Public Joint Stock Company Magnitogorsk Iron & Steel Works announced Board of Directors decisions, which were adopted on 26 April 2024. Considering financial results for 2023, the Board of Directors is convinced that the Group sits in a stable position and can recommend the shareholders to approve the payment of a dividend of RUB 2.752 per share (including tax). The Board recommended to Annual General Meeting of Shareholders to set 2023 dividend record date as 10 June 2024.