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Polyus tops the WWF environmental transparency rating

15 December 2022
AK&M rating agency upgraded Polyus ESG reporting rating to the highest level of sustainability disclosure

Polyus PJSC (LSE, MOEX: PLZL) ("Polyus", "the Company") has been ranked first in the annual environmental transparency rating for mining and metals companies prepared by the World Wildlife Fund (WWF) in partnership with ACRA Risk Management and the United Nations Environment Program (UNEP).

Polyus topped the rating for the second year in a row while also leading the list of 39 industry players in the Environmental Management and Information Disclosure sections. Polyus was among the top four companies in the Environmental Impact section.

WWF assesses the availability of environmental information, the maturity of environmental safety management and the Company’s actual environmental impact.

Polyus has consistently received a high rating over the last five years and previously topped the list in 2019 and 2021.

Daria Grigoreva, Sustainability Director at Polyus, commented:

Although domestic businesses have faced challenges throughout 2022, Polyus has not decreased the quality of its environmental management and reporting. In fact, this year we have increased the number of ESG indicators that are submitted for local and international ratings. We are grateful to WWF for awarding our practices a high rating.

The full WWF transparency rating for 2022 can be viewed at: https://wwf.ru/what-we-do/green-economy/eco-transparency-rating/mining/

Polyus

Polyus is the world’s fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold Ore Reserves. The company demonstrates the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

Forward looking statements

This announcement may contain "forward-looking statements" concerning Polyus and/or Polyus group. Forward-looking statements are generally identified by the words "will", "may", "should", "could", "would", "can", "continue", "opportunity", "believe", "expect", "intend", "anticipate", "estimate" or similar expressions. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditure, business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are difficult to predict accurately and which are beyond the control of Polyus and/or Polyus group. Therefore, undue reliance should not be placed on such statements, which speak only to the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

This document shall not constitute or form part of an invitation or inducement to engage in investment activity, any offer for sale or subscription of or solicitation to buy or subscribe to any Company securities, and neither this document nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or investment decision in that regard, and it does not constitute advice in relation to any securities or investments in Polyus group.

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