Severstal publishes 2020 Annual Report

Severstal ("Severstal", "the Company") (LSE: SVST; MOEX: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, has published its Annual Report for the year ended 31 December 2020 on the Company's corporate website. The full report is available at:

https://www.severstal.com/eng/ir/results_and_reports/annual_reports

For further information please contact:

Investor Relations

Evgeny Belov

T: +7 (495) 926-77-66

evgenii.belov@severstal.com

Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

anastasia.mishanina@severstal.com

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PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on MOEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $6,870 million and EBITDA of $2,422 million in 2020. Severstal's crude steel production in 2020 reached 11.3 million tonnes. www.severstal.com