Magnit

AGM Information • Dec 17, 2021

PJSC "MAGNIT" EGM VOTING RESULTS AND ADOPTED DECISIONS

1. General information
1.1. Full company name of the issuer	Public Joint Stock Company "Magnit"
(for noncommercial organization – name)
1.2. Address of the issuer as specified in the Unified State	350072, Krasnodar Territory, Krasnodar,
Register of Legal Entities	Solnechnaya street 15, buil.5
1.3. Principal State Registration Number of the issuer	1032304945947
1.4. Taxpayer Identification Number	2309085638
1.5. Unique code of the issuer, assigned by the Bank of Russia 60525-Р
	https://www.e
1.6. Website used by the issuer for information disclosure	disclosure.ru/portal/company.aspx?id=7671;
	https://www.magnit.com
1.7. Date of event (material fact) on which the report is made	17.12.2021

1. Report content

2.1. Type of the issuer's general shareholders meeting (annual (ordinary), extraordinary): extraordinary.

2.2. Form of the issuer's general shareholders meeting (meeting (joint presence) or absentee voting): absentee voting.

2.3. Date, venue, time of the issuer's general shareholders meeting:

Date of holding the general shareholders meeting (deadline for submitting the voting ballots (date of the General Shareholders Meeting): December 16, 2021.

Postal address to which the completed voting ballots may be delivered: 15/5 Solnechnaya street, Krasnodar, 350072, Russia.

2.4. Quorum of the issuer's general shareholders meeting:

Number of votes on the voting shares of the company on each agenda item of general meeting, determined in accordance with the provisions of paragraph 4.24 of the Regulation on the additional requirements to the procedure of preparation, calling and holding of the general shareholders meeting, approved by the Bank of Russia on November 16, 2018 No. 660-П:

on the agenda item № 1 "Payment of dividends on PJSC "Magnit" shares following the results of 9 months of 2021" – 101,911,355 votes.

Number of votes of shareholders participated in the general shareholders meeting: on the agenda item № 1 "Payment of dividends on PJSC "Magnit" shares following the results of 9 months of 2021"– 73,151,358 votes.

The quorum is present to take decisions on all agenda items of the extraordinary General Shareholders Meeting.

2.5. Agenda of the issuer's general shareholders meeting:

1. Payment of dividends on PJSC "Magnit" shares following the results of 9 months of 2021.

2.6. Voting results on the agenda items of the issuers general shareholders meeting, where quorum is present, and the decision's statements, adopted by the issuers general shareholders meeting:

on the 1st agenda item "Payment of dividends on PJSC "Magnit" shares following the results of 9 months of 2021":

«for» - 72,927,384 votes, which amounts to 99.69% of the total votes of the shareholders participated in the general shareholder's meeting and entitled to vote on this item;

«against» - 223,974 votes, which amounts to 0.31% of the total votes of the shareholders participated in the general shareholder's meeting and entitled to vote on this item;

«abstained» - 0 votes, which amounts to 0.00% of the total votes of the shareholders participated in the general shareholder's meeting and entitled to vote on this item.

Adopted decision:

"1) To direct the Company's net profit for 9 (nine) months of the 2021 in the amount of ₽ 26,590,023,962.69 (twenty six billion five hundred ninety million twenty three thousand nine hundred sixty two rubles and 69 kopecks) to the payment of dividends;

2) To restore the retained profit of previous years in the amount of 3,409,621,608.66 rubles (Three billion four hundred nine million six hundred twenty one thousand six hundred eight rubles and 66 kopecks), previously directed to the business development of PJSC "Magnit";

3) To direct the retained profit of previous years in the amount of 3,409,621,608.66 rubles (Three billion four

hundred nine million six hundred twenty one thousand six hundred eight rubles and 66 kopecks) to the payment of dividends on ordinary registered shares of PJSC "Magnit";

4) To pay dividends on ordinary registered shares of PJSC Magnit in the amount of 29,999,645,571.35 rubles (Twenty-nine billion nine hundred ninety-nine million six hundred forty-five thousand five hundred seventy-one rubles 35 kopecks) which is 294.37 rubles (Two hundred ninety-four rubles 37 kopecks) per ordinary share; 5) To approve the following procedure for dividend payment:

- To pay dividends in cash;

- To set the dividend record date: December 31, 2021;

- To pay dividends pursuant to the procedure and within the time limit prescribed by the Russian legislation".

2.7. Date and number of the minutes of the general meeting: minutes w/o № as of December 17, 2021.

2.8. Identification characteristics of shares the holders of which are entitled to participate in the general shareholders meeting of the issuer: ordinary registered uncertified shares, state registration No. 1-01-60525-P of 04.03.2004, International Securities Identification Number (ISIN) RU000A0JKQU8.