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The information contained in the following pages is restricted and is not for release, publication to, distribution in, or into, any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

The information and documents contained on this website are addressed to, and intended solely for, persons who are owners of the issued and outstanding ordinary shares of PJSC Mobile TeleSystems (“MTS”), nominal value 0.1 ruble per share (the “Shares”) and, with respect to Shares held on the depo programme custody account, JPMorgan Chase Bank N.A as a depositary bank (collectively, the “Shareholders”).

THE INFORMATION CONTAINED ON THIS WEBSITE IS NOT INTENDED TO, AND DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER TO PURCHASE OR AN INVITATION TO MAKE OFFERS TO PURCHASE, EXCHANGE OR SUBSCRIBE FOR ANY SECURITIES IN ANY JURISDICTION. The DOCUMENTS AND INFORMATION contained On this website DOES NOT CONSTITUTE A PROSPECTUS OR A PROSPECTUS EQUIVALENT DOCUMENT.

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LLC “STREAM DIGITAL” (THE “PURCHASER”) IS NOT MAKING THE TENDER OFFER TO, AND WILL NOT ACCEPT ANY TENDERED SHARES FROM, SHAREHOLDERS IN ANY JURISDICTION WHERE IT WOULD BE ILLEGAL TO DO SO.

THE TENDER OFFER IS NOT BEING MADE, DIRECTLY OR INDIRECTLY, OR BY USE OF THE MAILS OF, OR BY OTHER MEANS (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION, EMAIL, TELEX AND TELEPHONE), OR VIA ANY FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE THE MAKING OF THE TENDER OFFER WOULD CONSTITUTE VIOLATION OF THE LAWS OF SUCH JURISDICTION. COPIES OF THE TENDER OFFER MEMORANDUM ARE NOT BEING AND MUST NOT BE MAILED OR OTHERWISE DISTRIBUTED OR SENT IN OR INTO ANY SUCH JURISDICTION, INCLUDING TO SHAREHOLDERS WITH REGISTERED ADDRESSES IN THESE JURISDICTIONS OR TO PERSONS WHOM THE PURCHASER OR MTS KNOW TO BE TRUSTEES, NOMINEES OR CUSTODIANS HOLDING SHARES FOR SUCH PERSONS.

NEITHER THE SEC NOR ANY U.S. STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE TENDER OFFER OR PASSED UPON THE MERITS OF FAIRNESS OF THE TENDER OFFER OR PASSED UPON THE ADEQUACY OF THE INFORMATION CONTAINED IN THE TENDER OFFER MEMORANDUM. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE.

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THE TENDER OFFER DOES NOT CONSTITUTE THE SOLICITATION OF AN OFFER TO SELL SECURITIES IN ANY CIRCUMSTANCES IN WHICH SUCH SOLICITATION IS UNLAWFUL. NEITHER THE DELIVERY OF THE TENDER OFFER MEMORANDUM NOR ANY PURCHASE OF SHARES SHALL, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT THE INFORMATION CONTAINED IN THE TENDER OFFER MEMORANDUM IS CURRENT AS OF ANY TIME SUBSEQUENT TO THE DATE OF SUCH INFORMATION.

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