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Attachment 3

LIST OF TRANSACTIONS MADE BY PAO TMK IN 2018 AND RECOGNIZED AS MAJOR TRANSACTIONS IN ACCORDANCE WITH THE FEDERAL LAW ON JOINT STOCK COMPANIES

No major transactions were made by PAO TMK in 2018.

LIST OF TRANSACTIONS MADE BY PAO TMK IN 2018 AND RECOGNIZED AS INTERESTED PARTY TRANSACTIONS IN ACCORDANCE WITH THE FEDERAL LAW ON JOINT STOCK COMPANIES

Parties to, and beneficiaries of, the transaction Subject matter and term of the transaction Transaction price, RUB Interested parties Governing body that approved/subsequently approved the transaction, date of resolution Transaction price, % of net asset value (NAV)
1 Surety – PAO TMK

Bank – Sberbank

Beneficiary – JSC Volzhsky Pipe Plant
Addendum to the surety agreement provided to secure performance of JSC Volzhsky Pipe Plant’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: until August 17, 2023 3,000,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
Board of Directors, February 12, 2018 Does not exceed 2% of NAV
2 Surety – PAO TMK

Bank – Sberbank

Beneficiary – PJSC TAGMET

Addendum to the surety agreement provided to secure performance of PJSC TAGMET’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: until August 17, 2023 3,000,000,000 Board of Directors, February 12, 2018 Does not exceed 2% of NAV
3 Surety – PAO TMK

Bank – Sberbank

Beneficiary – PJSC Seversky Pipe Plant

Addendum to the surety agreement provided to secure performance of PJSC Seversky Pipe Plant’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: until August 17, 2023 3,000,000,000 Board of Directors, February 12, 2018 Does not exceed 2% of NAV
4 Surety – PAO TMK

Lender – Gazprombank (Switzerland) Ltd

Beneficiary – TMK Gulf International Pipe Industry LLC

The Surety shall uphold, jointly with TMK Gulf International Pipe Industry LLC (Debtor I), the obligations assumed by Debtor I towards the Lender under the credit agreement between the Lender and Debtor I, according to which the Lender establishes an unconfirmed revolving credit facility for Debtor I
Transaction term: until December 31, 2023
860,745,541
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors.
  3. V. Shmatovich, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors.
Board of Directors, March 12, 2018 Does not exceed 2% of NAV
5 Surety – PAO TMK

Lender – Gazprombank (Switzerland) Ltd

Beneficiaries – TMK Global SA and TMK Middle East FZCO

The Surety shall uphold, jointly with TMK GLOBAL SA and TMK Middle East FZCO (jointly – Debtor II), the obligations assumed by Debtor II towards the Bank under the framework agreement on establishment of letters of credit between the Bank and Debtor II, according to which the Bank establishes an unconfirmed letter of credit facility for Debtor II
Transaction term: until December 31, 2023
Aggregate transaction limit for transactions 5 and 6: 5,940,027,204
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors.

Interested parties’ stakes in the authorized capital of PAO TMK:

ТМК STEEL HOLDINGS LIMITED – 65.0584%

A. Zimin – 0.000072%

Interested parties’ stakes in the authorized capital of the Lender and the Beneficiaries: 0%
Board of Directors, March 12, 2018 2.8% of NAV
6 Surety – PAO TMK

Lender – Gazprombank (Switzerland) Ltd

Beneficiaries – TMK Global SA and TMK Middle East FZCO

The Surety shall uphold, jointly with TMK Global SA and TMK Middle East FZCO (jointly – Debtor III), the obligations assumed by Debtor III towards Gazprombank (Switzerland) Ltd, Bank GPB (International) S.A. or any Lender that has become such under Loan Agreement II (Lenders), under the loan agreement between Gazprombank (Switzerland) Ltd (acting as Agent, Security Agent, and Original Lender), Bank GPB (International) S.A. (acting as Original Lender), and Debtor III, according to which the Lenders establish an unconfirmed revolving credit facility for Debtor III Transaction term: until December 31, 2023
7 Surety – PAO TMK

Debtor – JSC Volzhsky Pipe Plant

Surety fee contract for a surety issued under a bank guarantee agreement between the Debtor and Sberbank
Transaction term: until November 31, 2020
14,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Debtor’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Debtor’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
8 Debtor – PAO TMK

Surety – PJSC Seversky Pipe Plant

Surety fee contract for a surety issued under a loan agreement between the Debtor and JSC Gazprombank
Transaction term: June 30, 2021
12,828,225
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Surety’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Surety’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Surety’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Surety’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Surety’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
9 Debtor – PAO TMK

