Committee, Personnel & Remunerations Committee and Investment & Strategic Planning Committee of the Board of Directors of the Company.

Elected three independent directors to the Audit Committee: Michael Balay, Filip Kegels and Christopher Warmoth; Christopher Warmoth was elected as Chairman.

Three independent directors were elected to the Personnel & Remunerations Committee: Michael Balay, Filip Kegels and Christopher Warmoth; Filip Kegels was elected as Chairman.

Six directors were elected to the Investment & Strategic Planning Committee: Sergey Mikhaylov, Rafael Fuertes, Michael Balay, Filip Kegels, Christopher Warmoth and Richard Sobel; Sergey Mikhaylov was elected as Chairman.

Determined the quantitative composition of the Management Board – 17 persons, and elected Emin Mammadov to the Management Board.

Wording of resolutions adopted on the agenda issues and voting results will be disclosed in the form of a corporate action notice on resolutions adopted by the Board of Directors.