MOSCOW, Russia — MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading mobile connectivity and digital services provider, announces the decisions reached at the Company’s Extraordinary General Meeting of Shareholders (the “EGM”) held on February 14, 2020.

Resolutions adopted at the EGM included:

·                                 To approve the reorganization of MTS PJSC through the takeover of the following subsidiaries: RIKT JSC, Teleservis JSC, Progtekh-Yug LLC, SIBINTERTELEKOM JSC, NVision-Consulting LLC, Avantage LLC, and NIS JSC;

·                                 To approve amendments to the MTS Charter in relation to the reorganization, as well as with regards to corporate procedures and to grant the Management Board greater autonomy in investing in digital startups; and

·                                 To approve MTS’s membership in the Telecom Infra Project (TIP) and the Russian Big Data Association.

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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