Their role is to challenge the strategy and scrutinize the performance of management in meeting agreed goals and objectives, to monitor the reporting of the Company’s performance, to review the integrity of financial information and ensure that internal financial controls and risk management systems are robust and defensible.They determine the appropriate level of remuneration for the Group CEO and have a primary role in appointing and, when necessary, removing him.Non-independent non-executive Directors include Mr Yanakov (who is a representative of Powerboom Investments Limited). The Board is regularly updated on shareholders’ opinions following meetings with the Directors and management.The independent non-executive Directors are determined to be independent in character and judgement, and free from relationships or circumstances that may affect or could appear to affect heir judgement. Further enhancing the Board’s core skills in finance, mining and institutional investor engagement while adhering to international best practice in corporate governance, including the need to ensure progressive refreshing of the Board, are among the key objectives of the ongoing phased refresh of the Company’s Non-Executive Directors. Ivanhoe Mines Ltd. (TSX). Polymetal announced the commencement of its Board of Directors succession programme in June 2017. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY’S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. Executive Chair (2009 to 2015) and Chair (2015 to 2017). While the selected annual report is being downloaded, we want to draw your attention to the While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. This announcement satisfies the Company's disclosure obligations in accordance with Listing Rule 9.6.11R. Head of the Investment Planning Department at SUAL-Holding, 2001-2002. Strategic Development Director at the Ulyanovsk Automobile Plant in 2000, McKinsey in Moscow, 1999-2000. THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. He has also completed the Management Development Program at the University of South Africa and the Advanced Management Program at Templeton College, Oxford University. In Ian, we have found someone whose skills, experience and values are closely aligned to both the Company and his role, and who has developed a deep understanding of the sector through his 40-year career.

In 2010-2017 Ian was Chair of Petmin Limited.

In December 2017, Polymetal announced the appointment of Tracey Kerr and Giacomo Baizini as Independent Non-Executive Directors with effect from 1 January 2018. Previous experience: member of JSC Polymetal Board, 2004-2012., CEO of Vostsibugol, 2002-2003. “I would also like to pay tribute to Jonathan Best, who will also be leaving Polymetal shortly before completing his nine-year term in office.

FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. I am proud to have overseen a period of substantive growth for the company, and to be leaving Polymetal in a strong position for the new Chair to take it to even greater heights.” We use "cookies" and other device identifying technologies (text files) which will be saved on your computer and which will allow an analysis of your use of the Site. He attended a series of one-onone meetings with institutional shareholders and investors, arranged as part of the Company’s roadshow, and the investor events organised by the Company’s brokers. Mr Baizini holds an MA Hons in Physics from the University of Oxford, a Diploma of Industrial Engineering from the Japan Management Association and a Summer MBA from the Kellogg Graduate School of Management (US). The Company combines strong growth with a robust dividend yield. Endeavour Mining Corp (ASX). Starting his mining career as a geologist in 1975, Mr Cockerill joined the Anglo American Corporation in January 1979. All Directors have access to the advice and services of the Company Secretary, and are able to take independent professional advice, if necessary, at the Company’s expense.The Board has approved the division of responsibilities between the Chair and the Group CEO and defined the role of the The Senior Board Independent Director.The Chair reports to the Board and is responsible for the leadership and overall effectiveness of the Board and for setting the Board’s agenda.

“I will be stepping down from my role as the Chair of Polymetal’s Board at the 2019 AGM, after a tenure of almost nine-years. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO REFLECT ANY CHANGE IN THE COMPANY’S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.