Moscow, May 22, 2019 — PIK Group, the leading Russian residential developer in Russia, announces that on May 21, 2019 at the Company’s AGM shareholders approved dividend totaling RUB 15 billion as distribution of retained earnings for the previous periods. The recommended dividend amounts to RUB 22.71 per ordinary share.

The dividend record date has been set for June 3, 2019. The payment date has been set for June 14, 2019 for nominees and July 5, 2019 for all other registered shareholders.

Enquiries:

PIK Group

Investors: Polina Kurshetsova, Tel: +7 495 505 97 33 ext. 3785,

E-mail: ir@pik.ru

Media: E-mail: media@pik.ru