Moscow Exchange Supervisory Board Resolutions

The Supervisory Board approved an updated Policy on the Exchange Council and a 26-member composition of the Council. CEO of Otkritie Holding Ruben Aganbegyan was elected Chairman of the Exchange Council and Sergey Romanchuk, Head of FX and Money Market Operations at Metallinvestbank was elected Deputy Chairman.

Exchange Council members include senior representatives of the top-15 market participants by trading volume, executives of leading self-regulating organisations, asset management companies, investment banks and the Bank of Russia. The main function of the Exchange Council is to craft strategic proposals for the development of exchange infrastructure and the Russian financial market.

The Supervisory Board also reappointed Moscow Exchange Chief Financial Officer Evgeny Fetisov as a member of Executive Board for a new term of office.

The Supervisory Board approved the Exchange"s Dividend Policy, which was drafted in line with principles adopted this September, as well as new Derivatives Market fees.

The Supervisory Board approved a new version of Moscow Exchange"s Communications Policy that defines the principles of interaction with shareholders, investors, customers, media and other stakeholders when the Exchange discloses information. The policy complies with the Bank of Russia"s Corporate Governance Code.

The Supervisory Board also approved the General Principles and Procedures for nominating candidates for election to the Moscow Exchange Supervisory Board along with a Succession Planning Programme for Board members.

For further information, please contact the Public Relations Department at (495) 363-3232.