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PIK Group’s board of directors recommends dividends

Moscow, April 16, 2019 — PIK Group, the leading Russian residential developer in Russia, announces that its Board of Directors recommended a dividend totaling RUB 15 billion as distribution of retained earnings for the previous periods. The recommended dividend amounts to RUB 22.71 per ordinary share.

Shareholder approval of the dividend is expected at the Company’s AGM which is scheduled for May 21, 2019. The record date for AGM participation is April 26, 2019. The Board has recommended June 3, 2019 as the dividend record date.

The payment date is recommended June 14, 2019 for nominees and July 5, 2019 for all other registered shareholders.

Enquiries:

PIK Group

Investors: Polina Kurshetsova, Tel: +7 495 505 97 33 ext. 3785, E-mail: ir@pik.ru

Media: E-mail: media@pik.ru