EGM approves appointment of CEO and elects new independent director
Luxembourg, January 18, 2007 - Evraz Group S.A. (LSE: EVR) (the “Company”) is pleased to announce that, further to its announcement of 11 December 2006, all the resolutions proposed at today's Extraordinary General Meeting were duly passed.
The shareholders authorised the Board of Directors to appoint Alexander Frolov as Chief Executive Officer of the Company, and passed the resolution on the amounts of the remuneration to Company’s CEO and members of the Board of Directors for 2007.
The shareholders appointed Philippe Delaunois as director of the Company with immediate effect. Mr. Delaunois was born on 12 November 1941 in Belgium. In 1987-1999 he was Managing Director and CEO of Cockerill Sambre, and in 2001 he was adviser to the Algerian government in the privatisation of the steel industry. He has served on the boards of directors of many Belgian and international companies.
Copies of the resolutions will be submitted to the UK Listing Authority, and will shortly be available for inspection at the UK Listing Authority’s Document Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade