The Board of IRC Limited announced that, following the recommendation of the Company's Nomination Committee, the Board has appointed: Nikolai Valentinovich Levitskii, as non-executive director of the Company; and Dmitry Vsevolodovich Dobryak, as independent non-executive director of the Company. The Board announced that Mr. Levitskii and Mr. Martin Davison have been appointed to the Company's Nomination Committee and Mr. Dobryak has been appointed to the Company's Audit Committee. Mr. Nikolai Valentinovich Levitskii, aged 49, is currently the head of the representative office of Axiomi Consolidation Limited ("Axiomi") and the general director of LLC "Investment company "Axioma".

Mr. Dmitry Vsevolodovich Dobryak, aged 53, has 30 years of financial management, accounting, business development and administrative experience. His previous roles include CFO of Impulse M, a Moscow based start-up from 2019 to 2020 and CFO of Titan Automotive Solutions, an automotive communications solutions company in Belgium from 2020 to 2021.