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SCF Group announces upcoming Capital Markets Day

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PAO Sovcomflot (SCF Group), a global leader in marine energy transportation services, announces its upcoming Capital Markets Day on 7 October 2021.

Sovcomflot will be represented by President & Chief Executive Officer Igor Tonkovidov, Executive Vice President & Chief Operating Officer Sergey Popravko, Executive Vice President & Chief Financial Officer Nikolay Kolesnikov, Vice President & Chief Strategy Officer Vladimir Emelianov and Managing Director of Sovcomflot (UK) Callum Ludgate.

Sovcomflot‘s management team will be hosting a Capital Markets Day in an all-virtual format comprising a presentation via a webcast followed by a Q&A session. Webcast will be available at http://деньинвестора.рф starting from 4:00 PM (Moscow) / 2:00 PM (London) / 9:00 AM (New York). After the webcast concludes, a replay will be available in IR section of SCF web site: http://scf-group.ru/en/investors

Investor Relations: ir@scf-group.ru

Media Relations: pr@scf-group.ru

PAO Sovcomflot (MOEX:FLOT) is one of the world's leading energy shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as the servicing of offshore oil and gas production. As of the date of this release, the Group’s fleet comprises 136 vessels with a total deadweight of over 11.7 million tonnes, including vessels owned through joint ventures. More than 80 vessels have an ice class.

SCF is involved in servicing large oil and gas projects in Russia and around the world: Sakhalin-1; Sakhalin-2; Varandey; Prirazlomnoye; Novy Port; Yamal LNG, and Tangguh (Indonesia). The Group is headquartered in St. Petersburg, with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai.

The press release (the “Materials”) of PAO Sovcomflot (the “Company”) have been prepared solely for information purposes and are not intended for potential investors and do not constitute or form part of, and should not be construed as an offer or the solicitation of an offer to subscribe for or purchase securities of the Company, and nothing contained therein shall form the basis of or be relied on in connection with any contract or commitment whatsoever nor do they constitute a recommendation regarding such securities. The Materials are not intended to provide, and should not be relied upon for, accounting, legal or tax advice. No reliance may be placed for any purposes whatsoever on the information contained in the Materials or on its completeness. Details included in the Materials are subject to updating, revision, further verification and amendment. The Company is not under any obligation to update or keep current the information contained in the Materials.

Certain statements in the Materials may constitute forward-looking statements. Any statements that address expectations or projections about the future, including statements about operating performance, market position, industry trends, general economic conditions, expected expenditures and financial results, are forward-looking statements. Forward-looking statements may be identified by words like “expects”, “anticipates”, “plans”, “intends”, “projects”, “indicates” and similar expressions. Any statements contained herein that are not statements of historical fact are forward-looking statements. Such statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Accordingly, actual results or the performance of the Company or its subsidiaries may differ significantly, positively or negatively, from forward-looking statements made herein.

The Materials contain certain non-IFRS financial measures. These measures have been calculated using the financial information of the Company group but are not defined or detailed in the applicable financial information framework or under IFRS. Information needed to reconcile such non-IFRS financial measures to the most directly comparable measures under the IFRS can be found in the Company’s Presentation on the same matter, which is posted on Company’s web site. The Company uses these measures when planning, monitoring and evaluating its performance. The Company considers these measures to be useful metrics for management and investors to facilitate operating performance comparisons from period to period. Whilst the Company believes these measures are useful in evaluating its business, this information should be considered as supplemental in nature and is not meant as a substitute for IFRS measures.