Shareholders of Public Joint Stock Company Mining and Metallurgical Company Norilsk Nickel held the annual general meeting in absentia on May 13, 2020. The AGM approved the final dividend for the financial year 2019 in the amount of RUB 557.2 per ordinary share (approximately USD 7.3 at the RUB/USD exchange rate set by the Russian Central Bank as of April 7, 2020, the date when the board of directors made a recommendation on the final dividend). The final dividend will amount to a total of RUB 88.2 billion (approximately USD 1.2 billion at the RUB/USD exchange rate set by the Russian Central Bank as of April 7, 2020). The total dividend distribution for the financial year 2019 will amount to USD 4.8 billion, including the interim dividends for six and nine months of 2019 which have been already paid to shareholders (for a total amount of approximately USD 3.6 billion). The dividend record date has been set on 25 May 2020.

The company annual shareholders also approved the election of Nikolay Abramov as board of director.