Investor Presentaiton

6 Rostelecom Investment case - capitalization growth and structural Clear outcome from structural changes changes Optimization of capital structure Consider preferred shares and treasury shares questions Growth of dividend yield Growth in Fundamentals Universal service company - full spectrum of telecom services to all types of clients with key focus on: Fixed and mobile broadband ➤ Pay-TV Universal multi-standard network covering whole territory of Russia Business expansion to adjacent segments (clouds, IT) Increase in operational effectiveness www.rostelecom.ru

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