Severstal' : Corporate Event Notice “Information about the Company’s General Shareholders Meeting and the resolutions taken”

2.1 Type of the Company's General Shareholders Meeting: Annual.

2.2 Form of the Company's General Shareholders Meeting: meeting (joint attendance of shareholders).

2.3 Date of the Company's General Shareholders Meeting: June 09, 2017, venue of the General Meeting: Russian Federation, Vologda region, city of Cherepovets, Stalevarov Street 41, Metallurgists Hall, opening time of General Shareholders Meeting: 12.00 p.m.

2.4 Quorum of the Company's General Shareholders Meeting: quorum for the Annual General Shareholders Meeting was reached as the shareholders possessing in aggregate more than half of the total number of voting shares issued by PAO Severstal participated in the meeting.

2.5 Agenda of the Company's General Shareholders Meeting:

1. Election of members of the Board of directors of PAO Severstal.

2. Approval of the Company's Annual Report, Annual Accounting (financial) Statements of PAO Severstal for 2016.

3. Allocation of the Company's profit based on 2016 financial year results. Payment (announcement) of dividends for 2016 results.

4. Payment (announcement) of dividends for the first quarter 2017 results.

5. Election of members of the Audit Commission of PAO Severstal.

6. Approval of the Auditor of PAO Severstal.

7. Approval of the interested party transaction (several related transactions).

2.6 Voting results on the agenda items of the Company's General Shareholders Meeting for which quorum was reached:

First item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 7 185 516 579. Number of 'For' votes given for each candidate: 1. Alexey Alexandrovich Mordashov: 675 003 399; 2. Alexey Gennadievich Kulichenko: 668 714 408; 3. Vladimir Andreevich Lukin: 668 746 732; 4. Andrey Alexeevich Mityukov: 667 324 951; 5. Alexander Anatolievich Shevelev: 668 675 929; 6. Philip John Dayer: 768 159 340; 7. David Alun Bowen: 769 040 558; 8. Veikko Sakari Tamminen: 766 652 777; 9. Vladimir Alexandrovich Mau: 749 591 719; 10. Alexander Alexandrovich Auzan: 771 472 006. Number of 'Against' votes: 0; number of 'Abstained' votes: 84 900; number of votes represented by the ballots recognized invalid: 10 922 110; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 181 580.

Second item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of 'For' votes: 717 789 677; 'Against': 0; 'Abstained': 38 365; number of votes represented by the ballots recognized invalid: 1 019 783; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 18 558.

Third item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of 'For' votes: 717 819 169; 'Against': 0; 'Abstained': 3 325; number of votes represented by the ballots recognized invalid: 1 025 331; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 18 558.

Fourth item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of 'For' votes: 717 826 437; 'Against': 0; 'Abstained': 1 600; number of votes represented by the ballots recognized invalid: 1 019 788; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 18 558.

Fifth item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of votes: 1. Nikholay Viktorovich Lavrov (number of 'For' votes: 717 040 192; 'Against': 703 808; 'Abstained': 57 768; number of votes represented by the ballots recognized invalid: 1 035 507; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 29 108); 2. Roman Ivanovich Antonov (number of 'For' votes: 717 031 102; 'Against': 707 208; 'Abstained': 51 018; number of votes represented by the ballots recognized invalid: 1 047 947; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 29 108); 3. Svetlana Viktorovna Guseva (number of 'For' votes: 717 019 177; 'Against': 703 808; 'Abstained': 49 643; number of votes represented by the ballots recognized invalid: 1 064 647; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 29 108);

Sixth item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of 'For' votes: 710 630 893; 'Against': 1 510 731; 'Abstained': 5 648 729; number of votes represented by the ballots recognized invalid: 1 046 922; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 29 108.

Seventh item of the agenda:

number of votes held by the persons participated in the voting on this item of the agenda: 718 866 383. Number of 'For' votes: 675 536 068; 'Against': 42 182 615; 'Abstained': 87 988; number of votes represented by the ballots recognized invalid: 1 030 604; number of votes represented by the ballots, which were not returned by the participants of the Meeting: 29 108.

2.7 Resolutions approved by the Company's General Shareholders Meeting:

On the first item of the agenda: 'Elect the Board of directors of PAO Severstal in the following body: Alexey Alexandrovich Mordashov, Alexey Gennadievich Kulichenko, Vladimir Andreevich Lukin, Andrey Alexeevich Mityukov, Alexander Anatolievich Shevelev, Philip John Dayer, David Alun Bowen, Veikko Sakari Tamminen, Vladimir Alexandrovich Mau, Alexander Alexandrovich Auzan'.

On the second item of the agenda: 'Approve the Company's Annual Report, Annual Accounting (financial) Statements for 2016'.

On the third item of the agenda: 'a) Distribute the Company's profit based on 2016 financial year results. To pay (announce) dividends for 2016 results in the amount of 27 rubles 73 kopecks per one ordinary registered share. Form of dividend payment: monetary funds. Company shall pay dividends in the form of funds transfer. Date as of which the list of the Company's shareholders is compiled: 20 June, 2017 inclusively.

b) Not to distribute the rest of the profit for 2016 results'.

On the fourth item of the agenda: 'Pay (announce) dividends for the first quarter of 2017 results in the amount of 24 rubles 44 kopecks per one ordinary registered share. Form of dividend payment: monetary funds. Company shall pay dividends in the form of funds transfer. Date as of which the list of the Company's shareholders is compiled: 20 June, 2017 inclusively.

On the fifth item of the agenda: 'Elect the members of the Audit Commission of PAO Severstal in the following body: Nikholay Viktorovich Lavrov, Roman Ivanovich Antonov and Svetlana Viktorovna Guseva'.

On the sixth item of the agenda: 'Approve the Auditor of PAO Severstal - AO 'KPMG' (Taxpayer Identification Number 7702019950; Principal Registration Number of the Entry in the State Register of Auditors and Audit Organizations: 11603053203)'.

On the seventh item of the agenda: 'To approve the interested party transaction (several related transactions) concluded between PAO Severstal (the Client) and PAO Sberbank (the Bank) under the Agreement on general terms of taking Client's funds on deposits by confirmation exchange in the amount not to exceed 130,000,000,000 (one hundred thirty billion) rubles (or the equivalent in other currency) simultaneously placed on deposit. After consultation between the Parties interest rate based on market conditions as of the date of conclusion of the Agreement shall be set on each transaction. Interest on transactions shall be paid as of the day of the Agreement expiration. The Agreement shall remain in force for unlimited period.'

2.8. Date and number of the Minutes of the Company's General Shareholders Meeting: June 09, 2017, № 1.

2.9. Identification attributes of shares the owners of which have the right to participate in the General Meeting of Shareholders of the Issuer: uncertificated registered ordinary shares (state registration number of issue 1-02-00143-A, date of state registration 30.11.2004; International Securities Identification Code (Number) (ISIN): RU0009046510).