News

5 March 2014

Results of NLMK Board of Directors Meeting

NLMK (LSE: NLMK), one of the leading global steel companies, announces the results of its Board of Directors meeting held on 5 March 2014. The Board has approved the following list of candidates to be voted on at the 2014 Annual General Shareholder Meeting:

Candidates to be elected to the NLMK Board of Directors:
  • Mr. Oleg Bagrin,
  • Mr. Helmut Wieser,
  • Mr. Nikolai Gagarin,
  • Mr. Karl Doering,
  • Mr. Vladimir Lisin,
  • Mr. Karen Sarkisov,
  • Mr. Vladimir Skorokhodov,
  • Mr. Benedict Sciortino,
  • Mr. Franz Struzl;
Candidate to be elected NLMK President/CEO (Chairman of the Management Board):
  • Mr. Oleg Bagrin;
Candidates to be elected to the Internal Audit Commission:
  • Mr. Valery Kulikov,
  • Ms. Galina Shipilova,
  • Mr. Sergey Nesmeyanov,
  • Ms. Natalia Krasnykh,
  • Mr. Vladislav Ershov.
The Board of Directors also approved a number of related-party transactions.

About NLMK Group

NLMK Group is a vertically integrated steelmaking company, and Russia’s leading manufacturer of steel and HVA rolled products. NLMK Group’s high-quality steel products are used in a variety of industries, from construction and machine-building to the manufacture of power generation equipment and offshore windmills.

NLMK’s production facilities are located in Russia, Europe and the USA. The Company’s crude steel capacity is over 17 mt per annum, of which approximately 16 mt are located in Russia. The Company generated $12.2 billion in revenue and $1.9 billion in EBITDA in 2012.

NLMK’s ordinary shares are traded on the Moscow Stock Exchange (ticker “NLMK”) and its global depositary shares on the London Stock Exchange (ticker “NLMK:LI”).