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Investor Presentaiton

Seizing crisis opportunity for agri exports Comments Over the last 5 years, the worldwide consumption of wheat and corn increased by 6.0% and 7.1% respectively, mainly driven by the population growth Ukraine also increased its production and export recently: export of wheat is expected to reach MMT 787 in 2021/22 while the corn should peak at MMT 1,168 reflecting a 22% and 77% increase in export volumes, respectively, compared to 2017/2018 With relatively strong export prices, corn and wheat are key export commodities that have already brought US$ 6.7bn in export inflows (as of Sep 2021) Export of agricultural products itself constitute c. 40% of all exports, with top 5 products share of c. 26% Agri export volumes (US$ bn) and goods breakdown¹ Share in agri export Wheat and corn consumption (world) and Ukraine's export Metric tons 742 1,090 735 1,146 748 1,141 785 1,146 787 1,148 27 18 30 25 29 29 29 25 25 24 33 32 17/18 18/19 19/20 20/21 21/22 ■Wheat export Ukraine Corn export Ukraine Source USDA Ukraine's export prices on selected agri goods (US$/t) 300 Ukraine Corn (yellow) and Wheat (dark blue) FOB Black 23.1% 4.1 3.6 3.1 20.2% 17.6% 5.2% 5.0% Sea Ports 250 200 III.. 150 1800 Ukraine Sunflower Oil Export Price 1400 0.9 0.9 1000 600 Sunflower oil Corn Wheat Barley Animal feed Jul-20 Oct-20 February 2022 Source State Customs Service of Ukraine Note 1: In January - September 2021 Relatively strong and reviving prices for Ukraine's main exports 1,370 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Source Bloomberg, as of Jan 28, 2022 323 285 30 30
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