Sistema announces decisions of the Board of Directors

Sistema PJSFC (SSA) 
Sistema announces decisions of the Board of Directors 
 
20-May-2019 / 10:00 MSK 
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           Sistema announces decisions of the Board of Directors 
 
              Moscow, Russia - 20 May 2019 - Sistema PJSFC ("Sistema" or the 
"Corporation") (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian 
   holding company, announces that at its meeting on 18 May the decision was 
     taken to recommend the following list of candidates for election to the 
  Board at the Annual General Meeting of shareholders (AGM) on 29 June 2019: 
 
1. Vladimir Evtushenkov 
 
2. Anna Belova (as an independent director) 
 
3. Sergey Boev 
 
4. Andrey Dubovskov 
 
5. Felix Evtushenkov 
 
6. Ron Sommer 
 
7. Robert Kocharyan (as an independent director) 
 
8. Jeannot Krecké (as an independent director) 
 
9. Roger Munnings (as an independent director) 
 
10. Mikhail Shamolin 
 
11. David Iakobachvili (as an independent director) 
 
The candidates were previously reviewed and recommended by the Board's 
Nominations, Remuneration and Corporate Governance Committee. 
 
    The Board of Directors also approved the decision to appoint Svetlana S. 
    Matveyeva as Vice President for Human Resources and Sergey V. Yegorov as 
 Managing Partner. Both individuals were appointed to the Sistema Management 
                            Board. 
 
                            About the new Management Board members: 
 
          Sergey Egorov graduated from the Kyrgyz National University with a 
  specialisation in Finance and Credit. He has worked at Sistema since 2012, 
 and since April 2018 has held the position of Director of Special Projects. 
   From 2008-2012 he was an analyst at Sberbank Capital. In 2007-2008 he was 
   senior analyst in the private equity and structured finance department of 
    United Capital Partners Advisors. Earlier in his career he worked in the 
                            auditing division of Ernst & Young. 
 
          Svetlana Matveyeva is a graduate of the Plekhanov Russian Economic 
       University and the computation mathematics and cybernetics faculty of 
   Lomonosov Moscow State University. She has been employed at Sistema since 
      2012; since March 2017 she has been Executive Director for Motivation, 
          Training and Organizational Development within the Human Resources 
       Department. Prior to joining Sistema, Ms. Matveyeva held a variety of 
    positions at Sportmaster. In 2019 she was named a winner of the national 
    management competition Leaders of Russia, where she was among the top 15 
                            finalists. 
 
              *** 
 
       For further information, please visit www.sistema.com [1] or contact: 
 
     Investor Relations         Public Relations 
 
       Nikolai Minashin           Sergey Kopytov 
 
Tel: [phone] Tel.: [phone] 
 
  [e-mail]       [e-mail] 
 
      Sistema PJSFC is a publicly-traded diversified Russian holding company 
    serving over 150 million customers in the sectors of telecommunications, 
           high technology, financial services, retail, paper and packaging, 
     agriculture, real estate, tourism and medical services. The company was 
founded in 1993. Revenue in 2018 was RUB 773.9 bn; total assets equalled RUB 
    1.5 trn as of 31 December 2018. Sistema's global depositary receipts are 
       listed under the "SSA" ticker on the London Stock Exchange. Sistema's 
  ordinary shares are listed under the "AFKS" ticker on the Moscow Exchange. 
                            Website: www.sistema.com [2]. 
 
ISIN:          US48122U2042 
Category Code: MSCH 
TIDM:          SSA 
LEI Code:      213800JSZ2UUK4QQK694 
Sequence No.:  8699 
EQS News ID:   813255 
 
End of Announcement EQS News Service 
 
 
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(END) Dow Jones Newswires

May 20, 2019 03:00 ET (07:00 GMT)