Board of Directors

Year of birth: 1942 Chris Clark is a leading industrialist and brings extensive business knowledge to the Board. Chris’s career spans 40 years at Johnson Matthey plc, the specialty chemicals and precious metals group, where he became Chief Executive Officer in 1998. He led the group into the FTSE 100 in 2002. Since his retirement in 2004, Chris has taken a number of non-executive positions. He currently chairs Associated British Ports and Urenco Limited, the leading international supplier of enriched uranium to the power generating industry. Chris is a graduate in metallurgy; he studied at Trinity College, Cambridge and Brunel University, London.

Year of birth: 1965 Alexey Mordashov has worked for Severstal since 1988. He started his career as a senior shop economist, becoming Chief Financial Officer in 1992 before being appointed in December 1996 as Severstal’s Chief Executive Officer. In June 2002, he was elected Chairman of Severstal’s Board of Directors and served as Chief Executive Officer of Severstal Group. Since December 2006, he has been Chief Executive Officer of Severstal. Alexey serves on the Entrepreneurs Council of the Government of the Russian Federation. In addition, he is a member of the Russian- German workgroup responsible for strategic economic and finance issues, and head of the Russian Union of Industrialists and Entrepreneurs’ (RSPP) Committee of Trade Policy. Since March 2006 he has been a member of the EU-Russia Business Cooperation Council. He is also a member of the Atlantic Council President’s International Advisory Board. Alexey earned his undergraduate degree from the Leningrad Institute of Engineering and Economics. He also holds an MBA degree from Newcastle Business School of Northumbria University (Newcastle UK). Alexey was granted honorary doctorates from the Saint-Petersburg State University of Engineering and Economics in 2001 and from the University of Northumbria in 2003.

Year of birth: 1960 Anatoly Kruchinin joined Severstal in 1982. In 1993 he became Chief Power Engineer and in March 1999 he was appointed Commercial Director. From January 2002 Anatoly worked as Executive Director of Severstal and in July 2002 he became CEO of the Company. Following the new system of corporate management adopted at the Company, since December 2006 he has been Chief Executive Officer of Cherepovets Steel Mill. In April 2008 he was appointed CEO of Severstal Russian Steel Division. Anatoly is a graduate of the Ivanovo Power Engineering Institute and holds an MBA degree from the National Economic Academy under the Government of the Russian Federation.

Year of birth: 1971 Sergey Kuznetsov started his career in 1994 as an expert in trade operations for steel and steel products at the State Owned Foreign Trade Association, Promsyrioimport (Industrial Materials Import/Export). From 1995 to 2001 he worked as a commercial representative at the Steel Trading Section of Moscow Representative Office of Cargill Enterprises, Inc. He joined Severstal in 2002 to head the Business Planning Group, responsible for acquisitions of foreign assets and the development of international projects. In 2004 he was appointed as Chief Financial Officer of Severstal North America. In 2008 he became Chief Financial Officer of JSC Severstal. In July 2009 Sergey became CEO of Severstal International and CEO of Severstal North America. Sergey graduated from Bauman Moscow State Technical University in 1994, where he majored in Engineering. In 1998 he received his Finance MBA from California State University, Hayward.

Year of birth: 1974 Alexey Kulichenko graduated from the Omsk Institute of World Economy with a degree in economics. From 1996 to 2003 he worked in Sun Interbrew, starting his career as cash flow economist of Omsk plant, Pocap, and ending as Efficiency Planning and Managing Director of Sun Interbrew. From 2003 till 2005 Alexey worked as CFO at Unimilk – the second largest milk producer in Russia, which combines 20 plants in Russia and Ukraine. From December 19, 2005 to July 2009 he served as CFO of CJSC Severstal Resources. Since May 2006 Alexey has been a member of the Board of Directors of JSC Vorkutaugol. In July 2009 he was appointed CFO of JSC Severstal.

