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    PLZL   RU000A0JNAA8

PUBLIC JOINT STOCK COMPANY POLYUS

(PLZL)
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Public Joint Stock Polyus : Polyus and Rostelecom deployed pLTE broadband network with 5G capabilities at Kuranakh

12/24/2021 | 03:47am EDT

Press Release

24 December 2021

PJSC Polyus

Polyus and Rostelecom deployed pLTE broadband network with 5G

capabilities at Kuranakh

PJSC Polyus (LSE, MOEX: PLZL) ("Polyus", the "Company") announces the deployment of Russia's largest broadband, the pLTE network with 5G capabilities, at Kuranakh. The project was completed by Rostelecom and affiliate telecommunications provider Tele2.

The contractors installed a resilient core network, 11 base stations, access points for the mining fleet and a UPS system to guarantee the operating time requirements would be met under the regional climate conditions.

The system covers over 200 km2, with 100 access points operating simultaneously and a guaranteed minimum network transfer capacity of 2.9 mbit per second with seamless roaming intranet. The system provides a stable connection required for the mining fleet's control system.

Polyus' pLTE network has capacity for up to 1,000 access points. This will enable the Company to meet future demand as the mine grows and provides innovative digital solutions for mitigating operational risks and increasing operating safety. These solutions include GPS staff tracking, use of "smart" helmets, health sensors, video surveillance and analytics systems.

Lev Bondarenko, Polyus Vice President for Business Transformation and Digitalization, commented:

"Efficient mine management requires a high-speed wireless data transmission network. This is necessary to run multiple digital operations, including real-time control of the mining fleet, mobile solutions, digital monitors, augmented reality tools, automation, online video transmission and other information. Polyus tested various technologies which had some limitations in supporting all of these services. We chose pLTE to develop a private wireless multiservice network of broadband access that enables us to meet all these requirements."

Valery Ermakov, Rostelecom Senior Vice President for Corporate and Government Segments, commented:

"A separate LTE network at Kuranakh represents a new phase for digitalization in mining. The pLTE network enables process automation and cohesion of technical infrastructure. This increases performance, drastically improves industrial safety and reduces costs."

Polyus

Polyus is the world's fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold ore reserves. The company has the lowest production costs among major global gold producers. Its principal

operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Rosteletom

Rostelecom is Russia's largest integrated provider of digital services and solutions, with presence in all market segments and covering millions of households, governmental and private organizations.

Rostelecom is a market leader in telecommunications services for corporate users of all levels.

Investor and Media contact

Victor Drozdov

Director Communications & Investor Relations (CIR) +7 (495) 641 33 77

drozdovvi@polyus.com

Forward looking statement

This announcement may contain "forward-looking statements" concerning Polyus and/or Polyus group. Generally, the words "will", "may", "should", "could", "would", "can", "continue", "opportunity", "believes", "expects", "intends", "anticipates", "estimates" or similar expressions identify forward- looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward- looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus' and/or Polyus group's operations. Many of these risks and uncertainties relate to factors that are beyond Polyus' and/or Polyus group's ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

2

Disclaimer

Polyus Gold International Limited published this content on 24 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2021 08:46:03 UTC.


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Financials (USD)
Sales 2022 5 503 M - -
Net income 2022 2 115 M - -
Net Debt 2022 1 195 M - -
P/E ratio 2022 -
Yield 2022 7,17%
Capitalization 25 879 M 25 841 M -
EV / Sales 2022 4,92x
EV / Sales 2023 4,41x
Nbr of Employees -
Free-Float 22,0%
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Managers and Directors
Alexey Vostokov Chief Executive Officer
Mikhail Borisovich Stiskin Director, Deputy CEO-Economics & Finance
Sergei Igorevich Nossoff Chairman
Vladimir Anatolyevich Polin Director & Senior Vice President-Operations
Alexander Shitov Vice President-Control & Compliance
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