Moscow, Russia– July 1, 2016 – Mechel PAO (NYSE: MTL, MOEX: MTLR), a leading Russian mining and metals company, announces the decisions of its Board of Directors made at the meeting held on June 30, 2016.

The Board of Directors made the following decisions among others:

1. To elect Igor V. Zyuzin as Chairman of Mechel PAO’s Board of Directors.

2. To elect Alexander N. Shokhin as Deputy Chairman of the Board of Directors.

3. To approve the following permanent committees with the Board of Directors:

The audit committee:

• Vladimir Y. Korovkin — head of the committee
• Alexander N. Kotsky — member of the committee
• Alexander D. Orischin — member of the committee

The committee on investment and strategic planning:

• Yury N. Malyshev — head of the committee
• Alexander D. Orischin — member of the committee
• Alexander N. Kotsky — member of the committee
• Tigran G. Khachaturov — member of the committee
• Oleg V. Korzhov — member of the committee

The committee on appointments and awards:

• Alexander D. Orischin — head of the committee
• Vladimir Y. Korovkin — member of the committee
• Yury N. Malyshev — member of the committee

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