Untitled - PRIME Gold

1162005NORILSK NICKEL • ANNUAL REPORT •NORILSK NICKEL • ANNUAL REPORT •2005117••• Management Board of OJSC MMC Norilsk Nickel (1)Ralph Tavakolian MorganMember of the Board of Directors since 2005From 1995 to 2004 – Project manager, Partner of the Moscow office of McKinsey&Co.From 2004 to 2005 – Deputy Chairman of the Management Board and Deputy General Directorof MMC Norilsk Nickel.Since 2005 – Member of the Management Board and Deputy General Director of MMC NorilskNickel.Mr. Morgan is 37.Mikhail Dmitrievich ProkhorovChairman of the Management Board and General Director since 2001From 1998 to 2000 – President and Chairman of the Management Board of Unexim bank.From 2000 to 2001 – President of OJSC AKB Rosbank.From 2000 to 2002 – Member of the Board of Directors of OJSC AKB Rosbank and CJSC AKB IFC.Since 2003 – Member of the Board of Directors of MMC Norilsk Nickel.Since 2006 – Chairman of the Board of Directors of OJSC Polyus Gold.Mr. Prokhorov is 41.Mikhail Dmitrievich ProkhorovMember of the Board of Directors since 2003From 1998 to 2000 – President and Chairman of the Management Board of Unexim bank.From 2000 to 2001 – President of OJSC AKB Rosbank.From 2000 to 2002 – Member of the Board of Directors of OJSC AKB Rosbank and CJSC AKB IFC.Since 2001 – General Director and Chairman of the Management Board of MMC Norilsk Nickel.Since 2006 – Chairman of the Board of Directors of OJSC Polyus Gold.Mr. Prokhorov is 41.Ekaterina Mikhailovna SalnikovaMember of the Board of Directors since 2004From 1998 to 2001 – Member of the Board of Directors, OJSC Sidanko.From 2000 to 2004 – Member of the Board of Directors, CJSC Prof-Media.From 2000 to 2005 – Member of the Board of Directors of OJSC Power Machines.From 2001 to 2003 – Member of the Board of Directors, MMC Norilsk Nickel,Member of the Management Board of CJSC Holding Company Interros.From 2004 to 2005 – Member of the Board of Directors of CJSC AIC Agros.From 2004 to 2006 – Member of the Board of Directors of OJSC AKB Rosbank.Since 1998 – Director of Corporate Governance, CJSC Holding Company Interros.Since 2003 – Member of the Board of Directors of OJSC Open Investments.Since 2006 – Member of the Board of Directors of OJSC Polyus Gold.Ms. Salnikova is 48.Igor Anatolyevich KomarovMember of the Management Board and Deputy General Director since 2002From 1998 to 2000 – First Deputy Chairman of the Management Board of OJSC AKB NationalReserve Bank.From 2000 to 2002 – Deputy Chairman of the Management Board of OJSC AKB Savings Bankof the Russian Federation.From 2002 to 2004 – Member of the Board of Directors, OJSC AKB Rosbank.Mr. Komarov is 42.Yury Alexeevich KotlyarMember of the Management Board since 2001From 1997 to 2001 – First Deputy General Director of RAO Norilsk Nickel.From 1999 to 2003 – Member of the Board of Directors andChairman of the Board of Directors of RAO Norilsk Nickel.From 2001 to 2002 – General Director of OJSC GipronickelSince 2001 – General Director and Chairman of the Management Board of RAO Norilsk Nickel.Mr. Kotlyar is 67.CORPORATE GOVERNANCE REPORT12Kirill Lvovich UgolnikovMember of the Board of Directors since 2005From 1995 to 2000 – Deputy Head of the Russian Federation State Tax Service,First Deputy Minister for Taxes and Levies of the RF.Since 2000 – Member of the Board of Directors of CJSC Vneshyurcollegia,Member of the Board of Directors of AKB Investsberbank.Mr. Ugolnikov is 44.Ralph Tavakolian MorganMember of the Management Board and Deputy General Director since 2004From 1995 to 2004 – Project manager, Partner of the Moscow office of McKinsey&Co.Since 2005 – Member of the Board of Directors of MMC Norilsk Nickel.Mr. Morgan is 37.Heinz SchimmelbuschMember of the Board of Directors since 2003Since 1994 – Chairman of the Board and CEO of Allied Resources Corporation (USA).Since 1997 – Executive Director, Partner and Founder of Safeguard International Fund (US).Since 1998 – President, CEO and Member of the Board of Directors, Metallurg Holdings, Inc.,Chairman of the Board of Directors, ALD Vacuum Technologies (Germany).Since 1999 – Member of the Board of Directors of Becancour Silicon Inc.Since 2001 – Chairman of the Supervisory Board of Pfal-Flugzengwerke (Germany).Since 2003 – Chairman of the Board of Directors and CEO of Timminco Limited (Canada).Mr. Schimmelbusch is 61.Denis Stanislavovich MorozovMember of the Management Board and Deputy General Director since 2003From 1998 to 1999 – Director of the Commercial Banking Department of CJSC AKB IFC.From 1999 to 2001 – Head of the Corporate Capital, Shareholder and Investor OperationsDepartment of RAO Norilsk Nickel.From 2001 to 2003 – Head of the Legal Department of MMC Norilsk Nickel.From 2002 to 2003 – Member of the Board of Directors of RAO Norilsk Nickel.From 2002 to 2005 – Member of the Board of Directors, CJSC Polus.Since 2006 – Member of the Board of Directors of OJSC Polyus Gold.Mr. Morozov is 33.Note:(1) The Board of Directors was elected by the Annual General Meeting of Shareholders of MMC Norilsk Nickel on 30 June 2005. The following directors werenewly elected to the Board: R.T. Morgan and K.L. Ugolnikov, with the other 7 directors re-elected.