Severstal : Corporate Event Notice “Information submitted outside the Russian Federation for its disclosure to foreign investors due to placement and circulation of the Issuer’s securities outside the Russian Federation”

Corporate Event Notice 'Information submitted outside the Russian Federation for its disclosure to foreign investors due to placement and circulation of the Issuer's securities outside the Russian Federation'

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' address=''><_st3a_ _w3a_st='on' street=''>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)	17 March 2020

2. Notice content

Type and content of information (type and name of documents) submitted or presented by the Issuer to an appropriate authority (organization) of a foreign state, foreign stock exchange and (or) other organization under the Foreign Law for its disclosure or submission to foreign investors: press release: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 1. Details of the person discharging managerial responsibilities/person closely associated: a) Name: Barbara Ann Bowen 2. Reason for the notification a) Position/status: person closely associated with the person discharging managerial responsibilities (spouse of David Alun Bowen who is the chairman of Audit committee and a member ofthe Board of Directors of PAO Severstal) b) Initial notification/Amendment: Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor: a) Name: Public Joint Stock Company 'Severstal' b) Legal Entity Identifier code: 213800OKDPTV6K4ONO53 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted: a) Description of the financial instrument, type of instrument: Ordinary registered shares; Identification code: US8181503025 b) Nature of the transaction: purchase of global depositary receipts c) Price(s) and volume(s): price: 11,48 US dollars per a GDR, volume: 398 GDRs; price: 11,05 US dollars per a GDR, volume: 280 GDRs d) Aggregated information: volume - 678 GDRs; total amount - 7,663.04 US dollars e) Date of the transaction: 13 March 2020 f) Place of the transaction: outside of trading venue Date of information submission or presentation by the Issuer to an appropriate authority (organization) of a foreign state, foreign stock exchange and (or) other organization under the Foreign Law for its disclosure or submission to foreign investors: March 17, 2020. Web-site address used for publication of the document containing information submitted or presented by the Issuer to an appropriate authority (organization) of a foreign state, foreign stock exchange and (or) other organization under the Foreign Law for its disclosure or submission to foreign investors due to placement and circulation of the Issuer's securities outside the Russian Federation: http://www.severstal.com Identification features of the Issuer's securities due to which placement and circulation outside the Russian Federation the said information shall be submitted or presented: ordinary registered non-documentary shares (state registration number of the securities issue 1-02-00143-А, dated of state registration 30.11.2004; International Securities Identification Code (Number) (ISIN): RU0009046510), global depository receipts (ISIN: US8181503025). Date of publication of document containing information submitted or presented by the Issuer to an appropriate authority (organization) of a foreign state, foreign stock exchange and (or) other organization under the Foreign Law for its disclosure or submission to foreign investors due to placement and circulation of the Issuer's securities outside the Russian Federation: March 17, 2020.

3. Signature

3.1. Corporate Secretary of PAO Severstal acting on the basis of the Power of attorney № 35/66-н/35-2019-6-583 dated 24.12.2019 A.I. Bobulich 3.2. Date: March 17, 2020