Subject: RE: BoD Meeting press release
From: "Heather King" <[email-masked]>
To: "'Vadim Pozharskyi'" <[email-masked]>, "'Toohey, Ryan'" <[email-masked]>
Cc: "'Hunter Biden'" <[email-masked]>, "'Devon Archer'" <[email-masked]>, "'Alan Apter'" <[email-masked]>
Date: Fri, 6 Jun 2014 06:55:45 -0400

Vadim-I am writing this to strongly urge you in the clearest terms possible not to post anything to the website regarding the board meeting until we've had time to further discuss. Are you able to be on the 10 AM call this morning?

Heather King, Esq.
Partner
BOIES, SCHILLER & FLEXNER LLP
5301 Wisconsin Avenue, N.W.
Washington, D.C. 20015
202-274-1129 (Phone)
202-237-6131 (Fax)
[email-masked]

-----Original Message-----
From: Vadim Pozharskyi [[email-masked]<mailto:[email-masked]>]
Sent: Friday, June 06, 2014 06:10 AM Eastern Standard Time
To: Toohey, Ryan
Cc: Hunter Biden; Devon Archer; Alan Apter; Heather King
Subject: Re: BoD Meeting press release

Dear Ryan and all,
Since we’ve conducted Burisma Holdings’ very first meeting, I believe that it is extremely important to send  a clear signal to investors and public opinion that the Company is continuously building a transparent and effective corporate governance structure and is being open about it.

Best regarards, vadym

2014-06-06 11:53 GMT+03:00 Toohey, Ryan <[email-masked]<mailto:[email-masked]>>:
Vadim/Hunter:

If we are aiming to be overly transparent to signal a change, it may help to post this document to indicate that the board met and you focused on the governance reforms and strategic expansion we have discussed.

However, we are also still in a phase where we may answer questions with "we are a private company and have no obligation to disclose."

I'd recommend that we protect this latter option so we can still ground answers in our private company status. So I'd hold off on the message from the company re: board meeting.

Thanks - Ryan

On Jun 6, 2014, at 12:57 AM, "Hunter Biden" <[email-masked]<mailto:[email-masked]>> wrote:

I don't know of any board - at least that I've participated in that distributes a press release or even discloses there discussions or decisions unless they are a publicly held company and are required to do so. A private company's board meetings are private- unless we have real news to report.

RHB
202.333.1880<tel:202.333.1880>

On Jun 5, 2014, at 8:31 PM, "Toohey, Ryan" <[email-masked]<mailto:[email-masked]>> wrote:

Here are clean and redlined versions of this statement.  Have also included a much shorter version for consideration as a more cautious approach.

Happy to discuss at any time as always.

Ryan

From: "[email-masked]<mailto:[email-masked]>" <[email-masked]<mailto:[email-masked]>>
Date: Thursday, June 5, 2014 at 3:16 PM
To: Alan Apter <[email-masked]<mailto:[email-masked]>>
Cc: Vadim Pozharskyi <[email-masked]<mailto:[email-masked]>>, Heather King <[email-masked]<mailto:[email-masked]>>, Ryan Toohey <[email-masked]<mailto:[email-masked]>>, Hunter Biden <[email-masked]<mailto:[email-masked]>>
Subject: Re: BoD Meeting press release

My feeling is its alittle lite to announce a board meeting in a distributed press release.  I think this is a post to the website and should instigate the blood thirty drudge reporters out there right now.  Just my thought.

Devon Archer
646 436 3745<tel:646%20436%203745>

On Jun 5, 2014, at 3:02 PM, Alan Apter <[email-masked]<mailto:[email-masked]>> wrote:

I would not state that the meeting was held in Paris - no need to do so and could be seen as both indicating a fear of holding it in Kiev as well as a certain extravagance by the company in a difficult economic time in Ukraine

I am fine with my quote

I look forward to Ryan's comments

Thanks,
Alan

On Thu, Jun 5, 2014 at 7:49 PM, Vadim Pozharskyi <[email-masked]<mailto:[email-masked]>> wrote:
Dear Ryan and all,
In the attachment you will find our suggested press release. Take a look and offer your insight.
Best,
Vadim

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<burisma board statement 060514 short version.docx>
<burisma board statement 060514 FTI edits clean draft.docx>
<burisma board statement 060514 FTI edits.docx>

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