NLMK reports that Sergey Kravchenko, independent member of the Board of Directors, has decided to step down from his post on the Board of Directors. The quorum required by Federal Law “On Joint-Stock Companies” and the NLMK Charter to pass resolutions at Board meetings is maintained, and the mandate of the other Board members continues. A resolution on the new composition of the Board will be passed at the Annual General Meeting of Shareholders in June 2022. The Company would like to express its gratitude to Sergey Kravchenko for his work as a member of the Board of Directors.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe, and the United States. The Company’s steel production capacity exceeds 18 million tonnes per year.

For more details on NLMK Group, please visit our website.

For NLMK Group’s photos and corporate videos, please visit our media library.