DJ PAO Severstal: The Board recommends Q1 2021 Dividend Payment, changes the form of the AGM, approves the agenda for the AGM and nominates Anna Lvova, Head of HR at Severgroup, to the Board of Severstal
PAO Severstal (SVST)
PAO Severstal: The Board recommends Q1 2021 Dividend Payment, changes the form of the AGM, approves the agenda for the
AGM and nominates Anna Lvova, Head of HR at Severgroup, to the Board of Severstal
16-Apr-2021 / 09:46 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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The Board recommends Q1 2021 Dividend Payment, changes the form of the Annual General Meeting ("AGM), approves the
agenda for the AGM and nominates Anna Lvova, Head of HR at Severgroup, to PAO Severstal's Board of Directors
16 April 2021
The Board of Directors of Severstal ("Severstal", "the Company") (LSE: SVST; MOEX: CHMF), one of the world's leading
vertically integrated steel and steel-related mining companies, recommends a dividend of 46.77 roubles per share for
the three months ended 31 March 2021, changes the form of the AGM and approves the agenda for the AGM.
Approval of the dividend is expected to take place at the Company's AGM on 21 May 2021. The record date for
participation in the AGM is 26 April 2021. The recommended record date for the dividend payment is 1 June 2021. The
approval of the record date for the dividend payment is also expected to take place at the Company's AGM on 21 May
2021. The Board has resolved to change the form of the AGM and hold it in absentia rather than in-person as it has been
initially resolved by the Board in February.
The Board of Directors has also approved the following agenda for the AGM:
1. Election of members of the Board of Directors of PAO Severstal.
2. Allocation of profit of PAO Severstal for 2020 results. Payment (announcement) of dividends for 2020 results.
3. Payment (announcement) of dividends for the results of the first quarter of 2021.
4. Approval of the Auditor of PAO Severstal.
The Board of Directors has also nominated Anna Lvova, Head of HR at Severgroup to PAO Severstal's Board of Directors.
Anna will replace Andrey Mityukov, who will now fully focus on his activities as CEO of TalentTech (a part of
Severgroup).
The list of Board candidates will be submitted for shareholders' approval at the forthcoming Company's AGM on 21 May
2021.
Anna Lvova joined Severstal in 2010 after a 10-years career at leading international FMCG companies. For seven years,
she held positions at the HR function of Severstal including the role of Talent Director for the company. In 2017, she
was appointed as the HR Director at Power Machines. Starting from 2019, as the HR Director of Severgroup, Anna Lvova
coordinates the development of the HR strategies and competencies for Severgroup companies, focuses on finding and
sharing best HR practices, as well as working with leadership teams and talent pool for the management positions.
Following the approval at the AGM, Severstal's Board of Directors will as before comprise 10 members with half of them
being independent non-executive directors and two Board members being women.
For further information, please contact:
Investor Relations
Vladimir Zaluzhsky
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com
Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
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P?? 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 USD6,870 million and EBITDA of USD2,422 million in 2020. Severstal's crude steel production in 2020
reached 11.3 million tonnes. www.severstal.com
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ISIN: US8181503025
Category Code: QRF
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 99448
EQS News ID: 1185498
End of Announcement EQS News Service
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(END) Dow Jones Newswires
April 16, 2021 02:47 ET (06:47 GMT)
