Directorate Change

24 December 2019

Changes in the Board of Directors

Mail.ru Group Limited (LSE: MAIL, hereinafter referred as "Mail.ru Group" or the "Company"), one of the largest Internet companies in the Russian-speaking Internet market, today announces changes in the Board of Directors of the Company.

Following nomination from MF Technologies ("MFT"), Lev Khasis, First Deputy Chairman of the Executive Board of Sberbank, was appointed as new Director to the Board of the Company, replacing Alan Vaksman.

For further information please contact:

Investors

Tatiana Volochkovich

Phone: +7 495 725 6357 extension: 3434

Mobile: +7 905 594 6604

E-mail: [email protected]

Press

Ksenia EgorovaMobile: +7 (925) 347-83-81E-mail: [email protected]

About Mail.ru Group

Mail.ru Group (MAIL, listed since November 5, 2010) is the largest internet business in Russia in terms of total daily audience (Mediascope Web Index Desktop+Mobile, Russia 0+, population aged 12-64, September 2019).

Mail.ru Group is developing the leading domestic internet communications and entertainment platform. The company owns Russia's two largest Russian language social networks, VKontakte (VK) and Odnoklassniki (OK), leading email service, one of Russia's largest internet portals (Mail.ru), and four instant messaging services. Mail.ru Group's gaming portfolio under MY.GAMES brand includes Russia's largest MMO games and global mobile games. In 2019, Mail.ru Group Tech Lab was launched with a primary focus on technology and innovation development.

Mail.ru Group is a shareholder of AliExpress Russia JV along with Alibaba Group, MegaFon and Russian Direct Investment Fund. The company partners with Sberbank to jointly develop O2O service platform targeting food delivery and taxi markets.