Financial assistance in relation with the flooding in Kazakhstan

Due to the severe flood situation in Kazakhstan, Polymetal International plc (“Polymetal” or the “Company”) will allocate KZT 250 million to help to mitigate the consequences of flooding and provide assistance to the residents of the Kostanay region.

“In these difficult times, when the scale of the destructive floods has affected almost every family in Kazakhstan, we deeply sympathise with everyone and want to express our support.

For many years, our company has been a reliable partner and investor in the economy of Kazakhstan, contributing to the development of social infrastructure and local communities. The disaster brought many challenges for the people of Kazakhstan, and in addition to allocating funds, we also commit to continue our support, coordinating efforts with local authorities to restore damaged areas and provide the most necessary assistance to victims”, said Kanat Dosmukametov, Chief Operating Officer at Polymetal International plc and CEO at Polymetal Eurasia.

Polymetal's assets include Varvara and Komar in the Kostanay region and Kyzyl in the Abai region.

Within the presence regions, the Company annually allocates significant funds for the development and support of the local communities. Last year, the Company's social investments amounted to US$ 7.3 million.