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Board of Directors

Severstal Board of Directors is responsible for the general management and performance of the Company’s operations, including approval of  its strategy and monitoring its financial and business operations. The Board’s principal objective is to run the company in such a manner as to increase shareholder value in the medium and long term.

The Board bases its decisions on the need to act in the best interests of the entire company and to be fair to all shareholders. It may not give preference to the interests of any individual shareholder or group of  shareholders. The Board is also responsible for the proper functioning of the system for disclosure and dissemination of information about the Company’s operations and for implementing the Company’s information policy.

The Board is authorized to take decisions concerning every aspect of Severstal’s activity, with the exception of matters referring to the jurisdiction of the General Shareholders Meeting.

The activity of the Board of Directors is regulated by the applicable law of the Russian Federation, Company’s Charter (2011) and  Regulations for the Board of Directors of OAO Severstal (2008).

Christopher Clark

Chairman of the Board of Directors, Member of the Nomination and Remuneration Committee

Year of birth: 1942. Chris Clark is a leading industrialist and brings extensive business knowledge to the Board. Chris’s career spans 40 years at Johnson Matthey plc, the specialty chemicals and precious metals Group, where he became Chief Executive Officer in 1998. He led the Group into the FTSE 100 in 2002. Since his retirement in 2004, Chris has taken a number of non-executive positions. He chaired RusPetro, an independent oil and gas producer conducting oil exploration and production activities in the Krasnoleninsk field in Western Siberia, one of the largest oil producing regions in the Russian Federation, until July, 31, 2013.

Chris is a graduate in metallurgy. He studied at Trinity College, Cambridge and Brunel University, London.

Alexey Mordashov

CEO of Severstal, Member of Nomination and Remuneration Committee, Member of Health, Safety and Environmental Committee

Year of birth: 1965. Alexey Mordashov has worked for Severstal since 1988. He started his career as a senior shop economist, becoming Chief Financial Officer in 1992. In December 1996, he was appointed as Severstal’s Chief Executive Officer. In June 2002, Mr. Mordashov was elected Chairman of Severstal’s Board of Directors. Since 2002 he served as Chief Executive Officer of Severstal Group, since December 2006, he works as the Chief Executive Officer of Severstal. Alexey serves on the Entrepreneurs Council of the Government of Russian Federation. In addition, Mr. Mordashov is a member of the Russian-German workgroup responsible for strategic economic and finance issues, and he is the head of the Russian Union of Industrialists and Entrepreneurs’ (RSPP) Committee of Trade Policy and WTO. Since March 2006 he is a member of the EU-Russia Business Cooperation Council. Alexey is a member of the Atlantic Council President’s International Advisory Board. Alexey Mordashov is a member of the Supervisory Board of Non-Profit Partnership Russian Steel (since June 2010), President of Russian Steel (since June 2013) and Vice-Chairman of World Steel Association (since October 2013), which is headquartered in Brussels, Belgium.

Mr. Mordashov earned his undergraduate degree from the Leningrad Institute of Engineering and Economics. He also holds an MBA degree from Newcastle Business School of Northumbria University (Newcastle UK). Alexey was granted an honorary doctorate from the Saint-Petersburg State University of Engineering and Economics in 2001 and from the University of Northumbria in 2003.

Rolf Stomberg

Senior Independent Director, Chairman of the Nomination and Remuneration Committee, Chairman of Health, Safety and Environmental Committee

Year of birth: 1940. Rolf Stomberg is Chairman of the Supervisory Board of LANXESS AG, Leverkusen, a global chemical company. He is a Director of medical device producer Smith and Nephew plc, London, and advises a number of German family owned companies. After his executive career of nearly 30 years with BP (British Petroleum Co plc), where he last held the position of CEO of BP’s downstream business and Managing Director on the main board of the company, he held a number of directorships in internationally operating companies in Europe such as Reed Elsevier Group, TNT NV, Scania AB, John Mowlem plc and Management Consulting Group plc, as well as on the boards of PE owned companies.

Rolf is an economics graduate holding a Doctorate of Hamburg University, where he also served as a Lecturer. He was Honorary professor at the business school of Imperial College, London, and the Institut Francais de Petrol, Paris.

Martin Angle

Independent Director, Chairman of the Audit Committee

Year of birth: 1950. Martin Angle holds a number of  non-executive directorships in addition to OAO Severstal, including in the UK Pennon Group plc, Savills plc and the Chairmanship of the National Exhibition Centre Group Ltd. He also sits on the Board of Shuaa Capital psc in Dubai.

During his career, Martin has held senior executive positions in investment banking, industry and more recently private equity, where he was an Operational Managing Director of Terra Firma Capital Partners and held various senior positions in its portfolio companies including the Waste Recycling Group Ltd, where he was Executive Chairman, and Le Meridien Hotel Group, where he was Deputy Chairman. Prior to that, Martin was for a number of  years the Group Finance Director of TI Group plc, a specialised engineering company in the UK FTSE 100 with activities in over 50 countries. Before that, he spent 20 years in investment banking, where he held a number of senior positions with SG Warburg & Co Ltd, Morgan Stanley and Dresdner Kleinwort Benson.

Martin is a graduate in physics, a Chartered Accountant, a  Member of the Chartered Securities Institute and a Fellow of the Royal Society of Arts.

