Moscow, Russia– May 30, 2016 – Mechel PAO (NYSE: MTL, MOEX: MTLR), a leading Russian mining and metals company, announces that the extraordinary general meeting of the company’s shareholders took place on May 26, 2016.

Shareholders decided to approve issues # 1, 2, 3, 4 regarding related-party transactions concluded by the company with VTB Bank, Gazprombank, Sberbank and the syndicate of banks.

“We are very grateful to our minority shareholders who voted in favor of Mechel’s debt restructuring. We received a lot of letters and telephone calls with words of support. We thank everyone who did not stay away!” Mechel PAO’s Chief Executive Officer Oleg Korzhov noted.

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Mechel PAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com