REG - Ferrexpo plc - Resignation of Non-Executive Director

FerrexpoAnnouncement

13/01/2025 07:00

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RNS Number : 0547T  Ferrexpo PLC  13 January 2025

13 January 2025

 

FERREXPO plc

("Ferrexpo", the "Group" or the "Company")

 

Resignation of Non-Executive Director and Committee Appointments

 

Ferrexpo plc (LSE: FXPO) announces that, due to personal reasons,
Non-executive Director Natalie Polischuk has resigned from the Board of
Ferrexpo with immediate effect. Natalie was Chair of the Health, Safety,
Environment and Communities ("HSEC") Committee, a member of the Audit
Committee and a member of the Committee of Independent Directors.

On an interim basis, Fiona MacAulay, Senior Independent Non-executive Director
has been appointed a member of the Audit Committee and appointed as a member
of and will Chair the HSEC Committee.

Following Natalie's resignation the Board continues to have a majority of
independent Non-executive Directors. As previously announced, the Company has
an ongoing process to search for a new independent Non-executive Director and
as part of this search the Company will also take into account ethnic and
gender diversity on the Board.

 

Commenting on the resignation, Lucio Genovese, Executive Chair of Ferrexpo
said:

"Over the last three years Natalie's steadfast commitment to Ferrexpo has
helped us navigate through exceptionally challenging circumstances. We are
very grateful for the meaningful contributions that she has made. As Chair of
the HSEC Committee, Natalie has overseen our Humanitarian Fund and CSR
activities, which have provided a tangible positive social impact for our
workforce and communities during a time of war, for which we are all
particularly grateful."

 

For further information, please contact:

 Ferrexpo:
 Nick Bias        n.bias@ferrexpo.ch        +44 (0)7733 177 831
 Tavistock:
 Jos Simson       ferrexpo@tavistock.co.uk  +44 (0)207 920 3150

 Gareth Tredway                             +44 (0)7785 974 264

 

 

Notes to Editors:

About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine and a listing in the equity shares commercial companies category on
the London Stock Exchange (ticker FXPO) and a constituent of the FTSE 250
index. The Group produces high grade iron ore pellets, which are a premium
product for the global steel industry and enable reduced carbon emissions and
increased productivity for steelmakers when converted into steel, compared to
more commonly traded forms of iron ore. Ferrexpo's operations have been
supplying the global steel industry for over 50 years. Before Russia's
full-scale invasion of Ukraine in February 2022, the Group was the world's
third largest exporter of pellets. The Group has a global customer base
comprising of premium steel mills around the world. For further information
visit www.ferrexpo.com (http://www.ferrexpo.com) .

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