Severstal' : Corporate Event Notice “Information about the execution of interested party transaction”

Corporate Event Notice 'Information about the execution of interested party transaction'

1. General information
1.1. Full business name of the Issuer	Public Joint Stock Company 'Severstal'
1.2. Abbreviated business name of the Issuer	PAO Severstal
1.3. Legal address of the Issuer	162608, the <_st3a_ _w3a_st='on' country-region=''>Russian Federation, <_st3a_ _w3a_st='on' city=''>Vologda region, <_st3a_ _w3a_st='on' place=''><_st3a_ _w3a_st='on' city=''>Cherepovets, <_st3a_ _w3a_st='on' street=''><_st3a_ _w3a_st='on' address=''>Mira Street 30
1.4. PRSN (Principal State Registration Number) of the Issuer	1023501236901
1.5. TIN (Taxpayer Identification Number) of the Issuer	3528000597
1.6. Unique code of the Issuer assigned by the registration authority	00143-A
1.7. Issuer's website for information disclosure	http://www.severstal.com http://www.e-disclosure.ru/portal/company.aspx?id=30
1.8. Date of event (corporate event) on which the notice is prepared (if applicable)	01 July 2019

2. Notice content

2.1. Type of transaction: interested party transaction. 2.2. Type and subject of transaction: supply of the iron-ore pellets. 2.3. Content of transaction: Supplier shall deliver, Buyer shall accept and pay for the iron-ore pellets as per Specifications. 2.4. Term of transaction: starting from July 01, 2019 up to February 29, 2020 inclusively. Parties: Buyer - PAO Severstal; Supplier - AO Karelsky okatysh. The contractual amount: preliminary contractual amount 16,000,000,000 (sixteen billion) roubles (3.82% of the Issuer's assets value under RAS). 2.5. Issuer's asset value as of the end date of reporting period preceding the date of transaction (conclusion of the Agreement): 418,362,064 thousand roubles. 2.6. Date of transaction (Agreement): 01.07.2019. 2.7. Full name of physical person recognized in accordance with the Russian Federation regulations as a person interested in the performance of transaction by the Issuer: 1. Alexey Alexandrovich Mordashov, the member of the Board of Directors of PAO Severstal. Basis on which the person was recognized interested in the performance of transaction: person is deemed to be a controlling person of the Issuer and the entity being a beneficiary under the transaction. Interested person's equity share in the charter capital of the Issuer and the entity representing a Party of transaction: 0%. 2. Aleksandr Anatolievich Shevelev, the member of the Board of Directors of PAO Severstal. Basis on which the person was recognized interested in the performance of transaction: person holds the positions in management body of the managing company of the entity being a beneficiary under the transaction. Interested person's equity share in the charter capital of the Issuer and the entity representing a Party of transaction: 0%. 2.8. Information about granting consent to conclude or approve related party transaction (name of management body approved resolution on granting consent to conclude or approve related party transaction, date of the resolution, date and number of the Minutes of the meeting of the Issuer's management body at which such a resolution has been approved in case the resolution approved by the collegial management body): informational notice has been sent to the members of the Board of Directors; transaction shall be approved by the Board of directors in case the request is sent to the Board of directors.

3. Signature

3.1. Corporate Secretary of PAO Severstal acting on the basis of the Power of attorney № 1-277 dated 20.01.2017 A.I. Bobulich 3.2. Date: July 01, 2019