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United Company RUSAL Plc (0486.HK)

0486.HK on Hong Kong Stock

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14 Dec 2018
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Summary

Name Age Since Current Position

Matthias Warnig

63 2012 Non-Executive Independent Chairman of the Board

Vladislav Soloviev

45 2018 President

Evgeny Nikitin

52 2018 Chief Executive Officer, Executive Director

Oleg Mukhamedshin

42 Deputy CEO, Director for Strategy, Business Development and Financial Markets, IR Contact

Alexey Arnautov

2014 Deputy Chief Executive Officer, Director For New Projects

Petr Maximov

42 2012 General Counsel

Sergey Popov

42 2018 Executive Director

Evgeniy Vavilov

33 2018 Executive Director

Steve Hodgson

48 2012 Director of Sales and Marketing

Roman Andryushin

40 2014 Head of the Russia and CIS Sales

Maxim Balashov

44 2014 Director for Natural Monopolies relations

Alexey Barantsev

55 2012 Head Engineering and Construction Business

Sergey Belsky

48 2014 Chief Operating Officer- Sales

Dmitry Bondarenko

36 2010 Director for Production Development

Sergey Chestnoy

52 2013 Director for International and Special Projects

Valery Freis

61 2008 Director for Security

Sergey Goryachev

41 Head of Packaging Division

Alexander Gutorov

43 2014 Director- Business Support

Yakov Itskov

49 2014 Director of Alumina Division

Egor Ivanov

41 2012 Director - Control, Internal Audit and Business Coordination

Victor Mann

56 2014 Technical Director

Pavel Ulyanov

43 Director- Energy Division

Oleg Vaytman

46 2012 Director - Government Relations - Moscow Branch of RUSAL Global Management B.V.

Po Ying Wong

50 2009 Hong Kong Company Secretary

Vyacheslav Solomin

43 2018 Non-Executive Director

Timur Valiev

39 2018 Non-Executive Director

Oi-sie Elsie Leung

79 2009 Non-Executive Independent Director

Philippe Mailfait

67 2018 Non-Executive Independent Director

Marco Musetti

49 2016 Non-Executive Independent Director

Jean-Pierre Thomas

61 2018 Non-Executive Independent Director

Dmitry Vasiliev

2015 Independent Non-Executive Director

Bernard Zonneveld

60 2016 Independent Non-Executive Director

Biographies

Name Description

Matthias Warnig

Mr. Matthias Arthur Warnig is Non-Executive Independent Chairman of the Board of United Company RUSAL Plc with effect from October 1, 2012. Mr. Warnig, since 2006, has been the Managing Director of Nord Stream AG (Switzerland). Since 2003 he has been a member of the Board of Directors of JSC “Bank “Rossija”. Since 2014, Mr. Warnig has been a member of the Supervisory Board of VNG – Verbundnetz Gas Aktiengesellschaft (Germany). Mr. Warnig has been an independent member of the Supervisory Council of JSC VTB Bank since 2007. Since 2011, he has been President of the Board of Directors of GAZPROM Schweiz AG (Switzerland). He has also been the Chairman of the Board of Directors of JSC Transneft since June 2011. Since September 2011, Mr. Warnig has been an Independent Director of OJSC Rosneft and he has been the Vice-chairman of the Board of Directors of OJSC Rosneft since July 2014. Since November 2013, he has also been the President of the Board of Directors of Gas Project Development Central Asia AG (Switzerland). From 1997 to 2005 he was a member of the Executive Board of ZAO Dresdner Bank. From early 1990s to 2006, he held other different positions at ZAO Dresdner Bank, including President, Chairman of the Board and Chief Coordinator. In 1981, Mr. Warnig graduated from the Higher School of Economics (Berlin) majoring in National Economy. Mr. Warnig was independent from and not related to any other Directors, members of senior management, substantial shareholders or controlling shareholders of the Company as at the end of the financial year.

Vladislav Soloviev

Mr. Vladislav Soloviev is President, Executive Director of United Company RUSAL Plc. Mr. Soloviev will remain as President of the Company, with effect from June 28, 2018. Mr. Soloviev remains an executive Director of the Company. As the President of the Company, Mr. Soloviev will be responsible for strategy and corporate development; external communications (public, government, international); supervision of the investment in Norilsk Nickel; succession planning; investor relations; research and development (including the supervision of such projects and the development of production systems) and coordination of initiatives on development of internal market.

Evgeny Nikitin

Mr. Evgeny Nikitin is Chief Executive Officer, Executive Director of United Company RUSAL Plc. Mr. Nikitin was appointed as the acting CEO of the Company in May 2018 and RUSAL’s Head of Aluminium Division in January 2014. Before that he held the office of Director of Aluminium Division East since October 2013. Prior to that appointment Mr. Nikitin was the Managing Director of Krasnoyarsk aluminium smelter (KrAZ), one of the world’s largest aluminium production facilities. From 2007 to 2010, he was managing director of the Sayanogorsk smelter (SAZ) after beginning his career with RUSAL as a pot operator back in 1993. Mr. Nikitin was born on 11 March 1966. He graduated from the Moscow State Technical University of Civil Aviation (MSTUCA) in 1989 and from Lomonosov Moscow State University with a degree in Business management (MBA) — production systems in 2009.

