Polymetal: Results of Audit Tender

Polymetal International plc (POLY)
Polymetal: Results of Audit Tender

15-May-2019 / 09:00 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Release time	IMMEDIATEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â LSE, MOEX, AIX: POLY / ADR: AUCOY
Date	15 May 2019

Polymetal International plc

Results of Audit Tender

Polymetal announces that following a competitive tender process under the supervision of the Audit and Risk Committee, the Board has decided to retain Deloitte LLP as the Group's auditor. This appointment will be recommended to shareholders for approval at the Annual General Meeting to be held in 2020.

The tender process has been held in compliance with the Competition and Markets Authority regulations, applicable EU requirements and Financial Reporting Council guidance. Following the Audit and Risk Committee's recommendation, the Board will propose the re-appointment of Deloitte LLP as external auditors for the year commencing 1 January 2020 at the Company's 2020 Annual General Meeting. Deloitte LLP has been auditor of the Company since 2011 and will be subject to mandatory rotation in 2029.

Giacomo Baizini, Chair of the Audit and Risk Committee, said:

"We have conducted a robust and thorough process which has led to the Committee's recommendation to retain Deloitte LLP as the Group's auditor. We would like to thank everyone who took part in the tender and look forward to continuing to work with Deloitte".

About Polymetal Â

Polymetal International plc (LSE, MOEX, AIX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is a top-20 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield.

Enquiries

Media	Â	Investor Relations
FTI Consulting Leonid Fink Viktor Pomichal	+44 20 3727 1000	Polymetal Eugenia Onuschenko Timofey Kulakov Michael VasilievÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â	ir@polymetalinternational.com +44 20 7016 9505 (UK) Â +7 812 334 3666 (Russia)
Joint Corporate Brokers		Â
Morgan Stanley Andrew Foster Richard Brown Panmure Gordon Charles Lesser James Stearns	+44 20 7425 8000 Â Â Â +44 20 7886 2500	RBC Europe Limited Marcus Jackson Jamil Miah	+44 20 7653 4000

FORWARD-LOOKING STATEMENTS

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