REG-PJSC PhosAgro: PhosAgro EGM Approves Dividends

PhosAgro PAOAnnouncement

06/07/2018 15:35

For Immediate Release   6 July 2018 

PhosAgro EGM Approves Dividends

Moscow – PhosAgro (“the Company”, Moscow Exchange, LSE: PHOR), one of
the world’s leading vertically-integrated phosphate-based fertilizer
producers, announces that the Extraordinary General Meeting of Shareholders
(“EGM”) today has approved a decision to pay a dividend of RUB 3.11
billion, or RUB 24 per ordinary share (RUB 8 per Global Depositary Receipt),
from the Company’s retained earnings as of 31 December 2017. The record date
for shareholders eligible to receive dividends was set as 23 July 2018.

PhosAgro CEO Andrey Guryev said: “We have been paying dividends at the top
end of the payout range established by PhosAgro’s dividend policy on a
quarterly basis for several years. We aim to maintain this approach in the
years ahead, while in parallel achieving impressive production results,
investing in the Company’s development and implementing social and
charitable programmes.”

The EGM also approved a number of related party transactions.

For further information please contact: 

PJSC PhosAgro
Alexander Seleznev, Head of Investor Relations
ir@phosagro.ru
+7 495 232 96 89 ex 21 87

Timur Belov, Press Officer
Anastacia Basos, Deputy Press Secretary
+7 495 232 9689

EM
Sam VanDerlip
vanderlip@em-comms.com
+44 7554 993 032
+7 499 918 3134

Notes to Editors

PhosAgro (www.phosagro.ru) is one of the world’s leading vertically
integrated phosphate-based fertilizer producers in terms of production volumes
of phosphate-based fertilizers and high-grade phosphate rock with a P(2)O(5)
content of not less than 39% (according to IFA, Fertecon and CRU).

The Company is the largest phosphate-based fertilizer producer in Europe, the
largest producer of high-grade phosphate rock worldwide and one of the top
three MAP/DAP producers in the world, according to IFA. PhosAgro is also one
of the leading producers of feed phosphates (MCP) in Europe, and the only
producer in Russia (according to CRU and the RFPA). PhosAgro is the only
producer of nepheline concentrate in Russia (according to the RFPA).

PhosAgro’s main products include phosphate rock, 39 grades of fertilizers,
feed phosphates, ammonia, and sodium tripolyphosphate, which are used by
customers in 100 countries spanning all of the world’s inhabited continents.
The Company’s priority markets outside of Russia and the CIS are Latin
America, Europe and Asia.

PhosAgro’s shares are traded on the Moscow Exchange, and global depositary
receipts (“GDRs”) for shares trade on the London Stock Exchange (under the
ticker PHOR). Since 1 June 2016, the Company’s GDRs have been included in
the MSCI Russia and MSCI Emerging Markets indexes.



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