Evraz Plc EVRAZ holds Capital Markets Day (8608R)

TIDMEVR

RNS Number : 8608R

Evraz Plc

10 November 2021

EVRAZ holds Capital Markets Day

10 November 2021 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces that it will be hosting its Capital Markets Day at 11:00 am Moscow time (8:00 am UK time) today.

The Capital Markets Day will feature the presentation by EVRAZ executives, including Sir Michael Peat (Senior Independent Non-Executive Director), Aleksey Ivanov (CEO), Ilya Shirokobrod (Vice-President, Sales and Logistics) and Nikolay Ivanov (CFO).

The presentation will provide the status of the Potential Demerger of coal assets, an update on ESG targets and initiatives and steel business` growth strategy overview.

For 2021-26 period, EVRAZ is considering several key investment projects with the target to secure EBITDA growth in the amount of c.US$630 million.

The Company is expecting the effect on EBITDA from the Steel segment's sales strategy execution to amount to c.US$300 million (partially included into the above mentioned figure) in 2026.

Average annual capital expenditures are expected to be around US$1.0 billion per annum in 2021-2026, including plans to invest around US$200 million in the environmental projects in 2022-2025.

Webcast and presentation:

A live webcast of the presentation will begin at 11:00 am Moscow time (8:00 am UK time) and will be available at the following link:

https://evraz.comdi.com/watch/efxbbeg0?lang=en

To ask a question during the live event please:

-- For the written question - 1) enter your name using "log in", 2) type your question in "Comments", 3) press "Send"

-- For the audio question - 1) enter your name using "log in", 2) type the word "Audio" in "Comments", 3) press "Send", 4) you will receive a link in the chat to connect with the live stream

The presentation will be also available on the Company's website:

https://www.evraz.com/en/investors/presentations/

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November 10, 2021 02:00 ET (07:00 GMT)