Information re forced conversion of GDRs of MD Medical Group Investments Plc into shares of MD Medical Group IPJSC

This release does not constitute the notice of the commencement date of the term for submission of applications for the forced conversion. The commencement date for the forced conversion will be announced additionally. More detailed information on the conversion procedure can also be found in a separate section on the Company's official website: https://www.mcclinics.com/investors/qa/

MD Medical Group IPJSC (“MD Medical”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, hereby informs holders of Global Depositary Receipts (GDRs) of MD MEDICAL GROUP INVESTMENTS PLC (ISIN US55279C2008), representing rights to shares of IPJSC “MD Medical Group” where such rights are recorded by foreign organisations, of the following.

On April 12, 2024 the Board of Directors of the Bank of Russia issued the decision (the “Decision”) to establish the procedure and deadlines for mandatory conversion of securities of foreign issuers certifying rights in respect of shares of joint-stock companies with the status of an international company into shares of such joint-stock companies. The Decision is available at www.cbr.ru/rbr/dir_decisions/rsd_2024-04-12_34_05.

It is expected that, in accordance with the Decision, the commencement date for the submission of applications for the forced conversion of GDRs into IPJSC shares will be the date one year after the state registration date of the IPJSC – May 28, 2025. The Company will notify GDR holders of this date via an announcement on its official website no later than three (3) business days prior to the specified date. Furthermore, the commencement date for the submission of applications for forced conversion will be disclosed on the official website of the depositary holding the depo account for the depositary programmes used to record rights to the IPJSC's shares – JSC “Rakurs Invest” – no later than three (3) business days prior to the date. Accordingly, GDR holders are advised to follow announcements on the Company's official website (www.mcclinics.ru) and the depositary's official website (https://rakursinvest.ru/).

Currently, the depositary holding the depo account for the depositary programme used to record rights to the international company's shares, Joint-Stock Company “Rakurs Invest”, has published the Procedure for Forced Conversion of Securities of Foreign Issuer, Certifying Rights in respect of Shares of International Company in accordance with Art. 5 of Federal Law No. 452-FZ dated August 4, 2023 (the “Rules”), applicable to international companies for which JSC “Rakurs Invest” acts as the depositary (including the IPJSC). The Rules are available at: https://rakursinvest.ru/services/conversion/?lang=en.

GDR holders are advised to examine the forced conversion procedure and the rules in advance and to begin preparing the documents required to be attached to the application for forced conversion.

About MD Medical Group

MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 65 state-of-the-art healthcare facilities, including 11 multidisciplinary hospitals and 54 out-patient clinics in 31 regions of the Russian Federation. In 2024, MD Medical Group's revenue amounted to RUB 33.1 bln while EBITDA – RUB 10.7 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).