REG - X5 Retail Group N.V - X5 Retail Group N.V. to hold AGM on 30 June 2023

X5 Retail NVAnnouncement

31/05/2023 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230531:nRSe2238Ba&default-theme=true

RNS Number : 2238B  X5 Retail Group N.V.  31 May 2023

X5 RETAIL GROUP N.V. TO HOLD AGM ON 30 JUNE 2023

Amsterdam, 31 May 2023 - 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 the date of its annual general meeting of shareholders (the "AGM") and published its 2022 Annual Report, which provides an overview of the Company's financial and operating performance in 2022.

 

X5 invites the Company's shareholders and holders of global depository
receipts to X5's Annual General Meeting of Shareholders. The AGM will be held
at Zuidplein 196, 1077 XV Amsterdam, The Netherlands at 11.00 am CET on
Friday, 30 June 2023.

 

The record date for shareholders eligible to participate in the AGM is 2 June
2023.

 

Agenda items to be discussed at the AGM include:

·      Report of the Management Board for the financial year 2022;

·      2022 Remuneration Report;

·      Proposal to adopt the 2022 Financial Statements with explanation
of the status of the independent auditor's report;

·      Remuneration policy for the Supervisory Board;

·      Re-appointment of Igor Shekhterman, Frank Lhoest and Quinten Peer
as members of the Management Board;

·      Re-appointment of Peter Demchenkov as member of the Supervisory
Board.

 

The full AGM agenda, including explanatory notes, is available on the X5
website at:

https://www.x5.ru/en/about/general-meeting-of-shareholders/
(https://www.x5.ru/en/about/general-meeting-of-shareholders/)

X5's Annual Report for the financial year 2022 is available on the Company's
website at:

https://www.x5.ru/en/investors/annual-reports
(https://www.x5.ru/en/investors/annual-reports/) /

 

Note to Editors:

X5 Retail Group N.V. (LSE and MOEX: FIVE; Expert RA - ruAAA; ACRA - AAA(RU))
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,
5Post and Mnogo Lososya.

As of 31 March 2023, X5 had 21,760 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 19,549 Pyaterochka
proximity stores, 956 Perekrestok supermarkets, 591 Chizhik hard discounters
and 596 Krasny Yar and Slata stores. The Company operates 55 DCs and 4,490
Company-owned trucks across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 345
thousand people.

For the full year 2022, revenue totalled RUB 2,605,232 million (USD 38,005
million*), EBITDA pre-IFRS 16 reached RUB 186,788 million (USD 2,725
million*), and net profit pre-IFRS 16 for the period amounted to RUB 52,248
million (USD 762 million*). In Q1 2023, revenue totalled RUB 696,364 million
(USD 6,569 million**), adjusted EBITDA pre-IFRS 16 reached RUB 40,236 million
(USD 553 million**), and net profit pre-IFRS 16 amounted to RUB 12,172 million
(USD 167 million**).

 

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 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 Group N.V. speak
only as of the date of this announcement. Save as required by any applicable
laws or regulations, X5 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: 68.5494 USD/RUB

** FX rate: 72.7738 USD/RUB

 

 For further details please contact:
 Polina Ugryumova                                                 Maria Yazeva

 Head of Corporate Finance and IR                                 Investor Relations Officer

 Tel.: +7 (495) 662-88-88 ext. 13-312                             Tel.: +7 (495) 662-88-88 ext. 13-147

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NOAZZGFKKMNGFZM