The Board of Directors (the «Board») of PJSC Polyus (MOEX — PLZL) («Polyus», or the «Company») will consider dividend payment recommendations for 3Q 2025 on 5 November 2025.
Based on the current number of outstanding shares (excluding shares held by the Company’s subsidiaries), the total amount of dividends could amount to 30% of the Company`s EBITDA for 3Q 2025, which is in line with Polyus’ current dividend policy.
If the Board decides to recommend dividend payments and the General Meeting of Shareholders subsequently decides to declare dividends, the payments will be made within the legislative deadlines.
Alexey Vostokov, Chief Executive Officer of PJSC Polyus, commented:
«The favorable gold market pricing conditions, coupled with the Company’s high operating efficiency and its updated dividend policy in the current year, allow the Company to consider dividend payment based on Q3 2025 performance.
On a separate note the recently imposed EU sanctions should not impact the Group’s operations, which are continuing as planned. Our priority focus remains on our projects (including Sukhoi Log) implementation. Our core objectives are sustainable development, building a solid foundation of operational and financial performance, fulfilling all obligations, as well as cost control, which should translate into long-term value creation for our shareholders.»
Polyus
Polyus is the fourth largest gold producer in the world in terms of production and has one of the world’s largest gold 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 Territory, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Enquiries (Investors and Media)
Capital Markets Department
+7 (495) 641 33 77
IR@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. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the corresponding 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 difficult to predict accurately and which are beyond the control of Polyus/or Polyus group. Therefore, undue reliance should not be placed on such statements, which speak only to 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.