Composition of the Board of Directors

as at 31 December 2020

S N

Appointment

June 2020

Education and qualifications

Samir holds a Master of Science degree in Thermal Technology from the Royal Institute of Technology in Stockholm (Sweden). He received an Honorary Doctorate from Cranfield University in the UK. He is also a graduate of the Young Managers Programme at INSEAD and the Senior Executive Programme at Stanford University.

Career

Between 1983 and 2000, Samir held senior management positions at Asea and ABB Power Generation. Then he moved to Alstom where he served as Chief International Operations Officer and Senior Vice President, and CEO of Alstom Kraftwerke in Germany. In 2003, he became CEO of ABB Lummus Global. In 2006, he was appointed to the Group Executive Committee of ABB Ltd. and served as Head of the Power Systems Division at ABB Group. From October 2006 to 2016, Samir was CEO of Amec Foster Wheeler (formerly Amec), where he was widely credited with the company’s financial recovery.

He is a non-executive director of Skandinaviska Enskilda Banken (SEB) and a member of the advisory board of Stena. He is Chairman of the Board of Directors at EuroChem Group AG.

Samir served as a UK Business Ambassador and was co-chair of both the UK-UAE CEO Forum and the UK-Korea CEO Forum. A member of the advisory board of LIFE Lebanon and a former member of the advisory board of SOAS University of London, Samir was also the 2009 and 2016 chair of the World Economic Forum’s Engineering and Construction Board. He served as chair of the Forum’s Disaster Resource Partnership and was co-chair of the Forum’s Infrastructure & Urban Development Industries Committee.

N S

Appointment

March 2004

Education and qualifications

Andrey studied Physics at Lomonosov Moscow State University and graduated from the Plekhanov Russian Academy of Economics, with a degree in Finance.

Career

Andrey Melnichenko is a self-made Russian industrialist. Over the past 25 years, he has co-founded a number of multi-billion-dollar businesses including fertiliser producer EuroChem, coal producer SUEK and power generator SGC. They are among the largest companies globally within their industries.

In the early 1990s, Andrey co-founded MDM Bank, which under his leadership became one of Russia’s most successful and largest private banks. In the 2000s, he stepped down from MDM Bank, having built up companies in privatised industries — fertilisers, coal and steel pipes, which he exited in 2006 through an IPO.

Andrey is a member of the Board of Directors of EuroChem Group AG and SUEK, chairs SUEK’s Nomination and Compensation Committee and EuroChem’s Nomination, Remuneration and Corporate Governance Committee. He sits on the Board of the Russian Union of Industrialists and Entrepreneurs, where he chairs its Climate Policy and Carbon Regulation Committee.

S

Appointment

June 2011

Education and qualifications

Vladimir graduated from the Finance Academy under the Government of the Russian Federation, majoring in Global Economics. He holds a degree in Economic Science.

Career

He began his career in 1992, holding various positions in banking, including Vice Chairman of the Management Board of Avtobank. In 2000, he joined MDM Bank where he was appointed Deputy Chairman of the Management Board. In December 2001, he became Chairman of the Management Board.

In 2004, he became President of SUEK and was CEO of the company until May 2020. Vladimir is a member of the Board of Directors of Interregional Distribution Grid Company of Siberia. In September 2020, he was appointed Chief Executive Officer and Management Board Chairman of EuroChem Group AG.

Vladimir also serves on the Executive Board of the Russian Union of Industrialists and Entrepreneurs, chairs its Mining Commission and is Deputy Chairman of the Climate Policy and Carbon Regulation Committee.

A

Appointment

August 2019

Education and qualifications:

Michael holds a degree in Business Administration from Pforzheim University.

Career

Michael started his career in 1993 as an auditor with KPMG in Stuttgart. He began working in the energy sector, in the finance and accounting department of Energie-Versorgung Schwaben in 1996, and then moved to EnBW Energie Baden-Württemberg in 2004 as Head of Asset Management. From 2009 to 2012, he was Chief Financial Officer and a Member of the Board of Management in EnBW Kraftwerke. Michael was Chief Financial Officer and a Member of the Management Board of STEAG, Essen from 2013 to April 2020.

Michael is also Chairman of the Advisory Board at the Business School, University Pforzheim (Germany).

A

Appointment

June 2020

Education and qualifications:

Juerg holds a Master’s degree in Economics from University of St Gallen (Switzerland).

Career

Juerg has held a number of key financial positions across different businesses and has over 30 years of international experience including assignments in South Africa, Hong Kong, USA and Switzerland.

During his career, Juerg has been global CFO at ABB Power Systems and CFO at ABB Lummus Global. From 2012 to 2014, he served as CFO at Ventyx, the Enterprise Software business of ABB.

Juerg is also a member of the Board of Directors of EuroChem Group AG.

S N

Appointment

December 2020

Education and qualifications:

Mikhail graduated from the Physics Faculty of Lomonosov Moscow State University.

