News

27 February 2018

NLMK Group launches online voting service for shareholders


NLMK Group, an international steel company, is launching an electronic voting (e-voting) service for its shareholders. The company will hold the first electronic vote in its history during the Extraordinary General Meeting of Shareholders on 12 March 2018, for voting on its new CEO (Chairman of the Management Board).

The e-voting service offers shareholders a more convenient method for casting their vote and will contribute to improving the quality of the company’s corporate governance.

The service will be available to all categories of shareholder registered with the Russian Public Services Portal, regardless of whether their securities are held in the register or a depository. The system guarantees security and confidentiality.

No special technical means are required to access the service. The service is accessible online from anywhere in the world.

Shareholders wishing to use the e-voting service at the upcoming Extraordinary General Meeting of Shareholders have to fill out an electronic ballot on the company's website.

About the E-voting platform

The E-voting platform was developed by the National Settlement Depository (NSD) and is a universal voting mechanism. It enables security holders to take part in shareholder meetings remotely and to vote at meetings in absentia.

The e-voting service is available to shareholders free of charge. The service enables shareholders to register and vote electronically, to connect to video or text broadcasting, to access agenda items and meeting materials, and to communicate with the issuer online during the meeting itself.

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 windmills.

NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.

NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 2017, the Company generated $10.065 billion in revenue and $2.655 billion in EBITDA. As of 31 December 2017, Net debt/EBITDA stood at 0.35х. The company has investment grade credit ratings from S&P, Moody’s and Fitch.

NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.

NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.

For NLMK Group’s photos and corporate videos, please visit https://media.nlmk.com/

Contacts

Babichenko Sergey

Head of PR

+7 (495) 504 05 04

babichenko_sy@nlmk.com

Maria Simonova

Press Secretary

+7 (915) 322-62-25

simonova_mn@nlmk.com

All contacts