Press releases

Consolidation of Lenzoloto assets

PJSC Polyus (LSE, MOEX — PLZL) (“Polyus”, the “Company”) and its wholly-owned subsidiary JSC Polyus Krasnoyarsk (“Polyus Krasnoyarsk”) announce that, as part of consolidation of the Polyus group’s assets, Polyus Krasnoyarsk intends to offer eligible holders of ordinary and preferred shares of PJSC Lenzoloto (MOEX – LNZL) (“Lenzoloto”), an indirect subsidiary of the Company, to either sell their shares in Lenzoloto to Polyus Krasnoyarsk for cash or to exchange them for ordinary shares of Polyus (the “Offer”), in each case subject to certain exceptions and requirements to be set out in the terms and conditions of the Offer.