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New Chief Financial Officer for Mechel

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World Coal,

Mechel PAO, one of the leading Russian mining and metals companies, has appointed Sergey Rezontov as the company’s new Chief Financial Officer.

“During his eight years in Mechel, Sergey worked his way from a specialist to a division director, and I gladly congratulate him with this new and important appointment. As Chief Financial Officer, he will be in charge of corporate financing, treasury, investor relations, strategic and operational analysis, mergers and acquisitions activities. Today stable work of our financial function is more important to the company than ever, and I am sure that Sergey, who is a talented finance professional and an adept negotiator, who knows the company through and through, will be able to tackle the tasks facing him,” Mechel PAO’s Chief Executive Officer Oleg Korzhov commented.

Previously, Sergey Rezontov headed Mechel PAO’s financial department since 2014. In 2013 – 2014, he worked as deputy Chief Executive Officer and Financial Officer of Lysva Metallurgical Company UK OOO. In 2012, he was Deputy Director of Mechel OAO’s treasury operations department. In 2006 – 2012, he worked first as a specialist and then as head of Mechel OAO’s corporate financing department. In 2004 – 2006, he was the manager of the metals and mining team in the corporate clients department of Commerzbank (Eurasia) ZAO.

Edited from press release by Harleigh Hobbs

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