Mobil'nye Telesistemy : MTS Announces New Appointments In Top Management

Moscow, Russia - PJSC MTS (NYSE: MBT, MOEX: MTSS), a leading Russian telecommunications operator and digital services provider, announces that the Board of Directors of MTS has approved a number of appointments in the Company's top management. Alexander Gorbunov was appointed to the position of Vice President, Strategy, Maxim Yanpolsky would become Vice President, Financial Technologies, and Andrey Kamensky took the position of Vice President, Finance, Investments, Mergers and Acquisitions.

Alexey Kornya, President and Chief Executive Officer, MTS, commented, 'We are glad to welcome in our team the professionals who will strengthen the key activities of our company. MTS is actively expanding its business by developing cloud technologies, Internet of Things, FinTech, Big Data analytics, systems integration, e-commerce, eSport, and telemedicine. The success of each new area of development significantly depends on the quality of created products and time-to-market speed. We have already started creating vertical solutions with a wide range of functions being fully responsible for financial results. It is time to strengthen our strategic competencies. I am sure that Alexander's professionalism and experience will allow us to focus on the areas which help the company integrate into the new economy while maintaining our leadership.'

Alexey added, 'FinTech is the key area of the company's development and its timely establishment as a separate business segment fits our strategy on creating a system of vertical solutions meeting the challenges of today's economy. For better management MTS increases the personal level of management responsibility and strengthens the FinTech team with the strategists having product thinking and experience in launching promising digital solutions. I am sure that Maxim's professional knowledge will help MTS make significant progress in this area. I have no doubts that the experience of Andrey Kamensky in financial management coupled with his excellent business knowledge ensure the timely launch of new products as well as stimulate an effective growth of the Group's business as a whole.'

Biographies

Alexander Gorbunov

Before joining MTS, Alexander served as Vice President, Telecommunications Assets, Sistema PJSFC. From September, 2012 to the end of 2015 Alexander served as Executive Vice President for the Investment Portfolio of Sistema JSFC. From 2010 to 2012 held various positions at Sistema PJSFC: Executive Vice President for Telecommunication Assets, Executive Vice President for Telecommunications Assets Development at the Core Assets Business Unit, Adviser to the President of Sitronics JSC. From 2006 to 2010, he was Vice President, Strategy and Development, at Comstar-UTS OJSC. From 2005 to 2006, he headed the Corporate Development Department and served as First Vice President - Head of Strategy and Development Complex of Sistema PJSFC.

Alexander was born in 1967. In 1992, he graduated from Moscow Engineering Physics Institute as an engineer-physicist. In 1999, he received an MBA from Harvard Business School.

Maxim Yanpolsky

Before joining MTS, in 2015-2018, Maxim held the position of Senior Vice President, Bank Otkritie Financial Corporation PJSC. In 2014, Maxim served as Managing Directior at Bank Otkritie, where he was responsible for business development and new digital projects and managed the projects such as 'Point', 'Rocket Bank', 'Opening Factoring' and others. In 2009, he became a co-founder and senior partner of the investment company 'Third Rome'.

In 2003-2009, Maxim worked at Renaissance Investment Management LLC, where he held various positions from the Head of the project office to the Vice President. He began his career at 'Troika Dialog' (Sberbank CIB), where in 1999-2002, he worked as a consultant for the department of trade and sales, from 2002 to 2003 he worked as a consultant at Accenture.

Maxim graduated the faculty of Computational Mathematics and Cybernetics of Lomonosov Moscow State University. In 2009-2011, he received EMBA in Chicago Booth School of Business.

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For further information, please contact in Moscow:

Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru

Learn more about MTS. Visit the official blog of the Investor Relations Department at www.mtsgsm.com/blog/