1Q 2018 Business Overview

Interest and finance income Interest and finance income¹ Investment portfolio sources³ RUB bln Mosprime², % Libor (USD)², % ― Effective yield, % RUB bln MOEX's own funds Client funds Net interest and finance income 10.3 9.5 8.9 8.3 7.5 2.4 2.4 2.6 2.6 904 2.0 -27.4% +10.7% 9% 801 0.7 1.0 1.2 1.2 -5.4% 1.5 10% 696 656 11% 593 +14.5% 12% 13% 4.6 4.7 4.2 4.3 91% 3.8 90% 89% 88% 87% 1Q 2017 2Q 2017 3Q 2017 4Q 2017 1Q 2018 1Q 2017 2Q 2017 3Q 2017 4Q 2017 1Q 2018 Client funds by currency Client funds by source Investment portfolio by type of asset 1Q 2018 1Q 2018 1% 6% 7% Other 8% FX Market 6% 3% EUR Securities Market FX deposits and curr. accounts 5% 1% 57% 10% FX securities 49% USD RUB 13% Derivatives Market Guarantee fund Precious Metals Market 45% RUB securities 21% 29% 31% 10% 17% 1Q 2017 1Q 2018 66% Other RUB deposits RUB current accounts REPO 15% 1 ☑ MOSCOW Source: NFEA, Bloomberg, Moscow Exchange operational information and Consolidated Financial Statements Interest and finance income includes Interest and other finance income, Interest expense, Net loss on financial assets available-for-sale, Foreign exchange gains less losses EXCHANGE 2 Average daily rate for the period 3 Based on average daily investment portfolio sources for the period according to management accounts 47

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