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Investor Presentaiton

Russian economy outlook World 6th largest economy '2018 GDP in USD bln (purchasing power parity) IMF data One of the lowes debt burdens External debt/GDP % UK France China United States 25 313 20 513 India 10 401 Japan 5 632 Germany 4 379 Russia 4 180 Indonesia 3 496 Brazil 3 371 United Kingdom 3 034 France 2 969 Mexico 2 575 Italy 2 398 Turkey 2 314 Korea 2 140 Spain 1 868 299% 221% Spain 164% Germany Italy USA 143% 121% 95% Japan 79% Turkey 62% Mexico 40% Indonesia 38% Russia 30% Brazil 29% Korean Republic 24% India 21% 15% Diversified economy despite oil and gas shift Russia: GDP by industry, 2018 Finance & Insurance; 4%. Professional, scientific and technical activities; 4% State Government; 8%. Agriculture; 4%. Other; 17% Manufacturing 14% China CBR Key rate steadily decreases on the back of stabilized RUB exchange rate Trade; 14% 5,50 17,00 USD/RUB Key CBR rate,% as of period end 11,00 10,00 7,75 7,75 61,22 66,96 58,31 62,82 Real estate; 9% 38,57 31,86 Construction; 6%. Transport & Communication; Raw materials; 13% ā˜‘ MOSCOW EXCHANGE 7% 2013 2015 2014 Current value of CBR Key rate: 7.5 2016 2017 2018 5
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