REG-VK Company VK Company: Changes to the Board of Directors and Management

VKAnnouncement

07/03/2022 11:15

============

   VK Company (VKCO)
   VK Company: Changes to the Board of Directors and Management

   07-March-2022 / 14:00 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   7 March, 2022         

                                        

                               VK COMPANY LIMITED

                                        

                Changes to the Board of Directors and Management

                                        

   VK Company Limited (LSE, MOEX: VKCO, hereinafter referred as "VK" or  "the
   Company"), one of the largest  Internet companies in the  Russian-speaking
   Internet market, today announces that  Jaco Van Der Merwe, Charles  Searle
   and Mark Remon Sorour have resigned as Non-executive members of the  Board
   of Directors  of VK  on 4  March  2022, with  Jan Bune  and Sang  Hun  Kim
   stepping down as Independent Directors on 7 March 2022.

    

   Additionally, Matthew Hammond will step  down as Managing Director and  as
   Chief Financial  Officer of  VK Company  Limited. Matthew  will help  with
   transition of his responsibilities.

    

   Commenting on the changes Vladimir Kirienko, CEO (Russia) of VK, said:

    

   "We are grateful to Jaco Van Der Merwe, Charles Searle, Mark Remon Sorour,
   Jan Bune,  Sang  Hun  Kim  and Matthew  Hammond  for  all  their  valuable
   contributions throughout the  years. VK continues  business as usual.  The
   Company will announce new appointments as soon as possible."

    

   Commenting on  the changes  Matthew Hammond,  Managing Director  and  CFO,
   said:

    

   "Having been involved  with the  company since before  the IPO  I am  very
   proud of the enormous growth and success it has had thus far. I would like
   to thank the board members and  the professional and dedicated team at  VK
   who it has  been a pleasure  to work with  and who have  been driving  the
   ongoing success  of  the company.  I  would also  like  to thank  all  our
   shareholders for their ongoing support."

    

    

   For further information please contact:

    

   Investors

   Tatiana Volochkovich
   Phone: +7 495 725 6357 extension: 3434
   Mobile: +7 905 594 6604
   E-mail:  1 t.volochkovich@vk.team

    

   Press

   Alina Fedorova
   Mobile: +7 916 238 1297
   E-mail:  2 alina.fedorova@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.

    

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          US5603172082
   Category Code: BOA
   TIDM:          VKCO
   LEI Code:      2138009IXUP41SPL5B50
   Sequence No.:  147368
   EQS News ID:   1295981


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    3 fncls.ssp?fn=show_t_gif&application_id=1295981&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:t.volochkovich@vk.team
   2. mailto:alina.fedorova@vk.team


============