EVRAZ plc ('EVRAZ' or the 'Company') announces that its 5.250% Notes due on 2 April 2024 (the '2024 Notes') will not be redeemed in whole or in part, despite the EVRAZ group having sufficient liquidity to do so.

The Company is currently prohibited from making payments in respect of the 2024 Notes without a license from the UK sanctions regulator, the Office of Financial Sanctions Implementation of HM Treasury ('OFSI').

Contact:

Tel: +7 495 363 19 63

Email: info@evraz.com

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