RE: Suspension10 Mar 2022 09:56
ABRAMOVICHis or has been involved in destabilisingUkraineand undermining and threatening theterritorialintegrity, sovereignty and independence ofUkraine, via Evraz PLC,a steelmanufacturing and mining company in
which ABRAMOVICH has a significant shareholding and over which ABRAMOVICH exercises effective control. Evraz PLC is or has been involved in providing financialservices, or making availablefunds,economic resources, goods or technology that could contribute to destabilising Ukraine or undermining or threatening the territorial integrity,
sovereignty or independence ofUkraine – which includes potentially supplying steel to the Russianmilitary which may have been used in the
production of tanks. ABRAMOVICH exercises effective control ofEvraz PLC given his significant shareholding and the shareholdings of his close associates who it is reasonableto expect ABRAMOVICH could direct through hiscloseties with Abramov and Shvidler,as well as his power to nominate directors ofthe board. ABRAMOVICH is or has been involved in obtaining a benefit fromor supporting the Government of Russia,as ABRAMOVICHand Evraz PLC carry on business in sectors ofstrategic significance to the Government of Russia – namely theconstruction, defence and extractive sectors.