2.1. Type of transaction: interested party transaction.

2.2. Type and subject of transaction: Agreement on opening of the revolving credit line.

2.3. Content of transaction: Lender shall open the revolving credit line for financing the Borrower's statutory activities; Borrower shall repay the received loan and pay the interest accrued as well as other payments in the amount and on the terms of the Agreement.

2.4. Term of transaction: loan repayment date - 12.11.2020.

Parties: Borrower - PAO Severstal; Lender - PAO Sberbank of Russia;

The contractual amount: 27,800,000,000 (twenty seven billion eight hundred million) roubles (5.76% of the Issuer's assets value under RAS).

2.5. Issuer's asset value as of the end date of reporting period preceding the date of transaction (conclusion of the Agreement): 482,739,183 thousand roubles.

2.6. Date of transaction (Agreement): 13.11.2017.

2.7. Full name of physical person recognized in accordance with the Russian Federation regulations as a person interested in the performance of transaction by the Issuer: Vladimir Alexandrovich Mau.

Basis on which the person was recognized interested in the performance of transaction: person is a controller of the Issuer and the entity representing a Party of transaction.

Interested person's equity share in the charter capital of the Issuer and the equity representing a Party of transaction: 0%

2.8. Information about transaction approval: transaction has been approved by the Issuer's Board of directors.

Date of the Board meeting of the joint-stock company, at which such a resolution has been approved: September 08, 2017. Date of the Board meeting's Minutes of the joint-stock company, at which such a resolution has been approved: 08.09.2017, Minutes № 13/2017.

OAO Severstal published this content on 14 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 November 2017 07:14:09 UTC.

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