MOSCOW, Russia � MTS (NYSE: MBT; MOEX: MTSS), Russia�s leading mobile connectivity and digital services provider, announces the decisions reached at the meeting of the Board of Directors (�the Board�) held on April 9, 2020.

At the meeting, the Board set June 24, 2020 as the date of the Company�s Annual General Meeting of Shareholders (�the AGM�), which will be conducted remotely via online and mail-in voting. The record date for the Company�s shareholders and ADR-holders entitled to participate in the AGM has been set for June 1, 2020.

At the meeting, the Board also took the following decisions:

�                                 The Board recommended that the AGM approve annual dividends of RUB 20.57 per ordinary MTS share (RUB 41.14 per ADR), or a total of RUB 41.1 billion (RUB 41,106,345,649.27), based on the Company�s full-year 2019 financial results.

�                                 The Board recommended that the AGM set the record date for shareholders and ADR-holders entitled to receive dividends for the 2019 fiscal year for July 9, 2020.

In addition, the Board dissolved the Budget Committee and approved the compositions of the following committees:

�                                 Strategy Committee: Alexey Katkov (Chairman), Antonios Antoniou, Artem Zassoursky, Alexey Kornya, Regina von Flemming, Vsevolod Rozanov, Alexander Gorbunov, and Vladimir Travkov.

�                                 Corporate Governance Committee: Vsevolod Rozanov (Chairman), Antonios Antoniou, Artem Zassoursky, Thomas Holtrop, Alexey Kornya, Ruslan Ibragimov, Andrey Shmakov, and Alexey Barsegyan.

�                                 Special Committee on Compliance Matters: Thomas Holtrop (Chairman), Antonios Antoniou, Regina von Flemming, Vsevolod Rozanov, Artem Zassoursky, Leida Lukianova, and Alexey Barsegyan.

Matters submitted to the AGM agenda by the Board include:

�                                 Approval of the MTS PJSC Annual Report; MTS PJSC Annual Financial Statements, including MTS PJSC Profit & Loss Statement; and distribution of profits and losses of MTS PJSC based on FY 2019 results (including payment of dividends);

�                                 Election of members of the Board of Directors;

�                                 Election of members of the Audit Commission;

�                                 Approval of the Company�s auditor;

�                                 Approval of the Regulations on the Board of Directors as amended and restated; and

�                                 Approval of MTS�s membership in certain non-commercial organizations.

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For further information, please contact in Moscow:

Investor Relations Department

Mobile TeleSystems PJSC

Tel: +7 495 223 2025

E-mail: ir@mts.ru