PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN) announces MMK Board of Directors decisions, which were adopted on 21 April 2023.

At the meeting, the Board made the following decisions, among others:

1. To hold an Annual General Meeting of Shareholders (AGM) in absentia and set the deadline for receipt of voting ballots on 26 May 2023; 

• Postal address for delivery of completed ballots: 212, Karl Marx Prospect, Magnitogorsk, 455008, Branch of STATUS Registrar;

• The website address where the electronic form of the voting ballot can be completed: https://online.rostatus.ru/;

• The e-mail address to which the persons entitled to participate at the AGM can send their completed voting ballots: shareholder@mmk.ru.

2. To approve 2 May 2023 (at the close of business) as the cut-off date for inclusion in the shareholder register for the AGM.