Ron Sommer Chairman of the Board of Directors of MTS OJSC

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1 Information on Candidates Placed on the Ballot as Nominees for the Board of Directors of Mobile TeleSystems Open Joint Stock Company at the Annual General Meeting of MTS OJSC Shareholders June 25, 2015 Ron Sommer Chairman of the Board of Directors of MTS OJSC Date of birth: 1949 Education: Mr. Sommer studied mathematics in the University of Vienna, receiving his doctorate in : First Vice-President of JSFC Sistema, Head of the Telecommunication Assets Business Unit, Management Board member : Board of Directors member of WEATHER INVESTMENTS, Italy. In 2005 he joined the Board of Directors of JSFC Sistema as independent director, and also exercised functions of Chairman of the Committee for Investor Relations : member of the international consultancy Board of Blackstone Group : Board of Directors member of Motorola Inc., USA. In 2003 Mr. Sommer was elected Chairman of the International Consultative Board of JSFC Sistema, an advisory body that develops recommendations for strategic development and corporate governance : Chairman of the Management Board of Deutsche Telekom AG, Germany : President and COO of Sony Europe, Germany : President and COO of Sony Corporation in the USA. In 1986 Mr. Sommer became the Chairman of the Management Board of Sony Deutschland. In 1980 he joined the Sony Group as a Managing Director of its German subsidiary. Chairman of the Board of Directors of MTS OJSC since 2009, Chairman of the Strategy Committee and member of the Budget Committee of the Board of Directors of MTS OJSC. member of Supervisory Board of the company Munich Reinsurance since 1998, member of the Board of Directors of Tata Consultancy Services since 2006, Chairman of the Board of Directors of SISTEMA SHYAM TELESERVICES LIMITED since nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. 1

2 Andrey Dubovskov President MTS OJSC Date of birth: 1966 Education: graduated from the S.A. Gerasimov All-Union State Institute of Cinematography (VGIK) in present MTS OJSC President, Management Board Chairman UMC CJSC General Director (MTS Ukraine Business Unit) First Deputy of General Director of the UMC CJSC (MTS Ukraine) Director of MTS Ural Macro Region Director of MTS OJSC branch in Nizhny Novgorod Mr. Dubovskov has a wealth of experience in working for telecommunications companies. From 1993 onwards, he occupied a number of management positions in such companies as Millicom International Cellular S.A., Millicom International Cellular B.V., Regionalnaya Sotovaya Svyaz LLC and CJSC 800 as well as other companies in Moscow, Alma-Ata, Nizhny Novgorod, Perm and Kiev. From 2002 to 2004 he headed one of Tele2 Group companies in Nizhny Novgorod. Member of the Board of Directors of MTS OJSC since 2011, member of the Committee on Corporate Governance (to February 25, 2015 Committee on Corporate Governance and Ethics of the Board of Directors of MTS OJSC) and the Strategy Committee of the Board of Directors of MTS OJSC. Chairman of the Board of Directors of MGTS OJSC, Chairman of the Supervisory Board of MTS URKAINE PrJSC, member of the Board of Directors of Mobile TeleSystems JLLC, International Cell Holding LTD, Russian Telephone Company CJSC, director, Chairman of the Remuneration and Nominating Committee of SISTEMA SHYAM TELESERVICES LIMITED. Mr. Dubovskov has been nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. 2

3 Alexander Gorbunov Date of birth: 1967 Education: Graduated from the Moscow Engineering and Physics Institute, Experimental nuclear physics and plasma physics. Engineerphysicist, present time, Executive Vice-President of JSFC Sistema , Executive Vice President for Development of Telecommunications Assets of the Business Unit "Core Assets" of JSFC Sistema , Vice President for Strategy and Development of COMSTAR-OTS OJSC , Head of Corporate Development Department, Acting First Vice-President Head of Strategy and Development of JSFC Sistema; Member of the Board of Directors of MTS OJSC since February 2013, member of the Strategy Committee of the Board of Directors of MTS OJSC, since 2014 member of the Budget Committee of the Board of Directors of MTS OJSC Member of the Board of Directors of SISTEMA SHYAM TELESERVICES LIMITED, member of the Advisory Board of Ozon Holdings Ltd. Mr. Gorbunov has been nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. Sergey Drozdov Date of birth: 1970 Education: In 1993 graduated from the S. Ordzhonikidze State Academy of Management (GAU). Cand. sc. (Economics). Since April 2011 Senior Vice President, Head of the Corporate governance division, member of Management Board JSFC Sistema. from 2005 to 2011 served as Senior Vice President and Chief of the Property Complex of JSFC Sistema. First Vice President of Sistema in September 2002, He was appointed Acting First Vice President of Sistema on May 15, 2002, and Mr. Drozdov became head of the Corporation s Department of Corporate Property in April

