Polyus : Notification and public disclosure of transactions by PDMR and persons closely associated with them

29 December 2020

PJSC Polyus

Notification and public disclosure of transactions by PDMR and persons

closely associated with them

PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company") announces that on 29 December 2020 it was notified that on 28 December 2020 Polyus Gold International Limited ("PGIL") sold 1,110,779 ordinary shares with the nominal value of 1 Russian ruble each in the share capital of the Company to Polyus Service Limited Liability Company pursuant to a share purchase agreement between PGIL and Polyus Service Limited Liability Company dated 28 December 2020.

PGIL entered into the share purchase agreement on the same terms as the share purchase agreements that will be signed by holders of the Company's ordinary shares in connection with a tender offer launched by Polyus Service Limited Liability Company on 24 November 2020.

PGIL's ownership in the Company after the transaction constitutes 76.34%.

Polyus

Polyus is the world's fourth-largest gold mining company by production volumes and one of two gold miners with the largest attributable gold 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).

Investor and Media contact

Victor Drozdov, Director Communications & Investor Relations (CIR) Department [phone]

[e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities/person closely associated

a)	Name	Polyus Gold International Limited
2	Reason for the notification
a)	Position/status	Person closely	associated	with Mr. Said Kerimov
		and Mr. Sergei I.	Nossoff,	PDMRs (members of the
		Board) of PJSC Polyus
b)	Initial notification/	Initial notification
	Amendment

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

a) Name	Public Joint Stock Company Polyus

b) LEI	549300FUXVT7TF6ZKV71

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	Ordinary Shares
	financial instrument, type
	of instrument
	Identification code	ISIN RU000A0JNAA8
b)	Nature of the transaction	Sale of ordinary shares to Polyus Service Limited
		Liability Company pursuant to a share purchase
		agreement dated 28 December 2020.
c)	Price(s) and volume(s)
Price(s)		Volume(s)
		RUB 15,475.341		1,110,779
d)	Aggregated information
	- Price	RUB 15,475.341
	- Volume	1,110,779
	- Total	RUB 17,189,683,800.64
e)	Date of the transaction	28 December 2020
f)	Place of the transaction	outside a trading venue