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NOVATEK

Transaction in Own Shares Jan 17, 2022

6442_dirs_2022-01-17_b151e077-54bb-4fc3-951d-fa716c4fd34a.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 6783Y

PAO Novatek

17 January 2022

FOR IMMEDIATE RELEASE

Update on NOVATEK Buyback Program

Moscow, 17 January 2022. PAO NOVATEK ("NOVATEK" and/or the "Company") announces today that pursuant to the Company's buyback program announced on 17 December 2021, during the period from 10 through 14 January 2022, 384 187 ordinary shares (including in a form of Global Depositary Receipts) were purchased on the open market.

***

For further information, please visit www.novatek.ru or contact:

Press Service

+7 (495) 721 2207

[email protected]
Investor Relations

+7 (495) 730 6013

[email protected]

***

PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company's subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 15% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol "NVTK".

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