Oleg Mukhamedshin

Mr. Oleg Irekovich Mukhamedshin serves as Deputy CEO, Director for Strategy, Business Development and Financial Markets, IR Contact of UNITED COMPANY RUSAL PLC. Prior to his current position, he worked as the Head of Equity and Corporate Development, Director for Financial Markets, and Director for Capital Markets from 2007 to 2011. He is responsible for developing and implementing the Group’s strategy covering M&A and growth projects, debt and equity capital markets, as well as maintaining investor relations. In 2009-2011, he led the restructuring of UC RUSAL’s USD16.6 billion debt in and its USD2.2 billion IPO on the Hong Kong Stock Exchange and Euronext Paris in 2010. Under his leadership, UC RUSAL was the first company to launch a Russian Depository Receipts program. From 2006 to 2008, he was involved in the preparation and implementation of the Company’s major M&A transactions, including the acquisition of a 25% stake in MMC Norilsk Nickel, its merger with SUAL and Glencore’s bauxite and alumina assets. From August 2004 through to March 2007, he was the Deputy CFO, overseeing corporate finance. From 2000 to August 2004, he was Director of Department for Corporate Finance.

Alexey Arnautov

Mr. Alexey Arnautov is Deputy Chief Executive Officer, Director For New Projects of United Company Rusal Plc since February 2014. He was appointed Director of Aluminium Division West in July 2010. Aluminium Division West, which encompasses the VgAZ, VAZ, KAZ and NAZ, Zaporozhye Aluminium Complex (Ukraine) and KUBAL (Sweden), as well as the aluminium production facilities of the Urals and Bogoslovsk aluminium smelters, concentrates its efforts on the production of value-added products. The western smelters, situated near European customers, focus on supplying end consumers and working together with clients to create new value-added products. This task requires the implementation of modernisation projects and advanced training of staff. Mr. Arnautov assumed the role of Acting Director of the Aluminium Division of the Moscow Branch of RUSAL Global in March 2009. He was responsible for raising efficiency as well as achieving high-performance results from the division’s assets. He was also in charge of developing a new production management system, which aimed to match the world’s best practices. Prior to this appointment, Mr. Arnautov was Financial Director of the Aluminium Division from April 2006. From November 2004 until April 2006, he was the Director of the financial department of the ECD. From 1998 to 2000, he held several positions in financial services at Sibneft Oil Company. He began his professional career in Noyabrskneftegaz in the Far North of Russia in 1996. Mr. Arnautov graduated from Donbass State Academy of Construction and Architecture with a degree in Engineering and Construction in 1996. He received a degree with honours from the International Academy of Entrepreneurship in 1998 and an MBA in Economics from the Institute of Business and Economics at California State University in 2004.

Petr Maximov

Mr. Petr Maximov is General Counsel at United Company RUSAL Plc., since July 2012. Before he joined the Group, Mr. Maximov was the Deputy CEO for Legal and Corporate Matters in Novorossiysk Sea Trade Port. From 2005 to 2009, he was a Corporate Assets Director in charge of the legal department of EastOne (Interpipe) Investment Group. Mr. Maximov was a member of the Board of Directors of TNK-BP Ukraine and EastOne Group UK. From 2004 to 2005, he headed the legal department of COACLO AG Investment Company and was a member of the Board of Directors of OAO Mikhailovsky GOK. From 1995 to 2004, Mr. Maximov worked at a number of global leading law firms, namely: Milbank, Tweed, Hadley & McCloy; Coudert Brothers; Debevoise & Plimpton; and Squire, Sanders & Dempsey. In 2001 Mr. Maximov graduated with an LLM degree from Columbia University School of Law, New York, USA. In 1999 he graduated from Moscow State University with a Diploma in Law (magna cum laude). In 1994 he graduated from the Moscow Technical College with a Diploma in Engineering (magna cum laude). Mr. Maximov is an expert in M&A deals, international investments and corporate governance. He has managed the acquisitions and disposals of some of the largest assets in Russia and abroad. His corporate law studies have been published by a number of international legal newsletters and magazines.

Sergey Popov

Mr. Sergey Popov is Executive Director of the company. He graduated from the Siberian Federal University, program of study “Organization Management”. Since May 2011, Mr. Popov has been the public representative of RUSAL Global Management B.V. in Krasnoyarsk, division deputy director of the public relations and public authorities in the regions of presence. Since 2011, Mr. Popov has been the author and curator of the interregional ecological project “Day of the Yenisei”. In 2013, the project achieved the Regional Award in the field of public relations development named “Silver Archer”-Siberia in the nomination “The best project in the field of social communications and charity.” The author and developer of the vocational guidance project (All-Russian Olympiad for school pupils) was named “13th element. Alchemy of the future”. Mr. Popov is the permanent curator of the Company’s charity and social projects in the Siberian regions and a participant in the development of agreements on social and economic partnership with the administrations of the territories of presence. He is also one of the authors of the law “On Industrial Policy of the Krasnoyarsk Territory”. From April 2009 to April 2011, Mr. Popov was the Administration of the Krasnoyarsk Region Governor - Head of the Press Service of the Krasnoyarsk Region Government / Head of the Information Policy Department of the Krasnoyarsk Region Governor / Head of the Information Policy Department of the Krasnoyarsk Region Governor. Mr. Popov previously held various other positions, including the head of the department for work with government bodies, public organizations and the media of OJSC “Interregional Distribution Grid Company of Siberia” from March 2008 to October 2008.

