Rostelecom BoD extends Michail Osseevskys CEO mandate

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Moscow, Russia December 27, 2021 Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russias largest integrated digital company, today announces that Its Board of Directors has decided to extend the term of office of the current CEO and President of the company, Mikhail Oseevsky for five years until 3 March 2027.

Mikhail was appointed as President for a five-year term on 4 March 2017. He was born in Leningrad on 30 November 1960 and graduated from the Kalinin Politechnical Institute (Leningradskij Politekhnicheskij Institut imeni Kalinina) in 1983 with a Degree in Electrical Engineering Electrophysics.

Mikhail has wide experience in high-ranking posts in Russian state and business institutions. From 1986 to 1993, he worked in the Scientific Research Institute of Electrophysical Apparatus (NIIEFA in Russian). From 1993 to 1999, he was Deputy Director and later Director of the Stock Exchange in St. Petersburg. From 1999, he was a Vice Chairman, and from 2003 First Vice Chairman of the Board Council of the Industrial and Construction Bank in Saint Petersburg. From 2003 to 2011 he worked as a Vice-Governor of St. Petersburg Administration. In 2011 he was appointed Deputy-Minister of Economic Development of Russia. From July 2012 to March 2017 he worked as a Deputy President and Chairman of VTB Bank Management Board.