Notification of transaction by PDMR's PCA

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Unifirm Limited

2

Reason for the notification

a)

Position/status

A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors of PAO Severstal)

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Public Joint Stock Company 'Severstal'

b)

Legal Entity Identifier code

213800OKDPTV6K4ONO53

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

non-documentary ordinary registered shares

Identification code

RU0009046510

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

RUR 901 per share

100,000

d)

Aggregated information

- Aggregated volume

- Price

100,000

RUB 90,100,000

e)

Date of the transaction

21 November 2019

For further information, please contact:

Investor Relations

Evgeny Belov

T: +7 (495) 926-77-66

evgenii.belov@severstal.com

Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

anastasia.mishanina@severstal.com

***

PАО Severstal is one of the world's leading vertically-integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $8,580 million and EBITDA of $3,142 million in 2018. Severstal's crude steel production in 2018 reached 12.0 million tonnes. www.severstal.com

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OAO Severstal published this content on 21 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2019 21:06:01 UTC