MTS Announces New Managerial Appointments

October 23, 2023
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, announces the appointment of Evgeny Chereshnev to the post of Member of the Management Board, Vice President for Strategy and Innovation. Valentina Nudga has been appointed Member of the Management Board, Vice President for Corporate and Legal Affairs – a post previously held by Alexey Barsegian.

Evgeny Chereshnev previously held the position of Executive Director for Strategy and Innovative Development at MTS RED (Cybersecurity Block). He is the founder of Future Crew and an international expert in artificial intelligence, data management and cybersecurity.

Prior to joining MTS, he was Executive Vice President for Digital Business and a member of the Management Board of Vimpelcom. In 2017, he founded BiolinkTech and became its CEO. He is the author of 6 international patents in fields of his specialization and the author of the bestselling book “Life Form #4: How to Stay Human in the Age of Artificial Intelligence”.

Valentina Nudga joins MTS from the European energy company Fortum, where for 7 years she held the position of Deputy General Director for Corporate and Legal Affairs and Compliance Control at the company’s Russian division.

Valentina has extensive expertise managing operational and strategic processes and developing various aspects of legal support of business operations, both from scratch and through improvement of existing business processes. She has been involved in implementing major Russian and international projects in various industries.

She previously worked as Director of Legal Support at Megafon-Retail and Director of Legal Affairs at Yota. She graduated from the Law Faculty of St. Petersburg State University in 1998.

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For further information, please contact in Moscow:
Investor Relations Department
Mobile TeleSystems Public Joint Stock Company
Tel: +7 495 223 2025
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Mobile TeleSystems Public Joint Stock Company (“MTS” – MOEX: MTSS) is Russia’s ecosystem providing network-native digital services and largest mobile operator. 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 unified communications, cloud computing and IoT. There are more than 88 million mobile subscribers using MTS services across the company’s operations in Russia, Armenia, and Belarus, including more than 80 million subscribers in Russia alone. In addition, MTS has a nationwide network of more than 4,700 owned and franchised retail outlets in Russia, and provides nearly 10 million clients with broadband, TV, and/or fixed-line telephone connectivity, over 11.7 million users – with OTT and pay TV services. The number of ecosystem clients exceeds 14 million. MTS’s shares are listed on the Moscow Exchange under the ticker MTSS. For more information, please visit the company’s Investor Relations website at

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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 harbour 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 the ongoing geopolitical situation relating to the conflict in Ukraine, the expansion of sanctions imposed on the Russian Federation by the United States, European Union and United Kingdom, volatility in interest and exchange rates (including fluctuations of the value of the Russian ruble against the U.S. dollar and the Euro), 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.
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