KYIV, UKRAINE – AVANGARDCO INVESTMENTS PUBLIC LIMITED (LSE: AVGR) (the “Company” or “Avangard”), the leading producer of shell eggs and egg products in Ukraine, is pleased to announce the appointment of Mr. Oleg M. Pohotsky as an Independent Board Director.

Mr. Pohotsky is a corporate finance and investment management professional with over forty years of experience in both industry and the financial markets. Presently, he is the founding partner of Right Bank Partners and serves on the boards of two NYSE-listed closed end funds. Mr. Pohotsky also serves on the Board of Advisors of Kaufman & Co., a Boston-based boutique investment banking firm and in the Position of Senior Advisor to GovernanceMetrics International.

Prior to forming Right Bank Partners, Mr. Pohostky worked as a Senior Executive at Bear Stearns, First Albany Corporation and Idanta Partners, a Texas based venture capital affiliate of the Bass Brothers. Mr. Pohotsky began his career in the industrial sector with A. Johnson & Company, the U.S. holding company for the Axel Johnson Group of Sweden.

Mr. Pohotsky holds an MBA from the Harvard University Graduate School of Business and a JD degree from the University of Miami. He also holds a BSChE degree from Clarkson University.

Nataliya Vasylyuk, Chief Executive Officer of Avangard, said:

“We are very pleased to welcome Mr. Pohotsky to Avangard’s Board of Directors. I am confident that his extensive experience and expertise will make a valuable contribution to the long term development of Avangard’s market position and sustainable growth. Undoubtedly, his extensive managerial experience, deep knowledge and broad perspective will be reflected in the quality of his strategic advice, to the benefit of the company and its shareholders. ”

For IR relations enquiries:

Victoria Korolchuk
Avangard
Head of Investor Relations

phone.: +38 044 593 28 60
mob.: +38 067 214 84 23
e-mail: v.korolchuk@avangard.co.ua