Moscow, August 26, 2026 — The Board of Directors of Nornickel, the world’s largest palladium and a major producer of nickel, platinum and copper, has set the Extraordinary General Meeting of shareholders (EGM) date on September 30, 2026 and the EGM record date (the list of shareholders eligible to vote) on September 7, 2026.

The Board of Directors has recommended for the EGM approval an interim dividend for the six months of 2026 in the amount of RUB 1.85 per ordinary share. The dividend will amount to a total of RUB 28,280 million. The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on October 12, 2026.

Sergey Malyshev, First Vice President — Chief Financial Officer of the Company, said,

«The management assessed the sufficient amount of free cash flow and a comfortable debt level while preparing the proposal for the Board of Directors. Under the current conditions, Zabaykalsky Division is the main contributor to the Group’s cash flow generation and the leverage is at the comfortable level. Management believes that Nornickel’s dividend payments, essentially from a share of dividends received from Zabaykalsky Division’s assets, allow the Company to maintain high financial stability even in the face of significant macroeconomic uncertainty.

The management believes, that the dividend payment will maintain the investment attractiveness of Nornickel’s shares for private investors, especially during the turbulence of the Russian stock market and for Company’s employees — participants of Digital Investor Program».

Nornickel’s Board of Directors recommends interim dividend for 6M2026