Press Release | Krasnodar | April 7, 2020 

PJSC Magnit Has Published the List of Affiliated Persons as of 31.03.2020

Krasnodar, Russia (April 7, 2020): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces publication of the list of affiliated persons as of 31.03.2020.

Please be informed that today PJSC Magnit has published the list of affiliated persons as of 31.03.2020.

The list can be found on the Company's website https://www.magnit.com and on http://www.e-disclosure.ru/portal/company.aspx?id=7671

For further information, please contact:

Dmitry Kovalenko

Director for Investor Relations

Email: [email protected]

Office: +7 (861) 210-48-80

Dina Chistyak

Director for Investor Relations

Email: [email protected]

Office: +7 (861) 210-9810 x 15101

Media Inquiries

Media Relations Department

Email: [email protected]

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.