TMK management will agree on a dividend recommendation for 2023 in April, said Igor Baryshnikov, TMK's Director for Strategy and Capital Markets. TMK's dividend policy provides for distribution of at least 25% of IFRS net profit for dividends if Net Debt / Scorr. EBITDA is below 5.5x. Profit for 2023 amounted to ₽39.4 billion, Adjusted EBITDA - ₽130.1 billion. Net Debt/Score EBITDA ratio is 1.9x.