PJSC Magnitogorsk Iron and Steel Works: Invitation to MMK Capital Markets Day 'MMK ONLINE'

INVITATION TO MMK Capital markets day: MMK online

24 november 2021

Magnitogorsk, Russia

PJSC MMK ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join MMK Capital Markets Day «MMK online» on the 7 December 2021.

Chairman of the Board of Directors Victor Rashnikov and CEO Pavel Shilyaev will discuss market trends, as well as the latest corporate developments and the Group's strategic view for 2025.

The event will take place in hybrid format on 7 December 2021 at 5:00 pm Moscow time (2:00 pm London time, 9:00 am New York time).

To register for the event to watch online and ask questions please follow the link:

https://mmkonline.ru/

• Date:
  7 December 2021

• Time:
  17:00 Moscow time
  14:00 London time
  9:00 New York time  

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.

ММK 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 20.2%.

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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