Annual Report

ASTARTA HOLDING N.V. Annual Report 2011Valery Korotkov serves as a Non-Executive Director C with the Company and the Chairman ofthe Board of Directors since its incorporation.In 2003 Mr. Korotkov became a co-owner of LLC Firm “Astarta-Kyiv”.From 1992 to 1999 Mr. Korotkov worked as a director for a number of companies, such asROSMARK, MPVoil, CJSC “Rosneft-Zapad”, “Rosagronefteproduct”, CJSC “TNKinvestneft”,Municipal Unitary Enterprise “Poklonnaya gora” and then for 6 years he was a DeputyGeneral Director at the Financial Company “Agronefteproduct”.Mr. Korotkov graduated from the Kharkov Institute of the Engineers of CommunalConstruction (1985). In 1990 he obtained the degree of Candidate of engineering sciencesand in 2002 he graduated from the University College Kensington and obtained a degree of aMaster of business administration.Shares owned in the Company: 6,496,883 shares in the Company held through a Cypriotholding company named Aluxes Holding Ltd.WLADYSLAW BARTOSZEWSKI (born in 1955, male)Non-Executive Director C, the Vice Chairman of the Board, Polish and British citizenStarting from 2007 and till the end of 2011, Mr. Bartoszewski worked for Credit Suisse, asthe General Manager of Credit Suisse (Luxembourg) S.A., Poland Branch, based in Warsaw.Between 2004 and 2007, and also between 1991 and 1997 he was at Central Europe TrustCo. Ltd, a British consulting and advisory firm, where he was a Board Director, working inWarsaw, Kiev and Moscow. Between 2000-2003 he was a Managing Director of ING Barings,responsible for all its investment banking activities in Poland. In 1997, he joined J.P. Morganwhere he was until the end of 2000 in charge of the Polish operations of the bank as a headof the Warsaw office. Between 1991 and 1997 he worked in Central Europe Trust Co. Ltdand prior to that Mr. Bartoszewski was a lecturer at St Antony's College, Oxford, attached tothe Institute of Russian, Soviet and East European Studies of the Oxford University as of1985.Wladyslaw Bartoszewski, PhD, is a graduate of the University of Warsaw and University ofCambridge. He has worked in financial services since 1990 and is registered with the BritishFinancial Service Authority.Shares owned in the Company: 0.None of the Executive Directors holds more than two supervisory board memberships oflisted companies or is chairman of such supervisory board other than of a group company.The Company shall evaluate the balance of skills, knowledge and experience of eachmember of the board and, in light of this, prepare a description of the role, experience andskills required for a particular new appointment.The Resignation Schedule for Members of the Board of Directors has been drawn up inaccordance with article 6.2 of the Rules of the Board of Directors. It can be viewed on theCompany’s website (www.astarholding.com).40