REG - X5 Retail Group N.V - X5 Retail Group NV to hold EGM on 30 November 2022

X5 Retail NVAnnouncement

19/10/2022 15:30

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RNS Number : 4541D  X5 Retail Group N.V.  19 October 2022

X5 RETAIL GROUP N.V. TO HOLD EGM ON 30 NOVEMBER 2022

Amsterdam, 19 October 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, invites the Company's
shareholders and holders of its global depository receipts to an Extraordinary
General Meeting of Shareholders (the 'EGM'), to be held at Zuidplein 196, 1077
XV Amsterdam, The Netherlands at 11.00 am CET on Wednesday, 30 November 2022.

 

The record date for shareholders eligible to participate in the EGM is 2
November 2022.

 

Agenda items to be discussed at the EGM include:

·      Composition of the Supervisory Board

o  Appointment of Dmitry Alekseev as member of the Supervisory Board

o  Appointment of Vasileios Stavrou as member of the Supervisory Board

o  Appointment of Leonid Afendikov as member of the Supervisory Board

·      Amendment of the remuneration policy for members of the
Management Board

·      Amendment of the remuneration policy for members of the
Supervisory Board

 

The full EGM 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/)

 

 

 

 

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 30 September 2022, X5 had 20,227 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 18,865
Pyaterochka proximity stores, 972 Perekrestok supermarkets and 316 Chizhik
hard discounters. The Company operates 52 DCs and 4,247 Company-owned trucks
across the Russian Federation.

X5 is one of the largest employers in Russia. The Company employs over 325
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*). In H1 2022, revenue totalled RUB 1,252,180 million
(USD 16,412 million**), adjusted EBITDA pre-IFRS 16 reached RUB 104,909
million (USD 1,375 million**), and net profit pre-IFRS 16 amounted to RUB
33,731 million (USD 399 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: 73.6541 USD/RUB

** FX rate: 76.2975 USD/RUB

 

 For further details please contact:
 Varvara Kiseleva                                                 Maria Yazeva

 Head of Corporate Finance and IR                                 Investor Relations Officer

 Tel.: +7 (495) 662-88-88 ext. 27-300                             Tel.: +7 (495) 662-88-88 ext. 13-147

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

 

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