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NEWS                                                                                                                                                                                                                               NEWS

        Metalloinvest invests more than
        21 billion rubles as part of the

        environmental  program  2020-

        2025                                                                                                                       The program plans:
                                                                                                                                   -  modernization  of  gas  cleaning  equipment
                                                                                                                                   at the pelletizing factory of Lebedinsky GOK,
                                                                                                                                   - technical re-equipment of gas purification of
        On March 27, 2020, Metalloinvest, a                                                                                        drying drums of the crushing and screening
        leading manufacturer and supplier                                                                                          factory of Mikhailovsky GOK,
        of iron ore products and hot briquetted iron in the world market, approved the Environmental                               - reconstruction and construction  of  gas
        Program for 2020-2025. The program provides for investments for 21 billion rubles in a set of                              purification equipment on the Ural Steel,
        technological and environmental measures with a "direct" environmental effect at all production                            -  modernization  and  development  of  water
        sites                                                                                                                      recycling systems at Lebedinsky, Mikhailovsky

                                                                                                                                   GOKs and OEMK,
                                                                                                                                   - construction of additional treatment facilities
              70% of the program budget will be made by the Clean Air project, aimed at improving the                              at Lebedinsky GOK,
       quality of atmospheric air. Along with the implementation of the priority project, the Environmental                        - other projects.
       Program provides for the next projects: "Green metallurgy / introduction and achievement of
       BAT",  "Clean  Water",  "Zero  Waste",  "Clean  Land",  "Biodiversity  and  SPNA",  "Environmental
       Monitoring",  and  "Reduction  of  Greenhouse  Emissions  gases",  "Recycling  /  efficient  use  of
                                                              resources",  "Development  of  the  R&D  function
                                                              to reduce  environmental  impact",  "Improving
                                                              the  environmental  situation  in  the  regions  of
                                                              presence",  "Ecological  culture,  education,  staff
                                                              training", "Ecological management".

                                                                                                                                        Important  elements  of  the  program  are              company  EcoVadis.  Based  on  the  results
                                                                                                                                 reducing the  carbon intensity of  products,                   of updating the rating in 2019, the rating
                                                                                                                                 increasing  the  efficiency  of  dust  and  gas                of  the  company  improved  by  3  points to
                                                                                                                                 treatment plants, preserving biodiversity, land                60  points with an  industry  average  of  43
                                                                                                                                 reclamation,       strengthening        environmental          points.  Metalloinvest  entered  the  12%
                                                                                                                                 quality  control  (creating  automatic  control                of  the  best  companies  in the  world rated
                                                                                                                                 systems      for    emissions       and    discharges,         EcoVadis. At the  same  time,  among  the
                                                                                                                                 stationary and mobile environmental monitoring                 producers  of  metal  resources  and  steel,

                      Key  objectives  of  the  Environmental                                                                    laboratories). Under the program, the company                  the company is among the 8% best by the
        Program by 2025:                                                                                                         will continue the comprehensive development of                 criterion «Environment».
        - reduction of atmospheric emissions by 7%,                                                                              projects in the field of environmental protection                     In  2019,  Metalloinvest  took  the  4th
        - the complete transition of  the  Mikhailovsky                                                                          in the  cities of  presence  (environmental                    place  in  the  Openness  Rating  of  mining
        Mining  and  Processing  Plant  (GOK) and  the  Oskol                                                                    cleanups, tree / shrub planting, separate waste                and metallurgical companies (operating in
        Electrometallurgical Combine (OEMK) to a closed                                                                          collection, etc.). Measures are also being taken               Russia), organized by the World Wide Fund
        water recycling system - the exclusion of wastewater                                                                     to develop an ecological culture and train staff,              for Nature in Russia.
        discharges into water bodies,                                                                                            increase the effectiveness of the management
        -  stage-by-stage  transition of  Lebedinsky  GOK to                                                                     system in the field of environmental protection.
        a closed recycling water supply system - reduction                                                                       Metalloinvest  uses  advanced  technologies in
        of  wastewater  discharges  by 50%  (Ural Steel  JSC                                                                     production,  including direct reduction  of  iron
        operates a closed recycled water supply system that                                                                      and  steel smelting in electric furnaces,  which
        excludes sewage discharges water)                                           The  program  targets  will  be              minimize environmental impact. In the period
        - 100% processing  of  technological waste  and                      specified  following  an  independent               2007-2018. The volume of gross emissions of
        materials  (excluding stripping and  tailings of                     environmental audit in 2020.                        the Company’s enterprises decreased by 24%.
        Lebedinsky and Mikhailovsky GOKs),                                          The  implementation  of  the                 The company is also constantly expanding its
        - a  33%  decrease  in overburden  production at                     Environmental  Program  will  lead  to              production of high quality products (in particular,
        Lebedinsky and Mikhailovsky GOKs as a result of the                  a  reduction  in:  specific  greenhouse             hot briquetted iron and premium pellets), the use
        construction of conveyor complexes,                                  gas  emissions  from  the  production               of  which helps  consumers  reduce  greenhouse
        - reduction of  1  million  tons  of  greenhouse  gas                of pellets, from iron ore enrichment,               gas emissions in steel production.
        emissions  (CO2  equivalent)  among  consumers  of                   water  consumption  from  surface                          In  2018,  Metalloinvest  received its
        iron  ore  raw materials  (iron ore)  of  the  company               sources,  volumes  of  generation  and              debut  Silver Corporate Level Corporate  Social
        Metalloinvest.                                                       disposal of technological waste.                    Responsibility  rating  from  the  international                                                 metalloinvest.com



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