Moscow, 1 July 2025 — Nornickel announces its decision to revise employee salaries across all categories from 1 July 2025. This annual review reaffirms the Company’s commitment to maintaining competitive compensation levels and retaining qualified personnel. The decision reflects Nornickel’s strategy to ensure stability and consistency in its relations with the workforce, while responding to market trends and attracting top talent.

For the first time, the Company is applying a differentiated approach to the revision based on employee categories. For blue-collar workers, production and line managers, and specialists (totalling over 55,000 employees), the base salary will be increased by an average of 10%. For other managers and white-collar staff, the increase will average 7%.

Additionally, an extra fund has been created for targeted reviews of base remuneration—amounting to 3% for production and line personnel and 4% for other managers and specialists. This fund has been allocated to the Company's business units for their own discretionary distribution. Its purpose is to support key specialists, particularly those in roles requiring extensive training and high qualifications. The retention of such employees is critical for the Company's stability and development amid a rapidly changing labour market and a limited pool of qualified talent.

For reference

The Nornickel Group has a total headcount of over 80,000 people.

Nornickel’s benefits package is one of the best in the industry. It includes voluntary medical insurance, housing and pension programmes, and a wide range of benefits that often exceed statutory requirements. Special attention is paid to healthcare: corporate clinics and medical centres operate in Norilsk, Dudinka, and Monchegorsk, and on-site occupational health services are also being developed. Benefits also extend to employees' family members, ranging from travel expense reimbursement to wellness holidays at health resorts and children's camps.

Nornickel to revise employee remuneration from July 1