Public Joint Stock Company Magnit announced that at its board meeting held on May 11, 2020, due to the refusal of Florian Jansen to be elected to the Board of Directors at the annual General Shareholders Meeting of PJSC Magnit (hereinafter - the AGM) to be held following 2019 results, the Board of Directors approved the new form and wording of the voting ballot on the 5th AGM agenda item ("Election of the PJSC Magnit Board of Directors members"), as well as the decision wording on this item of the agenda which shall be sent electronically to nominee shareholders registered in the PJSC Magnit shareholder register.