VimpelCom extends Russian subsidiary’s CEO contract

Amsterdam (26 August 2016) - VimpelCom Ltd. (NASDAQ: VIP), a leading global provider of telecommunications and digital services headquartered in Amsterdam and serving over 200 million customers, is pleased to announce it has extended the contract of Mikhail Slobodin, Chief Executive Officer (CEO) VimpelCom Russia, to the end of August 2019.

Mikhail Slobodin joined VimpelCom to lead VimpelCom’s Beeline operation in Russia in 2013 after holding key positions in the oil and gas industry.

Kjell Morten Johnsen, VimpelCom Head of Major Markets, said: “We are pleased to continue to have Mikhail on board as he leads the digital change and transformation of our business in Russia over the coming years. Mikhail has led from the front in demonstrating the change that Beeline is undergoing in Russia and his leadership and deep market knowledge will continue to underpin and serve our business well in this highly competitive market.”

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