Press Releases

PJSC Polyus (LSE, MOEX — PLZL) («Polyus» or the «Company») today announces that it has completed its open market buyback programme in respect of ordinary shares of the Company (the «Ordinary Shares») including Ordinary Shares represented by depositary receipts («DRs») (the «Programme»).

The Programme was launched on 31 January 2022.

A total of 69,564 Ordinary Shares of the Company were purchased under the Programme on the Moscow Exchange by Polyus Service LLC, a direct wholly-owned subsidiary of the Company, during the period from 28 February 2022 to 1 March 2022. Respective notice was published by the Company in March 2022, no further transactions were made since that time.

As previously announced, Ordinary Shares of the Company acquired pursuant to the Programme will be used by the Company for general corporate purposes, including for the purposes of the Company’s long-term incentive plans. Until cancellation or resale, the acquired Ordinary Shares of the Company will retain all rights, including the right to receive dividends.

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).