Public Joint Stock MegaFon : Resolutions taken by the EGM

• To approve Amendments to the Company's Procedures for payment of remuneration and compensations to the members of the Board of Directors.
• To approve the number of seats in the Management Board of the Company consisting of 9 (Nine) persons and elect the Management Board in the following composition:
• • Khachatur Pombukhchan
  • Emin Antonyan
  • Vlad Wolfson
  • Roman Ermolenko
  • Pavel Korchagin
  • Elena Martynova
  • Nikita Orlov
  • Sergey Pereverzev
  • Alexander Sobolev

To approve termination of Company's participation in the National Radio Frequency Resource Users Association.

For more information:

PJSC MegaFon

Notes to Editors

MegaFon PJSC is a pan‑Russian operator of digital opportunities, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE Advanced (4G) data network. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru.

Cautionary Statement Regarding Forward Looking Statements

Some of the information in this document may contain or refer to projections or other forward‑looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'forecast', 'intend', 'will', 'could', 'may', or 'might' the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward‑looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.