Evgeniy Vavilov

Mr. Evgeniy Vavilov is Executive Director of the company. He graduated from the Siberian Federal University, program of study “Machines and technologies of foundry production”. Since November 2013, Mr. Vavilov has been the senior master of the foundry directorate of OJSC “RUSAL Krasnoyarsk”. From September 2010 to November 2013, Mr. Vavilov was the master of production technology of the foundry directorate of OJSC “RUSAL Krasnoyarsk”. Mr. Vavilov was the master of DplP shift of the foundry directorate of OJSC “RUSAL Krasnoyarsk” from November 2009 to August 2010, the acting master of the shift of the foundry directorate of OJSC “RUSAL Krasnoyarsk” from April 2009 to October 2009, and the foundry man of non-ferrous metals of the foundry directorate of OJSC “RUSAL Krasnoyarsk” from August 2007 to March 2009. Under the leadership of Mr. Vavilov projects such as “Reducing the formation of process waste from aircraft No. 16 in LO No. 1 at JSC “RUSAL Krasnoyarsk””, “Increasing the release of alloys during the overhaul of the M10 mixer from 3 to 4 melts” were opened and implemented.

Steve Hodgson

Mr. Steve Hodgson is Director of Sales and Marketing of United Company Rusal Plc since September 2012. He is responsible for developing the Group’s positions in the key aluminium markets, building and strengthening the Company’s global customer relations. Before taking up his current role, from 2007 until 2010 Mr Hodgson was CEO and President of the Bauxite and Alumina Division of Rio Tinto Alcan. During this period he also held the post of President of the Australian Aluminium Council. Prior to this, he was the Managing Director of Rio Tinto’s Diamond Division. From 2004 to 2006, he was Managing Director of the Company’s Alumina Division following a successful two years with the Group as its Head of Sales, based in Moscow. From 1997 to 2002, Mr Hodgson was head of the International Sales and Marketing arm of Comalco (later renamed Rio Tinto Aluminium). Mr Hodgson started his career with Comalco in New Zealand as a process engineer and rose to become the manager of the Metal Products Division and, later, the head of the Metal Products Division of Anglesey Aluminium Metal Ltd. in North Wales. Steve Hodgson holds an honours degree from the School of Engineering, Auckland University, New Zealand.

Roman Andryushin

Mr. Roman Andryushin is Head of the Russia and CIS Sales of United Company RUSAL Plc., since February 1, 2014. Roman Andryushin is responsible for marketing and sales of a wide range of products in Russia and CIS, as well as for incentivising domestic industries to grow their aluminum consumption and search for new sales markets, including development of new products by the Group. Since 2007 Roman has been the Chief Operating Officer of RUSAL Marketing GmbH, Swiss office responsible for international sales. In this position he was involved in creation of an efficient sales organisation, relations with key customers, optimisation of supply chain, increase of value-added products sales and immediately responsible for the operational management of the Group’s export sales. In 2003 - 2007 Roman Andryushin worked as CFO of ZAO ‘Komi Aluminium’ (which at the time was a joint venture of RUSAL and SUAL for bauxite mining and alumina production), CFO of the Rolling Division of RUSAL and CFO of Alcoa Russia. In 1996 - 2002 Mr. Andryushin held a few key positions with the Belaya Kalitva metallurgical complex. Roman Andryushin graduated with honours from the Novocherkassk State technical University, Economics and Management Department. Later he obtained an EMBA degree from the Lorange Institute of Business, Switzerland and an MBA from University of Wales, United Kingdom. He also holds a Ph.D. in Economics.

Maxim Balashov

Mr. Maxim Balashov is Director for Natural Monopolies relations at United Company RUSAL Plc since October 2012. He is responsible for drafting and implementation of the Company’s strategy in energy supply, railway transportation, cost optimisation in energy resource procurement and cargo transportation by railway, improvements in energy and railway transportation efficiency. In 2010-2012, he was Head of electrical energy Unit with the Industry and infrastructure Department of the Russian Government Office. In 2008-2010, he was an acting Head of department and Deputy Head of department with the Ministry of energy in the Russian Federation. In 2004-2008, he held a position of a Deputy Head of the Department for structural and investment policy for industry and energy with the Ministry of industry and energy of the Russian Federation. In 2002-2004, he was Head of Electrical energy Unit, Department of natural monopolies restructuring with the Ministry of economic development of the Russian Federation. In 2000-2002, he held positions of a specialist, senior specialist, consultant with the Unit of electrical energy and industry, Property department with the Ministry of property of the Russian Federation. In 1994-1999, he was CFO with OAO ‘Asia Trading House’. In 1993-1994, he was a commercial director of AOZT ‘Garant’. He was certified as Honorary worker of the Fuel and energy industry. He graduated from the Power-plant engineering Department of the Bauman’s Moscow Technical University and Department of accounting and audit of the Central University of Professional Development.

