Uralkali Announces Senior Management Change

15.10.2015
Uralkali Announces Senior Management Change

Uralkali (LSE: URKA; the Company), one of the world’s largest potash producers, announces that Oleg Petrov will resign from his position as the Sales and Marketing director of the Company, effective November 1, 2015. Mr. Petrov ís decision has been driven by other career opportunities.

Oleg Petrov will continue his work for Uralkali as the Senior Advisor to CEO on Sales and Marketing while necessary.


Dmitry Osipov, Uralkali CEO, commented:

Oleg has provided tremendous leadership, guidance, and essential contributions to Uralkali. We regret Olegís departure and would like to thank him for all he has done and wish him the very best in his future endeavours.

Oleg Petrov, Uralkali Sales and Marketing director, commented:

The decision to leave Uralkali was a difficult one for me. I would like to extend my gratitude for the support Iíve received from the management, our customers and our employees. The Company has an incredible experience backed by a talented executive staff and dedicated personnel which allowed Uralkali to maintain the industry leadership.

The Company also announces that Vladislav Lyan will be responsible for Uralkali sales overseas, effective November 1, 2015. Mr. Lyan has over 15 yearsí experience in export sales, including successful export sales work in MCC Eurochem and JSC Uralchem.

Dmitry Osipov, Uralkali CEO, commented:

We welcome Vladislav as a valuable member of our team and we believe he has the necessary leadership and skills to maintain and expand Uralkaliís leading position in the global potash market.

Uralkali (www.uralkali.com) is one of the worldís largest potash producers and exporters. The Companyís assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkaliís shares and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.

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Cardinal rules

Smoking in mines is prohibited.
Work at heights without wearing a safety harness is prohibited.
Work in electrical installations under voltage is prohibited.
It is forbidden to perform work and stay in the bottomhole zone during the operation of the mining machine.
Loading and unloading operations when people are in the danger zone are prohibited.
Working in underground mines with unsecured and/or unassembled roofing is prohibited.
It is forbidden to carry out repairs and maintenance of conveyors without disconnecting from energy sources, use of conveyors for transfer of people and goods (materials and/or equipment), crossing (either above or under) operating conveyors by employees are not allowed.
It is forbidden to carry out welding and flame work in underground mines and mine buildings without the necessary safety measures preventing fire.