Press releases

Notice of EGM

EGM

PJSC Polyus (LSE, MOEX — PLZL) («Polyus» or the «Company») announces that the Board of Directors of the Company (the «Board») has resolved to convene the Extraordinary General Meeting of Shareholders of PJSC Polyus («EGM»).

Date of the EGM: 06 June 2022.

Agenda:

  • Early termination of powers of members of the Board of Directors of PJSC Polyus
  • Election of members of the Board of Directors of PJSC Polyus

Format of EGM: Absentee voting.

Ballot submission deadline: 06 June 2022.

Record date (the date of drawing up the list of persons entitled to participate in the EGM): 12 May 2022.

Update on the Board of Directors

Polyus convenes EGM to elect nine directors as required by the Polyus’ Charter and applicable legislation.

The EGM is expected to elect the new interim Board, which will proceed with the process of identifying potential candidates of appropriate caliber and experience to fill the roles of Independent Directors («INEDs»). Polyus confirms its previously announced intention to form the Board majorly comprised by INEDs.

The Board elected for interim period shall make a final decision on the independent candidates to the Board and convene Polyus AGM 2022.

Polyus

Polyus is the world’s fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold ore reserves. The Company has the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Investor and Media contact

Victor Drozdov,
Director Communications & Investor Relations (CIR) Department
+7 (495) 641 33 77
drozdovvi@polyus.com

Forward-looking statements

This announcement may contain «forward-looking statements» concerning Polyus and/or Polyus group. Generally, the words «will», «may», «should», «could», «would», «can», «continue», «opportunity», «believes», «expects», «intends», «anticipates», «estimates» or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.