Alexey Barantsev

Mr. Alexey Barantsev is a Head Engineering and Construction Business of United Company RUSAL Plc. He is responsible for repair and maintenance activities across the Group’s plants, management of construction, modernisation and new technology implementation projects. From 2008 to 2011 Alexey Baratsev held the positions of General Manager with Glavstroy-Management CJSC and TRANSSTROY Engineering & Construction Company Ltd. In 2008, he was First Deputy CEO of Production of Russian Machines OJSC. In July 2007, Alexey was Head of Operational Development and First Deputy Chairman of the Management Board of GAZ Management Company LLC. In January 2007, he was appointed Head of the Auto-components Division and Production and Restructuring Director of GAZ Group, First Deputy Chairman of the Management Board of GAZ Group Management Company LLC. In mid-2006, he was transferred to the position of First Deputy Chairman of the Management Board - Head of the Nizhny Novgorod unit of RusPromAvto Management Company LLC, which was subsequently renamed to GAZ Management Company LLC. In 2005, Mr. Barantsev graduated from the Russian Presidential Academy of National Economy and Public Administration and was awarded an MBA degree. Starting since October 2005 he worked as Deputy CEO/Executive Director of RusPromAvto Management Company LLC. In July 2002, he was appointed Deputy CEO GAZ OJSC, and a month later became CEO of the plant. In February 2002, he was appointed Deputy CEO for new construction projects at Russian Aluminium Management OJSC. In July 2000, he was appointed Managing Director of the Bratsk aluminium smelter. In August 1998 he was appointed Executive Director of the Krasnoyarsk aluminium smelter. One month later he became General Manager of the smelter.

Sergey Belsky

Mr. Sergey Belsky is Chief Operating Officer for Sales of United Company Rusal Plc since February 2014 . He is responsible for developing an effective commercial corporate structure, optimizing logistics, trade financing, price risk management and contract administrative management in regional markets. Sergey Belsky was appointed Head of the Directorate for Russia and CIS Sales in June 2010. His responsibilities include increasing the share of the Group’s domestic aluminium sales, which is viewed as a strategic priority of UC RUSAL, as well as to build cooperation with customers in order to develop new applications for aluminium and to encourage joint programmes with equipment manufacturers to devise high-technology products containing aluminium. Previously, in November 2008, Mr. Belsky was appointed the Director of the Marketing and Sales Directorate. Since the founding of Russian Aluminium in 2000, Mr. Belsky has worked as the Head of the Sales Department of Russia and the CIS from 2007 to 2008. Between 1999 and 2000 he was the Head of the Export Sales Department at Sibirsky Aluminium. Mr. Belsky started his career as a Trader at Raznoimport before working his way up to head a division at Trans World Group in 1996. Mr. Belsky was born in Moscow in 1967. In 1991, Mr. Belsky graduated from the Moscow Institute of Steel and Alloys where he majored in Metal Engineering. A year later, he graduated from the Moscow Institute of International Business of the Ministry of Economic Relations and Trade. In 2003, he received a degree from the London Business School.

Dmitry Bondarenko

Mr. Dmitry Bondarenko has been Director for Production Development at United Company RUSAL Plc., since 2010. He oversees the development and introduction of the Group’s production system. He is also responsible for the organisation of production and logistics as well as for the quality management system. Between 2009 and 2010 Dmitry Bondarenko was Head of the Production Department of the Group’s Aluminium division. From 2001 through 2009, Mr Bondarenko was the lead expert at GAZ Group Managing Company LLC, where he was in charge of introducing the Toyota Production System. Dmitry Bondarenko graduated with honours from the Nizhny Novgorod State Technical University, majoring in Design of Technical and Technological Complexes.

Sergey Chestnoy

Dr. Sergey Chestnoy, Ph.D., is Director for International and Special Projects at United Company RUSAL Plc., since January 2013. He is responsible for the Company’s relations with regions and countries of strategic importance, providing public support for overseas initiatives. He coordinates the Group’s actions with the executive bodies of the Russian Federation regarding international relations with foreign governmental bodies. From 2001 to 2012, Sergey Chestnoy was the Director of the International Department. Between 2000 and 2001, he was the Advisor to the Chairman of the Board of Directors of OJSC BANK Rossiysky Credit. From 1984 through 2000, Sergey Chestnoy served as a diplomat of the Soviet, and then Russian Ministry of Foreign Affairs, specialising in multilateral economic diplomacy, assistance to developing countries, including debt problems, trade, economic and scientific cooperation with the United States, as well as Russia’s role in the G8. Sergey Chestnoy was Deputy Director of the Department of Economic Cooperation of the Russian Ministry of Foreign Affairs, Senior Advisor, Head of the Economics Department at the Russian Embassy in the United States, Deputy Director of the North America Department at the Russian Ministry of Foreign Affairs, Russian Ministry of Foreign Affairs adviser to the Russian President’s Envoy (Sherpa) at G8. In various periods he was a member of the Russian and Soviet official delegations at negotiations with the IMF, the World Bank, the Paris Club, GATT/WTO, at the G7+1 and G8 summits. As a member of the Soviet delegation, he took part in the establishment of the European Bank of Reconstruction and Development and as a member of the Russian delegation he also took part in the establishment of the Black Sea Trade and Development Bank. Sergey Chestnoy’s diplomatic rank is Counsellor, Grade 1. In 1984 he graduated magna cum laude from the Moscow State University of International Relations of the USSR Ministry of Foreign Affairs.

