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Investor Presentaiton

Enhancement of trade relations with the EU Ukraine is among 5 largest exporters of agricultural products to the European Union Key highlights Following the full implementation of DCFTA in September 2017, Ukraine's export of goods and services to the EU increased by 4.9% in H1 2019 (y-o-y) while imports from the EU countries grew by 8.6% Export of services has increased by 4.5% over H1 2019 (y-o-y) totaling US$ 2.0bn with the UK, Germany, and Poland being the main destinations Export of goods grew by 5.0% over H1 2019 (y-o-y) totaling US$ 10.3bn with the Poland, Italy, and Germany being the largest partners Change in goods export structure indicates considerable rise in export of agriculture and mineral products Key EU destinations of Ukraine's export of goods, US$ bn Dynamics of trade in goods and services with the EU, US$ bn Inflows % of total CA operations in EUR 20.7% 22.6% +4.9% I 11.7 Outflows 38.2% 38.5% +8.6% I 13.4 12.3 12.3 Export Import TH1 2018 TH1 2019 Source State Statistics Service of Ukraine Note 1 Q1 2018 and Q1 2019 data Export of selected goods to the EU, US$ bn Key fast growing EU destinations in H1 2019 (y-o-y): 1. Ireland: +99% 2. Denmark: +50% TH1 2018 TH1 2019 1.6 1.7 1.5 1.3 0.9 1.1 0.9 0.8 0.8 0.8 4.1 4.5 Agriculture products 2.5 3.3 KE 2.0 Ferrous metals 1.7 2 1.3 Mineral products' 1.5 1.5 1.4 Other 2.4 2.4 TH1 2018 TH1 2019 Source State Statistics Service of Ukraine Note 2 Incl. fuel and energy products Machinery and equipment 3. Luxembourg: +48% Poland Italy Germany Netherlands Hungary Other September 2019 Source State Statistics Service of Ukraine 9
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