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

X5 Retail NVAnnouncement

25/03/2022 11:30

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RNS Number : 0752G  X5 Retail Group N.V.  25 March 2022

MICHAEL KUCHMENT STEPS DOWN FROM X5 SUPERVISORY BOARD

Amsterdam, 25 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
Michael Kuchment has resigned as Member of the X5 Supervisory Board with
effect from 25 March 2022.

 

 

 

 

 

 

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Fitch, BB+; Moody's, Ba1; S&P,
BB+; RAEX, ruAA+ as of 31 December 2021) 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 4,654 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 2021, revenue totalled RUB 2,204,819 million (USD 29,935
million*), EBITDA pre-IFRS 16 reached RUB 161,024 million (USD 2,186 million),
and net profit pre-IFRS 16 for the period amounted to RUB 48,513 million (USD
659 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: 73.6541 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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