Corporate responsible supply chain documents

In 2021, the Board of Directors approved the corporate documents describing the key principles of responsible supply chain management:

• PJSC MMC Norilsk Nickel’s Responsible Sourcing Policy, setting out Nornickel’s approach to environmental, social, and corporate governance aspects throughout its supply chain;
• PJSC MMC Norilsk Nickel’s Supplier Code of Conduct, outlining the Company’s approach to ensuring that its suppliers adhere to ethical sustainability principles.

The Policy is aimed at ensuring that suppliers meet the Company’s sustainability criteria. It sets out Nornickel’s responsible supply chain management principles applicable to both the Group and its suppliers.

The Code outlines the requirements and expectations for suppliers to conduct their activities in line with the Company’s sustainability principles. As part of responsible supply chain management, Nornickel conducts supplier due diligence and assesses their compliance with the requirements of the Code. If a supplier fails to fully meet certain Code requirements, Nornickel identifies risks in the supply chainFor a detailed description of risks, please see Subsection 1.2 (Identification and Assessment of Mineral Supply Chain Risks).. If the level of risk is not reduced following corrective actions, the relationship with the supplier may be reconsidered.

The Policy and the Code were communicated to stakeholders and published in Russian and English on the Company website.