PJSC LSR Group (“LSR” or the “Company”) (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that its Board of Directors approved a buyback programme of LSR shares and GDRs representing LSR ordinary shares in the amount of up to RUB 5 billion to be bought on the open market. Exact parameters and term of the buyback programme will be decided by the Company’sBoard of Directors depending on market conditions.

For more information please contact:

Investor Relations

Igor Tsoy 
Director of Investor Relations
E-mail: IR@lsrgroup.ru

Media Relations

LSR Group Press Service
E-mail: press@lsrgroup.ru