Appointment of Auditor

21 September 2020

Petropavlovsk PLC ("Petropavlovsk" or the "Company")

Appointment of Auditor and Update on the Publication of Interim Accounts

Petropavlovsk is pleased to announce the appointment of MHA MacIntyre Hudson ("MHA"), the UK member of Baker Tilly International, as its external auditor for the financial year ending 31 December 2020.

Petropavlovsk is also pleased to update shareholders on the timing of its interim accounts for the period ending 30 June 2020. The Company expects to publish the interim accounts in the second half of October 2020. Further details regarding the publication of interim accounts will be made available in due course.

About Petropavlovsk

Petropavlovsk PLC (LSE: POG. MOEX: POGR) is a major integrated Russian gold producer with JORC Resources of 21.03Moz Au which include Reserves of 8.46Moz Au. Following its IPO on the Alternative Investment Market (AIM) in 2002, Petropavlovsk was promoted to the London Stock Exchange in 2009, where today it is a Premium Listed company and a constituent of the FTSE 250, FTSE 350 and FTSE All Share indices.

The Company's key operating mines (Pioneer, Malomir and Albyn) are in the Amur Region in the Russian Far East. Petropavlovsk has produced a total of c.7.8Moz of gold since operations began in 1994 and has a strong track record of mine development, expansion and asset optimisation.

The Group recently entered a new era of growth following the successful commissioning and start-up of its flagship asset, the Pressure Oxidation (POX) Hub at Pokrovskiy, which enables the processing of the Company's abundant refractory reserves and resources.

Petropavlovsk is one of the region's largest employers and one of the largest contributors to the sustainable development of the local economy.

For more information

Please visit www.petropavlovsk.net or contact:

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