United RUSAL : OVERSEAS REGULATORY ANNOUNCEMENT

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UNITED COMPANY RUSAL, INTERNATIONAL

PUBLIC JOINT-STOCK COMPANY

(Incorporated under the laws of Jersey with limited liability and continued in the

Russian Federation as an international company)

(Stock Code: 486)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

United Company RUSAL, international public joint-stock company (the "Company") announces that the attached announcement has been released in Russian to Public Joint-Stock Company Moscow Exchange MICEX-RTS on which the Company is listed and on the website of the Company.

By virtue of the power of attorney on behalf of

United Company RUSAL,

international public joint-stock company

Aby Wong Po Ying

Company Secretary

5 May 2021

As at the date of this announcement, the members of the Board of Directors are the following: the executive Directors are Mr. Evgenii Nikitin, Mr. Evgeny Kuryanov and Mr. Evgenii Vavilov, the non-executive Directors are Mr. Marco Musetti, Mr. Vyacheslav Solomin and Mr. Vladimir Kolmogorov and the independent non-executive Directors are Dr. Elsie Leung Oi-sie, Mr. Dmitry Vasiliev, Mr. Bernard Zonneveld (Chairman), Dr. Evgeny Shvarts, Mr. Randolph N. Reynolds, Mr. Kevin Parker, Mr. Christopher Burnham and Mr. Nick Jordan.

All announcements published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx and http://rusal.ru/investors/info/moex/ , respectively.

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Notice on holding a meeting of the Board of Directors and its agenda

1. General information

1.1.	Full corporate name of the issuer	United Company RUSAL, international public
		joint-stock company
1.2.	Abbreviated corporate name of the issuer	UC RUSAL, IPJSC
1.3.	Location of the issuer	Russian Federation, Kaliningrad Region, the
		city of Kaliningrad, Oktyabrskij island
1.4.	Primary State Registration Number	1203900011974
	(OGRN) of the issuer
1.5.	Taxpayer Identification Number (INN) of	3906394938
	the issuer
1.6.	The issuer's unique code assigned by the	16677-A
	registration authority
1.7.	Website address used by the issuer for the	http://rusal.ru/investors/info/moex/
	purposes of disclosure of information	http://www.e-disclosure.ru/portal/company.aspx?id=38288
1.8.	Date of the event (material fact) being	30.04.2021
	subject matter of the notification (if
	applicable)

2. Notification content

2.1. Date of resolution of the chairman of the issuer's board of directors to hold a meeting of the board of directors:

30.04.2021

2.2. Date of the meeting of the issuer's board of directors:

11.05.2021

2.3. Agenda of the meeting of the issuer's board of directors:

1. On approval of the Supplementary Agreement №1 to the Registrar Services Agreement No P-624 dated 25 August 2020 between UC RUSAL, IPJSC and JSC "IRC".

	3. Signature
3.1. Corporate Secretary		S.V. Bazanov
(by virtue of power of
attorney
ОКР -ДВ-20-0003	(signature)
dated October 13, 2020)	L.S.
3.2. Date "4" May 2021

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