The Board of Directors of PhosAgro elected a new Management Board, which includes Mikhail Rybnikov, Alexey Sirotenko and Dmitry Morozov. In addition, the list of candidates for election to PhosAgro's Board of Directors at the Annual General Meeting of Shareholders was approved. The list includes all current members of the Board of Directors who continue to perform their duties.

The candidate list for the Company's Audit Commission was also approved. The Board of Directors approved related-party transactions, including one major transaction, and proposed that the Annual General Meeting of Shareholders designate Unicon as the Company's auditor for 2022 under Russian Accounting Standards.