Year of birth: 1963 Mikhail Noskov worked at the International Moscow Bank between 1989 and 1993. From 1994, he was Trade Finance Director of Credit Suisse (Moscow). He has worked for Severstal since February 1997 as Head of Corporate Finance and from 1998 as Finance and Economics Director. In June 2002, he was made Deputy CEO for Finance and Economics of the Severstal Group, and from 2007 till 2008 he was Deputy CEO for Finance and Economics of Severstal. Mikhail graduated from the Moscow Institute of Finance.

Year of birth: 1950 Martin Angle holds a number of non-executive directorships in addition to JSC Severstal, including, in the UK, Pennon Group plc, Savills plc and the Chairmanship of the National Exhibition Centre Group Ltd. Until December 2009 he also sat on the Board of Dubai International Capital LLC. During his career, Martin has held senior executive positions in investment banking, industry and more recently private equity, where he was an Operational Managing Director of Terra Firma Capital Partners and held various senior positions in its portfolio companies including the Waste Recycling Group Ltd, where he was Executive Chairman, and Le Meridien Hotel Group, where he was Deputy Chairman. Prior to that, Martin was for a number of years the Group Finance Director of TI Group plc, a specialised engineering Company in the UK FTSE 100 with activities in over 50 countries. Before that, he spent 20 years in investment banking, where he held a number of senior positions with SG Warburg & Co Ltd, Morgan Stanley and Dresdner Kleinwort Benson. Martin is a graduate in physics, a Chartered Accountant, a Member of the Securities Institute and a Fellow of the Royal Society of Arts. He also sits on the Advisory Board of the Warwick Business School.

Year of birth: 1939 Ronald Freeman is a member of the Board of Directors, an Advisory Partner and stockholder of the Moscow-based Troika Dialog investment bank. He is also a non-executive member of the Board of Directors of Volga Gas and of Polish Telecom; and a member of the Executive Committee of the Atlantic Council. He is a member of the International Advisory Committee of Columbia Law School and the Development Committee of Mansfield College (Oxford, UK). Between 1991 and 1997, Ronald was Head of the Banking Department of the European Bank for Reconstruction and Development (EBRD). He was responsible for debt and equity financing in the private sector in 23 countries of the former Soviet Union, with a total annual funds commitment of 2 billion Euros.Prior to that, Ronald was vice-chairman of Citigroup European investment banking and a general partner of Salomon Brothers. Ronald holds a BA degree from Lehigh University, and an LLB from the Law School of Columbia University. He was admitted to the New York Bar.

Year of birth: 1940 Rolf Stomberg is Chairman of the Supervisory Board of LANXESS AG, Leverkusen, a global chemical Company, which was formed after reorganisation of Bayer AG. He is Senior Independent Director of medical device producer Smith and Nephew plc, London, and advises a number of German family-owned companies. After his executive career of nearly 30 years with BP (British Petroleum Co plc), where he last held the position of CEO of BP’s downstream business and Managing Director on the main board of the Company, he held a number of directorships in internationally operating companies in Europe such as Reed Elsevier Group, TNT NV, Scania AB, John Mowlem plc and Management Consulting Group plc, as well as on the boards of private-equity-owned companies. Rolf is an economics graduate holding a Doctorate of Hamburg University, where he also served as a lecturer. He was an Honorary professor at the business school of Imperial College, London, and the Institut Francais de Petrol, Paris.

Year of birth: 1939 Peter Kraljic is a Director Emeritus at McKinsey, where he spent 32 years and held a number of senior positions until his retirement in 2002. Focused mainly on industrial clients in the chemicals, pharmaceuticals, automotive assembly, and steel and aluminium sectors, he was also a member of McKinsey’s Shareholders and Personnel Development Committee and has managed the Company’s activities in France as a General Director. Peter has also written a number of scientific and business articles for publications such as the Harvard Business Review and Le Figaro Economic. He has also recently led special projects aimed at economic growth and job creation in Germany and Brazil. Peter graduated from the University of Ljubljana, Slovenia (Faculty of Metallurgy), and holds a PhD degree from Polytechnic University in Hannover, Germany. He also holds a Masters degree in business management from the INSEAD business school, France.