Ronald Freeman

Independent Director, Member of the Audit Committee

Year of birth: 1939. Ronald Freeman is a non-executive member of the board of directors of Volga Gas and a member of the Executive Committee of the Atlantic Council. He is a member of the International Advisory Committee of Columbia Law School and Chairman of the Executive Committee of the Pilgrims Society (UK). Between 1991 and 1997, Ronald was Head of the Banking Department of the European Bank for Reconstruction and Development (EBRD). He was responsible for debt and equity financing in the private sector in 23 countries of the former Soviet Union, with a total annual funds commitment of Euro 2 billion. Prior to that, Ronald was vice-chairman of Citigroup European investment banking and a general partner of Salomon Brothers.

Ronald holds a BA degree from Lehigh University, and an LLB from the Law School of Columbia University. He was admitted to the New York Bar.

Peter Kraljic

Independent Director, Member of the Audit Committee, Member of Health, Safety and Environmental Committee

Year of birth: 1939. Peter Kraljic is a Director Emeritus at McKinsey, where he spent 32 years and held a number of senior positions until his retirement in 2002. Focused mainly on industrial clients in the chemicals, pharmaceuticals, automotive assembly, and steel and aluminium sectors, he was also a member of McKinsey's Personnel Development Committee and has managed the company's activities in France as a General Director. Peter has also written a number of scientific and business articles for publications such as the Harvard Business Review and Le Figaro Economic. He has also led special projects aimed at economic growth and job creation in Germany and Brazil. Peter graduated from the University of Ljubljana, Slovenia (Faculty of Metallurgy), and holds a PhD degree from Polytechnic University in Hannover, Germany. He also holds a Masters degree in business management from the INSEAD business school, France.

Vadim Larin

First Deputy CEO and Chief Operating Officer, Member of Health, Safety and Environmental Committee

Year of birth: 1970. Vadim joined Severstal in 2003 and has managed the  Company’s coal operations at Intaugol as General Director. Since 2005 he managed Kuzbassugol. Since 2007 he has served as CEO of Vorkutaugol. He has been appointed as CEO of the Severstal Resources division, effective 1  September 2010. Vadim Larin was appointed First Deputy CEO of OAO Severstal and  Chief Operating Officer on 15 July 2013. Prior to joining the Company, Mr. Larin worked at McKinsey & Company.

Vadim graduated from the Moscow State Institute of Radio Engineering, Electronics and Automation with robotechnics specialization. Mr. Larin also  holds an MBA from INSEAD (France).

Vladimir Lukin

Senior Vice President, Legal Affairs and General Counsel, Member of Health, Safety and Environmental Committee

Year of birth: 1978. Vladimir Lukin joined Severstal Group in 2004 as Senior Legal Advisor. In 2007 he became Senior Legal Advisor at OAO Severstal. In 2008 Vladimir was appointed as head of the international project department. In 2009 he was appointed as Senior Vice President, legal affairs and General Counsel. Prior to joining the company Vladimir was with Freshfields Bruckhaus Deringer.

He graduated in Law from the Moscow State University.

Mikhail Noskov

Non-Executive Director, Severstal

Year of birth: 1963. Mikhail Noskov worked at the International Moscow Bank between 1989 and 1993. From 1994, he was Trade Finance Director of Credit Suisse (Moscow). He has worked for Severstal since February 1997 as Head of Corporate Finance and from 1998 as Finance and Economics Director. In June 2002, he was made Deputy CEO for Finance and Economics of the Severstal Group, from 2007 till 2008 he was Deputy CEO for Finance and Economics of Severstal. Mikhail graduated from the Moscow Institute of Finance.

Alexey Kulichenko

Chief Financial Officer

Year of birth: 1974. Alexey Kulichenko graduated from the Omsk Institute of World Economy with a degree in economics. In 1996−2003 he worked in “Sun Interbrew”, starting his career as cash flow economist of Omsk plant “Pocap” and ending as Efficiency Planning and Managing Director of “Sun Interbrew”. From 2003 till 2005 Alexey worked as CFO at “Unimilk” – the second largest milk producer in Russia, which joins 20 plants in Russia and Ukraine. From December 19, 2005 to July 2009 he served as CFO of CJSC “Severstal Resource”. Since May 2006 Alexey is the member of the Board of directors of JSC “Vorkutaugol”. In July 2009 Alexey Kulichenko was appointed CFO of OAO Severstal.

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Severstal Resources

T: +7 (495) 981 0910

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Severstal Russian Steel

T: +7 (8202) 53 0900

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Severstal International

IR contacts

Vladimir Zaluzhsky
Head of Investor Relations
Email: vladimir.zaluzhsky@severstal.com
T/f: +7 (495) 926 7766/67 ext.6375

PR contacts

Elena Kovaleva
Head of Communications
Email: ev.kovaleva@severstal.com
T/f: +7 (495) 926 7766/67 ext.6447

HR contacts

Natalia Bachinskaya
HR Department Manager
Email: natalia.bachinskaya@severstal.com
T: +7 (495) 926 7761

CSR contacts

Natalia Poppel
Head of Corporate Social Responsibility
Email: na.poppel@severstal.com
T/f: +7 (495) 926 7766 ext.6449

Corporate Secretary

Artem Bobulich
Corporate Secretary of OAO Severstal
Email: corporate_secretary@severstal.com
Phone: +7 (8202) 53 0900
Fax: +7 (8202) 53 2159