31 August 2022

Andrey Kalmykov appointed general director of Perekrestok supermarket chain

Moscow, 31 August 2022 – X5 Retail Group N.V. (“X5” or the “Company”, LSE and MOEX ticker: FIVE), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces the appointment of Andrey Kalmykov as General Director of Perekrestok.

Andrey Kalmykov brings over 25 years of experience in managing large companies. Prior to X5, he was CEO of Pobeda Airlines, which he steered to become the most popular and efficient air carrier in Russia. Before that, he held the position of Deputy CEO at Aeroflot, worked at Russia’s Ministry of Transport and headed Sunrise Tour, a major travel company.

Igor Shekhterman, CEO of Х5, commented: “I am delighted to welcome Andrey to X5 Group. We believe there is ample potential in the further development of the supermarket segment and want to reinforce Perekrestok’s leading positions on the Russian market. I am confident that Andrey’s personal qualities and professional competencies – in particular, his ability to create a unique customer value proposition, motivate the team and deliver results – will help advance our strategy in the supermarket segment. I would like to extend my thanks to our Strategic Marketing Director, Vladimir Sadovin, who helped manage the chain for the past several months.”

Andrey Kalmykov commented: “I am happy to become part of the X5 team. Perekrestok was Russia’s first supermarket and has grown into the largest retail chain in its segment. My aim is to make Perekrestok the most efficient supermarket possible, featuring a unique assortment and high product quality.”