PJSC Polyus (LSE, MOEX — PLZL) (“Polyus”, the “Company”) announces that on 14 October 2020 it was notified that Polyus Gold International Limited (“PGIL”) had pledged 1,048,823 ordinary shares of 1 Russian ruble each in the capital of the Company (the “Pledged Shares”) securing certain obligations of PGIL following the recent additional shares issue and resulting increase of Polyus share capital. PGIL retains its legal and beneficial interest in the Pledged Shares as well as full voting rights. PGIL’s ownership in the Company remains unchanged.