Directorate Change

PRESS RELEASE

July 19, 2016, Kyiv, Ukraine

MHP S.A.

Chairman resignation/appointment

MHP S.A. ("MHP", LSE ticker: "MHPC"), one of the leading agro-industrial companies in Ukraine, focusing on the production of poultry and the cultivation of grain, announces today that Mr Charles Adriaenssen after 10 years of successful chairmanship has resigned as Chairman of the Board of Directors of MHP S.A. and Chairman of Nomination and Remuneration Committee for family reasons, effective immediately. Dr. John Rich has been named interim Chairman of the Board of Directors of MHP S.A. and Chairman of Nomination and Remuneration Committee. Dr. Rich has had ten years' experience on the Board of Directors of MHP S.A. as a Non-Executive Director and is the consulting agribusiness industry specialist for IFC and other financial institutions (more details about Dr. Rich: http://www.mhp.com.ua/en/about/board). The Board has begun a search for a permanent successor to Mr. Adriaenssen and will consider both internal and external candidates.

Mr. Yuriy Kosyuk, CEO of the Company commented: "The Board is thankful for Mr Adriaenssen's leadership, passion and contribution over the past 10 years as the Company has continued to grow in the midst of challenging times. We understand and support his decision to step down for family reasons and wish him well in his future endeavors."

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