Formation of Special Capital Markets Committee of the Board of Directors

Moscow, Russia, 4 December 2020 – Detsky Mir PJSC (“Detsky Mir” or the “Company”, MOEX: DSKY), Russia’s largest specialized children’s goods retailer, today has announced that in light of the offer to the Company’s shareholders to submit applications to sell up to 29.9% of the Company’s shares (the “Offer”) announced by Altus Capital, the Board of Directors of the Company (the “Board”) has formed a Special Capital Markets Committee (the “Committee”) to review the implications of the Offer and to explore strategic alternatives available to the Company’s shareholders, to which end the Board has delegated authority on certain matters to the Committee. The Committee is composed of Maria Davydova, Evgeniy Madorskiy and Alexander Shevchuk. The Committee has retained Goldman Sachs International as lead financial advisor and Herbert Smith Freehills as legal advisor.

For additional information:

Goldman Sachs

Dmitri Sedov

Tel: +7 495 645 4223

dmitri.sedov@gs.com

The Detsky Mir Group of Companies (MOEX: DSKY) is an omnichannel 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 detmir.ru online store and marketplace, as well as the Zoozavr pet supplies retail chain. The Company operates a retail chain of 805 Detsky Mir stores located in 319 cities in Russia, Kazakhstan and Belarus, 13 Detmir Pickup stores, as well as 14 Zoozavr stores as of 30 November 2020. The total selling space was approximately 872,000 square meters.

Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: Free float[1] – 100%.

Websites: detmir.ru, ir.detmir.ru.

([1]) Excluding quasi-treasury shares and shares held by management and directors (0.8% of total shares).