The Results of Detsky Mir’s Annual General Meeting of Shareholders

Moscow, Russia, 2 July 2020 – PJSC Detsky Mir (“Detsky Mir” or the “Company”, MOEX: DSKY), the largest specialized children’s goods retailer in Russia and Kazakhstan, announces the results of its Annual General Meeting of Shareholders (AGM) that took place on 30 June 2020.

The Annual General Meeting of Shareholders passed the following resolutions:

1. The distribution of RUB 2,217,000,000 as a final dividend for FY 2019 (RUB 3.0 per ordinary share), with 11 July 2020 set as the dividend record date.

2. The election of the Board of Directors of PJSC Detsky Mir as follows:

1. Maria Davydova
2. Pavel Boyarinov
3. Stanislav Kotomkin
4. Evgeniy Madorskiy
5. Tony Maher
6. Oleg Mamaev
7. Olga Ryzhkova
8. Vladimir Travkov
9. Anna Shakirova
10. Alexander Shevchuk

The biographical details of the members of the Board of Directors are available at ir.detmir.ru

3. The approval of the Annual Report and Financial Statements for FY 2019.

4. The election of ZAO Deloitte & Touche CIS as auditor of Detsky Mir for FY 2020.

5. The election of the Audit Commission as follows:

1. Yury Vikulin
2. Irina Borisenkova
3. Anton Kozlov

6. The approval of the Company’s membership of the Retail Companies Association (ACORT), an association of commercial entities.

For additional information:

The Detsky Mir Group of Companies (MOEX:DSKY) is a multi-format retailer and the leader in the children’s goods sector in Russia. The Group comprises the Detsky Mir and the Detmir Pickup retail chains, the ELC (Early Learning Centre in Russia) and the ABC retail chains, as well as the Zoozavr pet supplies retail chain. The Company operates a retail chain of 782 Detsky Mir stores located in 301 cities in Russia, Kazakhstan and Belarus, five Detmir Pickup stores, as well as 43 ELC, 9 ABC and eleven Zoozavr stores as of 30 June 2020. The total selling space was approximately 855,000 square meters.

Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: PJSC AFK Sistema[1] – 20.38%; The Capital Group Companies, Inc. – 5.64%; Russian-Chinese Investment Fund (RCIF) [2][3]– 4.62%, Free float – 69.36%.  

Websites: detmir.ru, elc-russia.ru, ir.detmir.ru

([1]) Sistema PJSFC is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, children’s goods retail, paper and packaging, healthcare services, agriculture, high technology, banking, real estate, pharmaceuticals and hospitality

([2]) RCIF, an equity investment fund established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC), holds its stake in PJSC Detsky Mir through its funds: Floette Holdings Limited and Exarzo Holdings Limited.