X5 Retail Group announces results of AGM

Amsterdam, 12 May 2021 – X5 Retail Group N.V. ("X5" or the "Company"), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Karusel chains (LSE and MOEX ticker: "FIVE"), today held its Annual General Meeting of Shareholders (the 'AGM').

The shareholders and holders of global depository receipts ("GDRs") adopted X5's 2020 financial statements and approved the proposed 2020 annual dividend of RUB 184.13 per GDR [1] for the full year. Therefore, a final dividend of RUB 110.49 per GDR will be paid to GDR holders within 45 days from the date of the AGM in accordance with the dividend policy. This is in addition to the interim dividend of RUB 73.64 per GDR which was paid on 31 December 2020. Shareholders and holders of global depository receipts adopted all other proposals on the agenda, including:

  • Re-appointment of Igor Shekhterman as member of the Management Board and CEO;
  • Re-appointment of Stephan DuCharme and Mikhail Fridman, and appointment of Richard Brasher and Alexander Tynkovan, as members of the Supervisory Board;
  • Remuneration policy for the Management Board.

Furthermore, Ernst & Young Accountants LLP was re-appointed as the external auditor of the Company for the financial year 2021.

The voting results of the meeting can be found in the Corporate Governance section of the Company's website at:

https://www.x5.ru/en/Pages/Investors/GeneralMeetingOfShareHolders.aspx

[1] Gross amount subject to taxes and fees

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