23 April 2024

Moscow court postpones ruling over claim to suspend X5 Retail Group N.V.’s corporate rights in its Russian subsidiary

Amsterdam, 23 April 2024 – X5 Retail Group N.V. (“X5” or the “Company”, LSE and MOEX ticker: FIVE), which operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that the Arbitration Court of the Moscow Region (the “Court”) has adjourned its hearing regarding a claim brought by the Ministry of Industry and Trade of the Russian Federation to suspend the Company’s corporate rights in its Russian subsidiary, X5 Corporate Centre LLC.

The Court has scheduled the next hearing for 25 April 2024.