| Dear Board members, Further to our meeting in Paris last month, please find attached draft minutes for your review, approval and sign off. I would like to update you on status of some items of meeting agenda which require actions from Burisma team: Item # 5 - IFRS accounts for 2013 is in progress. Item # 6 - Reserves audit reports update - pending, some work needs to be done internally before DeGolyer & MacNaughton team comes around - kick off is scheduled for mid July - August this year Item # 7 - Updated ownership structure and related issues - internal legal department has been working on this since the end of May, joint working group needs to kick off their part of work - our proposal would be to initiate such cooperation at the level between Hunter Biden, Andrey Kicha (CLO), Marina Gerasymchuk (inhouse lawyer), Anna Onofriou (Sofocleous & Co. team lawyer, Cyprus) and Vadim Pozharskiy (advisor to the Board of Directors) - your confirmation is required here Item # 8 - Company Strategy - Leonid Petukhov and his team are working on this. Our proposal would be to involve Strategic Planning Committee into this work, once the draft concept is prepared by the Burisma team. Item # 9 - Media, PR and IR related issues - is in progress, cooperation at the level between Burisma team, FTI Consulting and ML Strategies is being run at this moment to develop the communication strategy as the main priority. Best, Vadim |