Board of Directors recommends payment of dividends for the three months ended June 30, 2019

Board of Directors recommends payment of dividends for the three months ended June 30, 2019

The Board of Directors recommends payment of dividends for the three months ended June 30, 2019 The Board of Directors of Severstal PJSC (LSE: SVST; MICEX-RTS: CHMF), one of the world's largest vertically integrated steel gambling companies, recommends the payment of dividends based on the results three months ended June 30, 2019 in the amount of RUB 26.72. per share.

Voting of shareholders on the issue of dividend payment will be held at the extraordinary general meeting of shareholders of the Company in the form of absentee voting, which will be held on September 6, 2019.

The date on which the list of shareholders for participation in the annual meeting is August 12, 2019.

If the extraordinary shareholders meeting approves the payment of dividends for the 3 months ended June 30, 2019, the date on which the list of shareholders is drawn up to receive dividends for this period, will be on September 17, 2019.