MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading mobile, media, and digital services provider, announces the decisions reached at the meeting of the Board of Directors (“the Board”) held on May 21, 2020.

At the meeting, thå following candidates were nominated for election to the Board at the Annual General Meeting (AGM) of shareholders scheduled for June 24, 2020:

·                                 Konstantin Ernst, Independent Director;

·                                 Felix Evtushenkov, Member of the Board of Directors, PJSC Sistema, and Chairman of the Board, MTS;

·                                 Alexander Galitsky, Independent Director;

·                                 Thomas Holtrop, Independent Director;

·                                 Shaygan Kherapdir, Independent Director;

·                                 Alexey Kornya, Executive Director, MTS President & CEO;

·                                 Nadia Shouraboura, Independent Director;

·                                 Valentin Yumashev, Independent Director; and

·                                 Artyom Zasursky, Vice President for Strategy, PJSC Sistema.

The Board also approved Natalia Mikheeva as Director for Internal Audit & Control.

In addition, the Board recommended that the AGM approve the 2019 MTS Annual Report; MTS Annual Financial Statements, including Profit & Loss Statement; and distribution of profits and losses based on 2019 FY results (including payment of dividends).

Biographies of new board candidates

Konstantin Ernst

Konstantin Ernst is CEO of Channel One Russia, the country’s most-watched TV channel. He has worked in the television industry since 1988, and in 2017 was included in Variety’s list of the top-500 most influential global entertainment leaders.

As a producer, he has received numerous international prizes and awards for his work, which has included overseeing production of Eurovision in Moscow in 2009, as well as serving as creative producer of the opening and closing ceremonies at the 2014 Sochi Winter Olympics.

Konstantin was appointed Channel One CEO in 1999, having earlier served as Executive Producer from 1995. He holds a graduate degree in biology from St. Petersburg State University.

Alexander Galitsky

Alexander Galitsky has been a co-founder and managing partner at Almaz Capital Partners since 2008. He also advises and serves on the board of a broad array of companies, including Parallels, Acronis, S-Terra, NavMaps, EzWIM, Start Telecom, PGP Inc., WikiMart, Yam Labs, UMX, Magnifire (F5), Acumatica, and Alawar. In addition, he is a member of the board of Skolkovo Foundation, as well as a member of the IT Industry Expert Committee of the Russian Ministry of Digital Development, Communications, and Mass Media.

Before joining Almaz Partners, he worked as a venture capitalist and tech-focused entrepreneur at Àlfa Group’s Russian Technologies fund from 2005–2007. From 2003–2007 he served as an adviser and independent investor at Start Telecom, NavMaps, Evernote, Parallels, Acronis, SJLabs, S-Terra, Magnifire, and PGP Corporation. He began his career at NPO ELAS, after which he founded multiple startups, including EzWim, TrustWorks, and ELVIS+.

Alexander holds a graduate degree from the Moscow Institute of Electronics (MIET).

Shaygan Kheradpir

Shaygan Kheradpir has been Chairman & CEO of Coriant, Inc. since 2015. He also serves as a member of MTS’s Digital Advisory Committee.

In 2014 he worked as CEO of Juniper Networks and from 2011–2014 as COO of Barclays Bank. From 2000–2010 he served in multiple roles at Verizon, including as CTO and CIO in Telecom.

Shaygan holds bachelor’s, master’s, and doctoral degrees in electrical engineering from Cornell University.

Nadia Shouraboura

Nadia Shouraboura is a member of the supervisory board of X5 Retail Group (Russia) and Ferguson plc (Switzerland), as well as a member of the board of Anko Retail, Inc. (USA) and Tosca (USA).

From 2012—2018 she was founder and CEO of premium clothing retailer Hointer (USA). She earlier held a series of leadership roles in multiple companies from 2004–2012, including as VP for Technology at Amazon overseeing global supply chains and fulfillment, as well as head of systems development at Exelon Power. From 1994–2001 she worked as a Senior Principal Consultant at Diamond Management & Technology (USA). She began her career in 1989 as a robotics engineer at Robcad (Israel).

Nadia holds a bachelor’s degree from Moscow State University, a master’s degree from the University of Tel Aviv, and a PhD in Mathematics from Princeton University.

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For further information, please contact in Moscow:

Investor Relations Department
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru