Public Joint Stock Mining and Metallurgical Norilsk Nickel : NORNICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9M 2020

MMC Norilsk Nickel (MNOD) NORNICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9M 2020 03-Nov-2020 / 15:30 MSK Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. PRESS RELEASE Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company") NORNICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9M 2020 Moscow, November 3, 2020 - The Board of Directors of Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has set the Extraordinary General Meeting of shareholders (EGM) date on December 10, 2020 and the EGM record date (the list of shareholders eligible to vote) on November 16, 2020. The Board of Directors has recommended for the EGM approval an interim dividend for the nine months of 2020 in the amount of RUB 623.35 per ordinary share (approximately USD 7.74 at the RUB/USD exchange rate the Russian Central Bank as of November 3, 2020), totaling RUB 98.64 bn (approximately USD 1.2 bn). The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on December 24, 2020.     This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014. Full name and position of person making the announcement - Vladimir Zhukov, Vice - president, Investor Relations   ABOUT THE COMPANY MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products. The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa. MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges.              Media Relations:     Investor Relations: Phone: [phone]    Phone: [phone] Email: [e-mail]    Email: [e-mail]

ISIN:	US55315J1025
Category Code:	MSCH
TIDM:	MNOD
LEI Code:	253400JPTEEW143W3E47
Sequence No.:	87128
EQS News ID:	1145070

End of Announcement	EQS News Service