CORPORATE GOVERNANCE

Board of Directors

Kjell Carlsson, Chairman

Chairman of the Board and Board member since 2010.

Born: 1951, Swedish citizen.

Education: MSc mechanical engineering.

Work experience: Senior management positions with Sandvik, Atlas Copco and ABB.

Other activities: Board member, Appalto AB; Board member, Kopy Development AB; Board member, AB Krasny Gold Fields; Board member, Bruzaholms Bruk AB.  

Relinquished activities over the last five years: Board member, EuroMaint Rail AB; Partner, Ingenjörsfirma C.J.Carlsson HB.

Shareholding in Kopy Goldfields: 982,880

Warrants: 680,000

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: Yes

Tord Cederlund

Board member since 2019.

Born: 1941, Swedish citizen.

Education: M.Sc. Economics, Lund University 

Work experience: Authorized Public Accountant PWC, Exec. chairman, Cederlund & Grandin AB finance company, Exec. Chairman, Bjurfors AB, CEO, Arctic Gold AB, CEO,  Novatelligence AB

Other activities: Board member, CME Engineering AB, Medipal AB, Tarento Group AB, Terra Management Int AB, Uppsala Bostadsproduktion AB, Waya Finance & Technology AB, Ziot Solutions AS, Brf Duvgränd 5, Kritan 1, Morpheus 2.

Relinquished activities over the last five years: Sarsys-Asft AB (publ), Arctic Gold AB (publ), Nordic Mines AB (publ)

Shareholding in Kopy Goldfields: 9,335,155

Warrants: 160,000

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: Yes

Andreas Forsell, Board member

Board member since 2011.

Born: 1971, Swedish citizen.

Education: M.Sc. Economics, MBA

Work experience: CEO Crown Energy AB; CEO, Tomsk Refining AB.

Other activities: Board member, Andreas Forssell AB; Board member, AB Krasny Gold Fields; Board member, Crown Energy Iraq AB; Board member, Amicoh Resources Ltd; Board member, Crown Energy Ventures Corporation; Board member, Simbo Petroleum No.2 Limited; Board Deputy, DIYTI AB.

Relinquished activities over the last five years: Board member Crown Energy AB

Shareholding in Kopy Goldfields: 218,400

Warrants: 350,000

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: Yes

Eric Forss, Board member

Board member since 2020.

Born: 1965, Swedish citizen

Education: B.Sc. degree in Finance from Babson College, Wellesley, Massachusetts USA.

Work experience: Former Chairman of Alliance Oil Company Ltd (former West Siberian Resources Ltd) and AR Oil and Gaz BV, and President of Forcenergy AB. He has also served as a director of and advisor to several public and private Swedish and international companies.

Other activities: Owner, CEO and Board member of Forsinvest AB. Chairman of Mediagruppen Stockholm MGS AB, D.O.Y AB, Gangsters Post AB and WindForss Energy AB, board member of Forcenergy AB, Forsinvest AB, S.O.G. Energy AB and Brf Furiren nr 6. Deputy board member of Fogel & Partners i Stockholm AB, Fogel & Partners Analys AB Pebble beach AB.

Relinquished activities over the last five years: Board member of Lirio 3 AB and Matra Petroleum AB. Deputy board member of Misu Consulting AB and MISU Consulting no. 2 AB

Shareholding in Kopy Goldfields: 3,538,144 shares held via Forsinvest AB

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: Yes

Arsen Idrisov, Board member

Board member since 2020.

Born: 1970, Russian citizen

Education: Graduated with from the Russian Economic Academy named after G. V. Plekhanov.

Work experience: Managing director and Board member of Alliance Oil Company Ltd. Board member and Chairman of OJSC Alliance Oil Company, Vice-president and President of OJSC Alliance Oil Company, CEO of CJSC IC Alliance Capital, adviser to the President of OJSC Sidanko, Marketing director and General Director of Lia Oil S.A., Moscow office

Other activities: Managing director of Alliance Mining Company LLC, Senior Vice-president of Russian Platinum LLC, and Vice-President of OJSC Alliance Group

Relinquished activities over the last five years: –

Shareholding in Kopy Goldfields: Mr Idrisov is one of three shareholders of the sole shareholder of HC Alliance Mining Group Ltd., holding 587,416,959 shares in Kopy Goldfields

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: No

Johan Österling, Board member

Board member since 2011.

Born: 1946, Swedish citizen.

Education: Swedish LLM (Master in Law) and BA (business administration).

Work experience: Lawyer (Member Swedish Bar Association), Partner of Foyen law firm until 2011.

Other activities: Board member, AB Krasny Gold Fields; Board member, Bodaibo Holding Ltd; Board member, Dragon Mining Sverige AB; Board member, AB Surditet; Board member, Human & heart HR AB; Board chairman, Kilimanjaro Gold AB; Board chairman, Penclic AB; Board chairman, JE Österling Förvaltning AB; Board chairman, AB Bröckeln (publ); Board chairman, Beizperr (publ); Board chairman, AB Ility.

Relinquished activities over the last five years: Board chairman, Göthes AB; Nomor AB (publ); Bofors Bruk AB; Hedera Group AB (publ); ByggBag AB; Fahlia AB.

Shareholding in Kopy Goldfields: 910,000

Warrants: 350,000

Independent in relation to:

  • The Company and management: Yes
  • Major shareholders: Yes

Management

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

Mikhail Damrin, CEO

CEO since 2009.

Born: 1970, Russian citizen.

