ANNUAL REPORT 2016

Additional information

Shareholder Information

Severstal’s shares are traded on the largest Russian exchange – MICEX Stock exchange, which is a part of Moscow Exchange Group. Moreover, Severstal’s shares are circulated in the form of depositary receipts on the London Stock Exchange and through the PORTAL trading system in the US.

Stock Exchange Ticker

MICEX Stock Exchange CHMF

London Stock Exchange SVST

Severstal’s stocks traditionally contribute to the capitalisation of key indices on the stock exchanges on which the company is listed. Severstal makes a sizeable contribution to the MICEX and RTS indices in Russia. Additionally, Severstal is a solid constituent of MSCI Russian and FTSE Russia IOB at LSE.

Credit ratings

Severstal contribution to key Indices

Share price at MICEX in 2016, RUB

GDR Price at LSE in 2016, USD

During 2016 Severstal continued to be a leader in terms of efficiency improvements implementation which enabled the Company to maintain relatively high share price premium in russian steel sector.

In such a volatile market environment the Company’s ability to generate substantial free cash flow level throughout the cycle as well as its clear intention to realise significant value for shareholders via generous dividend payments balanced with an aim to retain strong financial position makes it the best in class protective asset.

In 2016 Severstal hosted its annual Capital Markets Day in London on 1st November. The event took place at the London Stock Exchange following a Market Opening Ceremony dedicated to the 10th anniversary of Severstal’s GDR-listing.

At the Capital Markets Day Vadim Larin (ex-CEO), Alexey Kulichenko (CFO), Sakari Tamminen (Senior Independent Director) and Andrey Laptev (Head of Corporate Strategy) presented Severstal’s key achievements during its 10 years of LSE listing and provided an update on the Company’s progress against its stated strategy as well as an insight to existing and prospective investors on the Company’s next steps towards operational and financial excellence.

Dividends

Severstal resumed paying dividends in 2010. Severstal Board of Directors has modified the Company’s dividend policy to return 50% of the net profit for a given reporting period to shareholders provided that Net debt/EBITDA is below 1.0x, reflecting Severstal’s mission to maximise shareholder returns.

Dividends per share/GDR announced for the periods ended in 2016:

2017 financial calendar