Limited Liability Company “Uralchem Fundamental chemical company” (hereinafter, the Company, Uralchem Fundamentals LLC) announces that Dmitry Mazepin, who previously held a 100% stake in the Company, has sold a controlling stake (52%) from his holding. Dmitry Mazepin thus now has a 48% stake in the Company. He also resigned from the position of the CEO of Uralchem JSC (which is a wholly-owned subsidiary of the Company). Dmitry Konyaev, who previously chaired the board of directors of Uralchem JSC, was appointed the new CEO of Uralchem JSC. Replacing Dmitry Konyaev as the board chair at Uralchem JSC is Dimitry Tatyanin, who previously was its deputy chairman of the board.