Education: MSc mechanical engineering, Moscow Technical University; Bachelor’s degree in mining technology, Tomsk Polytechnic University; Bachelor’s degree in international finance, Russian Academy of Foreign Trade; MBA, Cranfield University, Bachelor’s degree in open pit mining from the Moscow Mining University.

Work experience: Business development and M&A manager of Central Asia Gold; CFO och Commercial Director at West Siberian Resources and Vostok Nafta Investment Ltd; Management position at Vostok Nafta Investment Ltd.

Other activities: Board member, LLC Krasny; Board member, Kopy Development AB

Relinquished activities over the last five years: –

Shareholding in Kopy Goldfields: 627,977

Warrants: 1,125,000

Tim Carlsson, CFO, Vice President

CFO since 2011, Deputy CEO since 2012.

Born: 1979, Swedish citizen.

Education: Master of Business, Linköping University, Sweden. Russian Studies, Herzen University, St. Petersburg, Russia, Economics Studies Eberhard Karls Universität Tübingen, Germany.

Work experience: Authorized Public Accountant, KPMG.

Other activities: Board member, LLC Krasny; Board member, Kopy Development AB

Relinquished activities over the last five years: Board member, Brf Oxen Mindre 22

Shareholding in Kopy Goldfields: 1,090,000

Warrants: 570,000

Alexander Sutyagin

Chief Operational Officer

Joined Kopy Goldfields in 2010.

Education: 1980 – Kuibyshev Polytechnic Institute.

Work experience:
2014-2020 – Executive Director, Russian Platinum.
2006-2014 – Senior Vice-President of Oil Company Alliance, JSC; Executive Vice President, Oil company Alliance Management.
2003-2006 – Vice-President, Business activities development and coordinating, Oil Company Alliance, JSC.
2000-2003 – General Director, Far Eastern Alliance.
1995-1998 – Head of representative office, Lia Oil S.A. (Switzerland).
1980-1998 – Kuibyshev Polytechnic Institute, Professor, PhD in Technical Sciences.

Relinquished activities over the last five years: –

Shareholding in Kopy Goldfields: –

Warrants: –

Svetlana Krinichnaya

Head of HR and Organizational Development

Joined Kopy Goldfields in 2020.

Education:
1992 – Irkutsk State Linguistic University, English language and intercultural communication.
2005 – Higher School of Economics, St. Petersburg, HR Management Program with Grenoble University.
2012 – INSEAD (Europe office), Business Strategy.
2015 – MBA University of Cumbria, England. MBA in Leadership & Sustainability.

Work experience:
2012-2020 – Head of HR and Organizational Development, Russian Platinum.
2011-2012 – Head of HR and Organizational Development, Rusagro Group LLC;
2008-2011 – Head of Human Resources, NordGold S.A.
2005-2008 – Head of West Group HR Department, Severstal, Vtorchermet;
2003-2005 – HR Generalist, Telenor Media AS.

Shareholding in Kopy Goldfields: –

Pavel Korol

Financial Director

Joined Kopy Goldfields in 2016.

Education:
2013 – Specialist in Qualified Engineer-Manager in High Technology Management, Bauman Moscow State Technical University (Russia).
2012 – MSc International Business and Finance, De Montfort University (England).
2011 – Bachelor’s degree in Management, Bauman Moscow State Technical University (Russia),

Work experience:
2016-2020 – Russian Platinum Group, Corporate Finance Department.
2015-2016 – Independent Oil Company, Corporate Finance Department.
2012-2015 – Gazprombank, Project Finance and Strategic Client’s Department.

Shareholding in Kopy Goldfields: –

Alexander Polonyankin

Head of Strategy & Development

Joined Kopy Goldfields in 2012.

Education:
1999 – MSc in Geology, Krasnoyarskiy State Academy of Non-ferrous Metals and Gold;
1999 – Gemologist, Additional education.

Work experience:
2012-2020 – Deputy CEO, Strategy & Development, Russian Platinum
2006-2012 – Principal Geologist, Head of Geology, SRK Consulting (Russia) Ltd.
2001-2006 – Mining and resource geologist, “AS Priisk Drazhniy” (“Uzhuralzoloto”) LLC and “Severstal-resource” LLC.
1997-1999 – Field geologist, Expert-gemologist in jewelry workshop, “Krasnoyarskgeologiya” JSC.

Mr. Polonyankin is the Member of Australian Institute Mining and Metallurgy (MAusIMM) and has Chartered Professional accreditation in geology (GeoCP).

Shareholding in Kopy Goldfields: –

Dmitry Karmanov

Head of Legal Department

Joined Kopy Goldfields in 2010.

Education:
1996 – International Institute of Economics and Law, Lawyer.

Work experience:
Alliance Group 2002-2020.
Kanon Moscow Bar Association (then – Klishin & Partners Attorneys at Law), Attorney. Accreditation in geology (GeoCP).

Shareholding in Kopy Goldfields: –

Dr. Evgeny Bozhko

Chief geologist since 2011, employed at Kopy Goldfields since 2010.

Born: 1968, Russian citizen.

Education:
PhD in geological and mineralogical science;
Voronezh State University (Russia), Master in Prospecting and Exploration Geology.

Work experience:
1990-2000 – geologist at various projects in Yakutia (Russia); lecturer at Voronezh State University;
2000-2010 – many senior positions as chief geologist for exploration and mining companies operating in Africa.

Relinquished activities over the last five years: – 

Shareholding in Kopy Goldfields: –

Warrants: 570,000