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Annual Report CONTENTS Alfa Group Annual Report CONTENTS 3 Alfa Group’s Principal Businesses 4 Supervisory Board of Alfa Group 8 Alfa Group’s Investment Philosophy 10 ABH Holdings S.A. 14 Alfa Capital 16 Alfa Asset Management (Europe) S.A. 17 AlfaStrakhovanie Group 19 A1 21 Rosvodokanal Group 22 X5 Retail Group 25 Sponsorship and Charity 31 Contact Information ALFA GROUP’S PRINCIPAL BUSINESSES Founded in 1989, Alfa Group* ("Alfa") is one of the largest privately owned financial-investment conglomerates in Russia. Alfa Group* is a combination of independent businesses, operating mainly in Russia and the CIS, whose main beneficial owners are Mikhail Fridman, German Khan and Alexey Kuzmichev. Besides these three individuals there are other beneficiaries in some of the businesses. Alfa* companies’ businesses include commercial and investment banking, asset management, insurance, retail trade, water utilities, as well as special-situation investments. Companies of Alfa* typically focus on value-oriented, longer-term opportunities, primarily in Russia and the CIS, but also invest in other markets which form part of their strategic business objectives. All businesses adhere to corporate development and financial control principles. Each business, through its Board of Directors and executive bodies is managed independently. ABH Holdings S.A. X5 Retail Group AlfaStrakhovanie Group Privately owned holding company The leading food retailer in Russia. One of the largest Russian investing into several banking X5 Retail Group shares are listed on insurers with a diversified groups in the CIS and Europe. London Stock Exchange (LSE) in the portfolio of insurance products. Includes Alfa-Bank (Russia), form of Global Depositary Receipts. Alfa-Bank (Ukraine), Alfa-Bank (Belarus), Alfa-Bank (Kazakhstan) and Amsterdam Trade Bank N.V. (the Netherlands). Alfa Capital А1 Alfa Asset Management (Europe) S.A. Alfa-Capital Management Company One of the leading investment Luxembourg-based asset management LLC (“ACM”) manages investment businesses in Russia and the CIS. company for private and corporate portfolios for a wide range of clients. clients in Europe. Rosvodokanal Group One of the leading regional companies in water-supply and waste water disposal operating in Russia. * Alfa Group is not a legal entity. 3 SUPERVISORY BOARD OF ALFA GROUP Members of the Supervisory Board of Alfa Group Consortium: Mikhail Fridman Chairman of the Supervisory Board of Alfa Group Consortium Mr. Fridman, one of the original founders of Alfa Group Consortium, is Chairman of the Supervisory Board of Alfa Group Consortium, one of the largest privately owned financial-industrial conglomerates in Russia. Also Mr. Fridman is a member of the Board of Directors of ABH Holdings S.A., a member of the Board of Directors of Alfa-Bank (Russia) and a member of the Supervisory Board of X5 Retail Group. Mr. Fridman is a member of the Board of Russian Union of Industrialists and Entrepreneurs, the International Advisory Board of the Council on Foreign Relations (USA) and the National Council on Corporate Governance. He graduated from the Moscow Institute of Steel and Alloys in 1986. Mr. Fridman was born in Lvov, Ukraine in 1964. German Khan Member of the Supervisory Board of Alfa Group Consortium Mr. Khan is one of the original founders of Alfa Group Consortium. From 2003 to 2013, Mr. Khan served as Executive Director of TNK-BP Management. Additionally, he was a member of the Management Board of TNK-BP Management and of the Board of Directors of Slavneft. Mr. Khan graduated from the Moscow Institute of Steel and Alloys. He was born in Kyiv, Ukraine in 1961. He is married and has four children. Alexey Kuzmichev Member of the Supervisory Board of Alfa Group Consortium Mr. Kuzmichev is one of the original founders of Alfa Group Consortium and a member of the Supervisory Board of Alfa Group Consortium. Mr. Kuzmichev is a graduate of the Moscow Institute of Steel and Alloys. Mr. Kuzmichev was born in Kirov, Russia in 1962. 4 Petr Aven Chairman of the Board of Directors of ABH Holdings S.A., Member of the Board of Directors of Alfa-Bank (Russia) From 1994 to June 2011, Mr. Aven served as President of Alfa-Bank (Russia). Mr. Aven was responsible for the Bank's overall strategy and relations with business and government leaders in Russia and abroad. Prior to joining Alfa-Bank (Russia) in 1994, Mr. Aven was Minister of Foreign Economic Relations for the Russian Federation (1991-1992), serving as Russia's representative to the Group of Seven, and conducting a number of high-level trade and economic missions to Western capitals. Mr. Aven worked at the International Institute for Applied Systems Analysis in Laxenburg, Austria (1989-1991). Currently, he is Chairman of the Board of Directors of ABH Holdings S.A., Chairman of the Supervisory Board of Alfa-Bank (Ukraine), a member of the Board of Directors of