Magnit Announces the Results of the Board Meeting DJ Magnit Announces the Results of the Board Meeting MAGNIT PJSC (MGNT) Magnit Announces the Results of the Board Meeting 17-May-2021 / 19:40 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- Magnit announces the results of the Board meeting Krasnodar, Russia (17 May, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the results of the Board of Directors meeting held on May 17, 2021 (minutes are w/o No. of May 17, 2021). The Board of Directors of the Company has approved the calculations for the implementation of the Long-Term Incentive