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Mechel’s Chief Financial Officer set to leave

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World Coal,

Andrey Slivchenko, Chief Financial Officer of Mechel PAO, a leading Russian mining and metals company, is leaving the company following the completion of his two-year contract.

“We are deeply grateful to Andrey Slivchenko for his huge contribution into our efforts on stabilising the company’s financial situation. Andrey joined our team at a very complicated time and has well discharged the duties he was tasked with. We wish him luck in his future projects,” Mechel PAO’s Chief Executive Officer Oleg Korzhov commented.

Mechel is an international mining and steel company, which employs over 67 000 people. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.

Edited from press release by Harleigh Hobbs

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