Surety – PJSC TAGMET

Surety fee contract for a surety issued under a loan agreement between the Debtor and JSC Gazprombank
Transaction term: June 30, 2021
12,828,225 Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
10 Debtor – PAO TMK

Surety – PJSC Sinarsky Pipe Plant

Surety fee contract for a surety issued under a loan agreement between the Debtor and JSC Gazprombank
Transaction term: June 30, 2021
12,828,225 Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
11 Surety – PAO TMK

Debtors – TMK Global SA and TMK Middle East FZCO

Surety fee contract for a surety issued to secure performance of the Debtors’ obligations under a loan agreement
Transaction term: until the obligations have been discharged in full
31,315,648
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
12 Guarantor – PAO TMK

Debtor – TMK Gulf International Pipe Industry LLC

Surety fee contract for the guarantee provided by the Guarantor to secure performance of the Debtor’s obligations under a loan agreement between the Debtor and Gazprombank (Switzerland) Ltd
Transaction term: until the obligations have been discharged in full
4,834,376
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors.
  3. V. Shmatovich, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
13 Surety – PJSC Seversky Pipe Plant

Debtor – PAO TMK

Surety fee contract for a surety issued under a loan agreement between the Debtor and JSC Gazprombank
Transaction term: until October 09, 2020
35,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Surety’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Surety’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Surety’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Surety’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Surety’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Surety’s Board of Directors and a member of the Management Board of the Surety’s management company.
Approval not required (does not exceed 0.1% of NAV Does not exceed 2% of NAV
14 Lender – PAO TMK

Borrower – TMK Gulf International Pipe Industry LLC

Loan
Maturity date – March 22, 2018
453,611,819
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Borrower’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors.
  3. V. Shmatovich, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors.
Pending approval Does not exceed 2% of NAV
15 Guarantor – PAO TMK

Beneficiary – RBI Leasing GmbH

Principal – Powerstream Holdings Limited

Mixed contract comprising an agreement between the Guarantor and the Beneficiary on the guarantee terms, and a guarantee issued by the Guarantor in favor of the Beneficiary at the Principal’s request
Transaction term: June 23, 2027
2,023,632,600
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Principal’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Principal’s Board of Directors.
Board of Directors,
April 19, 2018
Does not exceed 2% of NAV
16 Lender – PAO TMK
Borrower – ТМК Completions LTD.
Addendum to a loan agreement
Maturity date – October 24, 2018
91,084,879 PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Borrower’s controlling entity. Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
17 Lender – PAO TMK

Borrower – Powerstream Holdings Limited
Loan
Maturity date – August 11, 2023
63,437,755
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Borrower’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
18 Lender – PAO TMK

Borrower – JSC Sinara Group
Loan
Maturity date – April 01, 2019
157,378,767
  1. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Borrower’s Board of Directors.
  2. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Borrower’s Board of Directors.
  3. S. Papin, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
  4. A. Pumpyanskiy, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
  5. D. Pumpyanskiy, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
19 Surety – PAO TMK

Lender – Sberbank

Beneficiary – JSC Volzhsky Pipe Plant
Addendum to the surety agreement provided to secure performance of JSC Volzhsky Pipe Plant’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: August 17, 2020 5,000,000,000
  1. AO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
Interested parties’ stakes in the authorized capital of PAO TMK:

ТМК STEEL HOLDINGS LIMITED – 65.0584%

A. Shiryaev – 0.015%

A. Kaplunov – 0.0067%

T. Petrosyan – 0.0016%

V. Popkov – 0.001509% A. Zimin – 0.000072%

Interested parties’ stakes in the authorized capital of the Lender and the Beneficiary: 0%
Board of Directors, October 24, 2018 2.3% of NAV
20 Debtor – JSC Volzhsky Pipe Plant

Surety – PAO TMK
Addendum to the surety fee contract for a surety issued by PAO TMK under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit between JSC Volzhsky Pipe Plant and Sberbank
Transaction term: August 17, 2020
35,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Debtor’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Debtor’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
21 Surety – PAO TMK

Lender – Sberbank

Beneficiary – PJSC TAGMET
Addendum to the surety agreement provided to secure performance of PJSC TAGMET’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: August 17, 2020 5,000,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
Interested parties’ stakes in the authorized capital of PAO TMK:

