NORINICKEL SHAREHOLDERS APPROVED THE FINAL DIVIDEND FOR FISCAL YEAR 2020

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MMC Norilsk Nickel (MNOD)
20-May-2021 / 19:50 MSK
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PRESS RELEASE

May 20, 2021

Public joint stock company “Mining and metallurgical company” NORILSK NICKEL ” (PJSC “MMC” Norilsk Nickel “,” Nornickel “or the” Company “)

NORINICKEL SHAREHOLDERS APPROVED THE FINAL DIVIDEND FOR FISCAL 2020

Moscow – Nornickel shareholders held the Annual General Meeting (AGM) in absentia on May 19, 2021. The General Meeting approved the final dividend for fiscal year 2020 in the amount of SCRUB 1021.22 per common share (approximately 13.86 at the RUB / USD exchange rate set by the Central Bank of Russia on 05.19.2021). The final dividend will amount to a total of 161.6 billion rubles (about USD 2.2 bn) The total dividend distribution for the 2020 financial year will amount to USD 3.5 bn, including 2020 nine-month interim dividends that have already been paid to shareholders (for a total amount of approximately USD 1.3 bn).

the dividend the recording date has been set at June 1, 2021.

The general assembly also elected the board of directors and the internal audit committee.

Board of directors

Audit сcommission

In addition, the shareholders approved the annual report for 2020, the RAS accounts, the consolidated financial statements in accordance with IFRS for 2020 and approved JSC KPMG as auditor for the RAS 2021 accounts and the consolidated IFRS financial statements. Shareholders voted in favor of all other AGM agenda items.

AGM documents and voting results available on Nornickel website.

This announcement contains inside information in accordance with article 7 of EU regulation 596/2014 of April 16, 2014.

Full name and title of the person making the announcement – Vladimir Zhukov, Vice-President, Investor Relations

ABOUT THE COMPANY

MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of high-quality palladium and nickel, and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulfur and other products.

Norilsk Nickel Group’s production units are located in the Norilsk industrial district, the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland and South Africa.

MMC Norilsk Nickel shares are listed on the Moscow Stock Exchange and the St. Petersburg Stock Exchange, ADRs are traded over-the-counter in the United States and on the London, Berlin and Frankfurt stock exchanges.

Media Relations: Investor Relations:

Telephone: +7 (495) 785 58 00 Telephone: +7 (495) 786 83 20

E-mail: [email protected] E-mail: [email protected]



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