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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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