Notice of Q1 2021 IFRS results webcast & conference call

06 APRIL 2021

Magnitogorsk, Russia

PJSC MMK ("MMK", or "the Group") (MICEX-RTS: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join MMK Q1 2021 IFRS results webcast & conference call.

MMK management will hold a conference call on these financial statements on 21 April 2021 at 4:30 pm Moscow time (2:30 pm London time, 9:30 am New York time).

• Date:
  21 April 2021

• Time:
  16:30 Moscow time
  14:30 London time
  9:30 New York time

Russia

UK

USA

Local access

+7 495 213 1767

+44 (0) 330 336 9125

+1 929-477-0402

Toll free

8 800 500 9283

0800 358 6377

888-204-4368

• Conference ID:

Russian - 9577666

English - 2042374

• Webcast:
  To register for the webcast please use the following link.

The call recording will be available for seven days via the following numbers:

Call recording ID:

Russian - 9577666

English - 2042374

Russia

UK

USA

Local access

8 10 800 2702 1012

+44 (0) 207 660 0134

+1 719-457-0820

• A presentation of the financial results and the IFRS financial statements can be found at: http://eng.mmk.ru/for_investor/financial_statements/

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The Group's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products, with a predominant share of premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln tonnes of commercial steel products.

ММК is an industry leader in terms of production costs and margins. Group revenue in 2020 totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest debt burden. Net debt/EBITDA ratio was -0.06х at the end of 2020. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's and S&P.

MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 15.7%.

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INVESTOR RELATIONS DEPARTMENT

Veronika Kryachko
+7 915 380 6266 kryachko.vs@mmk.ru

ESG DEPARTMENT

Yaroslava Vrubel
+7 982 282 9682
vrubel.ys@mmk.ru

COMMUNICATIONS DEPARTMENT

Dmitry Kuchumov
+7 985 219 2874 kuchumov.do@mmk.ru

Oleg Egorov
+7 903 971 8837
egorov.oa@mmk.ru