MagnitRUS: MGNT

Recommendations of the Board of Directors to the annual General Shareholders Meeting of Magnit PJSC on distribution of profits and losses of the Company following the results of 2024 reporting year

· Issued by Magnit

Information (materials) for the annual shareholders meeting of

Magnit PJSC to be held on June 26, 2025

№5 "RECOMMENDATIONS OF THE BOARD OF DIRECTORS TO THE ANNUAL GENERAL SHAREHOLDERS MEETING OF MAGNIT PJSC ON DISTRIBUTION OF PROFITS AND LOSSES OF THE COMPANY FOLLOWING THE RESULTS OF 2024

REPORTING YEAR"

Net profit of Magnit PJSC * for 2024 amounted to 63,777,902 thousand rubles.

Net profit of Magnit PJSC * for 2024 to be allocated amounted to 63,777,902 thousand rubles.

* Non-consolidated profit of Magnit PJSC in accordance with the Russian Accounting Standards.

To recommend to the annual General Shareholders Meeting the following:

  1. To retain the net profit of Magnit PJSC following the results of the 2024 reporting year.

  2. Not to pay dividends on PJSC Magnit ordinary registered shares following the results of the 2024 reporting year.

Board of Directors of PJSC "Magnit"

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