Investor Presentaiton

3 Λ Investments in Innovation per Areas In 2018 share of SMEs investing in innovation decreased compared to 2012, pp Marketing Manufacturing -1. INVESTMENTS AND INNOVATION -4.7 EQUITY INVESTMENTS Vast majority of SMES ENGAGED IN FOREIGN TRADE INVEST IN INNOVATION which is perhaps triggered by the necessity to sustain competition on external market. Unique products for domestic market Management Unique products for foreign market 1.0 -0.3 -3.4 Source: SME Research in 2019, SME research in 2013, Ameria CJSC 2018 ☐ 2012 22

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