Proposed Legislative Changes Concerning SPIC

| PROPOSED LEGISLATIVE CHANGES CONCERNING SPIC (2) CHANGES OF THE CONDITIONS: DURATION OF SPIC: up to 10 years up to 15 years (investment ≤ 50 bln RUB] up to 20 years (investment > 50 bln RUB) INVESTMENT VOLUME: from 750 mln RUB (without VAT) new from 1 bln RUB (without VAT] MULTIPLE INVESTORS: I investor only multiple investors are possible new new PROFIT TAX: application of the preferential rate when at least 90% of revenue is generated by SPIC product sales new possibility to apply the preferential rate to the tax base from SPIC products VOLUME OF STATE SUPPORT: no limitations tax and non-tax project-related budgetary expenses - no more than 50% of capital invest- ment new 3

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