Press releases

Nominations to the interim Board of Directors

PJSC Polyus (LSE, MOEX — PLZL) («Polyus» or the «Company») announces that following persons have been nominated for election to the Board of Directors of the Company (the «Board») at the Extraordinary General Meeting of Shareholders of PJSC Polyus («EGM») to be held on 06 June 2022:

  1. Akhmet Palankoyev (indirect shareholder of 29.99% of the Company’s share capital, nominated by its subsidiary company, AKROPOL GROUP LTD)
  2. Alexey Vostokov (CEO of Polyus, nominated by the Board)
  3. Vladimir Polin (COO of Polyus, nominated by the Board)
  4. Mikhail Stiskin (CFO of Polyus, nominated by the Board)
  5. Julia Andronovskaya (VP for Human Resources & Organizational Development, nominated by the Board)
  6. Feliks Itskov (VP for Commerce and Logistics, nominated by the Board)
  7. Stanislav Pisarenko (VP for Legal and Property Affairs, nominated by the Board)
  8. Anton Rumyantsev (VP for Strategy and Business Development, nominated by the Board)
  9. Victor Drozdov (Director for Communications & Investor Relations , nominated by the Board)

Interim Board

As previously emphasized, the EGM is expected to elect the new interim Board consisting of nine members, as required by the Polyus’ Charter and applicable legislation.

Interim Board will continue the process of identifying potential candidates to fill the roles of Independent Directors and shall put the list of nominations to the Board to shareholders for approval at the Company’s Annual General Meeting («AGM»).

Polyus confirms its intention to form the Board majorly comprised by Independent Directors following the approval of candidates at the AGM.

Polyus

Polyus is the world’s fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold ore reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Investor and Media contact

Victor Drozdov,
Director Communications & Investor Relations (CIR) Department
+7 (495) 641 33 77
drozdovvi@polyus.com

Forward-looking statements

This announcement may contain «forward-looking statements» concerning Polyus and/or Polyus group. Generally, the words «will», «may», «should», «could», «would», «can», «continue», «opportunity», «believes», «expects», «intends», «anticipates», «estimates» or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.