PJSC Polyus announced the appointment of Alexey Vostokov as a new Chief Executive Officer of the Company. Pavel Grachev, who has served as the Company's CEO since 2014, steps down from his role to focus on his own business projects. Alexey joined Polyus in 2014 following a successful career in leading venture capital companies where he was responsible for corporate, legal and M&A matters.

Alexey served as a Board member and corporate secretary of PJSC Polyus, and currently serves as a member of Lenzoloto Board. Being the head of Polyus' corporate division, Alexey was actively involved in a number of landmark transactions at Polyus, including Polyus Re-IPO and acquisition of Sukhoi Log deposit. Alexey was also responsible for corporate governance and international support of the group.