3Q 2021 Financial Overview

The established dividend story continues History of dividend growth DPS for the financial year, RUB 22% CAGR of DPS '13-20 Dividend yields of MOEX and exchange peers, 2021E¹ % XX% Payout ratio 85% 89% 89% Interim dividend 69% 89% 9.45 58% 7.96 55% 7.68 7.70 7.93 7.11 47% 35% 5.47 3.87 MOEX IPO 2.38 1.22 0.14 0.16 0.16 0.31| 2.49 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2.8 2.0 2.1 1.0 1.0 1.2 Dubai Fin. Market NASDAQ OMX LSE HKEX Euronext CME 9.3 7.5 5.8 6.0 2020 Dividend: explaining the new formula RUB bln 3.3 3.0 25.2 25.5 2.0 2.0 21.5 IFRS NI 2020 D&A 2020 CAPEX 2020 FCFE before 2021 M&A AWC 2021 Div M&A, AWC outlay (regulatory) 2020 ☑ MOSCOW EXCHANGE Sources: Bloomberg, Moscow Exchange 1 Bloomberg data as of 29 October 2021, for JSE as of 30 June 2021 Comments MOEX has been paying substantial dividends since the onset of its public history ■ Dividend policy approved in October 2019 sets 60% of net profit as the minimum payout and the target payout of 100% FCFE ■ In 2020 a DPS of RUB 7.93 for 2019, which amounts to 89% of the consolidated IFRS net profit for the year, was paid out In 2021 a DPS of RUB 9.45 for 2020, which amounts to 85% of the consolidated IFRS net profit for the year, was paid out 11

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