Resolutions taken by the EGM
 

Moscow, Russian Federation (21 December 2018) - Public Joint Stock Company "MegaFon" (MoEx: MFON), a pan-Russian operator of digital opportunities, ("MegaFon" or the "Company"), announces that the following resolutions were adopted at the Extraordinary General Meeting (EGM) of Shareholders held on 21 December 2018 in the form of a face-to-face meeting:

1. To early terminate the powers of the Company's Board of Directors elected at the Annual General Shareholders' Meeting of the Company on June 29, 2018.

2. Election of the Board of Directors of the Company. The following persons were elected to the Board by the shareholders of the Company:

1. Maxim Nikolaevich Anipkin

2. Alexey Vladimirovich Antonyuk

3. Evgeny Alexandrovich Bystrykh

4. Jarkko Armas Veijalainen

5. Alexander Yurievich Esikov

6. Harri Eerik Koponen

7. Anna Andreevna Serebryanikova

8. Alexander Anatolievich Ushkov

9. Natalya Victorovna Chumachenko

3. Approval of the number of seats in the Management Board of the Company (8 persons) and election of the Management Board of the Company. The following persons were elected to the Management Board by the shareholders of the Company:

1. Gevork Arutyunovich Vermishyan

2. Alexander Anatolievich Barunin

3. Frederic Gilbert Vanoosthuyze

4. Valentina Igorevna Vatrak

5. Vlad Wolfson

6. Dmitry Kononov

7. Elena Andreevna Martynova

8. Alexander Andreevich Sobolev
 

For more information:

PJSC MegaFon

Investors: Dmitry Kononov
Director for Investor Relations and M&A Tel: +7 926 200 6490 dkononov@megafon.ru
 

Media: Artem Lebedev
Head of Media Relations Tel: +7 925 696 0677 artem.lebedev@megafon.ru

Notes to Editors
MegaFon PJSC is a leading Russian integrated telecommunication service provider, 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. MegaFon is traded on the Moscow Exchange under the symbol MFON. 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.

Statement Regarding Inside Information
Some of the information in this document may be inside information. The subject matter, the identity of the issuer, the identity of the persons making the notification and their titles, and the date and time of the notification are all as set forth above.