PAO NOVATEK at it's Annual General Meeting of Shareholders ("AGM") approved the election of Irina V. Gayda: Chairman of the Management Board of Women in Energy Industry Association; Emmanuel Quidet: President of the French-Russian Chamber of Commerce and Industry; Alexander Y. Natalenko: Honored Geologist of the Russian Federation and State Prize Laureate; and Aleksey V. Orel: Member of Supervisory Board of the Russian Gas Society as members to the Board of Directors. Following the AGM, the Board of Directors held its first meeting whereby Alexander Natalenko was elected Chairman of the Board as well as electing the members of the three Board committees. The Board of Directors resolved that Emmanuel Quidet, Tatiana Mitrova and Irina Gayda are independent directors.