“We are pleased to announce that Fix Price continues to increase its storage space to support regional expansion in line with the Company’s development strategy. This is our second warehouse in Yekaterinburg. It will service the Ural and Siberian federal districts, cover our storage needs in the Kazakhstan market, and boost our ability to offer a full range of products in due time for years to come."

Dmitry Kirsanov, CEO of Fix Price

About the Company

Fix Price (LSE and MOEX: FIXP) – one of the leading variety value retailers globally and the largest in Russia, has helped its customers save money every day since 2007. Fix Price offers its customers a unique and constantly refreshed product assortment of non-food goods, personal care and household products and food items at low fixed price points.

As of 30 June 2022, Fix Price operated 5,267 stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. As of June 2022, the Company operated 8 DCs covering 80 Russian regions and 6 other countries.

In 2021, the Company recorded revenue of RUB 230.5 billion, EBITDA of RUB 44.2 billion, and net profit of RUB 21.4 billion, in accordance with IFRS.

Contacts

Fix Price Investor Relations

Fix Price Media Relations

Elena Mironova

Ekaterina Charushina