Resolution of PJSC Acron Board of Directors

30 Apr 2021 14:26

30 April 2021

Resolution of PJSC Acron Board of Directors

Acron Board of Directors has resolved to put Ivan Antonov on the list of nominees for Acron Board of Directors for electing at the Annual General Meeting.

The following nine persons are included in the list of nominees for Acron Board of Directors for electing at the Annual General Meeting on 28 May 2021.

1. Nikolai Arutyunov

2. Vladimir Gavrikov

3. Georgy Golukhov

4. Alexander Dynkin

5. Yury Malyshev

6. Alexander Popov

7. Arkady Sverdlov

8. Vladimir Sister

9. Ivan Antonov

Seven members of Acron’s Board of Directors shall be elected.

Media contacts:

Sergey Dorofeev

Anastasia Gromova

Tatiana Smirnova

Public Relations

Phone: +7 (495) 777-08-65 (ext. 5196)

Investor contacts:

Ilya Popov

Investor Relations

Phone: +7 (495) 745-77-45 (ext. 5252)

Background Information

Acron Group is a leading vertically integrated mineral fertiliser producer in Russia and globally, with chemical production facilities in Veliky Novgorod (Acron) and Smolensk region (Dorogobuzh). The Group owns and operates a phosphate mine in Murmansk region (North-Western Phosphorous Company, NWPC) and is implementing a potash development project in Perm Krai (Verkhnekamsk Potash Company, VPC). It owns transportation and logistics infrastructure, including three Baltic seaport terminals and distribution networks in Russia and China. Acron subsidiary North Atlantic Potash Inc. (NAP) holds mining leases and an exploration permit for ten parcels of the potassium salt deposit at Prairie Evaporite, Saskatchewan, Canada. Acron also holds a minority stake (19.8%) in Polish Grupa Azoty S.A., one of the largest chemical producers in Europe.

In 2020, the Group sold 7.8 million tonnes of main products to 74 countries, with Russia, Brazil, Europe, and the United States as key markets.

In 2020, the Group posted consolidated IFRS revenue of RUB 119,864 million (USD 1,661 million), with EBITDA of RUB 35,311 million (USD 489 million). Acron’s shares are traded on the Moscow Exchange, and its global depositary receipts are traded at the London Stock Exchange (ticker AKRN). Acron employs over 11,000 people.

For more information about Acron Group, please visit www.acron.ru/en.