St. Petersburg, Russia  – PJSC LSR Group (“LSR” or the “Company”) (MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, announces the results of its Annual General Meeting of Shareholders (“AGM”).

The AGM resolved to:

1. Approve the Company’s Charter in the new edition.

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

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

4. Approve the Company's 2023 Annual Report.

5. Approve the Company's Financial Statements according to RAS for financial year 2023.

6. Approve a dividend payment of RUB 10,303 million or RUB 100 per ordinary share for financial year 2023. Shareholders registered at the record date of 02 May 2024 will be entitled to receive a dividend payment. The following dates were set for the dividend payments:

• for nominee shareholders and professional securities market participants – 20 May 2024;

• for other registered shareholders – 10 June 2024.

        7. Elect nine members to the Company's Board of Directors, including four independent 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

       8. Appoint JSC KEPT to audit the Company's financial statements for 2024 according to IFRS and RAS (Russian Accounting Standards).

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