PAO Severstal (SVST)
26-Apr-2019 / 19:05 MSK Dissemination of a RegulatoryAnnouncement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
PAO Severstal (MICEX-RTS: CHMF; LSE:SVST), one of the world's leadingver'cally integrated steel and steel-related miningcompanies, announces that the followingresolu'ons were all passed at the Company's Annual General Mee'ng("AGM") held on 26 April 2019 in Cherepovets, Russia:
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- To re-elect the Board of Directors of PAO Severstal in the following body: Alexey Alexandrovich Mordashov, Alexander Anatolievich Shevelev, Alexey Gennadievich Kulichenko, Andrey Alexeevich Mityukov, Agnes Anna Ri;er, Philip John Dayer, David Alun Bowen, Veikko Sakari Tamminen, Vladimir Alexandrovich Mau, Alexander Alexandrovich Auzan.
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- To distribute profits for the 2018 yearvia payinga dividend of 32.08 rubles per share. The record date for the dividend payment is 7May 2019; Not to distribute the remainder of the profits for the 2018 year.
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- To approve JSC KPMG (INN: 7702019950. The Principal Registra'on Number of the Entry in the Register of Auditors and Audit Organiza'ons: 11603053203) as the Auditor of PAO Severstal.
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- To amend the resolu'on on approval of the amount of remunera'ons and compensa'ons payable to members of the Board of Directors of PAO Severstal passed by the Annual General Mee'ng of Shareholders of PAO Severstal on 25May 2015:
- a) Star'ngfrom 1May 2019 the followingremunera'ons shall be paid to members of the Company's Board of Directors:
- to an Independent Directorapproved by the Board resolu'on as Chairman of any of the Board Commi;ees: 11 700 Euro (oran equivalent in any othercurrency) permonth;
- to any other Independent Director: 5 900 Euro (oran equivalent in any othercurrency) permonth.
- b) Star'ng from 1 May 2019 to members of the Company's Board of Directors deemed to be a Non-Execu've Director the remunera'on in the amount of 5 900 Euro (oran equivalent in any othercurrency) permonth shall be paid.
For further informa'on, please contact:
Severstal Investor Rela'ons VladimirZaluzhsky T: +7 (495) 926-77-66 [email protected]
Evgeny Belov T: +7 (495) 926-77-66 [email protected]
Severstal Public Rela'ons AnastasiaMishanina T: +7 (495) 926-77-66 [email protected]
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PАО Severstal is one of the world's leadingver'cally-integrated steel and steel related miningcompanies, with assets in Russia, Latviaand Poland.Severstal is listed on RTSand MICEX and the company's GDRsare traded on the LSE.Severstal reported revenue of \$8,580million and EBITDA of \$3,142million in 2018.Severstal's crude steel produc'on in 2018 reached 12.0million tonnes. www.severstal.com
ISIN: US8181503025 Category Code:AGM TIDM: SVST LEICode: 213800OKDPTV6K4ONO53 Sequence No.: 8404 EQS News ID: 804191
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