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Vadym Novynskyi's activities as a believer of the UOC are his constitutional right and are not related to the operations of the business. Sanctions have been imposed on Vadym Novynskyi as an individual and should not affect the work of the Group's companies. If necessary, the Group will defend its rights as an investor and business owner in Ukrainian and European courts.

Last week, Vadym Novynsky Foundation purchased the first batch of 65 electricity generators to support the vital activities of the most important institutions for citizens throughout the country.

On November 17, Vadym Novynskyi Charitable Foundation, together with the Ukrainian Orthodox Church, handed over 8 ambulances and humanitarian cargo to de-occupied Kherson and Kherson Region.

"Smart-Holding, as a strategic investor in Ukraine, despite the destruction and damage caused by the full-scale war, plans to continue investing in domestic businesses and search for new opportunities," said Julia Kiryanova, speaking on November 17 at the Kyiv International Economic Forum.

Despite the war, Metinvest Group of Rinat Akhmetov and Vadym Novynskyi continues to provide unwavering economic support to Ukraine. Taking into account associated companies and joint ventures, in the first nine months of 2022, the Group paid almost UAH18 billion in taxes and fees to budgets of all levels in the country.

Smart Energy Group announces that LLC Arkona Gas-Energy, which is Ukrainian asset of public British company Enwell Energy, has all legal rights to develop Svystunkivsko-Chervonolutske field, where a set of geological prospecting works has already been carried out, the first well has been drilled, and the total amount of investments is over 400 mln UAH.

Since the beginning of the full-scale invasion on February 24, Vadym Novynskyi Foundation, together with the Ukrainian Orthodox Church, has sent more than 40,000 food kits to residents of Ukrainian settlements located in the front-line zone, as well as to refugees and internally displaced persons affected by hostilities

The decision of the Commercial Cassation Court, adopted on September 21, 2022 regarding the invalidation of the contract for the purchase of JSC "Kharkivoblenergo" shares by SMART HOLDING (CYPRUS) LTD, definitely plays in favor of the corrupt officials who, obviously, operate in this energy company.