Gennady Timchenko has been a Director of the Company since 2012. Mr. Timchenko has been a member of NOVATEK’s Board of Directors since 2009. Mr. Timchenko is Chairman of the Board of Directors and President of the Ice Hockey Club SKA St. Petersburg. He is also Chairman of the Continental Hockey League (KHL). Mr. Timchenko has more than 20 years of experience in Russian and international energy sectors and he has built interests in trading, logistics and transportation related companies. Mr. Timchenko began his career in 1976 at the Izjorskii Factory in Leningrad, an industrial plant which made components for the energy industry. From 1982 to 1988, Mr. Timchenko served as the Senior Engineer at the Ministry of Foreign Trade. In 1988, Mr. Timchenko became Vice President of Kirishineftekhimexport, the export and trading arm of the Kirishi refinery in the Leningrad region. In 1991, Mr. Timchenko started working for Urals Finland which specialized in oil and petrochemical trading. From 1994 to 2001, Mr. Timchenko served as Managing Director of IPP OY Finland and IPP AB Sweden, which specialized in oil and petrochemical trading and logistics. In 1997, Mr. Timchenko co-founded Gunvor, a leading independent oil trading company. Mr. Timchenko graduated from the Leningradsky Mechanical University in 1976 with a degree in electromechanical engineering.

Mr. Timchenko is a member of the Strategy and Investments Committee of the Company’s Board of Directors.