Decarbonisation Pathway

EVRAZ CO2 REDUCTION INITIATIVES UNDER REVIEW

Green energyPurchased energyProduction volumeschangeEAF/DRITotal productionTechnologicalupgradeGreen energyOwn generation and purchasedAdditional initiativesCCUSResidual emissionsCO2intensity in 2030CO2intensityEVRAZ’s intensity ration was calculated for steel assets.ⓘ1tCO2/t CSINITIATIVES IN PROGRESSFUTHERDECARBONISATION POTENTIAL1.94Base year (2019) results were recalculated due to the updated values of global warming potentials from the IPCC's Fifth Assessment Report and Russia's new Scope 2 emission factors (see the "Climate change and GHG emissions" section). In addition, the quality of primary data gathering in the Company has improved, which resulted in the decrease of base year GHG intensity to 1.94 tCO2e/tcs vs. previously reported 1.97 tCO2e/tcs. The goal (-20%) was recalculated accordingly and reduced to 1.55 tCO2e/tcs vs previously indicated 1.58 tCO2e/tcs.ⓘ2tCO2/t CS1.55Base year (2019) results were recalculated due to the updated values of global warming potentials from the IPCC's Fifth Assessment Report and Russia's new Scope 2 emission factors (see the "Climate change and GHG emissions" section). In addition, the quality of primary data gathering in the Company has improved, which resulted in the decrease of base year GHG intensity to 1.94 tCO2e/tcs vs. previously reported 1.97 tCO2e/tcs. The goal (-20%) was recalculated accordingly and reduced to 1.55 tCO2e/tcs vs previously indicated 1.58 tCO2e/tcs.ⓘ3tCO2/t CS0.42tCO2/t CSEnergy efficiencyto be identified

1 EVRAZ’s intensity ration was calculated for steel assets.

2 Base year (2019) results were recalculated due to the updated values of global warming potentials from the IPCC's Fifth Assessment Report and Russia's new Scope 2 emission factors (see the "Climate change and GHG emissions" section). In addition, the quality of primary data gathering in the Company has improved, which resulted in the decrease of base year GHG intensity to 1.94 tCO2e/tcs vs. previously reported 1.97 tCO2e/tcs. The goal (-20%) was recalculated accordingly and reduced to 1.55 tCO2e/tcs vs previously indicated 1.58 tCO2e/tcs.

3 Base year (2019) results were recalculated due to the updated values of global warming potentials from the IPCC's Fifth Assessment Report and Russia's new Scope 2 emission factors (see the "Climate change and GHG emissions" section). In addition, the quality of primary data gathering in the Company has improved, which resulted in the decrease of base year GHG intensity to 1.94 tCO2e/tcs vs. previously reported 1.97 tCO2e/tcs. The goal (-20%) was recalculated accordingly and reduced to 1.55 tCO2e/tcs vs previously indicated 1.58 tCO2e/tcs.