Moscow, Russia – June 2, 2023 – Mechel PAO (MOEX: MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 29, 2023.

The Board of Directors made the following recommendations to the general meeting of Mechel PAO’s shareholders:

• Not to liquidate the loss of 33,258,899.89 rubles received in 2022 and to leave it on Mechel PAO's balance sheet;

• Not to pay dividends with respect to any of Mechel PAO’s shares. 

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

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