RNS Number : 9581M
PAO Novatek
24 September 2021





NOVATEK Announcement on Court Hearings Regarding Deputy Chairman of the Management Board Mark Gyetvay    

Moscow, 24 September 2021. In respect of court hearings regarding Deputy Chairman of PAO NOVATEK ("NOVATEK" and/or the "Company") Management Board Mark Gyetvay, NOVATEK would like to make the following statement.

As far as we know from US law enforcement reports, currently Mark Gyetvay is in the process of court hearing in the US regarding alleged personal tax evasion. The Company is not involved in the litigation and does not have any details of the court hearings. NOVATEK monitors the situation and will give all necessary support.

For many years, Mark Gyetvay is the main representative of NOVATEK for professional and investment community, making invaluable contribution to NOVATEK success. In 2014, Mark Gyetvay left the Board of Directors of NOVATEK and Chief Financial Officer's position, and according to the internal NOVATEK's order, subsequently was not involved in financial activities of the Company, including attracting financing.

The situation has absolutely no effect on NOVATEK's operational and financial activities.



For further information, please visit www.novatek.ru or contact:

Press Service
+7 (495) 721 2207

Investor Relations
+7 (495) 730 6013


PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company's subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 15% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.