4 from 1998 to 2002 served as Vice President, Acting President, and First Vice President of Sistema-Invest OJSC. He was the Executive Director of the Corporation s Department of Development and Investments from 1995 to 1998 and Mr. Drozdov was head of the financial innovations and marketing department at the City of Moscow s Property Fund from 1994 to Member of the Board of Directors of MTS OJSC since Chairman of the Committee on Corporate Governance of the Board of Directors of MTS OJSC (to February 25, 2015 Committee on Corporate Governance and Ethics of the Board of Directors of MTS OJSC). Chairman of the Deputy Chairman of the Board of Directors of MTS OJSC during , member of the Board of Directors of MTS OJSC during Mr. Drozdov has been Chairman of the Board of Directors of Reestr OJSC, Premier Avia OJSC, Jet Air Group OJSC, Mosdachtrest OJSC. Member of the Board of Directors of Bashneft OJSC, Region OJSC, RussNeft OJSC, Leader-Invest CJSC and other companies. Mr. Drozdov has been nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. Michel Combes Independent Director* Date of birth: 1962 Education: Ecole Polytechnique (leading French engineering school) & Ecole Nationale Supérieure des Télécommunications Engineer (French equivalent to a Master of Science) Université Paris Dauphine PhD Prelims in Corporate Strategy CNAM, Paris - PhD Prelims in Long Form Forecast Matters 2013 present time: Alcatel-Lucent SA, CEO : Vodafone, London, CEO Europe, Non-Executive Director Vodafone PLC : TDF (Télédiffusion de France), Paris, CEO : France Télécom, Paris, Senior Vice President & Group CFO : Assystem, Paris, CEO : Nouvelles Frontières, Paris, CEO : France Télécom, Paris, CEO Globecast : French Government, Paris Office of the Minister in charge of Equipment, Transportation & Tourism, Technical Advisor for International & Civil Aviation matters. 4

5 Member of the Board of Directors of MTS OJSC since 2013, member of the Remuneration and Nominating Committee, Audit Committee and Special Committee of the Board of Directors of MTS OJSC. Non-Executive Director, member of the Audit Committee ALTICE. nominated by Sistema Telecom Activy LLC that holds 220,467,234 registered common shares of MTS OJSC which constitute 10.67% of MTS OJSC voting shares. Stanley Miller Independent Director* Date of birth: 1958 Education: graduated from the University of South Africa in law and administration, the London Business School, the University (Business School) of Cape Town in management programmes in Finance, Marketing and Top Executive, and also has diploma in Human Resource Management present time: Director and owner of Main Branch Pty South Africa; Director of Arrow Creak Investments 75 (PTY) LTD South Africa : Chairman of the Board of directors of E-Plus GMBH Germany : CEO and Board member of Royal KPN NV present time: CEO and owner of Milvest BVBA Belgium present time: CEO and owner of ULS BVBA Belgium : CEO of BASE NV Belgium present time: CEO of Leaderman NV Belgium present time: CEO of Leaderman - SA Lux : he held senior and operational positions at NETHOLD : Group General Manager at Electronic Media Network with responsibility for operations in South Africa. Member of the Board of Directors of MTS OJSC since Chairman of the Remuneration and Nominating Committee of the Board of Directors of MTS OJSC, member of the Audit Committee, Budget Committee, Strategy Committee and Special Committee of the Board of Directors of MTS OJSC. Chairman of the Board of Directors AINMT (AB) Sweden. nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC, which constitute 30.79% of MTS OJSC voting shares. 5

6 Vsevolod Rozanov Date of birth: 1971 Education: graduated from the Moscow State University with a degree in Economics. Has extensive experience in management, economics and finance present time: Senior Vice President, Chief Financial Officer and member of the Management Board of JSFC Sistema : President of SISTEMA SHYAM TELESERVICES LIMITED (India) : Vice President for Finance and Investment of MTS OJSC : Deputy General Director for Economy and Finance of COMSTAR-United TeleSystems OJSC : was the Deputy General Director for Economy and Finance of MTU-Inform OJSC : held various consulting positions at Bain & Company in Moscow, London and Stockholm. Member of the Board of Directors since 2012, Chairman of the Budget Committee, member of the Corporate Governance Committee of the Board of Directors of MTS OJSC (to February 25, 2015 Committee on Corporate Governance and Ethics of the Board of Directors of MTS OJSC). Member of the Board of Directors of Leader-Invest CJSC, Bashneft OJSC, SISTEMA SHYAM TELESERVICES LIMITED. nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. 6

