Mikhail Parakhin, a member of the Board of Directors of Yandex N.V. has resigned from the Board, effectively February 25, 2021. The Board intends to nominate a successor to Mr. Parakhin for election as a non-executive director at the Annual General Meeting to be held in 2021. Mr. Parakhin served as the Chief Technology Officer of Yandex from 2014 to 2019, and joined the Board as a non-executive director in 2019. Mr. Parakhin currently serves as Corporate Vice President of Technology at Microsoft.