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TMK TMK Market Exposure OCTG consumption in Russia and the US (m tonnes) 10 Global E&P investments (US$ bn nominal) 800 ■Russia US 700 2 8,4 8 7,7 600 6,9 500 6 5,6 400 6,5 4.7 5,7 4,6 4 300 3,8 2.7 200 100 2,3 2,0 1,9 1,8 1,9 0 0 2013 2014 2015 2016 2017 Source: Metal Expert for Russian OCTG consumption, Preston Pipe & Tube Report for US statistics 6 2010 2011 2012 2013 2014 2015 2016 2017 2018E 2019E Source: Rystad Energy 2020E Australia Europe Africa South America Asia Russia Middle East North America

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