Public Joint Stock Polyus : 23.06.2020_Meeting and agenda of the issuer's board of directors

Notice of Material Fact

Meeting and agenda of the issuer's board of directors (supervisory board)

1. General

• 1.1. The Issuer's full company name

• 1.2. The Issuer's abbreviated company name

• 1.3. The Issuer's location

  Public Joint Stock Company "Polyus" PJSC "Polyus"

• 1.4. The Issuer's OGRN

• 1.5. The Issuer's INN

• 1.6. The Issuer's unique code assigned by the registration authority

• 1.7. Address of the Internet web page used by the Issuer for information disclosure

Moscow, Russian Federation 1068400002990 7703389295 55192-Е

http://www.polyus.com,http://www.e-disclosure.ru/portal/company.aspx?id=7832

1.8.

Date of occurrence of the event (material fact) on which the report in question was made up (if relevant)

23 June 2020

2. Content of notice

This notice may not be published, released or distributed (directly or indirectly) in the USA, Australia, Canada, Japan or other jurisdiction where offers or sales are prohibited by law. The dissemination of this communication may be restricted or limited by law in certain jurisdictions, and persons who may come into possession of any document or details mentioned or contained herein must review and comply with all such restrictions and limitations. Any non-compliance with such restrictions and limitations can be construed as a breach of securities laws in the jurisdiction involved.

This notice is not a full or partial offer of or invitation to purchase or subscribe to shares extended to any person in the USA, Australia, Canada, Japan or any other jurisdiction where such offer or invitation is illegal. The shares may not be offered or sold in the USA, unless registered pursuant to the US Securities Act of 1933, as amended and supplemented ("Securities Act"), or will be offered as part of a deal not subject to the registration requirements imposed by the Securities Act. The offer described herein is made in respect of foreign corporate securities, and the offer and sale of the shares specified herein have not been and will not be registered pursuant to the Securities Act or the applicable securities laws of Australia, Canada or Japan. The offer described herein is subject to a foreign jurisdiction's disclosure requirements that are different from those in effect in the USA. The issuer's financial statements have been prepared in compliance with foreign accounting standards and can be incompatible with the financial statements of US companies. You can have problems with forced sale or exercise of your rights and obligations that you may acquire pursuant to the US federal securities legislation because the issuer is based in a foreign jurisdiction and some or all of its executive officers and directors can be residents of a foreign country. You may be unable to file a claim against a foreign company or its executive officers and directors with a foreign court for a breach of US securities legislation. You may find it difficult to enforce a US judgment against a foreign company and its affiliates.

This is not a public offer to sell. In the member states of the European Economic Area and the United Kingdom, this notice and any possible subsequent offer are exclusively addressed to "qualified investors" acting for their own account within the meaning of the Prospectus Directive (Directive 2017/1129/ЕС, as amended and supplemented) ("Qualified Investors"). In the United Kingdom, this notice is distributed only to, and directed only at, Qualified Investors who are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2005 (Financial Promotion) Order 2000 (as amended) (the "Order"), or (ii) persons falling within Article 49(2) (А) to (D) of the Order, or (iii) those to whom this notice can be given legally; this being the case, any investment activity covered hereby may only be undertaken, and shares may only be offered and sold, by such persons who are solely entitled to rely hereon.

THIS NOTICE AND THE DISCLOSURES MADE HEREIN ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE A FULL OR PARTIAL OFFER OR INVITATION TO PURCHASE OR ALIENATE SECURITIES IN ANY JURISDICTION, INCLUDING THE USA, AUSTRALIA, CANADA AND JAPAN.

2.1

Date of the decision made by the chairperson of the issuer's board of directors to hold a meeting of the issuer's board of directors, or the date of other decision that under the issuer's charter, bylaws or customary business practices is cause to hold a meeting of the issuer's board of directors: 23 June 2020.

• 2.2 Date of the meeting of the issuer's board of directors: 23 June 2020.

• 2.3 Agenda for the meeting of the issuer's board of directors:

  Approval of Securities Prospectus of Public Joint-Stock Company Polyus.

• 2.4 Identifiers of the issuer's securities: Ordinary shares in PJSC Polyus, national registration number of securities issue 1-01-55192-E, date of public registration 27 April 2006; ISIN RU000A0JNAA8.

3. Signature

3.1.

Polyus PJSC Agent under Power of Attorney

A.A. Vostokov

(signature)

3.2. Date

23

June

2020

Stamp