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MTS Appoints Media VP

September 10, 2019

MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading telecommunications operator and digital services provider, announces the appointment of Igor Mishin as Vice President overseeing the group’s media development.

“Igor will head MTS’s new strategic media business vertical. MTS is a unique Russian company, which is developing a full spectrum of branded channels for content delivery—including cable and IPTV, satellite, and the MTS TV mobile app,” MTS President & CEO Alexey Kornya commented. “Igor brings deep business acumen and extensive expertise in the TV and film industry. In his new role, he will focus on developing MTS’s TV and digital media assets, building a leading interactive OTT platform featuring exclusive content that will be accessible across all of our channels.”

Biography

Igor Mishin

Igor Mishin is a renowned Russian producer and media personality. Over the past decade, he has produced popular TV shows and award-winning films. In addition, from 2014–2016 he served as General Director of TNT, one of Russia’s most-watched TV networks. He earlier worked as President of A-One Concept Media, Inc.; General Producer for TV Service CJSC (Muz-TV music channel); and General Director of Amedia.

Igor has played an active role in the launch of several major Russian media projects. He also regularly contributes to training workshops to help mentor the industry’s next generation of up-and-coming talent.

His memberships and titles include Vice President of the Russian Academy of Television; Member of the European Film Academy; Science & Technology Laureate of the Russian Federation; and Chairman of the Board of Trustees of the Outdoor Film Festival, the world’s largest open-sky movie watching event.

He holds a degree in Sociology from Ural State University.

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For further information, please contact in Moscow:

Investor Relations

Mobile TeleSystems PJSC

Tel: +7 495 223 2025

E-mail: ir@mts.ru

Learn more about MTS on the company’s Investor Relations website at ir.mts.ru

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Mobile TeleSystems PJSC (“MTS” – NYSE: MBT; MOEX: MTSS) is Russia’s largest mobile operator and a leading provider of network-native digital services. The company offers a full range of solutions for consumers and business customers across wireless and wireline connectivity; over-the-top, linear, and satellite television; digital-first banking and financial services; as well as cloud computing and IoT. By early 2021, there were more than 86 million mobile subscribers using MTS services across the company’s operations in Russia, Armenia, and Belarus, including around 78 million subscribers in Russia alone. In addition, MTS has a nationwide network of more than 5,000 owned and franchised retail outlets in Russia, and provides nearly 10 million households with broadband, TV, and/or fixed-line telephone connectivity. MTS is majority-owned by Sistema PJSFC, a publicly-traded Russian investment company. MTS’s depositary receipts are listed on the New York Stock Exchange under the ticker MBT and its shares on the Moscow Exchange under the ticker MTSS. For more information, please visit the company’s Investor Relations website at ir.mts.ru.

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Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,” “will,” “could,” “may” or “might,” and the negative of such terms or other similar expressions.  We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not undertake or intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company’s most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the severity and duration of current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic actions, including acquisitions and dispositions and our success in integrating acquired businesses, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, governmental regulation of the telecommunications industries and other risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.