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PRESS RELEASE DIXY AND SBERBANK FACTORING IMPROVE SERVICE QUALITY FOR SUPPLIERS Moscow, Russian Federation, September 4, 2017 Sberbank Factoring and DIXY retail chain signed a supplementary agreement on electronic workflow with legally significant delivery confirmation. The chain’s wide geography and the large number of suppliers requires an accelerated process of notification documents signing and delivery verification. The agreement signed with Sberbank Factoring will allow the retailer to set up a unified system and algorithm for supplier interactions. Online interaction with the Factor will allow to ensure meaningful development and improve the efficiency of the retail chain’s business processes. Transfer to electronic workflow is an important stage in the development of the relations between DIXY and Sberbank Factoring. “By switching to the use of online platforms in our int eractions with various retail chains we considerably reduce the timeframes of document delivery and processing, deal formalization, and issue of funds. By signing such agreement DIXY helps to create the conditions for the most comfortable and fast use of factoring financing for its supplier,” says Sberbank Factoring Head of Major Business Relations Galina Ignatieva. Background: DIXY Group (MICEX: DIXY) is one of Russia’s leading companies in food and fast moving consumer goods retail. As of June 30, 2017 the Company operated 2,717 stores, including 2,550 DIXY neighborhood stores, 127 Victoria stores and 40 compact hypermarkets MegaMart and MiniMart, located in 754 Russian towns and settlements. The Group’s footprint covers four Federal Districts of Russia: Central, North-West and Urals, as well as Kaliningrad and the Kaliningrad Region. In 2016, DIXY Group’s total revenue amounted to RUR 311 billion. PJSC DIXY Group’s shares are traded in the Moscow Exchange since 2007. Sberbank Factoring LLC is a 100% subsidiary of Sberbank PLC.

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Page 1: PRESS RELEASE - dixygroup.com/media/Files/D/Dixy/press-release/2017Eng... · PRESS RELEASE DIXY AND SBERBANK FACTORING IMPROVE SERVICE QUALITY FOR SUPPLIERS Moscow, Russian Federation,

PRESS RELEASE

DIXY AND SBERBANK FACTORING IMPROVE SERVICE QUALITY

FOR SUPPLIERS

Moscow, Russian Federation, September 4, 2017

Sberbank Factoring and DIXY retail chain signed a supplementary agreement on electronic

workflow with legally significant delivery confirmation.

The chain’s wide geography and the large number of suppliers requires an accelerated process of

notification documents signing and delivery verification. The agreement signed with Sberbank

Factoring will allow the retailer to set up a unified system and algorithm for supplier interactions.

Online interaction with the Factor will allow to ensure meaningful development and improve the

efficiency of the retail chain’s business processes.

Transfer to electronic workflow is an important stage in the development of the relations between

DIXY and Sberbank Factoring.

“By switching to the use of online platforms in our interactions with various retail chains we

considerably reduce the timeframes of document delivery and processing, deal formalization, and issue

of funds. By signing such agreement DIXY helps to create the conditions for the most comfortable and

fast use of factoring financing for its supplier,” says Sberbank Factoring Head of Major Business

Relations Galina Ignatieva.

Background:

DIXY Group (MICEX: DIXY) is one of Russia’s leading companies in food and fast moving consumer goods retail.

As of June 30, 2017 the Company operated 2,717 stores, including 2,550 DIXY neighborhood stores, 127 Victoria

stores and 40 compact hypermarkets MegaMart and MiniMart, located in 754 Russian towns and settlements.

The Group’s footprint covers four Federal Districts of Russia: Central, North-West and Urals, as well as Kaliningrad and

the Kaliningrad Region.

In 2016, DIXY Group’s total revenue amounted to RUR 311 billion.

PJSC DIXY Group’s shares are traded in the Moscow Exchange since 2007.

Sberbank Factoring LLC is a 100% subsidiary of Sberbank PLC.

Page 2: PRESS RELEASE - dixygroup.com/media/Files/D/Dixy/press-release/2017Eng... · PRESS RELEASE DIXY AND SBERBANK FACTORING IMPROVE SERVICE QUALITY FOR SUPPLIERS Moscow, Russian Federation,

The company started its operations in December 2014 and engages in factoring transactions for Clients in all

economic sectors in the small, medium, and large business segments.

Sberbank Factoring LLC provides state-of-the-art supply financing technologies that facilitate the

development of Russian business due to capital turnover acceleration. The company has regional

representative offices in Saint Petersburg, Rostov-on-Don, Voronezh, Ekaterinburg, Kazan, and Nizhny

Novgorod.

Sberbank Factoring LLC is a full member of the Association of Russian Factors (ARF) which unites key

players of the Russian factoring market.

Contacts:

Vladimir Rusanov

Press Service

+7 495 223 3337 (ext. 2132)

+7 903 629 56 03

[email protected]

[email protected]

http://www.dixygroup.com