Ownership structure

From March 16, 2020 the Company’s share capital amounts to RUB 8,731,407.69 and is formed of 3,282,997,929 ordinary shares and 209,565,147 preference shares with nominal value of RUB 0.0025 each.

Holders of 1% and more of the Companys share capital or ordinary (voting) shares (incl. holders registered through nominees, if the Company has information about them) as of May 31, 2021:


Share capital

Ordinary Shares

Preference Shares

Free float31.44%29.02%69.21%
Shareholders

Russian Federation represented by Federal Agency for State Property Management

35.91% 38.20% 0.00%
JSC Telecom Investments19.72%20.98%0.00%
VTB Bank (PJSC)7.93%8.44%0.00%

State Development Corporation VEB.RF1

3.16% 3.36% 0.00%

Mobitel

1.85% 0.0% 30.79%

1 A portion of shares is deposited with a nominee

Nominees

National Settlement Depository

28.72% 27.15% 53.18%

The Company is not aware of any other holders of 5% and more of the Companys share capital or ordinary (voting) shares besides the holders mentioned in the table above.

Structure of shareholders (excl. holders registered through nominees) as ofMay 31, 2021:


Share capital

Ordinary Shares

Preference Shares

Legal entities. including:

95.41% 96.13% 84.03%

Nominees

28.82% 27.27% 53.18%

Residents of Russia

66.56% 68.85% 30.81%

Non-residents of Russia

0.02% 0.02% 0.03%

Individuals. including:

4.59% 3.87% 15.97%

Residents of Russia

4.58% 3.85% 15.92%

Non-residents of Russia

0.02% 0.01% 0.05%

Number of shareholders of record (excl. holders registered through nominees) as ofMay 31, 2021:

Legal entities, including:

700

Nominees

29

Residents of Russia

571

Non-residents of Russia

100

Individuals, including:

150,982

Residents of Russia

150,741

Non-residents of Russia

241

Total shareholders of record

151,682