REG - X5 Retail Group N.V - GEOFFREY KING STEPS DOWN FROM X5 SUPERVISORY BOARD

X5 Retail NVAnnouncement

11/03/2022 10:30

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RNS Number : 5055E  X5 Retail Group N.V.  11 March 2022

GEOFFREY KING STEPS DOWN FROM X5 SUPERVISORY BOARD

Amsterdam, 11 March 2022 - X5 Retail Group N.V. ("X5" or the "Company", LSE
and MOEX ticker: FIVE), a leading Russian food retailer that operates the
Pyaterochka, Perekrestok and Chizhik retail chains, today announced that
Geoffrey King has resigned as Member of the X5 Supervisory Board with effect
from 11 March 2022.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Fitch, BB+; Moody's, Ba1; S&P,
BB+; RAEX, ruAA+) is a leading Russian food retailer. The Company operates
proximity stores under the Pyaterochka brand, Perekrestok supermarkets and
Chizhik hard discounters. X5 provides an omnichannel experience to its
customers, integrating retail stores and e-commerce through its businesses
Vprok.ru Perekrestok, 5Post, express delivery and Mnogo Lososya.

As of 31 December 2021, X5 had 19,121 Company-operated stores. It has the
leading market position in both Moscow and St Petersburg and a significant
presence in the European part of Russia. Its store base includes 17,972
Pyaterochka proximity stores, 990 Perekrestok supermarkets and 72 Chizhik hard
discounters. The Company operates 47 DCs and 4,480 Company-owned trucks across
the Russian Federation. X5 is one of the largest employers in Russia.

X5 is one of the largest employers in Russia. The Company employs over 340
thousand people.

For the full year 2020, revenue totalled RUB 1,978,026 million (USD 27,417
million*), EBITDA pre-IFRS 16 reached RUB 145,137 million (USD 2,012 million),
and net profit pre-IFRS 16 for the period amounted to RUB 39,180 million (USD
543 million). In 9M 2021, revenue totalled RUB 1,597,289 million (USD 21,583
million**), adjusted EBITDA pre-IFRS 16 reached RUB 123,703 million (USD 1,671
million), and net profit pre-IFRS 16 amounted to RUB 38,943 million (USD 526
million).

X5's shareholder structure is as follows: CTF Holdings S.A., 47.86%; The Axon
Trust, 11.43%; X5 directors, 0.10%; treasury shares, 0.01%; shareholders with
less than 3%, 40.60%.

Forward-looking statements:

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the fact that they do not only relate to historical or current
events. Forward-looking statements often use words such as "anticipate",
"target", "expect", "estimate", "intend", "expected", "plan", "goal",
"believe", or other words of similar meaning.

By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances, a number of which are
beyond X5 Retail Group N.V.'s control. As a result, actual future results may
differ materially from the plans, goals and expectations set out in these
forward-looking statements.

Any forward-looking statements made by or on behalf of X5 Retail Group N.V.
speak only as of the date of this announcement. Save as required by any
applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation
publicly to release the results of any revisions to any forward-looking
statements in this document that may occur due to any change in its
expectations or to reflect events or circumstances after the date of this
document.

*FX rate: 72.1464 USD/RUB

** FX rate: 74.0073 USD/RUB

 For further details please contact:
 Maria Yazeva

 Investor Relations Officer

 Tel.: +7 (495) 662-88-88 ext. 13-147

 e-mail: Maria.Yazeva@x5.ru (mailto:Maria.Yazeva@x5.ru)

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