13 June 2023
Notice on Mechel's American Depository Receipts Conversion

Moscow, Russia - June 13, 2023 - Mechel PAO (MOEX: MTLR), one of the leading Russian mining and metals companies, announces that on June 9, 2023, the Depository Bank Deutsche Bank Trust Company Americas resumed the conversion of American depositary receipts, representing ordinary and preferred shares of Mechel PAO (ISINs US5838406081 and US5838405091), into ordinary and preferred shares.

Information on the terms, conditions and procedure for submitting an application for conversion can be found in the official announcement of the Depository Bank -
https://tss.gtb.db.com/FileView/Data.aspx?URL=dbdr/publication/BookOpenClose/8558_2023Jun09_180326565.pdf

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Mechel PAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com

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Mechel is an international mining and steel company. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.

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Mechel PAO published this content on 13 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2023 15:15:04 UTC.