Cherkizovo Group announces results of its Board of Directors meeting

Moscow, Russia - April 25, 2017 - PJSC Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the results of its Board of Directors meeting, which was held on April 24, 2017.

The Board of Directors re-elected Evgeny Mikhailov as the Chairman of the Board, Richard Paul Sobel as Deputy Chairman of the Board and reappointed Anastasia Bakhmacheva as the Corporate Secretary of PJSC Cherkizovo Group.

The Board also approved the composition of the Audit Committee, Personnel and Remuneration Committee and Investment and Strategic Planning Committee, and elected their members.

Elliot Brinton Jones, Emin Tofik oglu Mammadov and Roger Gary Wills were elected as members of the Audit Committee of the Board of Directors, with Elliot Brinton Jones elected as the Chairman.

Elliot Brinton Jones, Emin Tofik oglu Mammadov and Roger Gary Wills were elected as members of the Personnel and Remuneration Committee of the Board of Directors, with Emin Tofik oglu Mammadov elected as the Chairman.

Sergey Mikhailov, Richard Paul Sobel, Elliot Brinton Jones, Rafael Fuertes Quintanilla and Emin Tofik oglu Mammadov were elected as members of the Investment and Strategic Planning Committee of the Board of Directors, with Sergey Mikhailov elected as the Chairman.

For more information please visit www.cherkizovo.com or contact

Cherkizovo Group

Irina Kravets, PR Manager, +7 (495) 660 2440 ext. 15171, i.kravets@cherkizovo.com

About Cherkizovo Group

Cherkizovo Group is the largest meat and feed producer in Russia. The Group is a top-3 producer in the poultry, pork and processed meat markets and is the largest feed manufacturer in the country.

Cherkizovo Group encompasses 8 full cycle poultry production facilities, 15 modern pork production facilities, 6 meat processing plants, 9 feed mills and more than 140,000 hectares of agricultural land. In 2016, Cherkizovo Group produced 903,000 tons of meat products.

Thanks to its vertically integrated structure, which includes grain growing and storage, feed production, livestock breeding, fattening and slaughtering, and meat processing, alongside a distribution system, the Group has consistently delivered stable, long-term growth of both sales and revenue. The Company's consolidated revenue reached RUB 82.4 bn in 2016.

Cherkizovo Group shares are traded on the London Stock Exchange (LSE) and on the Moscow Exchange (MOEX).