TMK GROUP’S ASSET STRUCTURE AND GEOGRAPHY

As at December 31, 2020, TMK Group comprised its RussianThe Russian division represents the results of operations and financial position of plants located in the Russian Federation, a finishing facility in Kazakhstan, oilfield service companies in Russia and traders located in Russia, the UAE, the USA and Switzerland. and EuropeanThe European division represents the results of operations and financial position of plants located in Romania and traders located in Italy and Germany. divisions represented by more than 15 production assets located in Russia, Romania and Kazakhstan, two R&D centers in Russia, as well as trading companies in Russia, Europe, the USA and the UAE, etc.

In 2020, TMK:

• acquired LLC Parus metallurgical company (renamed to LLC TMK — Yartsevsky Metzavod)
• acquired a 100% interest in LLC Truby 2000. Completing this transaction, TMK also acquired a controlling stake in OJSC Rakityansky Armaturny Zavod and OJSC Gus-Khrustalny Remontno-Tekhnicheskoe Predpriyatie controlled by LLC Truby 2000
• increased its stake in the authorized capital of JSC Uralchermet to 75%.