Shareholder relations

Nornickel maintains an active dialogue with a wide universe of Russian and international investors and security analysts. The Company holds regular conference calls and meetings with investors, participates in investment conferences, and organises site visits to the Company’s production facilities.

In 2023, the Company remained committed to global best practice for disclosure, using an array of disclosure tools, including press releases, presentations, annual and sustainability reports, corporate action notices, as well as interactive tools. Nornickel provides disclosure both in Russian and in English. Materials for investors are available in the Investors section of the Company website.

The number of retail investors in the reporting period exceeded 400 thousand, accounting for about 11% in Nornickel’s shareholding structure. Growing the number of retail investors and their share in the Company’s authorised capital to 25% remains a strategic priority.

In 2023, Nornickel continued to actively deliver on its retail investor strategy:

  • Nornickel’s presence on retail investor social networks: promoting accounts on professional platforms Pulse, Profit and Smart‑Lab to engage with market participants. Nornickel’s blog is among the top 10 most visited account profiles across all platforms
  • Leveraging information channels: participating in webinars, podcasts, video conferences with brokers, live broadcasts with bloggers, and conferences in Telegram channels
  • Creating educational content: publishing analytical reports in Russian on the non‑ferrous metals market (metals market review) and participating in the Let’s Go Figure It Out travel project to explain the inner workings of major companies
  • Participating in dedicated conferences for retail investors: Smart‑Lab annual conference, Tinkoff House within the St Petersburg International Economic Forum, Association of Retail Investors, and ATON industry conferences
  • Engaging prime customers in the private and premium banking segments: holding meetings with prime customers of major Russian banks

In August 2023, Nornickel supported the first youth forum on financial literacy, Healthy Finance in Bobrovy Log: Invest Smartly.

The forum’s objective is to give young people essential knowledge about the basics of investing in a fun way and to demonstrate that a competent and balanced approach can make investments a reliable source of income. Experts, analysts, and bloggers spoke to school graduates and university students about financial literacy and shared useful tips on how to manage personal funds and investments. More than 300 people attended the event, and about 6,000 people watched the online broadcast of the forum.