ESG Ratings and Initiatives

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Nonickel shares in the ESG index of the Moscow Exchange —
RAEX ESG

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ESG rating — “АА”

Very high level of ESG risk management (October 2024)

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ESG rating of ESG-II(c)

Very strong commitment to integrating sustainability issues into its key decisions (September 2024)

Source
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ESG index: I level (high)

as of September 2023

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ESG-АА, level ESG-2

Very high ESG score (September 2024)

Source
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ESG rating is “B”

as of April 2023

ESG-rating has been withdrawn in August 2023
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ESG rating ESG score
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ESG Risk Rating
 — 44.0 (out of 100),
risk rating “Severe”

Exposure Score
 — 76.7 (out of 100),
risk rating “High”

Management Score
 — 46.5 (out of 100),
risk rating “Average”

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Management Score ESG Risk Rating
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Overall ESG score 4.3/5

(improvement from 2.4 since 2017), which puts NN in the top percentile.

Reiterated as an index constituent in December 2021.

Industry average — 2.2/5.

ESG-rating has been withdrawn in March 2022
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ESG rating is “C”, performance score — 36.5, transparency level — high

as of May 2024

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Governance Environment
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Overall ESG score has been increased from 33 to 44 (out of 100)

in November 2021 vs industry average of 34

ESG-rating has been withdrawn in March 2022
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Climate Change 2021 – score “D” (M&M sector - “C”)

Water Security 2021 – score “C” (M&M sector - “B-”)

ESG-rating has been withdrawn in March 2022
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Water Climate Change
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ESG rating 58/100

as of February 2024

334862582020 (September)2021 (April)2022 (September)2024 (February)

Membership

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In November 2016, the Company joined the United Nations Global Compact

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Norilsk Nickel’s environmental management is in compliance with international standards ISO 14001:2015

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Compliance with GRI (global reporting initiatives) and RSPP public verification procedure. First social responsibility report in 2003

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Nickel institute — member since 2005

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International Platinum group metals association — member since 1999

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Global Battery Alliance — member since 2021