7 Regina von Flemming Independent Director* Date of birth: 1965 Education: 1993: Postgraduate German Institute for Developing Aid, GDI, Berlin Beijing : INSEAD Prof. P. Haspeslagh, Fontainebleau 1992: Sciences Po, Section CRH, Paris : FU Berlin, Diploma Political Sciences, Berlin 1988: Certificate Chamber of Commerce Duisburg, Steel Trading, Import and Export present time: Axel Springer Russia, Chief Executive Officer and Publisher : Flemming & Partner GmbH Berlin Moscow, Founder and Owner : Delta Capital, Vice President of the US Russia Investment Fund : Ehrmann AG, CEO Greenfield startup : Krone Russia, CEO. no board member and chairman of the committee on corporate social responsibility of the Russian-German Chamber of Commerce (AHK). Member of the Union of Reporters Without Borders, a member of the Paul Khlebnikov Fund in New York, a member of the European Business Association (Moscow), Member of the German-Russian Forum (Berlin), Member of the "Young Leaders Forum" (Munich), Member FIDAR (enterprising women in the supervisory boards Berlin), Member of the "Club of the independent directors" (Moscow). nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. 7

8 Thomas Holtrop Independent Director* Date of birth: 1954 Education: Mr. Holtrop holds a degree in psychology studies from the University of Freiburg and a degree in business administration, major: economics and production from Deutsche Angestellten Akademie (German Academy of Civil Servants) in Dusseldorf : Member of the Board, Chairman of the Audit Committee, member of the Strategy Committee, Remuneration and Nomination Committee of the Board of Directors at Comstar-United TeleSystems JSC : Member of the Supervisory Board of Gruner & Jahr : Chief Executive Officer of Thomas Cook AG : member of the board of Deutsche Telekom AG : President of T-Online International AG : Vice-President of American Express International Inc and member of the board at Bank 24 AG and Deutsche Bank 24 AG. Member of the Board of Directors of MTS OJSC since Chairman of the Audit Committee and Special Committee, member of the Remuneration and Nominating Committee and Corporate Governance Committee of the Board of Directors of MTS OJSC 9 to February 25, 2015 Committee on Corporate Governance and Ethics of the Board of Directors of MTS OJSC). no nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. Mikhail Shamolin Date of birth: 1970 Education: in 1992 he graduated from the Moscow Automobile and Road Technical Institute. In 1993 Mikhail received his second diploma from the Russian Academy of Public Administration under the President of the Russian Federation present time: President and Chairman of the Management Board of Sistema JSFC MTS OJSC President and Management Board Chairman MTS OJSC Vice President and Director of MTS Russia Business Unit MTS OJSC Vice President for Sales and Customer Service 8

9 Managing Director for the Ferroalloys Division at Interpipe Corp. (Ukraine) worked at the international consulting company McKinsey&Co. no Member of the Board of Directors of MTS OJSC during Member of the Strategy Committee; IR and Dividend Policy Committee of the Sistema Board of Directors; member of the Board of Trustees of the Sistema Charitable Foundation. Chairman of the Board of Directors, Chairman of the Remuneration and Nomination Committee, of the Strategy Committee of Medsi Group of Companies CJSC and other companies. nominated by JSFC Sistema that holds 636,224,752 registered common shares of MTS OJSC which constitute 30.79% of MTS OJSC voting shares. * The status «Independent Director» is determined by resolution of the Board of Directors of MTS OJSC according to the recommendation of the Remuneration & Nomination Committee of MTS OJSC Board of Directors on the basis of criteria defined in the Regulation on the Board of Directors of MTS OJSC. When considering this issue, shareholders shall take into consideration that members of MTS OJSC Board of Directors are elected by cumulative voting. In cumulative voting, each MTS OJSC voting share accounts for the number of votes equal to the total number of MTS OJSC Board of Directors members. The number of members of MTS OJSC Board of Directors: 9 (Nine). The shareholder may cast all votes relating to shares held by him/her for a single candidate, or distribute the votes among various candidates to MTS OJSC Board of Directors. Consents of nominees for the Board of Directors of MTS OJSC are present. Candidates who received the largest number of votes shall be deemed elected to MTS OJSC Board of Directors. 9

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