Krasnodar, Russia (December 27, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the acquisition by Mr. Sergey Galitskiy of the right to dispose a certain number of votes accounted for voting shares (stakes) in the charter capital of PJSC “Magnit”.

On December 27, 2017 Mr. Galitskiy Sergey N. acquired the right to dispose a certain number of votes accounted for voting shares (stakes) in the charter capital of PJSC “Magnit”.

Type of stock power: indirect power.

Entities controlled by Galitskiy Sergey N. through which he has the right to indirectly dispose a certain number of votes accounted for voting shares (stakes) in the charter capital of PJSC “Magnit”:

Full company name: Lavreno Limited;
Company address: Spyrou Kyprianou 20, Chapo Central, 3’ floor, 1075, Nicosia, Cyprus;
Full company name: Closed Joint-Stock Company “Obyedinyonniy kapital”;
Company address: Russia. Krasnodar krai, Krasnodar, 491 Severnaya Street;
Primary State Registration Number: 1062310012710;
Individual Taxpayer Number 2310113079.
Full company name: “Magnit” Joint-Stock Non-Government Pension Fund;
Company address: Russia, Krasnodar krai, Krasnodar, 95 Moskovskaya Street, letter B, office 1;
Primary State Registration Number: 1142300003086;
Individual Taxpayer Number: 2311178583.

Attribute of stock power: sole power.

The basis of the stock power: acquisition of the share in the issuer.

Number of shares and % in the charter capital before the basis of the stock power: 26,459,296 shares (27.981088%).

Number of shares and % in the charter capital after the basis of the stock power:

Number and percentage of votes based on the number of placed shares as reflected in the current version of the Charter of PJSC “Magnit”: 32,760,132 shares (34.6443%).

Number and percentage of votes based on the number of shares actually placed in the course of additional share issue of PJSC “Magnit” which is known to the entity submitted the notification of the right to dispose a certain number of votes of the issuer as of the submission date of the respective notification: 32,760,132 shares (32.4801%).

PJSC “Magnit” announces the acquisition by Sergey Galitskiy of the right to dispose a certain number of votes accounted for voting shares (stakes) in the charter capital of PJSC “Magnit”