ETALON GROUP PLC announced changes to the membership of its Board of Directors. In line with best corporate governance practices and in order to maintain a balanced Board structure and the independence of the Board's directors, Vitaly Pyltsov has been appointed as a new independent director. In addition,Vitaly was nominated and unanimously approved by the Board of Directors as the Chairman of the Audit Committee.

Vitaly Pyltsov has 30 years of experience in finance, audit and management, including strategy development at Russian and international companies.