Krasnodar, Russia (25 March, 2019): Magnit PJSC (MOEX and LSE: MGNT; “Company”, “Issuer”), one of Russia’s leading retailers, announces the results of the Board of Directors meeting.

Please be informed that on March 21, 2019 the BOD meeting was held. The key decisions made at the meeting are as follows:

To hold the Annual General Shareholders Meeting (AGM) in the form of the presence of shareholders on May 30, 2019 at 11:00 AM (Moscow time) at the following address: 15/4 Solnechnaya street, Krasnodar, Russia.

Registration: May 30, 2019 at 10:00 AM (Moscow time).

Postal address to send the completed voting ballots: 15/5 Solnechnaya Street, Krasnodar, 350072, Russia.
The AGM Record Date: May 7, 2019.
Dividends: to recommend to the AGM the following amount of dividends on PJSC “Magnit” shares following the results of the 2018 reporting year and the procedure of its payment:

Total amount of dividends — 16,996,775,786.90 rubles; Amount of dividends per share — 166.78 rubles.

The Dividend Record Date: June 14, 2019.

Please follow the link below to view full results of the BoD meeting:

http://ir.magnit.com/en/press-releases/reg-filings_2019/

Items of the agenda of PJSC “Magnit” Board of Directors are related to the exercise of rights on ordinary registered uncertified shares, state registration number 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8.

PJSC “Magnit” Announces the Summary of the BoD Meeting Results