LUKOIL : Notice of the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" 05 Dec 2023

NOTICE

of an Extraordinary General Shareholders Meeting

of Public Joint Stock Company "Oil company "LUKOIL"

Dear Shareholder,

Public Joint Stock Company "Oil company "LUKOIL", location: Moscow; address: Sretensky bulvar 11, Moscow, 101000, Russian Federation, hereby informs you that, by decision of the Board of Directors of PJSC "LUKOIL" of 26 October 2023, an Extraordinary General Shareholders Meeting of PJSC "LUKOIL" will take place on 5 December 2023 in the form of an absentee voting meeting, with the following agenda:

1. On payment (declaration) of dividends based on the results of the first nine months of 2023.
2. On payment of a part of the remuneration to members of the Board of Directors of PJSC "LUKOIL" for their performance of the functions of the members of the Board of Directors.

The deadline for the receipt of voting ballots

Postal address the completed and signed ballots must be sent to:

The date of determining (formalizing) the persons entitled to take part in the Extraordinary General Shareholders Meeting:

Classes (types) of shares whose holders have the right to vote on all agenda items of the Extraordinary General Shareholders Meeting:

Identification details of the shares whose holders are entitled to take part in the Extraordinary General Shareholders Meeting:

The URL of the website in the information and telecommunications network Internet where the electronic voting ballot may be completed, and the QR-code for prompt connection to the said website:

5 December 2023

1. «Registrator «Garant», Krasnopresnenskaya Naberezhnaya 8, second floor, office 228, Presnensky Municipal District Intra-city territory of a city of federal significance, Moscow, 123100, Russian Federation

10 November 2023

Registered Ordinary Shares

State Registration Number of the securities issue: 1-01-00077-А dated 25 June 2003

https://evoting.reggarant.ru/Voting/Lk

Please kindly note that the persons entitled to participate in the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" (the Company) may take part in the Company's Extraordinary General Shareholders Meeting by completing their voting ballot electronically on the website https://evoting.reggarant.ru/Voting/Lkin the information and telecommunications network Internet, with the Instructions for users of the electronic voting solution available on the Company's websites www.lukoil.ru (in Russian, the URL of the website is https://lukoil.ru/InvestorAndShareholderCenter/ShareholdersMeeting),

www.lukoil.com(inEnglish,theURLofthewebsiteis https://www.lukoil.com/InvestorAndShareholderCenter/ShareholdersMeeting) in the information and telecommunications network Internet. Access for completing the electronic voting ballot shall be granted from 11 November 2023 to the shareholders who register their title to shares in the Company's Shareholder Register, while shareholders who are clients of nominee holders shall be granted access after the said nominee holders provide OOO «Registrator «Garant» (the Registrar) keeping the Company's Shareholder Register with information on persons entitled to participate in the Extraordinary General Shareholders Meeting of PJSC "LUKOIL".

The ballot for voting shall be sent to each person registered in the Company's Shareholder Register and entitled to participate in the Meeting in the form of an electronic message with the ballot attached thereto to the email address of the relevant person specified in the Company's Shareholder Register not later than 14 November 2023. In this case, voting can be performed by printing, completing, signing and sending the ballot attached to the electronic message by mail to the address: OOO «Registrator «Garant», Krasnopresnenskaya Naberezhnaya 8, second floor, office 228, Presnensky Municipal District Intra-city territory of a city of federal significance, Moscow, 123100, Russian Federation. However, in order to ensure the receipt of the ballot by each person registered in the Company's Shareholder Register and entitled to participate in the Meeting, the voting ballot shall be sent by registered mail to those shareholders who do not have his/her e-mail address in the Company's Shareholder Register.

To receive ballot(s) for voting at subsequent General Shareholders Meetings in the future, we highly recommend that you provide your e-mail address so it can be included in the Company's Shareholder Register by submitting the Registered Natural/Legal Person's Form containing information about the e-mail address to the Registrar or any of transfer agents the list whereof is available on the Registrar's official website www.reggarant.ru in the Contact Information section. The Registrar charges no fee for submitting the Registered Natural/Legal Person's Form.

The ballots received by PJSC "LUKOIL" by the deadline for the receipt of ballots and the electronic ballots completed at https://evoting.reggarant.ru/Voting/Lk in the information and telecommunications network Internet by the said deadline will be counted for determining a quorum of the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" and tallying votes.

Information (materials) to be provided to persons entitled to participate in the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" in preparation for the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" will be

available on the Company's websites www.lukoil.ru (in Russian, the URL of the website is https://lukoil.ru/InvestorAndShareholderCenter/ShareholdersMeeting), www.lukoil.com (in English, the URL of the website is https://www.lukoil.com/InvestorAndShareholderCenter/ShareholdersMeeting) in the information and telecommunications network Internet starting from the date of publication on the said websites (no later than 14 November 2023); and from 15 November 2023, from 10:00 a.m. to 05:00 p.m. on business days, in the premises of the executive body of PJSC "LUKOIL", at the address: Sretensky bulvar 11, Moscow, 101000 Russian Federation, tel. [phone] or 8 [phone], as well as at the Registrar's addresses: Krasnopresnenskaya Naberezhnaya 8, second floor, office 228, Presnensky Municipal District Intra-city territory of a city of federal significance, Moscow, 123100, Russian Federation, tel. [phone]; Nevsky prospect, 21 A, 13N-1/1, fifth floor, office 511, (Mertens Business Center), St. Petersburg, 191186, Russian Federation tel. [phone] (ext. 2936, 2937) and at the addresses of the transfer agents of OOO «Registrator «Garant» indicated on the Registrar's official website http://www.reggarant.ru/index.php/ru/transfer-agentskie-punkty.

Access to information (materials) for the Extraordinary General Shareholders Meeting shall also be granted for voting electronically on the website https://evoting.reggarant.ru/Voting/Lk in the information and telecommunications network Internet.

The decisions taken by the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" and voting results will be communicated to the persons on the list of persons entitled to take part in the Meeting in the form of a Report on Voting Results to be made available on the Company's official websites www.lukoil.ru, www.lukoil.com in the information and telecommunications network Internet by 11 December 2023.

For the purpose of ensuring your rights as a shareholder of PJSC "LUKOIL", we kindly ask you to inform

1. «Registrator «Garant», the company keeping the Company's Shareholder Register, of any changes in your data (name, change in residence/domicile, change in banking details, e-mail address, passport and other data) in a timely manner by completing the
   Registered Natural/Legal Person's Form and submitting it to the Registrar. Pursuant to Clause 16, Article 8.2 of the Federal Law On Securities Market neither the Company nor the Registrar will be liable for the loss incurred, should you fail to provide information on such changes.

More details on the Extraordinary General Shareholders Meeting of PJSC "LUKOIL" will be available if contacted at: 8 [phone] or 8 [phone], [e-mail].

Board of Directors of PJSC "LUKOIL"