Board appointments

Polymetal announces appointments to its Board of Directors.

Polymetal announces that Janat Berdalina, Steven Dashevsky, Evgueni Konovalenko and Paul J. Ostling, have been appointed to the Board as Independent Non-Executive Directors with effect from 17 March 2022. Following these appointments, the Board will consist of seven members, of which five are independent non-executive directors.

Janat Berdalina

Ms Berdalina is an audit, reporting, tax and management consulting professional. She was a Co-shareholder, Managing Partner and President of KPMG in Kazakhstan and Central Asia as well as a Board Member of KPMG in the CIS for more than a decade. Janat also held Independent Director positions at several Kazakh entities including Kazakhstan Stock Exchange, KazTransGas, Kazpost. She was an executive at the Foreign Investors’ Council in Kazakhstan and actively participated in the development of the Tax Code and the Law on Auditing in the country. Janat is engaged in education work as the Chairwoman of Board of trustees of Alma University (Kazakhstan), a partner of Arizona state university (USA). Ms Berdalina holds an Executive MBA from Ecole Nationale des Ponts et Chaussees, France, a degree in economics from the Academy of Management, Almaty, Kazakhstan and a degree in international business from Bristol University, UK.

Steven Dashevsky

Mr Dashevsky is an investment professional with more than 20 years of experience in financial markets. Mr Dashevsky works as the Chief Executive Officer of D&P Advisors LLP, a UK-based, FCA-regulated investment management company. Prior to founding D&P Advisors LLP, Mr Dashevsky held various senior management positions in leading financial services firms.

Evgueni Konovalenko

Mr Konovalenko has extensive experience in investment banking and since 2005 has held various executive positions in Renaissance Capital, including current role of Managing Director, Head of International Equities and FICC Sales. Prior to joining Renaissance Capital, he worked at UBS London as Vice President, Structured Products Group. Mr Konovalenko holds BA in Economics from Columbia College of Columbia University, New York, NY, USA, and MBA from Solvay Business School, University Libre de Bruxelles (ULB), Brussels, Belgium.

Paul J. Ostling

Paul J. Ostling is a seasoned executive with a more than 40 years of experience. In a career spanning thirty years with E&Y, he was one of the architects of E&Y’s businesses in Russia and Eastern Europe from 1991; and, ultimately, as the Global Executive Partner (1994-2003) and Global COO (2003-2007), the developer of E&Y’s unifying global governance and rewards system. After leaving E&Y in 2007, he has served on a number of boards of directors and run several companies.

Previous directorships:

• Urakali (MOEX), Senior Independent Non-Executive Director (2011-2022 resigned), Chairman Audit Committee, Chairman of Remuneration and Positions Committee.

• JKX Oil & Gas PLC (LSE), Chairman of Board of Directors (2015-2018).

There is no further information required to be disclosed under paragraph 9.6.13 of the United Kingdom Listing Rules in respect of the above appointments.