MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading telecommunications and digital services provider, announces the decisions reached at the Company’s Annual General Meeting of Shareholders (the “AGM”) held in Moscow on June 27, 2019.

At the meeting, the following resolutions were adopted:

·                                 To approve final annual dividends of RUB 19.98 per ordinary MTS share (RUB 39.96 per ADR), or in total RUB 39,927,310,941.78 based on the full-year 2018 financial results. The record date for the Company's shareholders and ADR-holders entitled to receive dividends for the full year 2018 has been set for July 9, 2019. The dividend payment will be completed on or before August 13, 2019;

·                                 To approve the Company’s Annual Report and Annual Financial Statements, including the Company’s Profit & Loss Statement, as well as the distribution of profits and losses of MTS PJSC based on FY2018 results (including payment of dividends);

·                                 To elect the following persons to the MTS Board of Directors:

1.                             Alexey Kornya, President and Chief Executive Officer, MTS,

2.                             Alexey Katkov, Managing Partner, Sistema PJSFC,

3.                             Antonios Antoniou, Independent Director,

4.                             Artyom Zasursky, Vice President & Head of Strategy, Sistema PJSFC,

5.                             Felix Evtushenkov, Deputy Chairman of the Board, Sistema PJSFC,

6.                             Regina von Flemming, Independent Director,

7.                             Thomas Holtrop, Independent Director,

8.                             Valentin Yumashev, Independent Director, and

9.                             Vsevolod Rozanov, Managing Partner, Sistema PJSFC.

·                                 To elect members of the Company’s Revision Commission;

·                                 To approve Deloitte & Touche CIS CJSC as MTS’s auditor;

·                                 To approve the MTS Regulations on Shareholders’ Meetings as revised.

At a subsequent meeting of the Board of Directors, the Board took the following decisions:

·                                 To elect Mr. Felix Evtushenkov as Chairman of the Board of Directors;

·                                 To reappoint Mr. Maxim Kalinin as Secretary of the Board of Directors;

·                                 To confirm the status of Mr. Antonios Antoniou, Mrs. Regina von Flemming, Mr. Thomas Holtrop, and Mr. Valentin Yumashev as independent directors;

·                                 To form the membership of the following committees under the Board of Directors: Remuneration and Nominations Committee, Audit Committee, Budget Committee, Corporate Governance Committee, Strategy Committee, and Special Compliance Committee; and

·                                 To terminate the Special Committee established to assist the Board in executing the project to increase the Company’s share in MTS Bank.

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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