Kjell Carlsson, Chairman

Kjell Carlsson is Chairman of the Board of Kopy Goldfields and has been a Board member since 2010. Born in 1951, he is a Swedish citizen. He holds a MSc in mechanical engineering.

Kjell has wide experience from the international engineering and mining area, having held senior management positions at Sandvik, Atlas Copco and ABB.

Apart from his involvement in Kopy Goldfields, Kjell’s current assignments include being a Board member of Appalto AB, Kopy Development AB, AB Krasny Gold Field, EuroMaint Rail AB and Bruzaholms Bruk AB

His relinquished assignments during the last five years include positions as Chairman of the Board of Sandvik Nora AB, CEO and Board member of Sandvik Mining and Construction Tools AB, Chairman of the Board of AB Sandvik KPS, Board member of Monitoring Control Center MCC AB, Board member of Sandvik Mining and Construction Sverige AB and Partner of Ingenjörsfirma C.J. Carlsson HB.

Shareholding in Kopy Goldfields: 260,000
Warrants: 260,000

Johan Österling, Board member

Johan Österling has been a Board member of Kopy Goldfields since 2011. Born in 1946, he is a Swedish citizen, holding a Swedish LLM (Master in Law) and BA (business administration), as well as Dipl. Air Space Law from McGill University.

Johan’s career includes being appointed Advokat (Member Swedish Bar Association), and having served as Partner of Foyen law firm until 2011.

Apart from his involvement in Kopy Goldfields, his other current assignments include being I.a. Board member of Dragon Mining (Sweden) AB, Chairman of Kilimanjaro Gold AB, Board member of AB Surditet, Chairman of the Board, of Göthes AB, Chairman of the Board Fahlia AB, Chairman of the Board of Penclic AB, Chairman of the Board of ByggBag AB, Chairman of the Board of JE Österling Förvaltning AB and Board member of Hydropulsor AB

Relinquished assignments during the last five years include being I.a. of Nomor AB (publ), Board member of Bofors Bruk AB and Hedera Group AB (publ).

Shareholding in Kopy Goldfields: 700,000
Warrants: 130,000

Andreas Forsell, Board member

Andreas Forsell has been a Board member of Kopy Goldfields since 2011. Born in 1971, he is a Swedish citizen holding a Master’s Degree in Business Administration and MBA.

Andreas’ work experience includes being CEO and Board member of Crown Energy AB as well as Managing Director of Tomsk Refining. Among his other assignments are being a Board member of Andreas Forssell AB and Board member of AB Krasny Gold Fields

His relinquished assignments during the last five years include being CEO of Tomsk Refining AB, Board member of Tomsk Konsult AB, Board member of Play on TV Europe AB, and Board member of Stella Nova Filmproduktion AB.

Shareholding in Kopy Goldfields: 168,000
Warrants: 130,000

Management

In Kopy Goldfields’ management team, the skills and knowledge of Russian geologists is combined with an efficient, Swedish organization.

Mikhail Damrin, CEO

CEO of Kopy Goldfields is Mikhail Damrin, a Russian citizen born in 1970. He joined the company in January 2009.

Mikhail has studied engineering, mining and economics in both Russia and the UK, with an MSc degree in optical engineering, Moscow Technical University (Russia), a BSc degree in Mining engineering from the Tomsk Polytechnic University (Russia), a BSc degree in International Economics from the Russian Academy of Foreign Trade (Russia) and an MBA degree from the Cranfield University (UK).

During 2007-2008, Mikhail worked for Central Asia Gold AB as a senior project manager responsible for corporate development, M&A and planning. He has also held top management positions at West Siberian Resources and Vostok Nafta Investment Ltd. Mikhail Damrin is fluent in English and Russian.

His other assignments include being a board member of LLC Krasny.

Shareholding in Kopy Goldfields: 262,241
Warrants: –

Tim Carlsson, CFO, Vice President

Tim Carlsson joined Kopy Goldfields in 2011, when he was appointed CFO of the company. Born in 1979, he is a Swedish citizen.

Tim has studied business in Sweden and Germany, holding a Master’s Degree in Business Adminstration from Linköping University, Sweden with further business studies at Eberhart Karls Universität in Tübingen, Germany. He has also studied Russian at Herzen University in St Petersburg, Russia

Tim has previously worked as Authorized Public Accountant at KPMG Sweden.

His other assignments include being a board member of LLC Krasny, while his relinquished assignments during the last five years consists of a board membership of Brf Oxen Mindre 22.

Shareholding in Kopy Goldfields: 800,000
Warrants: –

Alexander Vamboldt, Managing Director OOO Kopylovsky

Alexander Vamboldt joined Kopy Goldfields in September 2010 and currently holds the position as Managing Director of OOO Kopylovsky. Born in 1957, he is a Russian citizen.

Alexander holds a Master degree in Mining Engineering from the Krasnoyarsk Institute of Non-Ferrous Metals in Russia.

With a career in international mining, Alexander has held a number of top positions including being Executive director of GUAM S.a.r.l. in Guinea with responsibility for placer gold prospecting and exploration, director of Minusinsk Exploration Expedition with responsibility for placer gold production at the Beika deposit in the Republic of Khakasia, manager of MAVAX S.a.r.l. in Guinea, with responsibility for bedrock gold exploration planning and development and director of OOO Tardan Gold with responsibility for construction and management of an open pit gold mine and processing plant.

His other assignments being on the Russian Statutory Committee on Reserves (GKZ) as expert with Krasnoyarsk.

Shareholding in Kopy Goldfields: –
Warrants: –

Dr. Evgeny Bozhko

Dr. Evgeny Bozhko joined Kopy Goldfields in 2010 and was appointed Chief geologist in 2011.

Born in 1968, he is a Russian citizen.

Dr Evgeny holds a PhD in geological and mineralogical science and a degree in prospecting and exploration geology from the Voronej State University in Russia

With an international career in mining, he has held a number of Senior geologist/Chief geologist positions at several Russian and African exploration- and mining companies.

Shareholding in Kopy Goldfields: –
Warrants: –