SEVERSTAL
PAO Severstal (SVST)
The Board decided to hold the Annual General Meeting of Shareholders of PAO Severstal in absentia PAO Severstal (MOEX: CHMF; LSE: SVST) informs that the Company's Board of Directors decided to hold the Annual General Meeting of Shareholders of PAO Severstal on May 20, 2022 in absentia. The Board of Directors decided to include the following persons in the list of candidates for voting on the elections to the Board of Directors of PAO Severstal at the Annual General Meeting of Shareholders of PAO Severstal:
The Board also revoked its previously given recommendation on dividends for Q4 2021 and recommends not to distribute profit and not to pay dividends for Q4 2021. The Board of Directors did not make a recommendation on the payment of dividends for Q1 2022.
For further information, please contact:
Investor Relations Nikita Klimantov T: +7 (495) 926-77-66 na.klimantov@severstal.com
Public Relations Anastasia Mishanina T: +7 (495) 926-77-66 anastasia.mishanina@severstal.com
*** P?? Severstal is one of the world's most efficient metals and mining companies, creating new products and integrated steel solutions together with its customers and partners. The company's assets are located in Russia, Latvia and Poland. Severstal is listed on MOEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $11.6 billion and EBITDA of $6.0 billion in 2021. Severstal's crude steel production in 2021 reached 11.6 mln tonnes. www.severstal.com
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| ISIN: | US8181503025 |
| Category Code: | MSCL |
| TIDM: | SVST |
| LEI Code: | 213800OKDPTV6K4ONO53 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 156060 |
| EQS News ID: | 1329451 |
| End of Announcement | EQS News Service |
