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Investor Presentaiton

4 Traffic-Led Revenue Growth Exceptional Revenue Growth Trajectory... (RUBm) DETSKY MIR RETAIL CHAIN ...Underpinned by Strong and Consistent Like For Like Growth¹... CAGR 2013-2017: 28% 15.3% 14.6% 13.7% 97 003 12.3% 7.2% 79 547 4,8% 5,2% 60 544 8,3% 5,9% 45 446 12,2% 36 001 10,0% 8,9% 5,0% 6,0% -4,4% 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 ■Revenue (RUBm) Number of Tickets LFL Average Ticket LFL Product Gross Segment Margin Traffic Generation Newborns 20 20 ...and Selling Space Growth (k sqm) Revenue Breakdown (%) 24 29 29 Toys ✓ ✓ ✓ ✓ 38 38 38 35 35 25 25 31 33 33 25 25 33 33 CAGR 2013-2017: 21% 390 22 320 32 25 25 491 688 596 15 11 11 10 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Fashion ✓ ✓ ✓ 27 27 26 26 Large items ✓ ✓ and other ✓✓ 15 13 Source: Company data. Note: The Company's consolidated financial statements for 2013 under US GAAP and 2014-2017 under IFRS. For the line items and the years presented, there was no difference between the calculation of numbers or presentation under GAAP vs IFRS. 1 Includes only Detsky Mir branded stores in Russia. LfL growth includes only DM stores in Russia that have been in operation for at least 12 full calendar months. Revenue of each store included in LfL comparison represents retail revenue of the store (incl. VAT, excluding plastic bags) for respective period but excludes store revenue for those months in which the store was not operating for 3 days or more. 21
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