ТМК STEEL HOLDINGS LIMITED – 65.0584%

A. Shiryaev – 0.015%

A. Kaplunov – 0.0067%

T. Petrosyan – 0.0016%

A. Zimin – 0.000072%

V. Popkov – 0.001509%

Interested parties’ stakes in the authorized capital of the Lender and the Beneficiary: 0%
Board of Directors, October 24, 2018 2,3% БСА
22 Debtor – PJSC TAGMET

Surety – PAO TMK
Addendum to the surety fee contract for a surety issued by PAO TMK under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit between PJSC TAGMET and Sberbank
Transaction term: August 17, 2020
35,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Debtor’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Debtor’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
23 Surety – PAO TMK

Lender – Sberbank

Beneficiary – PJSC Seversky Pipe Plant
Addendum to the surety agreement provided to secure performance of PJSC Seversky Pipe Plant’s obligations under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit Transaction term: August 17, 2020 5,000,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Beneficiary’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Beneficiary’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Beneficiary’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Beneficiary’s Board of Directors and a member of the Management Board of the Beneficiary’s management company.
Interested parties’ stakes in the authorized capital of PAO TMK:

ТМК STEEL HOLDINGS LIMITED – 65.0584%

A. Shiryaev – 0.015%

A. Kaplunov – 0.0067%

T. Petrosyan – 0.0016%

A. Zimin – 0.000072%

V. Popkov – 0.001509%

Interested parties’ stakes in the authorizedcapital of the Lender and the Beneficiary: 0%
Board of Directors, October 24, 2018 2.3% of NAV
24 Debtor – PJSC Seversky Pipe Plant

Surety – PAO TMK
Addendum to the surety fee contract for a surety issued by PAO TMK under the General Agreement on Establishment of a Revolving Limit for Financing Trade Operations through Uncovered Letters of Credit between PJSC Seversky Pipe Plant and Sberbank
Transaction term: August 17, 2020
35,000,000
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Debtor’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Debtor’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Debtor’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Debtor’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Debtor’s Board of Directors and a member of the Management Board of the Debtor’s management company.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
25 Guarantor – PAO TMK

Beneficiary – BANCA TRANSILVANIA S.A.

Principal – TMK-ARTROM S.A
Mixed contract comprising an agreement between the Guarantor and the Beneficiary on the guarantee terms, and a guarantee issued by the Guarantor in favor of the Beneficiary at the Principal’s request
Transaction term: June 29, 2020
1,523,182,320
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Principal’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Principal’s Board of Directors.
Board of Directors, October 25, 2018 Does not exceed 2% of NAV
26 Lender – PAO TMK

Borrower – JSC Volzhsky Pipe Plant
Loan
Maturity date – July 02, 2020
2,958,412,381
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Borrower’s controlling entity.
  2. A. Shiryaev, PAO TMK’s CEO and a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Borrower’s Board of Directors, as well as the CEO and a member of the Board of Directors and the Management Board of the Borrower’s management company.
  3. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Borrower’s Board of Directors, as well as a member of the Board of Directors and the Management Board of the Borrower’s management company.
  4. T. Petrosyan, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors and a member of the Management Board of the Borrower’s management company.
  5. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors and a member of the Management Board of the Borrower’s management company.
  6. V. Popkov, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors and a member of the Management Board of the Borrower’s management company.
Pending approval Does not exceed 2% of NAV
27 Lender – PAO TMK

Borrower – Powerstream

Holdings Limited
Loan
Maturity date – August 11, 2023
63,345,846
  1. PAO TMK’s controlling entity, TMK STEEL HOLDINGS LIMITED, is simultaneously the Borrower’s controlling entity.
  2. A. Zimin, a member of PAO TMK’s Management Board, is simultaneously a member of the Borrower’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
28 Lender – PAO TMK

Borrower – JSC Sinara Group
Loan
Maturity date – April 01, 2019
156,519,863
  1. A. Shiryaev, PAO TMK’s CEO, a member of the Board of Directors and the Management Board, is simultaneously a member of the Borrower’s Board of Directors.
  2. A. Kaplunov, a member of PAO TMK’s Board of Directors and Management Board, is simultaneously a member of the Borrower’s Board of Directors.
  3. S. Papin, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
  4. A. Pumpyanskiy, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
  5. D. Pumpyanskiy, a member of PAO TMK’s Board of Directors, is simultaneously a member of the Borrower’s Board of Directors.
Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
29 Lender – PAO TMK

Borrower – JSC Sinara Group
Loan
Maturity date – April 01, 2019
163,000,685 Approval not required (does not exceed 0.1% of NAV) Does not exceed 2% of NAV
Glossary