Investor Presentaiton

Change to previous year 25% 20% 15% 10% 5% 0% 2. Regional economy b) Regional GDP development 8.4% 4.0% 2.2% -5% 2013 -2.0% -10% -15% -20% GDP of Kaliningrad and Russia, bn € 21.8% 21.7% Average Exchange Year Kaliningrad Russia rate EUR- 13.9% RUB 11.4% 11.1% 10.2% 9.4% 2013 6.5 1 277.8 42.34 8.3% 8.2% 2014 6.2 1 161.7 50.95 5.3% 2015 5.1 965.9 68.07 1.2% 2016 5.2 933.9 74.14 2014 2015 2016 2017 6.3 1 136.3 65.94 2017 -3.3% -5.4% -9.1% -16.6% -16.9% Kaliningrad RUB Kaliningrad EUR Russia RUB Russia EUR TURUN YLIOPISTO |=1]]] pan-european institute • Because of Ruble's devaluation the GDP development in RUB and EUR is radically different The one in EUR describes the development of real GDP and purchasing power more adequately The location of Russian Baltic Fleet Army base in Kaliningrad brings incomes to the region Rosstat 2019, Statista 2019 7

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