Press Release | St. Petersburg | 1 March 2022

Lenta IPJSC: Publication of 2021 Annual Report

St. Petersburg, Russia, 1 March 2022: Lenta IPJSC (LSE: LNTA, MOEX: LNTA & LENT), one of the largest retail chains in Russia, today published its annual report and consolidated financial statements for the year ended 31 December 2021 (the "Annual Report").

In accordance with Listing Rule 14.3.6, an electronic copy of the Annual Report has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

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About Lenta

Lenta IPJSC (LSE: LNTA, MOEX: LNTA & LENT) is a leading Russian multi-format food and FMCG retailer. The company operates hypermarkets, supermarkets, and recently launched a new proximity store format under the brand Mini Lenta. It also provides customers the option to shop online via its click-and-collect and express delivery services. Lenta is Russia's largest hypermarket operator and the fourth largest food retailer overall by Sales. The company was founded in 1993 in St. Petersburg and as of December 31, 2021, operated 254 hypermarkets and 503 supermarkets and Lenta Mini stores in 89 cities across Russia, with more than 1.75 million square meters of Selling Space. The average Lenta hypermarket has approximately 5,500 square meters of Selling Space, the average Lenta supermarket has 800 square meters, and the Mini Lenta format is 500 meters on average. The company operates 14 distribution centers to supply all its stores. 2021 Revenues were RUB 484 billion (approximately USD 6.5 billion).