RUSAL: SUAL Partners Trims Voting Rights from 25.52% to 22.53%

Bulletin Express07-08

United Company RUSAL, international public joint-stock company (RUSAL), disclosed that SUAL Partners LLC has lowered its directly held voting power in the aluminium producer from 25.52% to 22.53% of total votes.

The change stems from a reduction in SUAL Partners’ equity participation, effective 22 June 2026. Prior to the transaction, SUAL Partners controlled 3.88 billion votes, equal to 25.52% of RUSAL’s voting share capital. Post-transaction, its holding stands at 3.42 billion votes, or 22.53%, representing a decrease of 454.95 million votes and a 2.99 percentage-point drop in voting influence.

RUSAL was formally notified of the change on 7 July 2026 and published the information on 8 July 2026 in accordance with Hong Kong Stock Exchange Rule 13.10B and Moscow Exchange disclosure requirements. The termination concerns SUAL Partners’ independent right to dispose of the specified votes; no joint-disposition arrangements with other entities were reported.

RUSAL, incorporated in Jersey and redomiciled in the Russian Federation, remains listed in Hong Kong (Stock Code: 00486) and on the Moscow and St. Petersburg exchanges (Ticker: RUAL). The company’s board currently comprises three executive, three non-executive and eight independent non-executive directors, with Bernard Zonneveld serving as chairman.

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