EVRAZ plc announces a consent solicitation for holders of its outstanding $750,000,000, 5.375% notes due 2023 to consider and, if thought fit, pass extraordinary resolutions in order to approve the appointment of Limited liability company ôLegal Capital Investor Servicesö to replace and succeed BNY Mellon Corporate Trustee Services Limited as Trustee (Trustee) under the Trust Deed (Appointment) and proposed amendments to the Trust Deed and the terms and conditions governing the Notes as further detailed in the Consent Solicitation Memorandum. The Consent Solicitation shall take place on the terms and subject to the conditions in the consent solicitation memorandum prepared by the Issuer dated 15 November 2022 (Consent Solicitation Memorandum). The Consent Solicitation begins on the date of the Consent Solicitation Memorandum.

The Consent Deadline for submitting Consent Instructions in respect of the Consent Solicitation is on 5 December 2022 (as may be extended) by the Issuer). Furthermore, the Issuer has convened the Meeting to take place on 7 December 2022, subject to the IssuerÆs ability to adjourn such meeting to a later date in accordance with the Trust Deed for purposes of enabling the Noteholders to consider each of the Appointment and the Amendments and, if thought fit, pass the Extraordinary Resolutions.