Polymetal International : Financial assistance in relation with the flooding in Kazakhstan

NEWS RELEASE

Release time	IMMEDIATE	AIX, MOEX: POLY
Date	23 April 2024

Polymetal International plc

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.

Enquiries

Investor Relations	Media
Evgeny Monakhov	Yerkin Uderbay
[phone] (UK)	[phone] (Kazakhstan)
	[e-mail]
Kirill Kuznetsov
Alikhan Bissengali
[phone] (Kazakhstan)
[e-mail]

FORWARD-LOOKING STATEMENTS

This release may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward- looking terminology, including the words "targets", "believes", "expects", "aims", "intends", "will", "may", "anticipates", "would", "could" or "should" or similar expressions or, in each case their negative or other variations or by discussion of strategies , plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company's control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company's present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company's actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

Polymetal International plc

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