This Annual Report was prepared by MTS PJSC solely for informational purposes and may contain statements based on projection data or actual forecasts. Such statements or forecasts relate to the matters other than historical facts or statements, and reflect the Company’s intentions, beliefs or current expectations concerning, inter alia, performance results, financial status, liquidity, efficiency, prospects, growth rates, strategies of the Company and industry in which it operates. The very nature of forward-looking statements and forecasts implies risk and uncertainty, since they relate to events and depend on circumstances that may or may not arise in the future. The Company cautions that statements based on projection data and forecasts do not guarantee future performance and that actual results, financial status and liquidity of the Company, as well as changes in the industry in which the Company operates may differ significantly from those stated or assumed in the statements based on projection data or forecasts contained in this Report. The factors that may lead to material differences between actual results and the assumptions contained in forward-looking statements or forecasts include the general economic conditions prevailing in the markets in which the Company operates, the competitive environment and risks associated with operating in such markets, market changes in the industry and related industries, as well as other risks affecting the Company and its activities. Moreover, even if the Company’s operating results, financial status and liquidity and the changes occurrng in the industry in which the Company operates match those set forth in the statements based on projection data or forecasts presented herein, those results or changes may not be illustrative of the results or changes in future periods. The Company does not accept any obligation to revise or confirm expectations or estimates, or update any forward-looking statements or forecasts to reflect the events or circumstances occurring or arising after the date of this Report.