Valery Freis

Mr. Valery Freis is Director for Security of United Company Rusal Plc., since February 2008. He is responsible for the creation and effective management of the security system and the development of a policy and strategy in the field of resource protection from causing harm to the Company’s economic interests, business standing, business processes, and personnel. Before joining the Company, Mr. Freis was Deputy General Director for Economic Security at Irkutskenergo JSC and Chairman of the Board of Directors of several companies. In the period between 1996 and 2002, he was Deputy General Director for Security at Ust-Ulimsk Timber Processing Complex JSC. From 1989 to 1996, Mr. Freis held the post of General Director of Lestorgurs. Earlier he served in the Combating the Theft of Socialist Property Agency of the Ministry of the Interior of the Russian Federation. Valery Freis was born in 1954. In 1979, Mr. Freis graduated from the Kuybyshev Planning Institute. He underwent training at the Academy of National Economy of the Russian Federation Government. Mr. Freis was independent from and not related to the Directors, any other members of senior management, substantial shareholders or controlling shareholders of the Company as at the end of the financial year.

Sergey Goryachev

Mr. Sergey Goryachev is Head of Packaging Division of United Company RUSAL Plc. He has been managing assets of UC RUSAL’s Packaging Division since 2013In 2010 he was appointed Chief Operating Officer of the Packaging Division and in 2011 he became the Director of the Packaging Division. Prior to that, Sergey Goryachev worked as the First Deputy CEO of GROSS – Group of Alcohol-producing Companies (originally ROSSPIRTPROM) and beforehand other positions for 8 years. Sergey Goryachev holds a degree in Geology from Moscow State Mining University and a degree in Finance from the Financial University under the Russian Government. He also holds a PhD in Economics.

Alexander Gutorov

Mr. Alexander Gutorov is Director- Business Support of United Company RUSAL Plc. In 1994, he graduated cum laude from the Siberian State Academy of Mining and Metals majoring in Non-ferrous Metallurgy. In 2011, Alexander graduated from the International Academy of Entrepreneurship in Moscow with a degree in Business Management. His first place of work was the Novokuznetsk aluminium smelter, where he was employed as a maintenance technician. In 1991-1993 Alexander served as a Potroom Operator at the same smelter, and in 1994 he was promoted to the position of a Potroom Area Supervisor. In 1997, he made an internal transfer to administrative duties to work in the foreign economic relations unit of the smelter. In 2001, Mr Gutorov was appointed the Head of the Sales Unit, from which he continued his way up the career ladder to become the head of the commercial department. Following his stint with NkAZ, Alexander was Head of Commerce first at SAZ and then at KrAZ, which was then followed by an invitation to head the commercial function within the Aluminium Division. On November 24th, 2014, Alexander Gutorov was appointed the Director of Business Support for the whole Group. Mr. Gutorov was appointed as a member of the Executive Committee with effect from 2 March 2015.

Yakov Itskov

Dr. Yakov Yurevich Itskov, Ph.D., is Director of Alumina Division of United Co Rusal Plc since September 2014 . Yakov Itskov was appointed RUSAL’s Director of Procurement and Logistics in January 2013 and ceased to be the Director of Procurement and Logistics with effect from 31 August 2014. Prior to that, Yakov Itskov worked as a Head of the International Alumina Division from February 2010. The International Alumina Division includes the western bauxite mining and alumina production facilities: the Guinea-based Friguia Alumina Refinery and Compagnie des Bauxites de Kindia, the Bauxite Company of Guyana, Aughinish Alumina Refinery in Ireland, Eurallumina in Italy, Alpart and Windalco in Jamaica and QAL in Australia. The key objective of the International Alumina Division is the mining of bauxite and production of high quality alumina for the Company’s smelters and sales in the global market. This requires considerable flexibility and an ability to meet each customer’s specific demands. Yakov Itskov became the first Vice President of RussNeft in 2009 and held that position until 2010. From 2008 to 2009, he was General Director of BazelDorStroy LLC and between 2007 and 2008 he was the General Director of Project and Construction Company Transstroy LLC. He was also the Managing Director of “Company Bazovy Element” LLC from 2006 until 2007 and, prior to this, he was the General Director of Soyuzmetallresurs CJSC from 2001 to 2006. From 2000 to 2001, Mr Itskov was the Deputy Commercial Director of OAO Russian Aluminium. Yakov Itskov holds a degree in Mining Machines and Complexes from Moscow State Mining University. He also holds a PhD in Economics.

