At a meeting held on 2 February 2022, NLMK Group's Board of Directors
recommended NLMK shareholders to approve Q4'21 dividends in the
amount of RUB 12.18 per share. Taking into account dividends accrued
in Q1-Q3’21, 12M’21 dividends can total RUB 46.84 per share.
The date on which the persons entitled to
dividends are determined will be recommended when the decision is
made to convene the NLMK Group Annual General Meeting of
The Board of Directors also approved the
composition of the Group’s Management Board with
7 members as
Ben De Vos
Additionally, in line with best practices and with
a view to reinforce a culture of succession,
the Board approved
NLMK Group’s Board of Directors Succession Policy and Regulations
on NLMK’s HR, Remunerations and Social Policy Committee (updated
About NLMK Group
NLMK Group is the largest steelmaker in Russia and
one of the most efficient in the world.
NLMK Group’s steel products are used in various
industries, from construction and machine building to the
manufacturing of power-generation equipment and offshore wind
NLMK operates production facilities in Russia,
Europe, and the United States. The Company’s steel production
capacity exceeds 18 million tonnes per year.
NLMK’s ordinary shares with a 20.7% free-float
are traded on the Moscow Stock Exchange (ticker "NLMK") and
its global depositary shares are traded on the London Stock Exchange
(ticker "NLMK:LI"). The share capital of the Company is
divided into 5,993,227,240 shares with a par value of RUB1.
For more information about NLMK Group, please