Results of Extraordinary General Meeting

Results of Extraordinary General Meeting

PAO Severstal ("Severstal", the "Company") (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, announces that a resolution on payment of a dividend for the first nine months ended 30 September 2017 was passed at the Company's Extraordinary General Meeting ("EGM") held on 24 November 2017.

Severstal's shareholders approved the payment of a dividend of 35.61 rubles per share for the first nine months ended 30 September 2017. The record date for this dividend payment is 5 December 2017.

For further information, please contact:

Severstal Investor Relations

Evgeny Belov

T: +7 (495) 926-77-66

[email protected]

Severstal Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

[email protected] 

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PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Ukraine, Latvia and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $5,916 million and EBITDA of $1,911 million in 2016. Severstal's crude steel production in 2016 reached 11.6 million tonnes www.severstal.com