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SUEK AG reports change of ownership

Zug, Switzerland, 7 March 2024 - SUEK AG, a commodity trading company, has faced a change of its ownership structure.

On 13 February 2024, SUEK Assets Holding AG sold 100% of shares of SUEK AG, effectively ending its ownership of this company, to EuroChem Group AG. This acquisition was approved by all relevant authorities, parties and corporate bodies during the period from December 2023 to January 2024. As a result, SUEK AG ceased to be part of the SUEK Group on 13 February 2024 and is no longer an indirect subsidiary of JSC SUEK.