Krasnodar, Russia (March 4, 2020): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia’s leading retailers, announces the commencing date of the exchange-traded bonds placement.

Parameters of the bonds placement:

Type of securities:	Non-convertible interest-bearing uncertified exchange-traded bonds of PJSC Magnit of the BO-002P-01 series with centralized accounting of rights, placed under the Program of the exchange-traded bonds of 002P series with the identification number of 4-60525-P-002P-02E as of 27.07.2016 (hereinafter — the Exchange-traded bonds)
Maturity date:	1092 (One thousand ninety second) day from the commencing date of the Exchange-traded bonds placement
Identification number of the Program of the Exchange-traded bonds of the 002P series:	4-60525-P-002P-02E of 27.07.2016
Amount of securities to be placed:	15,000,000 bonds
Nominal value:	1,000 rubles each
Placement method:	open subscription
Pre-emptive right:	not provided
Placement commencing date:	March 5, 2020

The price of the securities placement or the procedure of its determination:

The price of the exchange-traded bonds placement is specified in the Document which contains the terms of the securities placement.

The commencing date of the securities placement:

The commencing date of the Exchange-traded bonds placement: March 5, 2020.

The commencing date of the Exchange-traded bonds placement may be changed by the decision of the sole executive body of the Issuer subject to the requirements for the procedure of the disclosure of information on the change of the commencing date of the Exchange-traded bonds placement, established in accordance with the legislation of the Russian Federation, the Bonds Program and the Prospectus.

If the Issuer adopts the decision to change the commencing date of the Exchange-traded bonds placement disclosed pursuant to the procedure specified above, the Issuer shall publish the report on change of the commencing date of the Exchange-traded bonds placement in the newswire and on the webpage on the Internet in accordance with the regulatory enactments related to financial markets not later than 1 (One) day prior to the corresponding date.

The completion date of the securities placement or the procedure of its determination:

Information on the completion date is specified in the Document which contains the terms of the exchange-traded bonds placement.

The decision was made by the Issuer’s sole executive body (Chief Executive Officer) on March 3, 2020 (Decision w/o No. of March 3, 2020).

Magnit announces the commencing date of the exchange-traded bonds placement