X5 Retail EDR : seeks FAS review for O’KEY supermarket business

X5 Retail Group is one of the leading Russian food retail groups. Net sales break down by store type as follows: - convenience stores (81.6%): 19,164 stores held under the Pyaterochka brand at the end of 2022; - supermarkets (14.8%): 971 stores under the Perekrestok brand; - hard discount stores (1.4%): operation of 517 stores under the Chizhik brand; - hypermarkets (0.6%): operation of a network of 12 stores (Karusel brand); - other (1.6%): primarily operation of the Perekrestok Vprok online hypermarket.