Magnit announces the changes of the rights of Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit

Acquisition of the right to dispose Votes

Acquisition of the right to dispose Votes

Acquisition of the right to dispose Votes

Full company or person's name

Marathon Retail Limited Liability Company

MG MARATHON GROUP (CYPRUS) LTD

Vinokurov Alexander Semenovich

Company address

Moscow, Russian Federation

Flat/Office 601, 6th Floor, ANASTASIO BUILDING, Dimitriou Karatasou 15, Strovolos, 2024, Nicosia, Cyprus

-

Taxpayer Id Number

7733314868

-

-

Principal State Registration Number

1177746084779

367607

-

Type of the terminated / acquired right to dispose Votes

direct disposal

indirect disposal3

indirect disposal4

Attribute of the terminated / acquired right to dispose Votes

sole disposal

sole disposal

sole disposal

Basis of the termination / acquisition of the right to dispose Votes

conclusion of the agreement, the subject of which is the exercise of the rights, certified by shares (stakes), to dispose a certain number of votes accounted for the voting shares (stakes) in the charter capital of the issuer

Number of Votes and share in the charter capital before the occurrence of the basis

22,860,779 votes / 22.43%

25,477,838 votes / 24.99%

25,477,838 votes / 24.99%

Number of Votes and share in the charter capital after the occurrence of the basis

27,174,137 votes / 26.66%

29,791,196 votes / 29.23%

29,791,196 votes / 29.23%

Date of occurrence of the basis

14.01.2022

14.01.2022

14.01.2022

For further information, please contact:

Dina Chistyak

Head of Investor Relations 
dina_chistyak@magnit.ru

Office: +7 (861) 210 9810 x 15101

Media Inquiries                    Twitter

press@magnit.ru                    @MagnitIR

Note to editors

"Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2021, Magnit operated 45 distribution centers and 25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS 16 management accounts results for 9M 2021, Magnit had revenues of RUB 1,311.5 billion and an EBITDA of RUB 151.4 billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB+.

Forward-looking statements

This document contains or may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected sales growth rate and/or store openings are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. Any forward-looking statement is based on information available to Magnit as of the date of the statement. All written or oral forward-looking statements attributable to Magnit are qualified by this caution. Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.