Magnit

Director's Dealing • Mar 26, 2020

Press Release | Krasnodar | March 25, 2020

PJSC "Magnit" notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

Krasnodar, Russia (March 25, 2020): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces the change of stake of ordinary shares in the charter capital of PJSC "Magnit" owned by Sorokin Vladimir Leonidovich, the member of the Management Board of PJSC "Magnit".

On March 25, 2020 the Company was notified on the following change of share of Sorokin Vladimir Leonidovich in the charter capital.

Date of		Share in the charter capital before	Share in the charter capital before	Share in the charter capital before	Share in the charter capital before
change		change	change	change	change
March 2020	23,	0.018135%	0.018135%	0.019845%	0.019845%

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

	Details of the person discharging managerial responsibilities/person closely associated
Name	Sorokin Vladimir Leonidovich
	Reason for the notification
Position/status	member of the "Magnit" collective executive body PJSC (Management Board)
	Initial notification
	Details of the issuer
Name	Public Joint Stock Company "Magnit"
LEI	2534009KKPTVL99W2Y12
	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument Identification code	Share ISINRU000A0JKQU8
Nature of the transaction	Acquisition of securities
Price(s) and volume(s)	Price (RUB) volume 2 866,00 20 2 866,50 18 2 866,50 120 2 865,50 102 2 866,50 63 2 867,50 19 2 867,00 50 2 867,00 20 2 866,00 86 2 865,00 50 2 867,50 50 2 865,00 20 2 867,50 56 2 867,00 56 2 865,50 21 2 867,50 42 2 867,50 14 2 864,50 17 2 868,00 14 2 868,00 60 2 868,00 47 2 869,00 1 2 868,50 21
	Initial notification/ Amendment

		2 870,00 381
		2 868,50 56
		2 870,00 3
		2 869,50 63
		2 868,00 56
		2 870,00 13
		2 870,00 40
		2 869,50 40
		2 868,00 5
		2 869,50 50
		2 868,00 63
		2 868,50 5
		Price(RUB.) Aggregated volume
d)	Aggregated information Aggregated volume - Price -	2 867,91 1 742
e)	Date of the transaction	March 23, 2020
f)	Place of the transaction	Moscow Exchange (MISX)

For further information, please contact:

Dmitry Kovalenko

Director for Investor Relations Email: dmitry\_kovalenko@magnit.ru Office: +7 (861) 210-48-80

Dina Chistyak

Director for Investor Relations Email: dina\_chistyak@magnit.ru Office: +7 (861) 210-9810 x 15101

Media Inquiries

Email: press@magnit.ru

Note to editors:

Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2019, Magnit operated 38 distribution centres and 20,725 stores (14,622 convenience, 473 supermarkets and 5,630 drogerie stores) in 3,742 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the audited IFRS results for FY 2019, Magnit had revenues of RUB 1,369 billion and an EBITDA of RUB 147 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.

ISIN: US55953Q2021 Category Code: MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 54463 EQS News ID: 1006357

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