PAO Novatek announced that the Annual General Meeting of Shareholders approved the total dividend payment for 2021. The total dividend distribution for 2021 is RUB 71.44 per ordinary share, representing an increase of 100.9% as compared to RR 35.56 for 2020. The total recommended dividend payout amount for 2021 is RUB 216,913,700,640, which is consistent with the Company's Dividend Policy of distributing not less than 50% of the consolidated net profit under IFRS adjusted for the items unrelated to the Company's core business and non-cash items. The shareholders of record as at May 5, 2022 will be entitled to receive dividends.

The dividend is payable in cash not later than June 14, 2022.