EQS-News

PJSC Mechel : MECHEL REPORTS DECISIONS OF ANNUAL GENERAL SHAREHOLDER MEETING

EquityStory.RS, LLC-News: PJSC Mechel / Key word(s): AGM/EGM PJSC Mechel : MECHEL REPORTS DECISIONS OF ANNUAL GENERAL SHAREHOLDER MEETING 01.07.2022 / 11:00 MSK The issuer is solely responsible for the content of this announcement. MECHEL REPORTS DECISIONS OF ANNUAL GENERAL SHAREHOLDER MEETING

Moscow, Russia – July 1, 2022 – Mechel PAO (NYSE: MTL, MOEX: MTLR), a leading Russian mining and metals company, announces the decisions made by the annual general shareholder meeting held on June 30 by correspondence.

The shareholders decided on the following:  

• not to pay dividend with respect to both ordinary and preferred shares and to leave the profit of year 2021 (466,825,602.72 rubles) unallocated;
• to elect to Mechel PAO’s Board of Directors:
  1. Igor V. Zyuzin
  2. Oleg V. Korzhov
  3. Georgy G. Petrov
  4. Alexander N. Kotsky
  5. Alexander D. Orishchin
  6. Irina N. Ipeeva
  7. Yuriy N. Malyshev
  8. Ivan F. Glumov
  9. Nelli R. Galeeva

• to approve Mechel PAO’s revised charter;
• to approve Energy Consulting AO as Mechel PAO’s auditor.

 

***

Mechel PAO

Ekaterina Videman

Tel: + 7 495 221 88 88

[e-mail]

***

 

Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.