2025 Phosagro Integrated Report

Executive bodies

In charge of PhosAgro’s day‑to‑day operations are two executive bodies accountable to the Board of Directors:

  • the collegial body (Management Board) and
  • the sole executive body (CEO).

In 2025, the Management Board held six meetings and reviewed nine matters, most of which were related to the budget discipline.

At least twice a year, at the end of six months and full calendar year, the CEO submits a report on the performance of the Company’s executive bodies to the Board of Directors for review and approval. The report traditionally includes highlights of the Company’s production, sales, logistics, and procurement operations, and data on progress against key investment and target projects. It also focuses heavily on the executive team’s environmental and occupational safety performance, social support for employees, and external social investments.

For more information, see the Remuneration Report section

To ensure that the executive bodies and management team of the Company remain focused on PhosAgro’s strategy and long‑term sustainable business development for the benefit of shareholders and other stakeholders executive remuneration is linked to the Company’s goals, including those in the realm of ESG.

Breakdown and number of matters considered
4412444228109‘23‘24‘25Revision and approval of PhosAgro’s quarterly and annual budgetsReview of operating and financial reportsApproval of internal regulations

Management Board

In May 2025, the number of Management Board members was approved at three. Since that date and as at 31 December 2025, members of the Management Board were Alexander Gilgenberg, Alexei Sirotenko, and Dmitry Morozov.

Age of Management Board members
111Above 60 years50–60 year40–50 years
Tenure on the Management Board
111More than 10 years1–10 yearsLess than 1 year
Education of Management Board members
21LawEconomics

Information on members of the Management Board

Professional experience

2019–2025 – Apatit, CEO

2025–2025 – PhosAgro, CEO (part-time)

2025 – Pr. – PhosAgro, CEO

2025 – Pr. – PhosAgro-Region, Member of the Management Board.

2025 – Pr. – International Fertilizer Association (IFA), Member of the Board of Directors

2025 – Pr. – Russian Association of Fertilizer Producers (RFPA), Member of the Management Board

Education

Kutafin Moscow State Law University, Vologda branch, Degree in Law

Key competencies

  • Strategy and innovation
  • Corporate governance and sustainable development (ESG)

Professional experience

2017 – Pr. – Apatit, Legal Affairs Director

2013 – Pr. – PhosAgro, Member of the Management Board

2010 – Pr. – PhosAgro, Deputy CEO for Corporate and Legal Affairs (part-time)

Education

Lomonosov Moscow State University, Degree in Jurisprudence, Lawyer

Key competencies

  • Law and corporate governance

Professional experience

2025 – Pr. – PhosAgro, Director for Economic Affairs (part-time)

2022 – Pr. – PhosAgro, Member of the Management Board

2022–2025 – PhosAgro, Advisor to the CEO (part-time)

2019 – Pr. – Apatit, Director for Economic Affairs

Education

Moscow State Institute of International Relations, Degree in International Economic Relations, Economist for International Economic Relations

Key competencies

  • Strategy and innovation
  • Finance and audit