Notification of Effective Delisting of ADRs from NYSE

August 23, 2022

MOSCOW, Russia – Mobile TeleSystems Public Joint Stock Company (“MTS” or “the Company”) (MOEX: MTSS), a leading provider of digital and media services and Russia’s largest mobile operator, has received confirmation from the New York Stock Exchange (“NYSE”) that the Company’s American Depositary Receipts (“ADRs”) were delisted from the NYSE effective August 8, 2022.

As previously disclosed, MTS had received a delisting notification from the NYSE about the commencement of proceedings to delist the ADRs, each representing two ordinary shares of the Company.

Under the terms of the Deposit Agreement, the conversion of the ADRs into MTS’s ordinary shares shall be completed within six months after July 12, 2022, i.e., by January 12, 2023 (inclusive), subject to newly enacted laws and regulations by various authorities that may accelerate or delay this anticipated timeline.