Moscow, 15 November 2021 – Segezha Group (MOEX: SGZH), a subsidiary of Sistema PJSFC and a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced wood processing, today announces that at a meeting on November 10, 2021, the Board of Directors of the Group recommended allocating interim dividends for the 9M 2021 in the amount of RUB 6.6 bn, or RUB 0.42 per share.

The date of the Extraordinary General Meeting, as well as the record date for the dividends, will be announced later.

Mikhail Shamolin, President of Segezha Group, comments: "Segezha Group has performed successfully during nine months of 2021 both in operating and financial terms. We are pleased to share these excellent results with our shareholders."

The recommendation regarding annual dividends will be made by the Board of Directors based on the results of the Group for 12Ì 2021.