Results of Noteholders' Consent Solicitation

December 13, 2022

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

MOSCOW, Russia - Mobile TeleSystems Public Joint Stock Company ("MTS" or "the Company") (MOEX: MTSS), a leading provider of digital and media services and Russia's largest mobile operator, announces the consent solicitation results for its outstanding U.S.$500,000,000 5 per cent. notes due 2023.

On 21 November 2022, the Company announced a consent solicitation in relation to the Notes on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 21 November 2022.

The Company hereby declares that at the Meeting held at 1.00 p.m. (London time) on 13 December 2022 in connection with the Consent Solicitation, the Extraordinary Resolution has been duly passed and has become effective.

Pursuant to the terms of the Extraordinary Resolution, amongst other things, the 30 November 2022 coupon payment under the Notes will be paid by the Company in accordance with the Amended Payment Mechanics within sixty (60) calendar days from 30 November 2022, that is by 30 January 2023.

Questions and requests in connection with the Consent Solicitation should be directed to the Company:

MTS PJSC

4, Marksistskaya Street

109147 Moscow, Russian Federation

Email: kazna@mts.ru

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For further information, please contact in Moscow:

Investor Relations Department

Mobile TeleSystems Public Joint Stock Company

Tel: +7 495 223 2025

E-mail: ir@mts.ru

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Mobile TeleSystems Public Joint Stock Company ("MTS" - MOEX: MTSS) is Russia's largest mobile operator and a leading provider of network-native digital services. The company offers a full range of solutions for consumers and business customers across wireless and wireline connectivity; over-the-top, linear, and satellite television; digital-first banking and financial services; as well as unified communications, cloud computing and IoT. There are more than 88 million mobile subscribers using MTS services across the company's operations in Russia, Armenia, and Belarus, including around 80 million subscribers in Russia alone. In addition, MTS has a nationwide network of more than 5,400 owned and franchised retail outlets in Russia, and provides nearly 10 million clients with broadband, TV, and/or fixed-line telephone connectivity, over 10 million users - with OTT and pay TV services. The number of ecosystem clients exceeds 12 million and MTS Bank client base is over 3 million. MTS is majority-owned by Sistema PJSFC, a publicly-traded Russian investment company. MTS's shares are listed on the Moscow Exchange under the ticker MTSS. For more information, please visit the company's Investor Relations website at ir.mts.ru.

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MTS - Mobile TeleSystems OJSC published this content on 13 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2022 16:04:07 UTC.