Moscow – The Board of Directors of PhosAgro (the “Company”, the “Group”, MOEX, LSE: PHOR), one of the world’s leading vertically-integrated phosphate-based fertilizer producers, has voted unanimously to re-appoint Andrey Guryev to the posts of Chairman of the Management Board and Chief Executive Officer of PhosAgro.

The results of Andrey Guryev’s seven-year tenure as PhosAgro’s CEO, as well as the Company’s development outlook, will be reported at a meeting of the Board of Directors in the second half of August 2020.

The Board of Directors, which met in absentia, also authorised Andrey Guryev to hold management positions in other organisations, including the President of the Russian Association of Fertilizer Producers, a member of the Board of Directors of the International Fertilizer Association, a member of the Commission of the Russian Federation for UNESCO, a member of the Board of the Russian Union of Industrialists and Entrepreneurs, Chair of the Russia-Argentina Business Council, Chair of the Russia-Brazil Business Council.