Public Joint Stock Company Magnitogorsk Iron & Steel Works announces that the MMK Board of Directors completed its voting in absentia on June 5, 2020. The Board of Directors elected Viktor Rashnikov as Chairman of the Board. Four committees were created within the Board; Audit Committee (Chairman: Kirill Levin), HR and Remuneration Committee (Chairman: Valeriy Martsinovich), Strategic Planning Committee (Chairman: Viktor Rashnikov) and Committee on Labour Protection, Industrial Safety and Ecology (Chairman: Tav Morgan). Kirill Levin was also named an Independent Member of the Board.