Cian Group Completes Registration of Holding Company in Russia

Nicosia, Cyprus, September 24, 2024 - Cian PLC (MOEX: CIAN) ("Cian", the "Group" or the "Company"), a leading online real estate classifieds platform in Russia, further to its announcement made on 27 August 2024, gives notice that, on 24September 2024, Cian Technology Ltd(the former name of the Company), the holding company of the Group, was registered under the name of International Joint-Stock Company CIAN TECHNOLOGY LTD (the short name of the company is MKAO CIAN) in the Special Administrative Region on the Oktyabrsky Island, Kaliningrad, Kaliningrad region, Russian Federation, thereby completing the key step of its redomiciliation to Russia. The remaining steps are of a technical nature and are expected to be completed in due course.

As previously announced, further plans include conversion of MKAO CIAN into an international public joint-stock company (MKPAO) and making a public exchange offer addressed, subject to applicable regulatory restrictions, to other shareholders of the Company. The Company intends to be in a position to make such exchange offer by the end of this year. The launch of such exchange offer will be announced separately following the completion of the necessary preparations.

This announcement is made for information purposes only and does not constitute any recommendation, advice or commitment by the Group. Shareholders are reminded that they are not required to take any actions in connection with the information in this announcement. Any investment decision shall be made on the basis of more concrete information to be published by or on behalf of the Group in due course.

About Cian
Cian is a leading online real estate classifieds platform in the large, underpenetrated and growing Russian real estate classifieds market, with a strong presence across Russia and leading positions in the country's key metropolitan areas. The Company ranks among the top 10 most popular online real estate classifieds globally in terms of traffic (based on SimilarWeb traffic data for August 2024). Cian's networked real estate platform connects millions of real estate buyers and renters to millions of high-quality real estate listings of all types -residential and commercial, primary and secondary, urban and suburban. In the first half of 2024, the Company had 1.9 million listings available through its platform and a monthly audience with an average UMV of 19.0 million. Through its technology-driven platform and deep insights into the Russian real estate market the Company provides an end-to-end experience for its customers and users and helps them address multiple pain points on their journey to a new home or place to work.
Source: Cian PLC

Forward-Looking Statements
Some of the information contained in this announcement may contain forward-looking statements. All statements, other than statements of historical facts, that are included in this announcement, as well as statements made in presentations, in response to questions or otherwise, that address activities, events or developments that the Group expects or anticipates to occur in the future (often, but not always, through the use of words or phrases such as "forecasts", "anticipates," "estimates," "expects," "believes," "intends," "plans," "may," "will,", "would", "should", "strives", "continues", "assumes", "projects" and similar expressions) are forward-looking statements. Although the Group believes and it is the Group's understanding that in making any such forward-looking statement its respective expectations are based on reasonable assumptions, any such forward-looking statement involves uncertainties that could cause the actual results to differ materially from those projected in such forward-looking statement.

The Group does not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Accordingly, the Company's shareholders should not place undue reliance on these forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, subject to applicable law, none of the Group's members undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Group to predict all of them; nor can the Group assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

Investor contacts:
Daria Fadeeva
[email protected]

Media contacts:
Olga Podoliaka
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