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Changes in Shareholder structure

Moscow, Russia, 13 March 2023 – Detsky Mir Group (“Detsky Mir” or the “Company”, MOEX: DSKY), a specialised retailer and the leader in the children’s goods sector in Russia and Kazakhstan, has been informed that Dmitry Klenov sold his entire stake in the Company to unidentified third party, not related to any other current large shareholder of the Company.

Mr Klenov had entered into a definitive agreement with the third party on the sale of his 10% stake in October 2022. Following the receipt of all the necessary approvals the transaction was completed on March 10 2023.

As a result of the transaction, Mr Klenov no longer holds any interest in respect to the PJSC Detsky mir, whether directly or indirectly, which aligns with his previously highlighted intention to wind down investments in Russian businesses.

For additional information:

Nikita Moroz

Head of Investor Relations

Tel.: + 7 495 781 08 08, ext. 2315

Natalya Rychkova

Head of Public Relations                

+7 495 781 0808, ext. 2041