Notification of transaction by PDMR's PCA

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Pearlgreen Limited

2

Reason for the notification

a)

Position/status

A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors of PAO Severstal)

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Public Joint Stock Company "Severstal"

b)

Legal Entity Identifier code

213800OKDPTV6K4ONO53

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

non-documentary ordinary registered shares

Identification code

RU0009046510

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

RUR 901 per share

100,000

d)

Aggregated information

- Aggregated volume

- Price

100,000

RUB 90,100,000

e)

Date of the transaction

21 November 2019

f)

Place of the transaction

Outside of Trading Venue