1 December 2022

X5 completes RUB 20 bln corporate bond offering

Moscow1 December 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, has successfully completed its 002P-02 series rouble-denominated bond offering in the amount of RUB 20 billion, issued by X5 Finance LLC.

The coupon rate for the bonds, which have a 2.5-year put option, was set at 8.9% per annum. The Company plans to use the proceeds to finance current expenses, including debt refinancing.

The placement drew strong interest from institutional and retail investors.

The offering was arranged by Gazprombank, Credit Bank of Moscow, Bank Sinara, Region BC, RRDB.