Egor Ivanov

Mr. Egor Ivanov is Director - Control, Internal Audit and Business Coordination of United Company RUSAL Plc since 2012. He is responsible for the internal control system and raising the efficiency of business processes within the Group. He ensures the independent analysis of critical issues of the Company’s operations for reporting to the CEO and top management. He is also responsible for compliance with the requirements of regulators and international lenders. Mr. Ivanov joined CJSC “Armenal” in 2000 as a Financial Director. From 2000 to 2007 he held different financial positions at “RUSAL Managing Company” LLC and Trading House “Russian Aluminum Rolling”. Since October 2010 he has headed a department in the Control, Internal Audit and Business Coordination Directorate. Between 2005 and 2010, he was Head of the Budget and Planning Department at Moscow Branch of RUSAL Global. Until 2001, he worked at ITERA International Group of Companies, one of the largest independent producers and traders of natural gas operating in the CIS and the Baltic states. He graduated from the Finance Academy under the Government of the Russian Federation majoring in Accounting and Audit.

Victor Mann

Mr. Victor Mann is a Technical Director of United Company RUSAL Plc., Victor Mann has been Technical Director of UC RUSAL since 2005, being in charge of research and development, engineering, design, process management, technical development and modernization of production facilities, and start-up and commissioning of green-field and upgraded capacities. In 2002 - 2005 Victor Mann was Head of the Company’s Engineering and Technology Centre. In 1998 - 2002 he was Deputy Technical Director of the Krasnoyarsk aluminium smelter. In 1991 - 1998 Victor Mann was promoted from Design Engineer to Head of Automation with the Krasnoyarsk aluminium smelter. Victor Mann was awarded the Order of Merit for the Fatherland and is on the list of Honourable Metallurgists of Russia. Mr. Mann was independent from and not related to the Directors, any other members of senior management, substantial shareholders or controlling shareholders of the Company as at the end of the financial year.

Pavel Ulyanov

Mr. Pavel Ulyanov is Director- Energy Division of United Company RUSAL Plc. His responsibility is to create an energy base that will provide the company with energy self-sufficiency for aluminium production, to search for new energy resources and opportunities for further business development. From December 2004, Pavel Ulyanov headed Directorate for Strategy and Corporate Development. Before that, he held the position of Director for the Beverage Cans Business of the Group. Mr. Ulyanov entered the aluminium industry in 1997, when he was appointed President of ROSTAR Holding, part of the Siberian Aluminium Group. From 1991-1996, he worked at Toribank, where he held different positions from Corporate Client Manager to Advisor to the President of the Bank. In 1994, he graduated from the State Academy of Management. He also completed the PED programme for executives at the IMD institute (Lausanne, Switzerland) in 2004- 2005.

Oleg Vaytman

Mr. Oleg Vaytman is Director - Government Relations - Moscow Branch of RUSAL Global Management B.V., a subsidiary of United Company RUSAL Plc since February 2012. He is responsible for the Company’s relationships with federal and regional authorities, the Russian Parliament, the government, and public organisations. Prior to joining the Group, Mr. Vaytman was Director of the Moscow Representative Office of JSC “KazMunayGas” from 2009 till February 2012. In 2007-2008 Mr. Vaytman was Vice-president of RBI-Holdings. Between 2003 and 2007, Mr. Vaytman worked at TNK-BP and held the positions of Vice- President (Regional and Social Policy), Vice-President (Head of the New Projects Division). In 2002-2003, he was Vice- President (Relations with Public Authorities) of JSC “Sidanco”. From 2000 to 2002 Mr. Vaytman was Head of the regional office of the Social Insurance Fund of the Russian Khanty-Mansiysk. Between 1998 and 2000, he held the position of Deputy Director General for Economic Affairs of the territorial fund of obligatory medical insurance of the Khanty-Mansi Autonomous District. Mr. Vaytman was born in 1969 and graduated from Magnitogorsk Mining and Metallurgical Institute majoring in Economics. Moreover, Mr. Vaytman graduated from the Tax Academy of the Russian Federation Ministry and has a diploma from Thunderbird University, Phoenix, United States.

Po Ying Wong

Ms. Wong Po Ying (Aby) is Hong Kong Company Secretary of United Company Rusal Plc. Ms. Wong has over 10 years of experience in corporate secretarial practice working with various law firms and corporate services companies as company secretary and company secretarial manager. Ms. Wong is an associate member of the Hong Kong Institute of Company Secretaries and an associate of The Institute of Chartered Secretaries and Administrators. Ms. Wong was born in 1965. Ms. Wong holds a bachelor degree with first class honours in Business Administration from University of Greenwich which she received in 2011. Ms. Wong was independent from and not related to the Directors, any other members of senior management, substantial shareholders or controlling shareholders of the Company as at the end of the financial year.