Alfa-Bank (Russia) and Chairman of the Board of Directors at AlfaStrakhovanie Group. Mr. Aven is a member of the Board of Directors of the New Economic School (NES), a member of President’s Council on International Activities of Yale University (USA), also he is a member of the Boards of Trustees of: the Moscow State University named after Lomonosov, the Russian Geographical Society, and Co-Chairman of the Board of Trustees of the Pushkin State Museum of Fine Arts. Also, Mr. Aven is a member of the Presidium of Russian International Affairs Council (RIAC), a professor at the State University Higher School of Economics and is Honorary Doctor (Dr.h.c.) of the University of Latvia. Since April 2006, he has been a member of the Board of the Russian Union of Industrialists and Entrepreneurs. In 2007 Mr. Aven became Chairman of the Russia-Latvian Business Council. He graduated from the Moscow State University in 1977 and holds a PhD in Econometrics. Mr. Aven was born in Moscow, Russia in 1955. Andrei Kosogov Member of the Supervisory Board of Alfa Group Consortium Mr. Kosogov is a member of the Board of Directors of AlfaStrakhovanie Group, a member of the Board of Directors of Alfa-Bank (Russia), a member of the Board of Directors of ABH Holdings S.A., a member of the Board of Directors of Alfa-Bank (Kazakhstan) and a member of the Board of Directors of Alfa-Capital Management Company LLC. From November 2005 through June 2009, Mr. Kosogov acted as Chairman of the Supervisory Board of Alfa-Bank (Ukraine). From 2005 to 2011, Mr. Kosogov served as Chairman of the Board of Directors of Alfa Asset Management. From 2003 to 2007, Mr. Kosogov acted as Chairman of the Board of Directors of AlfaStrakhovanie Group. From 1998 to 2005, Mr. Kosogov was First Deputy Chairman of the Management Board of Alfa-Bank Russia and Director of its Investment banking division. From 1992 to 1998, Mr. Kosogov served as CEO of Alfa-Capital Management Company LLC. Mr. Kosogov graduated from the Moscow Power Engineering Institute in 1987. He was born in Sillamaё, Estonia in 1961. Alexander Fain General Director of A1 Mr. Fain graduated with honors from the Moscow Institute of Chemical Engineering, Engineering Department in 1958. From 1958 until 1988, he was involved in a number of innovative engineering projects. Mr. Fain is the author of more than 70 scientific articles, manuals, books, monographs, and patents. He also holds the honorary title of active member of International Academy of Sustainable Development and holds a candidate's degree and is a professor in the field of applied mathematics. Mr. Fain is often cited by the leading Russian business periodicals as one of the most influential businessmen in Russia. He was born in Moscow, Russia in 1936. 5 Vladimir Skvortsov CEO of AlfaStrakhovanie Group Mr. Skvortsov is CEO, Chairman of the Management Board and a member of the Board of Directors of AlfaStrakhovanie Group, also he is a member of the Board of Directors of Alfa-Capital Management Company LLC. From July 2000 until April 2002, Mr. Skvortsov served as Executive Director of NIKoil Investment Banking Group and from 1998 to 2000, he served as CEO of NIKoil brokerage company. From 1992 to 1998, Mr. Skvortsov was First Vice-president of Rinaco PLUS investment company. Mr. Skvortsov graduated from the Moscow State University in 1992, Faculty of Mechanics and Mathematics. Mr. Skvortsov was born in Moscow, Russia in 1969. Alexey Marey Chief Executive Officer of Alfa-Bank (Russia) Currently, Mr. Marey is CEO, a member of the Executive Board and a member of the Board of Directors of Alfa-Bank (Russia), also he is a member of the Board of Directors of AlfaStrakhovanie Group and a member of the Board of Directors of Alfa-Capital Management Company LLC. From January 2012 until May 2012, Mr. Marey served as Deputy Chief Executive Officer of Alfa-Bank (Russia). From 2007 to January 2012, Mr. Marey served as Head of Retail Banking of Alfa-Bank (Russia) and a member of the Executive Board of Alfa-Bank (Russia). From 2006 to 2007, Mr. Marey served as Director of Retail Sales in Retail Banking of Alfa-Bank (Russia). From 2004 to 2006, Mr. Marey was Head of Distribution (Moscow) in Retail Banking of Alfa-Bank (Russia). From 1998 to 2004, Mr. Marey held various positions in Danone (Russia), Gillette (Russia), Duracell (Russia). Mr. Marey graduated from the Moscow Aviation Institute (MAI), Economics Faculty in 1999. Mr. Marey was born in Moscow, Russia in 1977. Igor Shekhterman Chief Executive Officer of Х5 Retail Group Mr. Shekhterman is Chief Executive Officer of X5 Retail Group. Previously, he had been a Managing Partner in RosExpert, which he co-founded in 1996 and has subsequently successfully developed into the Russian partner of Korn/Ferry International. Earlier, Mr. Shekhterman served as a finance manager at the Russian branch of Beoluna, the Japanese jewelry producer.
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