Public Joint Stock Mining and Metallurgical Norilsk Nickel : NORNICKEL, THE GOVERNMENT OF THE RUSSIAN FEDERATION, KRASNOYARSK TERRITORY AND NORILSK CITY SIGNED A PACKAGE OF DOCUMENTS ON THE SOCIAL AND ECONOMIC DEVELOPMENT OF NORILSK

MMC Norilsk Nickel (MNOD) 
NORNICKEL, THE GOVERNMENT OF THE RUSSIAN FEDERATION, KRASNOYARSK TERRITORY AND NORILSK CITY SIGNED A PACKAGE OF 
DOCUMENTS ON THE SOCIAL AND ECONOMIC DEVELOPMENT OF NORILSK 
20-Feb-2021 / 15:26 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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PRESS RELEASE 
Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" 
or the "Company") 
NORNICKEL, THE GOVERNMENT OF THE RUSSIAN FEDERATION, KRASNOYARSK TERRITORY AND NORILSK CITY SIGNED A PACKAGE OF 
DOCUMENTS ON THE SOCIAL AND ECONOMIC DEVELOPMENT OF NORILSK 
Moscow, February 20, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major 
producer of platinum and copper, announces that the government of the Russian Federation, the Krasnoyarsk Territory, 
Norilsk city and Nornickel have today signed a set of agreements to promote the social and economic development of 
Norilsk. 
The documents were signed by Alexei Chekunkov, Minister for the Development of the Russian Far East and Arctic; 
Alexander Uss, Governor of the Krasnoyarsk Territory, Dmitry Karasev Mayor of Norilsk and Vladimir Potanin, President 
of Nornickel. 
Yuri Trutnev, Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, was also present during 
the signing ceremony. 
The first document is a four-party partnership agreement, which outlines the combined work of the parties until 2024 
and further potential collaboration until 2035. The document details key projects for the development of Norilsk. The 
federal centre, the region, the city and Nornickel will jointly work on the following projects: 
- housing renovation, modernisation and an overhaul of the city's municipal assets and engineering infrastructure; 
- construction, repair, reconstruction and development of social infrastructure facilities, to create a comfortable and 
safe urban environment; 
- resettlement of residents in Norilsk and Dudinka living in buildings requiring renovation to areas with more 
favourable living conditions. 
The document details the amount of joint financing for the period up to 2024, and for the further potential partnership 
until 2035, allocated to the development of Norilsk. The funding is expected to be considered for inclusion in the 
Comprehensive Plan for Social and Economic Development of Norilsk until 2035. The estimated amount of the joint 
financing amounts to 120.1 billion roubles, including 24 billion roubles allocated from the federal budget, 14.8 
billion roubles from the consolidated budget of the Krasnoyarsk Territory, and 81.3 billion roubles from Nornickel. 
The second document signed today sets out a joint proposal for the Comprehensive Plan of Social and Economic 
Development of Norilsk until 2035. 
"The agreement is vital for the entire Norilsk. Work has to be done to put the city's infrastructure in order, to 
improve people's living conditions. We consider the signed agreement to be a starting point. We have a lot of work to 
do with the company to ensure that the agreement improves people's lives in the near future. We will discuss it with 
the company and take measures to raise the requirements for industrial safety: people should not get killed at an 
economically successful enterprise. It is necessary to improve people's living conditions faster: we need to invest 
money from the state budget and from the company. The company should bear its social responsibility already now," said 
Yury Trutnev. 
Commenting on the signed agreements, Alexei Chekunov, Russia's Minister for the Development of the Far East and the 
Arctic, noted that the integrated development programme for Norilsk, based on the principles of public-private 
partnership, was an important step towards improving the quality of life in Arctic cities. "The signed agreement is a 
comprehensive, long-term view of the social and economic development of one of the key cities of the Russian north. 
Every activity will be put into a specialized electronic database. This will allow us to monitor the step-by-step 
implementation, so that the allocated funds benefit the residents of Norilsk", he said. 
Vladimir Potanin, President of Nornickel, commented: "This is not the first four-party agreement around development of 
Norilsk. Nornickel has already successfully fulfilled the agreement signed in 2010 by implementing a wide range of 
activities outlined in the document. I am confident that the implementation of new activities will turn Norilsk into a 
more modern and comfortable place to live, giving a new impetus to the development the city, and also the whole 
Krasnoyarsk Territory." 
Krasnoyarsk Territory Governor Alexander Uss said that the agreement signed today by the region, the Ministry for the 
Development of the Russian Far East, Nornickel and the administration of Norilsk will give Norilsk residents the living 
conditions they deserve. "Norilsk is a city of our common responsibility. What we have agreed upon today is a starting 
point for the joint solution of the top-priority problems mentioned by the residents of Norilsk themselves - 
environment protection, public utilities and the condition of homes. I would like to note that we will continue to work 
on the comprehensive plan for the social and economic development of the city for the next 15 years. Our common goal is 
to make Norilsk the capital of the Russian Arctic by 2035, or possibly earlier". 
Dmitry Karasev, Mayor of Norilsk, noted that all residents of Norilsk have been looking forward to signing of the 
documents, and have high hopes for the implementation of the activities outlined in the agreement. 
Dmitry Karasev added: "The signed agreement is key to successful development of Norilsk and its promising future. The 
main task is, undoubtedly, to raise the living standards of Norilsk residents. This agreement will give a new life to 
the city. We have years of productive work ahead of us. Implementation of the activities of the Comprehensive Plan will 
become an excellent example of public-private partnerships, to implement the tasks outlined in the Decree of the 
President of Russian Federation 'Regarding the Foundations of State Policy of the Russian Federation in the Arctic in 
the Period to 2035'." 
 
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] 
 
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ISIN:          US55315J1025 
Category Code: MSCH 
TIDM:          MNOD 
LEI Code:      253400JPTEEW143W3E47 
Sequence No.:  93988 
EQS News ID:   1169860 
 
End of Announcement  EQS News Service 
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(END) Dow Jones Newswires

February 20, 2021 07:26 ET (12:26 GMT)