Krasnodar, Russia (December 5, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC “Magnit”.

On November 17, 2017 Dodge & Cox (555 California Street, 40^th floor, San Francisco, California, 94104, USA, Principal State Registration Number C0368317; Taxpayer Identification Number: 94-1441976) acquired certain number of voting right shares in the charter capital of PJSC “Magnit”.

Type of stock power: indirect power.

Legal entities controlled by such entity through which such entity acquired the right to indirectly dispose certain number of votes attached to voting shares (stakes) that constitute the charter capital of the issuer:

Full company name: Dodge & Cox International Stock Fund;

Address: c/o Dodge & Cox, 555 California Street, 40^th floor, San Francisco, CA, 94104, USA;

Principal State Registration Number: 2859038;

Taxpayer Identification Number: 94-3390852.

Full company name: Dodge & Cox Global Stock Fund;

Address: c/o Dodge & Cox, 555 California Street, 40^th floor, San Francisco, CA, 94104, USA;

Principal State Registration Number: 2859038;

Taxpayer Identification Number: 26-2099183.

Full company name: Dodge & Cox Worldwide Funds plc — International Stock Fund;

Address: 78 Sir John Rogerson´s Quay, Dublin 2, Ireland;

Principal State Registration Number: 475691;

Taxpayer Identification Number: 9725957P.

Full company name: Dodge & Cox Worldwide Funds plc — Global Stock Fund;

Address: 78 Sir John Rogerson´s Quay, Dublin 2, Ireland;

Principal State Registration Number: 475691;

Taxpayer Identification Number: 9725957P.

Full company name: Johnson & Johnson Pension and Saving Plan;

Address: One Johnson and Johnson Plaza, New Brunswick, NJ 08933, USA;

Principal State Registration Number: 5106301000;

Taxpayer Identification Number: 22-1024240.

Attribute of stock power: sole power.

The basis of the stock power: trust management agreement.

Number of shares and % in the charter capital before the basis of the stock power: 4,329,385 shares (4.58%). Number of shares and % in the charter capital after the basis of the stock power: 6,610,285 shares (6.99%).

PJSC “Magnit” announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC “Magnit”