Some clarification on Alexey Navalny participation in AFL BoD.
Following our law, members of the BoD can only be elected by the General Meeting of Shareholders and not by the Management of the Company.
Aleksandr Lebedev - controlled minority shareholders nominated Alexey Navalny and Sergey Aleksashenko to the BoD.
The Management of the Company has no influence on shareholders’ decision.

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