Ekosem-Agrar AG: Supervisory Board appoints new Chief Financial Officer

Ekosem-Agrar AG: Supervisory Board appoints new Chief Financial Officer

21 December 2022 Corporate News

Walldorf, 21 December 2022 - At today’s meeting, the Supervisory Board of Ekosem-Agrar AG appointed Mr. Alexander Krastilevskiy as a new member of the Executive Board (CFO) of Ekosem-Agrar AG. He will succeed Wolfgang Bläsi, who will leave at the end of 2022 as announced in July this year, but will remain active as a consultant for Ekosem-Agrar Group, particularly for capital market and legal issues in Germany.

Alexander Krastilevskiy was most recently CFO of a division of SUEK Group, the largest Russian coal producer, and previously experienced as vice-president in the largest Russian crude oil producer and one of the world's largest energy companies. He has more than 20 years of experience in senior management positions in Russia in various industries with international focus and has been with the EkoNiva Group since April 2022.

Rolf Zürn, Chairman of the Supervisory Board of Ekosem-Agrar AG: "We are very pleased with the new appointment to the Executive Board. Alexander Krastilevskiy has already demonstrated his financial and management expertise in his first few months with the group, and we are confident that he will maneuver Ekosem-Agrar AG well through these challenging times as CFO. At the same time, the fact that we were able to win Wolfgang Bläsi as an advisor to ensure continuity, especially with regard to capital market issues in Germany, was an important component of this change in management for us."

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of Russia’s largest agricultural companies. With a herd of more than 220,000 cattle (including over 110,000 dairy cows) and a milk output of more than 3,300 tons of raw milk per day, the company is the country’s largest milk producer. The group controls an agricultural area of approximately 630,000 hectares and is also one of Russia’s leading seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in Russian agriculture since the late 1980s and has played a key role in its modernization over the past three decades. In 2009, he was awarded the Federal Cross of Merit for his services to the German-Russian agricultural dialogue. The group of companies has around 13,000 employees in nine administrative regions in Russia. Ekosem-Agrar generated operating revenue of EUR 565 million and adjusted EBITDA of EUR 167 million in fiscal 2019.

Ekosem-Agrar Contact

Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de

Press / Investor Relations

Fabian Kirchmann, Jonas Schneider // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de