Arkady Volozh is leaving the board of directors and the position of CEO of Yandex Group, as well as management positions in the group's international subsidiaries, due to the imposition of personal sanctions. Neither Yandex N.V. nor the group's subsidiaries have been placed on the sanctions lists of the European Union, the United States or the United Kingdom. Arkady Volozh, through a family trust, owns 45.3% of the voting and 8.6% of the economic interest in Yandex N.V. Under Arkady Volozh's decision, the trust will now vote shares as recommended by the board of directors.