IFRS auditor

Centre for Audit Technologies and Solutions Limited Liability Company, a member of the Self-Regulatory Organisation of Auditors Association “Sodruzhestvo” (SRO AAC) (Centre for Audit Technologies and Solutions LLC is included in the control copy of the register of auditors and audit organisations with the registration number ORNZ 12006020327) and a leading professional services firm, is the auditor of the Company’s consolidated financial statements prepared in accordance with the International Financial Reporting Standards (IFRS).

Centre for Audit Technologies and Solutions LLC (previously Ernst & Young LLC) has been auditing the IFRS consolidated statements of PJSC Magnit and its subsidiaries since 2010. The partner of Centre for Audit Technologies and Solutions LLC is Ilya Ananyev.

In the reporting year, the auditor inspected the IFRS consolidated financial statements of PJSC Magnit and its subsidiaries for 2022. Based on the results of the audit, the auditor expressed an opinion on the accuracy of the IFRS consolidated financial statements for 2022.

The auditor’s total remuneration paid by the Group in 2022 amounted to RUB 88.43 mln (excluding VAT). The auditor’s fees were charged for audit and audit-related services, including RUB 88 mln charged for the statutory audit and review of the consolidated financial statements of the Company.

These amounts include payments for services the auditor was hired for in 2021 and which were completed in 2022.