MTS Completes Acquisition of Local Fixed-line Internet Providers From Zelenaya Tochka Group - Form 6-K

MTS Completes Acquisition of Local Fixed-line Internet Providers From Zelenaya Tochka Group

May 2, 2023

MOSCOW, Russia - Mobile TeleSystems Public Joint Stock Company ("MTS" or "the Company") (MOEX: MTSS), a digital ecosystem, leading provider of digital and media services and Russia's largest mobile operator, announces the completion of the third and final stage of its acquisition of Zelenaya Tochka Group's assets. By exercising its option, MTS bought out the remaining 49% stake in six local fixed-line Internet providers in Belgorod, Lipetsk, Ufa, Neftekamsk, Beloretsk, Tomsk and Vladivostok.

In February 2020, as part of the first stage of the transaction, MTS acquired a 51% stake in all 13 of Zelenaya Tochka Group's fixed-line operators in 12 cities across Russia. In April 2021, during the second stage, MTS bought the remaining 49% stake in seven Zelenaya Tochka Group fixed-line operators. Now, with the completion of the last stage of the deal, MTS has got full ownership of all 13 of Zelenaya Tochka Group's regional assets.

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For further information, please contact in Moscow:

Investor Relations Department

Mobile TeleSystems Public Joint Stock Company

Tel: +7 495 223 2025

E-mail: [email protected]

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Mobile TeleSystems Public Joint Stock Company ("MTS" - MOEX: MTSS) is Russia's ecosystem providing network-native digital services and largest mobile operator. The company offers a full range of solutions for consumers and business customers across wireless and wireline connectivity; over-the-top, linear, and satellite television; digital-first banking and financial services; as well as unified communications, cloud computing and IoT. There are more than 88 million mobile subscribers using MTS services across the company's operations in Russia, Armenia, and Belarus, including around 80 million subscribers in Russia alone. In addition, MTS has a nationwide network of around 5,400 owned and franchised retail outlets in Russia, and provides nearly 10 million clients with broadband, TV, and/or fixed-line telephone connectivity, over 11 million users - with OTT and pay TV services. The number of ecosystem clients exceeds 13,5 million. MTS's shares are listed on the Moscow Exchange under the ticker MTSS. For more information, please visit the company's Investor Relations website at ir.mts.ru.

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