Investor Presentaiton

February 2022 Accumulated international reserves Comments Gross international reserves increased by 1.1% (m-o-m) and reached US$ 30.9bn as of Jan 1, 2022 (covering 4.1 months of future imports) Maintained high levels of FX reserves and floating FX rate policy are the most influential factors providing strong buffer for Ukraine on the back of the current downturn FX interventions of the NBU and MoF's debt operations were the main drivers of the change in FX reserves: FX domestic placement and World Bank tranche brought US$ 858m and US$ 105m, respectively, while US$ 848m were used for repayment and service of FX public debt Also, the NBU sold a net of US$ 153m in the interbank FX market and the revaluation of financial instruments resulted in US$ 23m decline in their value Gross international reserves by instrument (Jan 1, 2022) Gross and net international reserves (eop), US$ bn 35 30 25 20 GN NW 10 5 . Months of imports 3.4x 4.0x Jan-19 Mar-19 May-19 Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 4.8x Jul-20 Sep-20 Nov-20 Jan-21 4.1x Mar-21 May-21 Jul-21 Sep-21 Nov-21 Gross international reserves by currency (Jan 1, 2022) Source NBU ■ USD 19% 16% ■Securities (rating A) 2% 5% 4% ■ EUR ■Securities (rating AA) 3% 7% ■ GBP 5% US$ 30.9bn Jan 1, 2022 ■Securities (rating AAA) US$ 30.9bn ■ JPY Jan 1, 2022 ■Monetary gold ■ CNY 57% ■Banknotes, current accounts, time deposits 80% ■ Gold ■ Other BA 13

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