X5 Board of Directors approved the dividend policy

Board of Directors of IKS 5 Corporate Center approved the dividend policy for the four-year period. When making recommendations on dividend payments, the Board of Directors will proceed from the volume of free cash flow with the target value of the consolidated net debt/EBITDA ratio as of the end of the current year, during which the payment is planned, at the level of not less than 1.2x and not more than 1.4x.