Sinopec representative joins SIBUR Board of Directors

Moscow, 23 December 2015. The shareholders of PJSC SIBUR Holding elected members to the Board of Directors at the extraordinary general meeting to include a representative of Chinese Sinopec Group, the new shareholder of SIBUR.

 The Company's Board of Directors now includes:

1. Leonid Mikhelson, Chairman of the Management Board of NOVATEK, Chairman of the Board of Directors of SIBUR;
2. Ruben Vardanian, President of LLC Vardanyan, Broitman & Partners (Independent Director);
3. Alexander Dyukov, CEO of Gazprom Neft;
4. Dmitry Konov, CEO of SIBUR, Chairman of the Management Board of SIBUR Holding, Chairman of the Management Board of SIBUR;
5. Denis Nikienko, General Director of OOO Ladoga Management;
6. Vladimir Razumov, Deputy Chairman of the Management Board and Executive Director of SIBUR;
7. Ilya Tafintsev, Strategic Projects Director of NOVATEK;
8. Gennady Timchenko, Member of the Board of Directors of SIBUR Holding, Member of the Board of Directors of NOVATEK;
9. Kirill Shamalov, President at OOO Ladoga Management;
10. Chang Zhenyong, Vice President and Head of Chemical Division at Sinopec.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), was not re-elected to the Board of Directors because of his application to resign from the Board of Directors of PJSC SIBUR Holding submitted on 9 December 2015.