The Board of Directors of PJSC Polyus has proposed a dividend payment for the first half of 2025, recommending shareholders approve a payout of RUB70.85 per ordinary share. The decision was made on August 27, 2025.
According to the company, this proposed dividend aligns with Polyus’ dividend policy, representing 30% of the company’s EBITDA based on the current number of outstanding shares, excluding those held by subsidiaries.
The Board has also suggested that October 13, 2025 be set as the record date for shareholders entitled to receive these dividends.
Both the recommended dividend amount and record date require approval at an Extraordinary General Shareholders’ Meeting. This meeting will be conducted via absentee voting, with September 30, 2025 as the deadline for submitting ballots.
Polyus is one of the world’s largest gold producers and holds significant gold reserves. Its main operations are in Siberia and the Russian Far East, including regions such as Krasnoyarsk Territory, Irkutsk and Magadan regions, and the Republic of Sakha (Yakutia). The company reports having among the lowest production costs compared to major global gold producers.
A statement from Polyus notes: “This announcement may contain ‘forward-looking statements’ concerning Polyus and/or Polyus group. Generally, the words ‘will’, ‘may’, ‘should’,‘could’, ‘would’, ‘can’,‘continue’, ‘opportunity’, ‘believes’,‘expects’, ‘intends’, ‘anticipates’,‘estimates’ or similar expressions identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the corresponding forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are difficult to predict accurately and which are beyond the control of Polyus/or Polyus group. Therefore, undue reliance should not be placed on such statements, which speak only to the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.”
