PAO Severstal: Notification of transaction by PDMR's PCA

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Melsonda Holdings Limited

2

Reason for the notification

a)

Position/status

A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors)

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Public Joint Stock Company "Severstal"

b)

Legal Entity Identifier code

213800OKDPTV6K4ONO53

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Global Depository Receipt (GDR)

Identification code

US8181503025

b)

Nature of the transaction

Sale of GDRs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

US$15,43 per GDR

1,805,689

d)

Aggregated information

- Aggregated volume

- Price

1,805,689

US$27,861,781.27

e)

Date of the transaction

11 July 2018

f)

Place of the transaction

Outside of Trading Venue