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NOVATEK

Capital/Financing Update May 5, 2022

6442_rns_2022-05-05_8a1f5f3f-a8ce-465d-bd29-1aa454abd0a8.html

Capital/Financing Update

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National Storage Mechanism | Additional information

RNS Number : 5167K

PAO Novatek

05 May 2022

FOR IMMEDIATE RELEASE

Announcement Regarding Depositary Receipt Program

Moscow, 5 May 2022. PAO NOVATEK ("NOVATEK" and/or the "Company") announces that currently Global Depositary Receipts of the Company continue circulating outside the Russian Federation. In accordance with Federal Law No. 114-FZ "On Changes to Federal Law On Joint-Stock Companies and Certain Legislative Acts of the Russian Federation", the Company has submitted its request to continue the circulation of its depositary receipts.

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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 affiliates 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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