Press Release | Krasnodar | April 2, 2021 

PJSC Magnit Has Published the List of Affiliated Persons as of 31.03.2021

Krasnodar, Russia (April 2, 2021): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces publication of the list of affiliated persons as of 31.03.2021.

Please be informed that on April 2, 2021 PJSC Magnit has published the list of affiliated persons as of 31.03.2021.

The list can be found on the Company's website https://www.magnit.com and on http://www.e-disclosure.ru/portal/company.aspx?id=7671

For further information, please contact:

Dmitry Kovalenko    Dina Chistyak

Director for Investor Relations   Director for Investor Relations

Email: dmitry_kovalenko@magnit.ru  Email: dina_chistyak@magnit.ru

Office: +7 (861) 210-48-80   Office: +7 (861) 210-9810 x 15101

Media Inquiries     Twitter:

Media Relations Department   @MagnitIR

Note to editors:

Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2020, Magnit operated 38 distribution centres and 21,564 stores (14,911 convenience, 470 supermarkets and 6,183 drogerie stores) in 3,752 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS 16 results for FY 2020, Magnit had revenues of RUB 1,553.8 billion and an EBITDA of RUB 178.2 billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB.