2 September 2016

Pavel Oderov appointed as CEO of Shtokman Development AG

Mr. Pavel Oderov, Head of Department of PAO Gazprom, has been appointed the Chief Executive Officer of Shtokman Development AG (as his secondary occupation) by a resolution of the Company’s Board of Directors. Mr. A.Zagorovskiy has been dismissed from this position because of his new appointment as the Managing Director of Nord Stream AG.

‘PAO Gazprom is now improving the management of its overseas subsidiaries on a comprehensive basis’, said Mr. P.Oderov entering into his new position. ‘The results of design and surveys done by Shtokman Development AG, its major experience of cooperation with foreign partners are of practical interest for the Gazprom Group and will be applied in our future activities’.