Summer Garden Investor Presentation

INVESTOR PRESENTATION 23 MORTGAGE SALES NUMBER OF MORTGAGE CONTRACTS SIGNED MORTGAGE CONTRACTS AS A SHARE OF SALES 1,260 67% 64% 65% 66% 63% 8.28% 7.82% 734 47% 47% 44% 39% 37% AVERAGE MORTGAGE RATE IN RUSSIA(1) 6.39% 6.10% 5.83% 5.91% 5.94% ■ Mortgage rates in Russia are still supported by the State programme for families with children in Etalon's core cites and by prolonged state subsidised programme in other regions ■ Despite the change in the subsided mortgage programme, mortgage contracts as a share of apartment sales are at 66%, up by 2 p.p. y-o-y Mortgage contracts as a share of total contracts decreased y-o- y due to higher number of parking spaces sold in 3Q 2021 5.48% 3Q 2020 3Q 2021 3Q20 4Q20 1Q21 2Q21 3Q21 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 Aug-21 - Apartments Total Source: Company data; change was calculated without rounding (1) Weighted average interest rate on mortgage loans given to residents of Russia for acquisition of apartments on the primary market during the month, based on CBR data

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