X5 Retail Group N.V. announced that The Supervisory Board proposes to the Company's upcoming Annual General Meeting of Shareholders the nomination of Richard Brasher to succeed Karl-Heinz Holland, as well as the nomination of Alexander Tynkovan, who previously served as a member of the X5 Retail Group Supervisory Board in 2008-2015. Furthermore, the Supervisory Board has appointed Peter Demchenkov as the new Chairman of the Board. Peter succeeds Stephan DuCharme, who is eligible to remain on the Board and, together with Mikhail Fridman, has been nominated for re-appointment in line with the Board's re-appointment schedule. These decisions were taken by the Board at its meeting on 18 March 2021.