Financial Overview H1 2020

Net income performing better than EBITDA on lower enel net financial charges H1 2020 H1 2019 ΔΥΟΥ EBITDA (all - RUB mn) 5,557 8,804 -37% DD&A and impairment (1,698) (10,691) -6 times -including Impairment of PPE¹ related to Reftinskaya reclassification (8,417) Reported EBIT 3,858 (1,887) Ordinary EBIT 3,858 6,137 -37% Net financial charges (336) (755) -56% Income tax (charge) / benefit (725) 499 Reported net income/(loss) (RUB mn) 2,798 (2,142) Net ordinary income 2,798 4,279 -35% 13

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