RU
3 December 2025

PJSC X5 corporate center receives AAA.ru credit rating from NCR, outlook ‘stable’

Moscow, 3 December 2025 – X5 (the “Company”, MOEX ticker: X5), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that the rating agency National Credit Ratings has assigned the highest credit rating of AAA.ru to the Company. The rating outlook is “stable.”

According to NCR, the main factors underlying X5’s rating included the Company’s leading market position and the stability of the markets where it operates, as well as low leverage and high level of liquidity. In addition, the agency noted a low level of shareholder risk and high standards of corporate governance at X5.