New head of NLMK will be Sergey Karataeva from PGK

NLMK's Board of Directors recommended that shareholders at an extraordinary meeting elect Sergey Karatayev, who previously headed First Freight Company, to the position of Group President. Extraordinary shareholders' meeting will be held on January 6, 2024. Election of a new CEO is a planned event within the framework of rotation associated with the completion of the company's next strategic cycle.