Vyacheslav Solomin

Mr. Vyacheslav Solomin is Non-Executive Director of the company. He was appointed as chief executive officer of En+ Group Plc (“En+”) effective from 1 May 2018. Prior to the appointment, Mr. Solomin served as the chief operating officer of En+ since October 2017. Mr. Solomin also holds the position of chief executive officer of EuroSibEnergo (Russia) since 2014. At EuroSibEnergo, Mr. Solomin was responsible for achieving both current and long term targets for efficiency of power business, development and execution of company’s strategy as producer of clean energy. During 2007 to 2014, he held various director positions within the En+ group, and has also served as a first deputy chief executive officer and chief financial officer at EuroSibEnergo and was responsible for all aspects of the financial performance of the company, corporate finance and was also overseeing human resources and legal departments. Prior to joining En+ group, from 2005 to 2007, Mr. Solomin held various positions, including chief financial officer, at Inter RAO. Between 1996 and 2005, Mr. Solomin held various managing positions at PricewaterhouseCoopers Audit business in Vladivostok, Moscow and Los Angeles, CA. Mr. Solomin graduated Summa Cum Laude from the Far Eastern State University Vladivostok with a Diploma in International Economic Relations and also has Summa Cum Laude Diploma in Science from the University of Maryland University College.

Timur Valiev

Mr. Timur Fidailevich Valiev is Non-Executive Director of the company. He joined En+ group as General Counsel in July 2013. Mr. Valiev is in charge of managing court activities, claims and contracting, legal support of M&A projects and creation of joint ventures. Since 2013 Mr. Valiev has been a member of the board of directors of JSC “Irkutskenergo”. In 2009 to 2013 Mr. Valiev served as director for international projects and M&A at Basic Element Limited. Prior to joining Basic Element Limited, Mr. Valiev worked at international law firm Dewey & LeBoeuf, the legal department of TNK-BP, and at a number of Russian consulting firms. Mr. Valiev graduated with honours from the Moscow State University with a degree in Law. He also undertook postgraduate studies there.

Oi-sie Elsie Leung

Ms. Oi-sie (Elsie) Leung is a Non-Executive Independent Director of United Company RUSAL Plc since November 30, 2009. From 1997 to 2005 Ms. Leung was the Secretary for Justice of the Hong Kong Special Administrative Region, as well as a member of the Executive Council of Hong Kong. Ms. Leung was admitted as a solicitor of the Supreme Court of Hong Kong in 1968. She was a Partner of P. H Sin & Co., a Hong Kong law firm, which merged with the law firm Iu, Lai & Li Solicitors & Notaries in 1993. Ms. Leung was a Senior Partner of Iu, Lai & Li Solicitors & Notaries from 1993 to 1997. In 2006, she resumed practice at Iu, Lai & Li Solicitors & Notaries. Ms. Leung has served on several government boards and committees, including the Independent Police Complaints Council, Equal Opportunities Commission, Social Welfare Advisory Committee and Inland Revenue Board of Review. Ms. Leung was appointed as a Delegate of the People’s Congress of Guangdong Province in 1989. In 1993, she was appointed as a Delegate of the 8th National People’s Congress as well as a Hong Kong Affairs Adviser. Since 2006 she has been the deputy director of the Hong Kong Basic Law Committee of the Standing Committee of the National People’s Congress of the People’s Republic of China. Ms. Leung was born in 1939. Ms. Leung is a qualified Solicitor in England and Wales and obtained a Master of Law degree from the University of Hong Kong in 1988. Ms. Leung was appointed as an Independent Non-executive Director of China Resources Power Holdings Company Limited, a company listed on the Hong Kong Stock Exchange, with effect from 22 April 2010. Ms. Leung became an Independent Non-executive Director of Beijing Tong Ren Tang Chinese Medicine Company Limited, a company listed on the Hong Kong Stock Exchange, with effect from 7 May 2013.

Philippe Mailfait

Mr. Philippe Mailfait is Non-Executive Independent Director of the company. He has served as a member of the board of directors of En+ since September 2009 as an independent director. Mr. Mailfait also currently acts as an independent financial advisor in Paris, and holds the position of independent director at various other overseas companies. Prior to joining En+, he held different executive positions at Banque Worms and Banque de Gestion Priv’ee (Paris), Morgan Grenfell & Co. (London and Paris), Marceau Investissements and Trianon Finance (Paris). Mr. Mailfait holds a degree in Economics and Finance from Institut d’Etudes Politiques de Paris and an MBA from HEC Montreal, University of Montreal. Mr. Mailfait is required to sign an appointment letter with the Company as an independent non-executive Director. The length of service of Mr. Mailfait as an independent non-executive Director will be determined in accordance with the Articles. Mr. Mailfait’s appointment may be terminated by Mr. Mailfait giving the Company one month’s notice of termination and/or otherwise in accordance with the Articles and/or the terms of his appointment letter. As an independent non-executive director, Mr. Mailfait is entitled to a fixed director’s fee of £120,000 per annum, and will also be entitled to £10,000 as a member of, and £15,000 as a chairman of, each Board committee to which he is appointed.