Career

In the early 1990s, Mikhail worked in banking.

In 1995–2003, he was a member of the Russian Federation State Duma, the Deputy Chairman of the Budgeting, Taxes, Banking and Finance Committee, represented the Pskov region. In 2004–2009, Mikhail was the Governor of the Pskov region.

Mikhail established the Grazhdanskaya Pressa association of independent media (Pskov).

From 2013 to 2018, Mikhail was the Chief Executive Officer of Siberian Generating Company.

Directors who joined or left the Board after reporting period
N

Appointment

August 2019

Education and qualifications

Vladimir holds a Master’s degree in Mechanical Engineering, Thermal and Nuclear Power Plant Design from Brno University of Technology and a Master’s degree in Law from Masaryks University (Brno), Czech Republic.

Career

Vladimir has a diverse range of experience in the nuclear power industry, including the transformation and development of the energy businesses. In the 90s', he worked for a long time at the Nuclear Power Plant Dukovany.

From 2000 to 2006, Vladimir was a member of the ALTA Board of Directors in charge of M&A, legal affairs, nuclear material and fuel assemblies transport and trading.

In 2006, he was employed by CEZ, where he was the Director of the Temelin Nuclear Power Plant, Executive Director for Power Generation and a Member of Board of Director of CEZ. From 2007 to 2013, Vladimir led the supervisory boards of some of CEZ’s subsidiaries connected to power generation.

From 2014 to 2015, he served as Deputy Board Chairman at PSG International (Czech Republic) and, in 2015, was Managing Director and Vice President of Innovation at Uranium One Holding N.V. (the Netherlands). In 2017, Vladimir was elected to the Board of Directors of Uranium One Inc (Canada) and was appointed Managing Director of U1 Trading (Switzerland). Since 2018, he has also been on the Board of Directors at ORGREZ, where he is the majority shareholder.

Vladimir left the Board on 24 February 2021.

Appointment

February 2021

Education and qualifications

Stefan holds a degree in Business Administration from Frankfurt University of Applied Sciences, Germany.

Career

Throughout his professional life, Stefan has been involved in commodity trading and risk management, predominantly focused on energy-related commodities and non-ferrous metals.

Stefan began his career in 1981 at Metallgesellschaft’s central controlling department in Frankfurt (Germany). While with Metallgesellschaft, he worked in London, New York and Hamburg where he served as CEO of the company’s non-ferrous metal trading and brokerage subsidiary. In 1992, he was hired by the Swiss bank UBS to develop their commodity trading business.

Following the de-regulation of Germany’s electricity market in 1999, he moved to German utility RWE. He helped to build RWE’s global energy and commodity-trading and wholesale-supply business over a period of 16 years. He retired as the company’s CEO in February 2015.

Stefan is a Non-Executive Director of Trimet Aluminium SE, the largest aluminium producer in Germany, and its holding company.

During 2018-2020, he alternately held the position of Chief Commercial Officer and was elected to the Board of Directors of EuroChem Group. Since February 2021 Stefan has been the Chairman of the Strategy Committee and a member of the Audit Committee of EuroChem Group AG.

From May 2017 to June 2020, he was a member of the Board of Directors of SUEK and was a member of the Strategy Committee.

Appointment

February 2021

Education and qualifications

Michael is a graduate of Queens University, Ontario, Canada, with a Bachelors of Science in Mining Engineering and has completed Executive programmes at both Queen’s University and the University of Western Ontario.

Career

Michael has 32 years of experience in the mining industry and has worked in both hard rock and soft rock mining environments.

He joined Potash Corporation of Saskatchewan in 1989 where he held several operational roles prior to serving as General Manager at a number of mines. From 2007 to 2009, he was assigned as General Manager for Arab Potash Company in Jordan. He served as Vice President, Senior Vice President and President for Potash Corp’s Potash Division, from 2010 to 2014.

In January 2020, he was elected to the Board of Directors and Strategy Committee of EuroChem Group AG. Since December 2020, he has been Chairman of the HSE Committee of EuroChem Group AG.

As the General Manager for Arab Potash Company Michael was involved in Saskatchewan Mining Association, Saskatchewan Potash Producers Association and International Minerals Innovation Institute. He is a member of the Association of Professional Engineers and Geoscientists of Saskatchewan.

BOARD MEMBERS WHO LEFT THE BOARD IN THE REPORTING YEAR

Alexander Landia, Klaus-Dieter Beck, Iain Macdonald retired from the Board of Directors on 5 June 2020.

Stefan Judisch retired from SUEK’s Board on 5 June 2020 and was elected SUEK AG’s Board Chairman on 1 June 2020. He rejoined SUEK’s Board on 24 February 2021.

Board members’ competencies as at 31.12.2020
Competencies
International operations
86%
Mining
43%
Energy, power engineering
86%
Finance
86%
Investment
71%
Corporate governance
86%
Risk management
86%
Strategy and leadership
86%
Industrial safety
57%
Environment
43%