PJSC LSR Group (“LSR” or the “Company”) (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces that its Board of Directors has resolved to convene an Annual General Meeting of shareholders (“AGM”) on 17 April 2024, which will be held in the form of voting by correspondence.

Completed voting ballots are to be sent to Office 713, 36B Kazanskaya Street, St. Petersburg 190031, Russian Federation or filled in online on https://pos.vtbreg.ru/. Deadline for the receipt of voting ballots is set for 17 April 2024. Shareholders registered as at the record date of 26 March 2024 will be eligible to participate in the AGM.

Shareholders will be considered to have participated in the AGM in the form of voting by correspondence only if their voting ballots or electronic voting ballots completed online at https://pos.vtbreg.ru/ have been received before the deadline for the receipt of voting ballots.

The agenda for the Annual General Meeting of shareholders comprises the following matters:

1. Approval of the Company’s Charter in the new edition.

2. Approval of the Regulations on holding a general meeting of shareholders in a new edition.

3. Approval of the Regulations on the Board of Directors in a new edition.

4. Approval of the Company's 2023 Annual Report.

5. Approval of the annual accounting (financial) statements of the Company for 2023.

6. Distribution of the Company’s profit based on the results of the reporting year 2023.

7. Determination of the number of members of the Company’s Board of Directors.

8. Election of members of the Company's Board of Directors.

9. Election of members of the Company's Internal Audit Commission.

10. Appointment of audit organizations of the Company for 2024.

Board of Directors invokes its right provided in Clause 7 of Article 53 of the Federal Law on Joint Stock Companies and, at its sole discretion, nominates the following candidates for election to the Company’s Board of Directors and Audit Committee:

To the Board of Directors:

• Galina Volchetskaya

• Vitaliy Ignatenko, Independent Director

• Yury Kudimov, Independent Director

• Dmitry Kutuzov

• Igor Levit

• Egor Molchanov

• Yury Osipov, Independent Director

• Lyubov Shadrina

• Vladimir Yakovlev, Independent Director.

To the Internal Audit Commission:

• Natalya Anisimova

• Natalya Klevtsova

• Denis Sinyugin.

The Board of Directors of LSR Group decided to approve the appointment of Galina Volchetskaya as the Chairman of the Annual General Meeting of Shareholders of LSR Group and Elena Chistyakova as the Secretary of the Annual General Meeting of Shareholders of the Company.

The Board of Directors of LSR Group also recommended the Annual General Meeting of Shareholders to approve a dividend distribution in the amount of RUB 10,303,021,500.00 based on the results of 2023 financial year. Shareholders registered at the record date of 02 May 2024 will be entitled to receive a dividend payment.

Supporting materials related to the Annual General Meeting of shareholders will be published on the Company’s website www.lsrgroup.ru on 18 March 2024.