Moscow, Russia (26 March 2020) — Public Joint Stock Company “MegaFon”, a pan-Russian operator of digital opportunities (“MegaFon” or the “Company”), hereby announces that it has been notified that USM Telecom LLC (“USM Telecom”) has purchased 184 029 380 ordinary shares of MegaFon, representing a 29.68% interest in the Company’s share capital, from MegaFon Finance LLC, a wholly-owned subsidiary of the Company (“MegaFon Finance”), on 25 March 2020.