Moscow Exchange Financial Growth Presentation

3Q 2020 27% Money Market: recent trends Money Market ADTV RUB bln High share of CCP repo Deposit and credit operations Single-security repo with CCP volume, % GCC repo with CCP Single-security repo with CCP Interdealer repo GCC repo with CCP Interdealer repo Repo with the CBR Repo with the Federal Treasury 20% 16% 18% 20% 22% +29.6% 1,683 1,720 1,487 1,586 9% 11% 89% 1,327 15% 8% 9% 20% 9% -8% -3% 67% 71% 72% 70% 67% 17% 10% 10% 58% 58% 59% 56% 57% 17% 13% 14% 17% 19% 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 12% 13% 11% 10% 11% 3Q'19 4Q'19 1Q'20 2Q'20 3Q'20 RUB bln Stable to growing open interest supports F&C income Average repo term dynamics days Overall on-exchange repo GCC repo (incl. deposits with CCP) 5 000 3Q'19 3.8 3Q'19 3.6 4 500 4 000 4Q'19 3.8 4Q'19 4.6 3 500 3 000 1Q'20 4.4 1Q'20 3.1 2 500 2 000 2Q'20 4.2 2Q'20 4.6 1 500 1 000 3Q'20 4.6 3Q'20 4.5 500 +20% +26% ☑ MOSCOW EXCHANGE Source: Moscow Exchange 0 Jan-19 ■Interdealer repo Single-security repo with CCP GCC repo with CCP Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 46 46

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