LONDON, APRIL 9, 2026 – Effective April 1, 2026, Tim Osborne has stepped down as Chief Executive of GML, which via its wholly owned subsidiaries was the majority shareholder of the former Yukos Oil Company. Mr Osborne led the 22-year fight to hold Russia accountable for the illegal and politically motivated destruction of Yukos, culminating in the $50+ billion arbitral awards issued in 2014 – the largest awards in the history of arbitration currently valued at more than $66 billion including interest. GML has decided not to appoint a new CEO but to expand the board with the appointments of Mr Michael Cotlick and Ms Helen Green.