REG - Mail.ru Group Ltd - Ownership structure and management change

VKAnnouncement

03/12/2021 10:00

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RNS Number : 5224U  Mail.ru Group Limited  03 December 2021

 

3(rd) December
2021
                                For immediate
release

 

VK COMPANY LIMITED

 

Ownership structure and management changes

 

VK Company Limited (LSE and MICEX-RTS: MAIL, hereinafter referred to as VK or
the Company) has been notified about the planned changes in the shareholder
structure of MF Technologies (MFT), with Sogaz JSC becoming a shareholder of
MFT, while USM and MegaFon exiting its share capital.

 

VK announces that Boris Dobrodeev has decided to step down as the CEO of VK
(Russia) and leave the Company. He will however continue his duties until a
new CEO of VK (Russia) is appointed by the Board of Directors of VK, to ensure
smooth management transition.

 

Boris Dobrodeev, CEO of VK (Russia) said:

 

"I've always said that users are the most important aspect of the Internet.
But today I want to especially thank the VK team for our ambitious projects
and the shareholders of VK for putting their trust in me. And I am grateful to
all of them for the opportunity to participate in the development of one of
the best companies in Russia.

 

I've been happy to work with a brilliant team of experienced professionals who
are passionate about what they do. My colleagues' creative energy and new
ideas have always inspired me.

 

I would especially like to thank Alisher Usmanov for this unique opportunity
for self-fulfillment and for the trust he has placed in me - аnd all the
other strategic and minority VK shareholders for their support.

 

It has been a very exciting journey spanning eight years. Symbolically, I
started it as a Deputy Director at VKontakte, and finished as of VK (Russia):
a huge Сompany, a leader in the local social networking segment, education
and food tech markets as well as a major global online gaming business. The
Сompany is also actively developing mobility, classifieds, and other new
initiatives. VK has a fascinating past, an interesting present and, I am sure,
a great future. I am proud to have been a part of this Сompany and wish it
only the best of luck.

 

I have big plans: I'm going to be working with USM's digital assets, including
its stake in AliExpress Russia, and aim to launch a global venture fund. But
in the meantime I will focus on a smooth handover and on making the transition
as seamless as possible for shareholders, stress-free for the team and
unnoticeable for millions of our users.

 

For further information please contact:

 

Investors

Tatiana Volochkovich

Phone: +7 495 725 6357 extension: 3434

Mobile: +7 905 594 6604

E-mail: t.volochkovich@vk.team (mailto:t.volochkovich@vk.team)

 

Press

Sergei Luchin

Mobile: +7 (915) 223-35-71

E-mail: s.luchin@vk.team (mailto:s.luchin@vk.team)

 

About VK

VK develops the ecosystem helping millions of people with their day-to-day
needs online. More than 90% of the Russian internet audience use the ecosystem
services.

 

The ecosystem enables people to keep in touch (using social networks OK and
VKontakte, messaging apps and email service), play video games (via MY.GAMES),
get and offer items and services, browse jobs and hire talent (via Youla and
VK Jobs), order food and grocery delivery (via Delivery Club, Samokat and
Local Kitchen), get a ride (with Citymobil and Citydrive), master new skills
(at GeekBrains, Skillbox and other educational services), buy and sell at
AliExpress Russia and fulfill other needs.

 

The VK ecosystem features a number of shared elements bringing the services
together. Users can sign in to different services with a single VK ID account,
pay and earn cash back with the VK Pay platform, get discounts and deals with
VK Combo, access their favorite services via the VK Mini Apps platform - and
the Marusya voice assistant can help with any task.

 

The company offers enterprises to employ its dynamic ecosystem to digitize
their business processes, providing a range of solutions from online promotion
and predictive analytics to corporate social networks, cloud services and
enterprise automation.

 

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