APPROVED
by the Board of Directors of PAO TMK March 11, 2021 (Minutes No. 21 of March 12, 2021)

TMK is the largest steel pipe manufacturer in Russia and counts as one of the world’s leading pipe producers. The Company operates over 15 production assets in Russia, Romania and Kazakhstan with an annual combined capacity of 5 million tonnes of pipe.

In November 2020, TMK’s Board of Directors approved the revised TMK Group Strategy to 2027, with strategic goals and priorities adapted to the new business environment and challenges of today’s global economy.

In a difficult year 2020, TMK proved to be adequately prepared to cope with such challenges and hardships, relying on its modern corporate governance system and embedding the latest digital technologies in its corporate governance practices and business processes.

TMK Group operates in compliance with generally accepted standards of business conduct and is guided by the principles of social responsibility and sustainable development.

Approved
by CEO of PAO TMK
on April 27, 2021