Marco Musetti

Mr. Marco Musetti serves as Non-Executive Independent Director of the Company. He has been a Senior Officer at Renova Management AG, an investment management company based in Zurich, Switzerland since 2007. He currently serves as Managing Director Investments of Renova Management AG. Mr. Musetti has also been serving as a member of the board of directors of Sulzer AG since 2011 and on the board of directors of Schmolz + Bickenbach AG since 2013. Mr. Musetti was a member of the board of directors of CIFC Corp. from January 2014 to November 2016. Mr. Musetti was COO and deputy CEO of Aluminium Silicon marketing (Sual Group) from 2000 to 2007, Head of Metals and Structured Finance Desk for Banque Cantonale Vaudoise from 1998 to 2000, and Deputy Head of Metals Desk for Banque Bruxelles Lambert from 1992 to 1998. Mr. Musetti holds a Master of Science in Accounting and Finance from London School of Economics and Political Science, United Kingdom, and a Major degree in Economics from University of Lausanne, Switzerland.

Jean-Pierre Thomas

Mr. Jean-Pierre Thomas is Non-Executive Independent Director of the company. He has been a non-executive independent director of Recylex S.A since 12 May 2009. Mr. Thomas had a significant experience during 15 years as a managing partner at Lazard Bank. In 2013, he left Lazard Bank and decided to settle his own business. Mr. Thomas was born in the Vosges. After studying at a French business school and obtaining a PhD in economics, he went on to hold a number of political offices, including Vice-President of the Lorraine regional council and chair of its financial committee, as well as Parliament Member representing the Vosges department. He also sat on the National Assembly’s Financial Committee and acted as spokesperson on the French budget. Mr. Thomas specializes in budgetary affairs & savings, in this regard he intervened many times in well-known French newspapers. Furthermore, he wrote many reports, including a white paper on privatization and a report on cooperation and relations with developing countries. Mr. Thomas’ experience of drawing up legal framework includes the “Loi Thomas”, law on personal pension plans, which was passed in 1997 and introduced French-style pension funds. Mr. Thomas has in-depth experience with Russian relations, having been tasked with several projects aimed at boosting economic cooperation between France and Russia. He was appointed Special Representative of the French President in this capacity, drawing up the framework to establish a Euro-Russian economic zone.

Dmitry Vasiliev

Mr. Dmitry Vasiliev is Independent Non-Executive Director of the Company. Mr. Vasiliev was appointed as an independent non-executive Director with effect from 26 June 2015. He is currently the managing director of the Institute of Corporate Law and Corporate Governance (Moscow, Russia) and serves on the board of directors or supervisory board of JSC Bank “Financial Corporation Otkrytie” (independent non-executive director), JSC “RKS — management” (“Russian Communal Systems”) (independent non-executive director), LLC “RKS — holding” (“Russian Communal Systems”) (independent non-executive director), The U.S. Russia Foundation for Economic Advancement and the Rule of Law (USA) and the Non-Commercial Partnership “National Pension Association”. He previously served as a member of the board of directors of more than 20 Russian and foreign companies and funds, including JSC “Avtokran” (2010 — 2013), JSC “Mosenergo” (2003 — 2006), JSC “Gazprom” (1994 — 1995) and Investment Fund “SICAF-SIF BPT ARISTA S.A. From January 2007 to April 2009, Mr. Vasiliev was the Managing Director of JP Morgan PLC (London, UK) (investment banking for Russia/CIS countries). From 2002 to 2007, he was the First Deputy of General Director (CEO) on Strategy and Corporate Governance of JSC “Mosenergo” (Moscow, Russia). Mr. Vasiliev graduated from the Leningrad Institute for Finance and Economics (Leningrad, USSR) in 1984. He has also completed the International Institute for Securities Market Development: the program of comprehensive professional panels and workshops regarding the development and regulation of securities market (Washington, DC, USA) in 1994. In 2007, he obtained the status of “FSA approved person for Investment Advisory” by passing the exam of the Securities & Investment Institute (London, UK). Mr. Vasiliev has two state awards of the Russian Federation: the Medal “For the Service to the Motherland”, level II (1995) and the Medal “To 850 years of Moscow” (1997).

Bernard Zonneveld

Mr. Bernard Zonneveld is Independent Non-Executive Director of the Company. Since August 2014, Mr. Zonneveld has served as Head of ING Eurasia at ING Bank’s Commercial banking division in Amsterdam. Since May 2007, Mr. Zonneveld has served as Managing Director/Global Head of Structured Metals & Energy Finance at ING Bank’s Commercial banking division in Amsterdam. Mr. Zonneveld joined ING Group in 1993 and since then he has held various senior positions, including Managing Director/Global Co-Head of Commodities Group, Managing Director/Global Head of Structured Commodity Finance and Product Development and Director/Head of Structured Commodity & Export Finance. He has served as Chairman of the Netherlands-Russian Council for Trade Promotion, a member of the Dutch Trade Board, a member of the Russian committee and a member of the Board of the Netherlands-Ukraine Council for Trade Promotion. He holds a master’s degree in business law from Erasmus University in Rotterdam. Mr. Zonneveld was an independent non-executive director of Vimetco N.V., a company whose global depositary receipts are listed on the London Stock Exchange, from July 2007 to June 2013.