Update on payments on 2023 and 2024 Eurobonds

17 March 2023

Polyus Finance Plc announces an update on payments in respect of 2023 and 2024 Eurobonds

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

Polyus Finance plc (the "Issuer") provides an update on payments in respect of its 5.25% Notes due 2023 (Reg. S: XS1533922933; Rule 144A: US73180YAC84) (the "2023 Notes") and 4.70% Notes due 2024 (Reg. S: XS1713474325; Rule 144A: US73181LAA98) (the "2024 Notes").

Terms used but not otherwise defined herein have the meaning ascribed to them in the terms and conditions of the 2023 and 2024 Notes.

According to the information available to the Issuer, the Bank of New York Mellon, London Branch (Principal Paying Agent) has credited the following funds to the accounts of the international clearing systems for further distribution to the holders of the 2023 and 2024 Notes whose rights are accounted for within the international clearing systems (the "Non-resident Holders"):

• 2023 Notes coupon payments due August 07th, 2022 and February 07th, 2023;

• 2023 Notes principal payment;

• 2024 Notes coupon payments due July 29th, 2022 and January 29th, 2023.

For more information, Issuer advises Non-resident Holders to address queries and requests to the respective international clearing systems either directly or through their respective depositories or brokers.

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 of the date of this announcement. Polyus and/or any Polyus Company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.