Address of the Chairman of the Board of Directors of PJSC MMK V.F. Rashnikov to the employees of MMK Group

Dear colleagues! MMK Group employees!

Today we are all going through difficult times, and I am sure we want a peaceful settlement of the current situation as soon as possible.

I understand that in the changed political and economic conditions, everyone is concerned about the prospects of our company's work. I want us to have a common understanding of the current situation.

Currently, all the company's services effectively solve the issues of supply and sale of our metal products. As you know, a significant part of our rolled metal is supplied to the domestic market and this creates an additional margin of safety for us.

We continue to implement our investment projects. Environmental and social responsibility continue to be the basis of our further development. We carry out our social and charitable programs in full.

MMK's main asset is you, our employees. I am confident that we will be able to preserve the professional team of the Group, the material well-being of employees and a healthy social environment in the regions of our presence.

I am convinced that your high qualifications and responsible attitude will allow you to cope with any tasks.

We have repeatedly had to face the challenges of the time - changes in market conditions, restrictions and crises. We are ready for them and are able to work in changing conditions. I am sure that now, together, supporting each other, we will cope with the difficulties that have arisen!

Chairman of the Board of Directors of PJSC MMK V. F. Rashnikov