NLMK Board approves AGM agenda

Press release

15 March 2019

NLMK Board approves AGM agenda

The Board of Directors of NLMK Group, a global steel company with operations in Russia, the USA, and the EU, held a meeting on 15 March 2019 during which the agenda for the Annual General Shareholders' Meeting (AGM), which will be held on 19 April 2019, was approved. The list of persons entitled to participate at the AGM is set as of 25 March 2019.

NLMK AGM agenda approved by the Board of Directors on 15 March 2019:

· Approval of NLMK's 2018 Annual Report 

· Approval of NLMK's FY2018 Annual Accounting (Financial) Statements

· NLMK's profit distribution (including payment (declaration) of dividends) based on the results of 2018

· Election of members of NLMK's Board of Directors

· Election of NLMK's President (Chairman of the Management Board)

· Remuneration payment to members of NLMK's Board of Directors

· Approval of NLMK's Auditor

The Board of Directors also confirmed eligibility of the following candidates for the positions of independent directors on NLMK's Board:

· Thomas Veraszto

· Joachim Limberg

· Marjan Oudeman

· Stanislav Shekshnia

· Benedict Sciortino.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 12M 2018, the Company generated $12 billion in revenue and $3.6 billion in EBITDA. Net debt/EBITDA stood at 0.25х. The Company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA).

NLMK's ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). For more details on NLMK shareholder capital please follow the F link.

For more information on NLMK Group, please visit our website.