Company Announcements

En+ Group Publishes Sustainability Report 

18 September 2019 - EN+ GROUP IPJSC (the "Company", "the Group" or "En+ Group") (LSE: ENPL; MOEX: ENPL), a leading international vertically- integrated aluminium and power producer, today announces that its Sustainability Report for the year ended 31 December 2018 is available on the Company's website at https://www.enplusgroup.com/en/investors/results-and-disclosure/.

This is the Company's first Sustainability Report since listing on the London Stock Exchange and demonstrates En+ Group's commitment to continuously enhancing its environmental, social and governance ("ESG") performance, as well as supporting an industry-wide shift towards a low-carbon global economy. The Sustainability Report covers En+ Group's 2018 achievements and highlights certain areas for improvement.

The report, which has been prepared in accordance with the Global Reporting Initiative Sustainability Reporting Standards, aims to provide transparency and includes in-depth disclosure of non-financial information pertaining to material ESG issues.

Lord Barker, Executive Chairman of En+ Group, said:

"I am proud to present En+ Group's first Sustainability Report following a year of transformation. Today we are positioned to lead the global aluminium industry towards a more sustainable future as the world's largest producer of low carbon aluminium - a material central to the low carbon economy of the future. We have set unprecedented new standards of corporate governance and transparency, both in terms of financial disclosure and in reporting on the performance of our environmental and social programmes, which is critical to our sustainable business model. We employ over 98,000 people across five continents, encompassing diverse cultures and ecosystems, which means we have a significant social and environmental responsibility, and we are focused on ensuring we give back.

This first report sets out our key ESG programmes, measures our performance and also looks to the future. We will be setting new and ambitious targets for the coming years, and I look forward to updating stakeholders on our continued progress."

Vladimir Kiriukhin, CEO of En+ Group, said:

"2018 was another year of significant progress for the Group in meeting its sustainability objectives. Despite unprecedented headwinds, the Group has made further strides on our environmental and social programmes - we have further reduced our GHG emissions, we have increased the efficiency of our energy business, and we have continued to drive our environmental innovation projects. We have reported progress on our far-reaching community programmes and continue to drive the highest standards of health and safety throughout our operations. Lake Baikal is a major focus of our environmental work and we are working towards a multi-stakeholder strategy that will address the human impact on this UNESCO world heritage site. None of these results would be possible without the dedication of our teams across the world, and their ongoing work with our global stakeholders."

The report covers activities undertaken from 1 January 2018 to 31 December 2018, together with some key activities conducted during 2019.

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About EN+ GROUP IPJSC

En+ Group is the world's leading international vertically integrated aluminium and power producer. The Company combines power plants with a total installed capacity of 19.6 GW (including 15.1 GW of hydro power assets), and 3.9 mt of annual aluminium production capacity (through a controlling stake in RUSAL, the world's largest aluminium producer ex-China in 2018) which is the major consumer of En+ Group's hydroelectricity. En+ Group reported consolidated revenue of USD 12.4 bln for 2018.

This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.