Investor Presentaiton

Financial risks Marketing Risks Risk description . Change in the market environment A slump in the selling price of products due to the prevailing position of a foreign salmon supplier in the Russian market • Inadequate funding • Currency rate fluctuations Risk mitigation • It is possible to secure against the risks of this group by reducing dependence on foreign suppliers • Considering an alternative to domestic feed producers • Planning the budget with regard to a possible increase in costs of basic materials as well as with regard to forecasts of currency rate fluctuations Risk description Absence of expected or forecast demand Risks connected with underestimation of the competition level (dissemination of false or distorted information that can cause damage to the Company or harm its business reputation as well as misleading in respect of the nature, method and site of manufacture, customer performance and quality of the Company's products) Negative image Risk mitigation Signing long-term contracts with customers for delivery of the products. Therefore, it facilitates the planning of production volumes and minimises the risks related to the sales of finished products Establishing and maintaining the most friendly or partnership relations with other companies in the industry Social Risks Risk description . Lack of skilled employees • Enticement of key employees by competitors On-the-job injuries Risk of product theft, poaching, deliberate spoilage of cages Legal Risks Risk mitigation • Performance incentives for the most responsible and distinguished employees • Extending the duration of employment agreements and increasing salaries for well-performing employees • Training personnel on safety and compliance Ensuring that only well-trained employees aware of the technology are authorised to work on the production sites Production designing with account for personnel safety Setting up a security service • 24/7 monitoring in all areas • Installing video surveillance equipment Risk description Legislative amendments (including changes in tax rates, increase in various duties and levies) Risk mitigation • Monitoring and active participation in discussing the legislative initiatives • Increasing financial soundness Probability of occurrence The results of the risk assessment and prioritisation are as follows: 0.4 0.35 0.3 0.25 L C F 0.2 S O P 0.15 0.1 0.05 M B E 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 Significance for the company Assess- Rank ment 0.14 4 о Operational risks 0.16 2 P Pathogenic risks Commercial Risks 0.05 6 B Biological risks Risk description Risk mitigation 0.04 7 E Environmental risks Violation of obligations or failure to perform the obligations on part of raw materials and stock suppliers • Stipulating penalties in contracts with suppliers 0.18 1 F Financial risks • Making up an alternative list of suppliers in advance 0.08 5 S Social risks 0.16 2 L Legal risks 0.15 3 C Commercial risks 0.015 8 M Marketing risks 98 PJSC Russian Aquaculture | Annual Report 2021 www.russaquaculture.ru Promoting the importance of aquaculture and the technologies it uses • Paying special attention to the environmental friendliness of the production • Actively cooperating with local farmers and principal companies in the region, determining common problems and issues • Initiating and participating in conferences on the importance and necessity of the aquaculture development The most probable and serious risks, in terms of the amount of consequences, for an aquaculture company are financial and pathogenic risks. First of all, attention should be paid to the quality of work with suppliers to exclude disruption of supplies as well as to perform careful planning and budgeting with regard to all possible financial market fluctuations and price increases. The major threatening risk for the entire commercial Atlantic salmon cultivation industry is epizootic disease development. This is the main point to which much attention is paid in this area. Therefore, every year even more efficient and at the same time cost-effective disease control methods are developed. It helps prevent the risk of diseases and excludes the application of chemicals which produces less impact on the environment. The Company is also focused on operational risks. It is important to comply with the rules and methods of execution of all production operations and apply the practices of the leading companies in the industry. Designing requires special attention which should be paid to forecasting based on the experience available as well as on the experience of co-producers, including foreign counterparts. It is necessary to ensure high- quality training for the personnel on how to work in fish cages complexes where high endurance and accuracy in operations are simultaneously required. Social, marketing and legal risks may cause less damage for the company. However, they are more likely to occur as they are connected with external factors hard to foresee. 99 Risk management

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