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EQS-News: PJSC Mechel: Mechel Reports the 1Q 2021 Financial Results PJSC Mechel: Mechel Reports the 1Q 2021 Financial Results 20.05.2021 / 12:30 MSK MECHEL REPORTS THE 1Q 2021 FINANCIAL RESULTS Consolidated revenue - 76.0 bln rubles (+13% compared to 1Q 2020) EBITDA[ ] - 18.2 bln rubles (+39% compared to 1Q 2020) Profit attributable to equity shareholders of Mechel PAO - 7.9 bln rubles Moscow, Russia - May 20, 2021 - Mechel PAO (MOEX: MTLR, NYSE: MTL), a leading Russian mining and steel group, announces financial results for the 1Q 2021. Mechel PAO s Chief Executive Officer Oleg Korzhov commented: The Group s consolidated revenue in 1Q2021 was 76.0 billion rubles, which is 10% more than in the previous quarter. EBITDA reached 18.2 billion rubles, demonstrating an 88% growth quarter-on-quarter.

Chelyabinskaya oblastUnited statesAndrey ponomarevAlexey lukashovNelli galeevaOleg korzhovDenis grafIgor khafizovExchange commissionInternational financial reporting standardsForeign exchangeMechel steel management companyNews serviceDistribution servicesQuarter resultsMechel reports