Public Joint Stock Company "Novolipetsk Steel" reported that Sergey Kravchenko, independent member of the Board of Directors, has decided to step down from his post on the Board of Directors. The quorum required by Federal Law "On Joint-Stock Companies" and the NLMK Charter to pass resolutions at Board meetings is maintained, and the mandate of the other Board members continues. A resolution on the new composition of the Board will be passed at the Annual General Meeting of Shareholders in June 2022.

The Company would like to express its gratitude to Sergey Kravchenko for his work as a member of the Board of Directors.